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Salter Close, Castle Donington, Derby

East Midlands

£235,000

Listed on 31/07/2025

Property details

Bedrooms
3
Type
Semi Detached

Description

This three-bedroom semi-detached home presents a solid opportunity for those looking to invest in a property with substantial potential for enhancement. Nestled in a quiet cul-de-sac location, the house offers off-road parking suitable for multiple vehicles and well-maintained gardens both at the front and rear. Current features include double glazing and gas central heating throughout. The interior comprises an entrance hall leading to a lounge/dining area, a versatile study, and a kitchen that has been recently refurbished with modern units and integrated appliances. The first floor accommodates three generously sized bedrooms along with a functional bathroom. There is also the possibility of extending the living space or adding a garage, subject to obtaining the necessary planning permissions. The neatly arranged outdoor space boasts an enclosed garden with patio and lawn areas, making it perfect for family activities or further landscaping. Overall, this property is ideal for renovation enthusiasts aiming to create their dream home or add value through extensions.

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Investment analysis

(DE74 area)
Area Average
£286/sq ft
Avg Rent (weekly)
£271
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (DE74)

Area prices are falling by -2.5% over the last 12 months
3 year growth: -8.9%
5 year growth: +7.2%
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

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£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£888
Based on a loan of £176,250 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

Next Steps

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