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The Green, Allestree, Derby

East Midlands

£389,950
Listed on 16/01/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1353 sqft

Description

This four-bedroom detached property in Allestree offers an excellent opportunity for renovation and expansion, making it an attractive investment. Nestled in a desirable residential neighborhood, the home is conveniently located within walking distance of Park Farm Shopping Centre, a variety of schools, and beautiful parks. The layout features a spacious lounge with sliding patio doors that lead to a garden, a kitchen diner with essential amenities, and versatile rooms that present multiple possibilities for modernizing or enhancing the living space. The utility room and garage provide additional practicality for future enhancements. Outside, the property boasts a manageable garden and substantial driveway space accommodating several vehicles. With no chain involved, this property is primed for potential improvements to meet contemporary standards while retaining its family-friendly charm.

Investment Analysis

(DE22 area)

Above Market Value

This property is priced +13.4% above area average per sq ft

+13.4%
This Property
£288/sq ft
Area Average
£254/sq ft
Avg Rent (weekly)
£186
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£378,326
10% above area average per sq ft
Potential ROI
-12.0%
After renovation
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
40%
Properties sold annually

Local Market Trend (DE22)

Area prices are rising by +9.8% over the last 12 months
3 year growth: 14.5%
5 year growth: 32.6%
Investment Disclaimer: Analysis based on DE22 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

The Green, Allestree, 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
£1,428
Based on a loan of £292,462 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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