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Arlington Drive, Alvaston, DERBY - Image 1
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Arlington Drive, Alvaston, DERBY

East Midlands

£240,000
Listed on 16/09/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom semi-detached property is located on a tranquil residential street in Alvaston, presenting an appealing opportunity for investors and developers seeking a renovation project. The home is set on a substantial plot, providing plenty of space for reconfiguration or expansion, subject to planning permissions. The interior layout features two spacious reception rooms and a kitchen area that leads directly to the garden. Upstairs, you'll find three bedrooms, which offer versatility for various uses, along with a family bathroom that includes essential amenities. While the property requires comprehensive renovation throughout, its solid structure offers a promising foundation for modernization. The exterior includes off-road parking via a private drive and a front garden area. The rear garden is expansive, allowing for potential development or landscaping improvements to enhance outdoor living spaces. Situated conveniently close to local schools, shops, and excellent transport links including the A6 and A50, as well as easy access to Derby city center, this property stands out as a blank canvas with significant investment potential. Whether looking to create a family home or aiming for rental opportunities, this residence offers the chance to transform it into something truly special.

Investment Analysis

(DE24 area)
Area Average
£237/sq ft
Avg Rent (weekly)
£196
Avg Yield
4.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
116%
Properties sold annually

Local Market Trend (DE24)

Area prices are falling by -3.7% over the last 12 months
3 year growth: +5.9%
5 year growth: +28.6%
Investment Disclaimer: Analysis based on DE24 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

Arlington Drive, Alvaston, DERBY
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Mortgage Calculator

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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£866
Based on a loan of £180,000 over 30 years at 4.06% 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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