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2 bed house for sale Peel Street, Derby, DE22

Asking price

£110,000

Reduced on 18/10/2026

Type: Terraced
Bedrooms: 2
Bathrooms: 1
Size: £142 per sq ft
Tenure: Freehold

Key features

Two-bedroom mid-terrace home
Open-plan lounge and dining area
Separate kitchen to the rear
First-floor bathroom
Requires improvement, great potential
Ideal for investors or first-time buyers
Close to Derby city centre and amenities
Strong transport links nearby

About this property

Located on Peel Street in Derby, this two-bedroom mid-terrace home offers fantastic potential for buyers looking to add value and make a property their own. Entering from the front, you're welcomed into the spacious open-plan lounge and dining area-a bright, sociable space perfect for relaxing or entertaining. To the rear is a separate kitchen with access to the garden, providing a functional layout with scope for modernisation.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,537
Band B

£1,794
Band C

£2,050
Band D

£2,306
Band E

£2,818
Band F

£3,331
Band G

£3,843
Band H

£4,612

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Derby, 2026/27 bills run from £1,537 a year in band A to £4,612 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Derby, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Price guide

100 comparables · within 1.7 miles

Cheaper than 93% of the 2-bed houses for sale nearby right now.

This home, £110,000 Median £150,000 · £120,000 – £230,000

Per square foot

£142 28% under

2-bed houses nearby £197

Against sold prices

47% under

DE22 sold median £270 / sq ft, 1,363 sales

Compared with 100 2-bed houses for sale within 1.7 miles, on the market now or already under offer. The range is the middle 80% of their asking prices. Sold prices are HM Land Registry sales in DE22 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in DE22 →

Location

Peel Street, Derby, DE22

Open map Street View

Mortgage and stamp duty

Property price £110,000

£55k £165k

Deposit10% £11,000

£0 £110k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £99,000 mortgage. Most lenders would want a household income of about £22,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
38, Peel Street Terraced	Terraced	Mar 2025	700 sq ft £203/sq ft	700 sq ft	£203	£142,000
38, Peel Street Terraced	Terraced	Nov 2023	700 sq ft £121/sq ft	700 sq ft	£121	£85,000
106, Peel Street Semi-detached	Semi-detached	Feb 2023	1,119 sq ft £134/sq ft	1,119 sq ft	£134	£150,000
60, Peel Street Terraced	Terraced	May 2022	775 sq ft £194/sq ft	775 sq ft	£194	£150,000
38, Peel Street Terraced	Terraced	Jun 2021	700 sq ft £131/sq ft	700 sq ft	£131	£92,000
70, Peel Street Terraced	Terraced	Jun 2021	947 sq ft £127/sq ft	947 sq ft	£127	£120,000
82, Peel Street Terraced	Terraced	Jul 2019	678 sq ft £116/sq ft	678 sq ft	£116	£79,000
46, Peel Street Terraced	Terraced	Apr 2018	689 sq ft £138/sq ft	689 sq ft	£138	£95,000