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Salter Close, Castle Donington, Derby

East Midlands

£235,000
Listed on 12/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This semi-detached three-bedroom home presents an exciting opportunity for those looking to invest in a property with significant renovation and extension potential, subject to planning approval. Situated in a sought-after cul-de-sac, the house offers off-road parking for up to four vehicles, complemented by well-maintained gardens at both the front and rear. Internally, the property features a practical layout beginning with an entrance hall that leads into a spacious lounge/dining area. This welcoming space is enhanced by large double-glazed windows that fill the room with natural light. The kitchen has been refurbished with contemporary Wren cabinets and includes modern appliances such as a Neff induction hob and Zanussi oven, installed in 2024. The kitchen also boasts ample storage, a convenient service door to a garage space (if converted), and an airy atmosphere thanks to multiple windows. On the first floor, you will find three well-sized bedrooms, each benefitting from natural light through double-glazed windows. The layout provides flexibility for various living arrangements or future modifications. The bathroom includes essentials such as a panelled bath with a mains-fed shower over, storage beneath the wash hand basin, and tiled finishes that offer durability. The outdoor spaces add further appeal, with a neat enclosed garden at the rear featuring both patio and lawn areas surrounded by mature plantings. There’s also potential for future development; with sufficient side space available for a garage or extension—subject to obtaining necessary planning permissions. Overall, this home is conveniently located near local amenities while providing easy access to larger transport links. Its combination of solid structural integrity alongside renovation possibilities makes it an ideal candidate for investors or families looking to create their perfect living space.

Investment Analysis

(DE74 area)
Area Average
£291/sq ft
Avg Rent (weekly)
£302
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£18,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (DE74)

Area prices are falling by +3.4% over the last 12 months
3 year growth: -4.4%
5 year growth: 21.8%
Investment Disclaimer: Analysis based on DE74 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

Salter Close, Castle Donington, Derby
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£861
Based on a loan of £176,250 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