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Hillside Road, Spondon, DE21

East Midlands

£250,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
743 sqft

Description

Located in the desirable area of Spondon, this three-bedroom detached house presents a valuable opportunity for those looking to invest in a property with significant renovation potential. The property features a spacious double driveway, carport, and a garage, along with well-kept gardens at both the front and rear. Inside, you will discover two reception rooms that offer versatile spaces for living and entertaining. The three generously sized bedrooms can accommodate a growing family or be transformed into guest rooms or home offices as needed. While the home currently requires modernisation, this allows discerning buyers to reimagine the layout and design according to personal preferences. The inherent character of this residence is evident and stands as an exciting canvas for future enhancements. Its prime location near local schools, shops, and transport links adds to its appeal, making it practical for everyday living. With no upward chain involved in the sale process, this property ensures a smoother transition for potential owners. Overall, this is an excellent opportunity to create a tailored living environment in a sought-after community.

Investment Analysis

(DE21 area)

Above Market Value

This property is priced +29.1% above area average per sq ft

+29.1%
This Property
£336/sq ft
Area Average
£261/sq ft
Avg Rent (weekly)
£219
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£213,029
10% above area average per sq ft
Potential ROI
-22.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
50
Average per month
Market Turnover
122%
Properties sold annually

Local Market Trend (DE21)

Area prices are rising by +2.7% over the last 12 months
3 year growth: +3.3%
5 year growth: +16.1%
Investment Disclaimer: Analysis based on DE21 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

Hillside Road, Spondon, DE21
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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
£902
Based on a loan of £187,500 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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