Two-bed mid-terrace with clear renovation potential and no upward chain, close to Pride Park..
Freehold mid-terrace Victorian property, two double bedrooms
This mid-terraced Victorian property on Allestree Street offers a straightforward investment opportunity close to Pride Park and major road links. The house has two double bedrooms, two reception rooms and a small fitted kitchen across about 648 sq ft, with no upward chain to simplify purchase.
The building requires renovation — the kitchen and bathroom are dated, internal heating relies on room heaters with mains gas present, and the solid-brick walls likely have no cavity insulation. Double glazing is installed but the fitment date is unknown. These factors keep the purchase price competitive and give scope for value-adding refurbishment or a modest conversion for rental yield.
Location strengths include fast broadband, excellent mobile signal, and walkable access to secondary schooling and local amenities. Note the local context: the area is classified as deprived with high crime statistics and predominantly social renting households, which will influence tenant profiles and rental pricing.
Suitable for a hands-on buy-to-let investor or developer comfortable with renovation, this property’s low council tax band and freehold tenure help reduce running costs. Viewings are recommended to assess scope and costs of modernization required.