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Locate in Derby

Quality of Life - Housing

Everything you need 'on your doorstep'!

country cottagesDerby and Derbyshire contain a wide variety of newly built and previously occupied homes in a range of strikingly different locations. Besides the attractive suburbs of the city Derbyshire’s towns and villages offer a range of attractive life style options, all within short commuting distances of the city centre.

Residential developers are providing a range of homes which, in design, quality and amenity, is comparable to those available anywhere in the country. Building in Derby’s city apartment living in converted millsconservation areas, the Derwent Valley World Heritage corridor and the Peak District National Park requires developers to pay particular attention to the appearance and materials used in construction.

Stylish refurbishment of some of the old mills at the edge of the commercial centre are creating a new dimension to city-living where the compact nature of the city with it’s river, cafés and restaurants is complemented by the rolling dales and open countryside only minutes away.

Short term solutions – rent in style

Derby has an incredible rental property market with all types of property available-from luxury executive city mill conversion apartments to detached family homes with gardens in quiet suburban settings.

The market for rented accommodation is extremely buoyant with a situation of over-supply due to the completion of major new developments and an increasing trend in property investment. Derby’s rents are considerably less than you would pay for equivalent property in London and the south-east and compare favourably with neighbouring cities of Nottingham and Leicester with a ‘better’ quality of life. (as measured by an Experian survey 2002).

Illustrative Derby rental values and properties:

Property Type Location Typical Rent
2 Bed Victorian Mid Terrace House Quiet Edge of City Centre £400 pcm
2 Bed Modern House Suburb £400 - £500 pcm
2 Bed Luxury Modern Executive Appt City Mill Conversion £500 - £700 pcm
3 to 4 Bed Detached
Family House
Sought-after residential suburb £800 pcm

The chance to get onto the property ladder

2 bed modern cottage

The prices of homes in and around Derby are below the national average and considerably less than those in London and the south-east. This provides great opportunities for first time buyers to establish themselves with properties such as this Victorian end of terraced property at only £91,500 in a quiet, traditional community environment, or this attractive modern cottage style house 2 Double Bedrooms and neat gardens in one of Derby’s attractive suburbs at £99,950.

Victorian end of terrace

Although property prices are considerably lower than many regions and in particular the south east, the City Council still supports a varied programme of affordable housing provision which includes key worker and shared ownership housing to help people onto the property ladder.

Relax – in that ‘extra’ space and garden

If you are already a homeowner, there is incredible scope for you to upgrade the quality of your home, whether measured by size, amenity or participation in a different life style, without any corresponding additional financial outlay. Prices of homes in Derby even compare favourably with near neighbours Leicester and Nottingham and are approximately 55% to 60% less than the equivalent type of property one would find in Greater London.*

If you are living in Acton or Croydon in a property valued at £159,000, for example, you would immediately benefit from being able to choose from a cottage in the attractive market town of Wirksworth, just 30 minutes commuting time from the city, to a detached house with garden in suburb of Oakwood, close to a country park and local supermarkets.

There are many small to medium sized developments planned over the next three to five years woven into established neighbourhood communities. Derby has also proven to be extremely effective in responding to significant relocation requirements through effective public and private sector partnerships, which manage the economic impact on the local housing market.

£159,000 2 Bed Detached, Oakwood £259,000 4 Bed Barn Conversion £359,000 4 Bed Converted Cottage
£159,000
2 Bed Detached, Oakwood
£259,000
4 Bed Barn Conversion
£359,000
4 Bed Converted Cottage

* as per Hometrack index December 2003

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