7 July 2021

What can you buy for under £205,000 in Derby?

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What can you buy for under £205,000 in Derby?

According to Rightmove, the average asking price for a first-time buyer home across the UK now stands at £205,925, so we thought why not take a look at what you can get across Derby for that budget? £205,000 goes quite a long way in our lovely city, covering everything from modern one-bedroom apartments to spacious three-bedroom homes, so just what is available?


Humber Street, Hilton

£69,950 – One Bedroom Apartment

We think this modern and well-presented first floor one bedroom apartment offers great value for first time buyers looking to get a foot on the property ladder and is ideally located offering easy access to the A38, A50, M1 and East Midlands Airport, as well as being a great choice for commuting into the City Centre or across to Burton. If you’re looking for modern living with minimum hassle, maybe an apartment could be the right choice for you.

You can view the full details here:



Nottingham Road, Chaddesden

Offers In Excess Of £98,500 – Two Bedroom Terraced Home

Traditional terrace homes have long since been seen as the first rung on the property ladder and for a long way under the £205,000 budget, you could choose this really rather spacious two double bedroom terrace property in the popular area of Chaddesden. With double glazing, combination boiler and reasonable garden space, it could prove to be the ideal home. It is worth remembering that at this price level, and as with all older properties, some internal works and modernisation might be required, so it’s best to make sure you pencil it into the budget!

Take a look at the full details here:



Fernilee Gardens, Chaddesden

£140,000 – Two Bedroom Semi Detached Home

Staying in the Chaddesden area but stepping up the ladder a little is this two bedroom semi detached home. With a modern interior, spacious lounge and fitted kitchen diner, it’s a great property at a great price and sits firmly within the £205,000 maximum budget, leaving plenty of money over to really make it your own.

Have a look at the details here:



Thanet Drive, Alvaston

£162,950 – Three Bedroom Semi Detached Home

Heading up a little in the budget and over to Alvaston, you could pick up this spacious three-bedroom semi-detached home for over £40,000 under the average first time buyer budget, and this one even comes with a conservatory! Great not only as a potential first time property, but also as a family home to grow into.

Take a look here:



Derwent Close, Allestree

Offers In Excess Of £200,000 – Three Bedroom Home

And last but in no way least, coming in just under budget is a fantastic three-bedroom home in the most sought-after area of Allestree. Offering good sized accommodation, a lovely modern dining kitchen, generous conservatory and overlooking a great green space, this spacious home could be yours for a great price. Not just a first-time buyer property but a real gem of a family home!

Take a full look at the details here:



So there you have it, we have compiled a list of just a few options that are available in the Derby property market that come in well below the national first time buyer average price and offer something for just about everyone! Derby prices may have been rising steadily for most of the year, but we still believe that you can find a fantastic home that is great value for money!


If you are just starting out on your property journey, give your local Hannells team a call, we can help with your property search, guide you through your mortgage process, arrange your solicitors, removals and even sort out your home insurance! It’s the complete moving experience!