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Birchover Way, Allestree, Derby

East Midlands

£275,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1033 sqft

Description

This three-bedroom semi-detached house, situated in the sought-after residential area of Allestree, presents an excellent opportunity for renovation and investment. The property features gas central heating and double glazing throughout, which are beneficial in maintaining energy efficiency. The ground floor offers an entrance hall with stairs leading up to the first floor, a lounge with a fireplace, a spacious kitchen/dining area leading into a conservatory, perfect for casual dining or relaxation. Upstairs, you will find three bedrooms and a bathroom equipped with a shower. The exterior boasts gardens to the front, side, and rear, alongside a summerhouse/party bar providing potential for outdoor entertaining. A driveway and detached garage add to the convenience. The location is ideal for families given its proximity to local amenities including schools, parks, and excellent transport links to Derby city center and major roadways such as the A6 and M1. With some refurbishment tailored to modern tastes and preferences, this property can become a comfortable family home or hold great rental potential in this desirable community.

Investment Analysis

(DE22 area)

Above Market Value

This property is priced +4.6% above area average per sq ft

+4.6%
This Property
£266/sq ft
Area Average
£254/sq ft
Avg Rent (weekly)
£186
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£289,132
10% above area average per sq ft
Potential ROI
-3.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (DE22)

Area prices are rising by +13.1% over the last 12 months
3 year growth: 15.5%
5 year growth: 33.9%
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

Birchover Way, 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
£1,007
Based on a loan of £206,250 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