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Edmund Road, Derby, DE21 - Image 1
Edmund Road, Derby, DE21 - Image 2
Edmund Road, Derby, DE21 - Image 3
Edmund Road, Derby, DE21 - Image 4
Edmund Road, Derby, DE21 - Image 5

Edmund Road, Derby, DE21

East Midlands

£310,000
Listed on 22/03/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This spacious 3-bedroom detached home in Spondon presents a promising opportunity for renovation and investment. Set on a large plot, the property provides considerable off-road parking for at least four vehicles, enhancing its appeal for families and investors alike. Upon entering, you are welcomed by an entrance hall that leads to a bright reception room, which could serve as a playroom or additional sitting area. At the front of the house, a smaller reception room offers versatility as a home office or study, complemented by a convenient downstairs bathroom and ample storage space. The central hallway connects the living areas with ease. Towards the rear, you’ll discover an expansive dining room featuring a charming fireplace—ideal for family gatherings or entertaining guests. This space flows naturally into the sizeable lounge, which benefits from French doors that open up to the patio and garden, fostering a connection with outdoor living. The kitchen is generously proportioned and equipped with plentiful storage options, including a 5-ring gas hob and double oven—making it suitable for those who enjoy cooking. An adjacent room currently serves as an office but could easily be converted into a utility room or pantry to add functionality. Upstairs, the three well-sized double bedrooms are filled with natural light and provide plenty of room for personal touches. Completing this level is a spacious 4-piece family bathroom featuring both a bath and separate shower—an asset in busy households. Outside, the large rear garden offers significant space for various activities. The patio area is perfect for outdoor dining while the expansive grassed section allows for children’s play or potential landscaping projects. The size of the plot opens up numerous possibilities for development or extension, making it an attractive prospect for those considering future improvements. This adaptable property is well-suited for growing families looking to make it their own or investors seeking to maximize their return in this sought-after location. With its generous dimensions and substantial renovation potential, this home is ready to be transformed into something special.

Investment Analysis

(DE21 area)
Area Average
£258/sq ft
Avg Rent (weekly)
£219
Avg Yield
4.9%

Renovation Potential

Est. Renovation Cost
£31,000 - £77,500
10-25% of property value
Monthly Sales
40
Average per month
Market Turnover
70%
Properties sold annually

Local Market Trend (DE21)

Area prices are rising by +8.5% over the last 12 months
3 year growth: 10.2%
5 year growth: 24.7%
Investment Disclaimer: Analysis based on DE21 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Edmund Road, Derby, DE21
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