What is the Best Area to Buy Property in Derby?

Nestled in the East Midlands of England, Derby has been quietly emerging as an attractive option for property investors and homebuyers alike. One major reason is city’s affordable property prices; compared to many other UK cities, Derby offers a more accessible entry point into the property market.

What’s more, Derby’s economy is driven by a range of sectors, including manufacturing, aerospace and the creative industries. Major employers such as Rolls-Royce and Toyota give a big boost to the city’s economic vitality.

And Derby’s cultural scene is equally lively, with countless events, festivals, and attractions, including major regional attractions like Derby Cathedral and Derby Museum and Art Gallery. And don’t miss the annual Derby Festé, an arts and culture extravaganza that takes place every September.

So, allow us to take you on a tour of our top spots in Derby. We’re confident you’ll find something that fits you perfectly.

Darley Abbey

This picturesque suburb is renowned for its idyllic riverside setting, historic architecture and strong sense of community. Nestled along the banks of the Derwent, Darley Abbey offers a peaceful and serene atmosphere, perfect for those seeking a tranquil escape from the hustle and bustle of city life. 

The area boasts a mix of period properties and modern developments, making it a great fit for families and professionals alike. From an investment point of view, these plus points combined with proximity to the city centre makes Darley Abbey a wise choice for investors, with property prices likely to appreciate over time. It’s also close to the University of Derby, so the area attracts a number of professionals and students alike.

Allestree

Another area close to the university, Allestree is another desirable suburb that offers both convenience and calm. It boasts excellent schools and beautiful parks, and while it’s further out than Darley Abbey, there is still convenient access to the city centre. 

Allestree is a popular choice for families seeking a peaceful, family-friendly atmosphere. The area’s spacious homes and well-maintained gardens make it an ideal place to settle down and raise a family. For investors, this family-friendly area means properties are always in demand.

Mickleover

On the western edge of Derby, Mickleover is a slightly more suburban area with a mix of traditional and modern housing. It offers good transport links and a range of amenities, and it’s known for its friendly community atmosphere. 

Mickleover is a great option for families and professionals who appreciate a quieter pace of life but still want to be within easy reach of the city centre. Its combination of affordability and convenience make it a safe investment bet, as there is likely to be a steady demand.

Littleover

To the south east of the centre, Littleover offers a compelling blend of tranquillity and vibrancy. Its population is growing, thanks to its diverse culture and excellent amenities, It’s a popular choice for families seeking a high-quality living experience. 

There is a strong rental demand in Littleover as it attracts a wide range of tenants. Additionally, Littleover’s proximity to the city centre and its ongoing development projects make it a sound investment option.

Derby city centre

For those who prefer the vibrant, buzzing atmosphere of city living, central Derby has a huge range of shops, restaurants, bars and cultural hotspots. It’s no secret that finding a property with a garden in the city centre can be challenging, as most properties are flats or apartments; ultimately it all comes down to priorities and preferences.

For investors, the fierce demand for rental properties in central Derby can result in healthy rental yields. But a word of warning: City centre property prices are known to fluctuate more than properties elsewhere, so this is something to keep in mind.

Want to buy in Derby? We can help!

At SellHouseFast.co.uk our mission is to help people achieve their property goals. This is down to our  deep understanding of the property market — including Derby — and the fact that we’re experienced cash house buyers. 

This means we can help you to sell your house fast at a fair price and be in a strong position for your next move. Our uniquely personal, transparent service is like no other.

Contact us today to discuss how we can support you in making the most of what this hidden gem of a city has to offer.