Secure income near university with immediate tenancy and refurbishment potential.
Three double bedrooms, 937 sqft mid-terrace family/student house
This freehold mid-terrace three-bedroom house sits in a central, student-focused pocket of Derby, a short walk from the Markeaton Street campus. It is offered with a tenancy in place until 30 June 2026, providing immediate rental income and making it appealing to buy-to-let investors targeting the student market.
The property was freshly redecorated for the 2025/26 academic year and retains original period features such as fireplaces and wooden paneled doors. It has double glazing installed post-2002, mains gas boiler and radiators, and an EPC rating of D. Broadband speeds are fast and mobile signal is excellent across major networks.
There are clear value drivers — close proximity to university, secured tenancy, low council tax and compact running costs. However, the house sits in a very deprived area with high local crime statistics and a small rear garden/plot. Some internal areas show dated wear and the solid-brick walls are assumed uninsulated, so further refurbishment or insulation upgrades could be required to improve energy performance.
Overall, this property suits investors looking for steady student rental income with short-term convenience and longer-term upside through targeted updating and insulation works.
4 bedroom terraced house for sale in Jackson Street, Derby, DE22 — £171,000 • 4 bed • 1 bath • 829 ft²
2 bedroom terraced house for sale in Windmill Hill Lane, Derby, Derbyshire, DE22 — £170,000 • 2 bed • 1 bath • 794 ft²
3 bedroom terraced house for sale in Peach Street, Derby, DE22 — £150,000 • 3 bed • 1 bath • 781 ft²
2 bedroom terraced house for sale in Merchant Street, Derby, DE22 — £165,000 • 2 bed • 1 bath • 840 ft²
3 bedroom terraced house for sale in Lynton Street, Derby, DE22 — £124,950 • 3 bed • 1 bath • 823 ft²
2 bedroom terraced house for sale in Merchant Street, Derby, DE22 — £145,000 • 2 bed • 1 bath






































































