Letting agents in Derby
Full management for landlords in Derby, from our office on Friar Gate in Derby. 8% of the rent, no set-up fee and no VAT. We find and reference the tenant, collect the rent, inspect the property and keep your paperwork right.
Rents in Derby
Average monthly rent by number of bedrooms, September 2026.
Office for National Statistics, Price Index of Private Rents. Covers new and existing tenancies across Derby. New lets often achieve more.
Get a rent estimate for your propertyRental yields in Derby
What a typical home costs to buy in Derby, what it rents for, and the gross yield.
| Type of home | Median sold price | Average rent a month | Gross yield |
|---|---|---|---|
| Detached house | £325,000 | £1,092 | 4.0% |
| Semi-detached house | £220,000 | £925 | 5.0% |
| Terraced house | £165,000 | £856 | 6.2% |
| Flat or maisonette | £115,000 | £716 | 7.5% |
Sold prices: HM Land Registry, Derby, the 12 months to the end of July 2026. Rents: ONS, Derby, September 2026. Gross yield is a year's rent divided by the price, before any costs. Buying to let? Option Finance arranges buy to let mortgages, with no broker fee if you are buying or selling with us.
What full management costs in Derby
On the average rent of £871 a month.
Option Estates
£836
in the first year. 8% of the rent, no VAT, no set-up fee, nothing extra for inspections, notices or renewals.
Typical high street
£1,734
in the first year at 12% including VAT plus a £480 set-up fee, before extra charges.
Comparison uses the published fully managed fees of a national agency's Derby branch, checked 22 October 2026.
Included for every Derby landlord
- Marketing with professional photos and a live walk-through video on our social media.
- Referencing and right to rent checks on every tenant.
- Rent collected and paid to you each month, with statements in your landlord portal.
- Check-in, check-out and regular inspections, with photos in your portal.
- Gas safety, electrical and EPC reminders before anything runs out.
- Rent reviews, notices and renewals done properly under the Renters' Rights Act.
What tenants look for in Derby
Good transport and good schools keep homes let and tenants staying longer.
Trains from Derby station
London St Pancras from 1 hour 25 minutes, with up to 53 trains a day. Nottingham, Sheffield and Birmingham New Street typically 30 to 40 minutes.
Buses
Derby bus station is the hub for trentbarton and Arriva services across the city and out to the towns around it.
Roads
The A38 runs round the west of Derby to Burton and Birmingham and north to the M1 at junction 28. The A52 runs east to Nottingham and the M1 at junction 25, and the A50 runs south of the city.
Schools
- Landau Forte College, secondary, Ofsted outstanding in every area, including sixth form
- Derby Cathedral School, secondary, Ofsted good in every area
- Saint Benedict Catholic Voluntary Academy, secondary, Ofsted good
- Ashgate Primary School, primary, Ofsted good in every area
Selling instead? See sold prices and our sales service in Derby.
Questions landlords in Derby ask
How much rent can I get for a two bedroom home in Derby?
The average rent for a two bedroom home in Derby was £788 a month in September 2026, from Office for National Statistics figures. New lets often achieve more than the average, and condition, parking and the exact street all make a difference. Our free rent estimate gives you a starting figure.
What does a letting agent cost in Derby?
With Option Estates, full management is 8% of the rent with no VAT and no set-up fee. On the average rent in Derby of £871 a month, that is £836 for the first year. At 12% including VAT plus a £480 set-up fee, the first year would cost £1,734.
What rental yield can I get in Derby?
Using the average rent for Derby and the median sold price in Derby, flats give the highest gross yield, at about 7.5%. That is before costs such as the mortgage, repairs, insurance and management. Yields vary a lot from street to street.
Do you offer tenant find only in Derby?
No. We only offer full management, because we stand behind the tenant we choose for the whole tenancy. That includes rent collection, inspections, repairs, certificate reminders and keeping your paperwork right under the Renters' Rights Act.