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Daventry Close, Mickleover , Derby - Image 1
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Daventry Close, Mickleover , Derby

East Midlands

£295,000
Listed on 12/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom detached bungalow offers a unique opportunity to tap into its renovation and investment potential. Nestled in a quiet cul-de-sac, the property sits on generous grounds with mature gardens that provide ample space for landscaping or further development, depending on your vision. Internally, the layout includes an enclosed entrance porch leading to a welcoming hallway, which connects to a spacious lounge featuring a stone fireplace and large windows that invite natural light. The versatile third bedroom can function as a dining room or study, while the adjoining conservatory enhances living space with views of the garden. The kitchen is equipped with essential fittings but presents an opportunity for modernizing to meet contemporary standards. There are two additional well-sized bedrooms, along with a practical shower room and separate WC. Externally, you will find well-maintained front gardens and a driveway that accommodates three to four vehicles, leading to an attached garage for added convenience. The expansive rear garden is particularly noteworthy; its west-facing aspect ensures plenty of sunlight throughout the day and provides a private retreat with paved patios, lawns, flower borders, and even a greenhouse. Located close to Mickleover's array of local amenities—such as shopping facilities, healthcare services, eateries, and leisure options—this property's location offers both comfort and accessibility. Excellent transport links provide convenient access to Derby city center and beyond via regular bus services and nearby major roadways including the A38 and A50. This bungalow not only offers immediate occupancy but also invites creativity for those looking to personalize their living space or enhance its value through modernisation and possible extensions (subject to necessary planning approvals). Its solid structure combined with an ideal setting makes it an enticing proposition for both homeowners and investors alike.

Investment Analysis

(DE3 area)
Area Average
£295/sq ft
Avg Rent (weekly)
£285
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (DE3)

Area prices are rising by +6.3% over the last 12 months
3 year growth: 4.9%
5 year growth: 21.8%
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

Daventry Close, Mickleover , 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
£1,081
Based on a loan of £221,250 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