Sold STC Terraced

79 MELBOURNE STREET

DERBY, CITY OF DERBY DE1 2GF

3 beds 2 baths 122 m² Listed 17 Jun 2025 (-399d)

£165,000

Reduced on 26 Aug 2025

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Property details

Tenure

FREEHOLD

Floor area

122 m²

Council tax band

C

EPC rating

E

Last sold

£152,000 Jan 2026

Price per m²

£1,352/m²

Local average

£181,185 (-8.9%)

Deprivation

Decile 1 (74 of 33,755)

Street crime

1267 incidents within 1 mile (May 2026)

Key features

  • No onward chain
  • Three reception rooms
  • Excellent transport links
  • Walking distance to station
  • Flexible layout potential
  • Investment/renovation opportunity

Additional details

Electricity
Mains supply
Water
Mains supply
Sewerage
Mains supply
Garden
Yes

Description

This three-bedroom mid-terrace property on Melbourne Street offers a fantastic opportunity for buyers looking to add their own personal touch. Situated just a stone’s throw from Derby City Centre, the home benefits from superb transport links, with the train station and Pride Park easily accessible on foot or by public transport.

The property is offered with no onward chain, making it an ideal purchase for both investors and families looking to move quickly.

Inside, the home offers excellent space and versatility. The ground floor features three generously sized reception rooms, providing flexible options for living, dining, or even additional bedrooms, as has been used in the past. To the rear, you’ll find the kitchen with direct access to the courtyard garden, which offers potential to create a pleasant low-maintenance outdoor area.

Upstairs, there are two large double bedrooms, including the master with double windows and its own en-suite. Additionally, there is a further double and a good-sized single bedroom, served by a family bathroom.

Although the property requires modernisation throughout, it presents the perfect blank canvas for those looking to renovate, whether as a family home or a buy-to-let with strong rental potential thanks to its size and location.

A rare opportunity in this area — early viewing is highly recommended.

Listed by

Derby

Spicerhaart

Reference: 163432292

EPC Rating & Upgrade Cost

Current rating: E

Potential rating: C

Inspection date: 03/07/2020

Expiry date: 02/07/2030

Current heating cost: £1,216/year

Potential heating cost: £733/year

Est. upgrade cost to C: £21,823

Recommendations

  • 50 mm internal or external wall insulation (£4,000 - £14,000)
  • Increase hot water cylinder insulation (£15 - £30)
  • Hot water cylinder thermostat (£200 - £400)
  • Upgrade heating controls (£350 - £450)
  • Replace boiler with new condensing boiler (£2,200 - £3,000)
  • Solar water heating (£4,000 - £6,000)
  • Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

Floorplan 2

Floorplan 2

EPC Graphs

EPC 1

EPC 1

FENSA Certificates

This property has 1 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #12272191

Property Details

Street: 79 Melbourne Street

Town: DERBY

Postcode: DE1 2GF

Installation Details

Items: 10 windows

Certificate Issued: 03/04/2017

Work Completed: 13/02/2017

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

Event Date Price % change
Sold 23/01/2026 (5 months ago) £152,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
Same street 23 MELBOURNE STREET, DERBY, CITY OF DERBY, DE1 2GF £105,000 20/12/2023 Terraced
110 OSMASTON ROAD, DERBY, CITY OF DERBY, DE1 2RD £230,000 17/06/2022 Terraced
Same street 77 MELBOURNE STREET, DERBY, CITY OF DERBY, DE1 2GF £147,000 10/06/2022 Terraced
8 MELBOURNE STREET, DERBY, CITY OF DERBY, DE1 2GE £135,000 19/04/2022 Terraced
14 MELBOURNE STREET, DERBY, CITY OF DERBY, DE1 2GE £110,000 01/09/2021 Terraced

Street average: £126,000 (2 sales)

Area average: £158,333 (3 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -5.7%
10y growth 8%

House Price Index (HM Land Registry — official index, not sold-price averages): City of Derby. Series: Terraced. As of April 2026.

1y (index) 1.8%
5y (index) 19.1%
10y (index) 50.4%

Rental Range

Estimated market rent for Derby. Low = conservative, Realistic = average, Optimistic = best case.

Low £767/mo
Realistic £852/mo
Optimistic £937/mo

Based on Local Authority from postcode lookup → Derby.

LHA (30th percentile) floor for Derby: £698/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Unknown 0.1 miles
Bus stop Charnwood Street 0.1 miles
Shop Beauty Rose 0.1 miles
Shop Anna Nails 0.1 miles
Train station Derby 0.5 miles
University Britannia Mill 1.2 miles
Train station Peartree 1.2 miles
University University of Derby - Markeaton Street Campus 1.4 miles
Hospital Royal Derby Hospital 1.6 miles
Hospital Nuffield Health Derby Hospital 2.7 miles

Street-level crime

Category Count
Violence and sexual offences 446
Anti-social behaviour 176
Drugs 149
Public order 132
Shoplifting 80
Other theft 79
Criminal damage and arson 59
Burglary 31
Other crime 24
Vehicle crime 23
Robbery 20
Possession of weapons 18
Theft from the person 16
Bicycle theft 14
Total incidents 1267

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
St James' Church of England Aided Infant School Primary 0.1 miles Good — 6 Dec 2018
St Joseph's Catholic Voluntary Academy Primary 0.3 miles Good — 1 Jul 2016
Rosehill Infant and Nursery School Primary 0.3 miles Good — 26 May 2020
St James' Church of England Aided Junior School Primary 0.4 miles Good — 24 Apr 2024
Derby St Chad's CofE Nursery and Infant School Primary 0.4 miles Good — 26 Jul 2023

Rental Comparables

Rental listings exist nearby, but none matched the 3-bedroom count for this property.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.52%
Max investor price (0.8%) £106,500
Target investor price (1%) £85,200
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).