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Portland Close, Mickleover, Derby

East Midlands

£365,000
Listed on 03/02/2026

Property Details

Bedrooms
2
Type
Detached house
Area
880 sqft

Description

This spacious two-bedroom detached bungalow is set on a generously sized plot in a tranquil cul-de-sac, presenting an excellent opportunity for renovation and enhancement. While the property benefits from double glazing, gas central heating, and ample living space—including a lounge with a fireplace, dining area, conservatory, and a well-equipped kitchen—the potential for improvement is significant. The interior features include an L-shaped entrance hall, two comfortable bedrooms, and a modern shower room. The exterior offers impressive gardens that provide privacy due to established trees and landscaping; the expansive rear lawn and patio areas are perfect for outdoor enjoyment or future extension (subject to planning consent). The dual driveways provide ample parking and lead to a detached garage, enhancing the property's functionality. Given its location in Mickleover—close to shopping amenities, schools, and major transport links—this bungalow stands as a promising investment for those looking to put their personal touch on their new home.

Investment Analysis

(DE3 area)

Above Market Value

This property is priced +41.5% above area average per sq ft

+41.5%
This Property
£415/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
£283,672
10% above area average per sq ft
Potential ROI
-30.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Portland Close, Mickleover, Derby
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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
£1,316
Based on a loan of £273,750 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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