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Darwin Road, Mickleover, DE3

East Midlands

£250,000
Listed on 11/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
950 sqft

Description

This traditional three-bedroom semi-detached house located in the desirable Mickleover area of Derby presents a significant opportunity for renovation and modernization. Positioned on a popular development, the property features essential amenities including a driveway, garage, and a rear garden that offers potential for landscaping enhancements.<br><br>Upon entering, the property welcomes you with an entrance hall leading to two versatile reception rooms suitable for both living and dining. The kitchen is equipped with basic appliances such as a gas hob and electric oven, while also providing access to the side driveway. The first floor comprises three well-sized bedrooms, along with a bathroom and separate WC—spaces that are ripe for modern updates.<br><br>The exterior showcases off-road parking via a block-paved driveway and green space both at the front and back of the property. The rear garden is private, providing ample scope for buyers to create an outdoor sanctuary tailored to their preferences.<br><br>Mickleover's appeal lies in its proximity to Derby city centre and local amenities, making it attractive for families and professionals alike. Notably close to the Royal Derby Hospital, this location also offers vibrant shopping options, leisure facilities including golf clubs, and excellent community spirit. With solid transport links and various recreational opportunities nearby, this property is not only a family home but also an investment with great potential for value appreciation through thoughtful renovations.

Investment Analysis

(DE3 area)

Below Market Value

This property is priced -10.2% below area average per sq ft

-10.2%
Potential saving
This Property
£263/sq ft
Area Average
£293/sq ft
Avg Rent (weekly)
£259
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£306,237
10% above area average per sq ft
Potential ROI
+5.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
78%
Properties sold annually

Local Market Trend (DE3)

Area prices are rising by +2.7% over the last 12 months
3 year growth: +2.8%
5 year growth: +19.7%
Investment Disclaimer: Analysis based on DE3 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

Darwin Road, Mickleover, DE3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£902
Based on a loan of £187,500 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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