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Shearwater Close, Derby, DE23

East Midlands

£250,000
Listed on 12/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
661 sqft

Description

This three-bedroom detached home is located in the desirable Littleover area of Derby, combining functional living space with significant renovation potential. It features a private driveway and a detached garage, both offering convenient off-street parking and storage solutions. The property benefits from gas central heating throughout, making it a comfortable base for families or individuals seeking to invest in a home that can be tailored to personal tastes. Inside, the layout presents three well-sized bedrooms, providing ample space for family living or home office needs. The ground floor includes a spacious lounge that features laminate flooring and direct access to the rear garden through UPVC double-glazed patio doors, enhancing natural light and the connection to outdoor spaces. The kitchen is equipped with basic fittings and offers plumbing for appliances, representing an opportunity for modernization that could significantly elevate the property's value. The first floor consists of generously proportioned bedrooms, with each room benefiting from natural light through double-glazed windows. The family bathroom, while functional, also provides potential for upgrades that can reflect contemporary design preferences. Outside, the expansive rear garden serves as a blank canvas ideal for gardening enthusiasts or families looking to create an inviting outdoor space. With room for creative landscaping or expansion of existing facilities, this area offers promising investment opportunities. Situated in a well-established residential neighborhood, this property enjoys proximity to local schools, parks, and shopping amenities. Excellent transport links are readily available for easy commuting to Derby city center and surrounding areas. This residence presents an appealing chance for buyers interested in making updates that will not only enhance their living experience but also increase property value over time. A solid investment in a sought-after location awaits those ready to bring their vision to life.

Investment Analysis

(DE23 area)

Above Market Value

This property is priced +59.1% above area average per sq ft

+59.1%
This Property
£378/sq ft
Area Average
£238/sq ft
Avg Rent (weekly)
£197
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£172,868
10% above area average per sq ft
Potential ROI
-37.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (DE23)

Area prices are rising by +6.2% over the last 12 months
3 year growth: 2.3%
5 year growth: 15.6%
Investment Disclaimer: Analysis based on DE23 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

Shearwater Close, Derby, DE23
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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
£916
Based on a loan of £187,500 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE