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Filey Walk, Derby

East Midlands

£179,950
Listed on 12/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This two-bedroom end-of-row house occupies a substantial corner plot, offering potential for renovation and expansion. The property is surrounded by gardens on three sides, providing a private outdoor space that could be enhanced further. Its location benefits from ample green areas and nearby amenities, making it an attractive option for families or investors. The interior features a traditional layout beginning with an entrance hallway that leads to a spacious lounge. This room is complemented by a gas fireplace and receives natural light from the front-facing UPVC double-glazed window. Adjacent is the dining kitchen equipped with a range of wall and base units, along with essential appliances including an electric oven and gas hob. A side lobby provides additional storage space, which could be adapted into a utility area. On the first floor, the main bedroom includes built-in wardrobes and offers further storage options with an over-stairs cupboard. The second bedroom is generously sized and also benefits from good natural light. The bathroom is fitted with a shower over the bath, while the separate WC adds convenience. Outside, the extensive gardens present not just a pleasant outdoor space but also significant potential for landscaping or extending the home (subject to planning permission). Notably, the property's positioning between Perth Street and Hornsea Road may allow for off-road parking solutions in the future. Nestled within a popular residential neighborhood, this home enjoys proximity to local schools, shops, parks, and public transport routes leading directly to the city center. This combination of location and potential renovation makes this property an intriguing opportunity for investors looking to capitalize on its strengths while adding value through updates or expansions. Please note that this property is of non-standard construction, which may influence financing options for potential buyers seeking investment properties.

Investment Analysis

(DE21 area)
Area Average
£258/sq ft
Avg Rent (weekly)
£229
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (DE21)

Area prices are rising by +3.5% over the last 12 months
3 year growth: 3.7%
5 year growth: 17.7%
Investment Disclaimer: Analysis based on DE21 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

Filey Walk, Derby
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£659
Based on a loan of £134,962 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE