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62 Blenheim Drive, Allestree, Derby, Derbyshire, DE22 2LE - Image 1
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62 Blenheim Drive, Allestree, Derby, Derbyshire, DE22 2LE - Image 6
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62 Blenheim Drive, Allestree, Derby, Derbyshire, DE22 2LE - Image 9
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62 Blenheim Drive, Allestree, Derby, Derbyshire, DE22 2LE

East Midlands

£195,000

Listed on 22/06/2026

Property Details

Bedrooms
3
Type
Semi Detached House

Description

This semi-detached house presents a promising opportunity for renovation in a residential area, conveniently located near local shops and amenities. Occupying two levels, the home features three reception rooms and a kitchen on the ground floor, alongside three bedrooms and a bathroom upstairs. While the property is vacant and requires a comprehensive refurbishment, its layout allows for versatile living arrangements and potential modern upgrades. The outdoor space includes front and rear gardens, off-street parking, and a garage, all of which enhance its appeal as an investment project. This property’s location near Allestree Recreation Ground adds community value, making it ideal for families or as a rental investment.

Investment Analysis

(DE22 area)
Area Average
£248/sq ft
Avg Rent (weekly)
£229
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (DE22)

Area prices are falling by -5.1% over the last 12 months
3 year growth: +7.4%
5 year growth: +17.9%
Investment Disclaimer: Analysis based on DE22 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

62 Blenheim Drive, Allestree, Derby, Derbyshire, DE22 2LE
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£737
Based on a loan of £146,250 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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