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Derby Road, Kegworth, Derby

East Midlands

£280,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This charming three-bedroom mid-terrace home in the desirable village of Kegworth presents a significant opportunity for renovation enthusiasts or investors. Offered with no onward chain, the property allows new owners the flexibility to tailor the space to their personal preferences and requirements. The layout includes a spacious lounge with a gas fireplace, a kitchen diner leading to a conservatory, and three well-sized bedrooms on the first floor. Additionally, there is a family bathroom and multiple practical features such as a workshop, ground floor WC, and integrated garage. The garden at the rear is established, featuring both lawn and patio areas which could be enhanced further. Internal inspection is advisable to appreciate the full potential of this property, which requires modernization to reach its full capability.

Investment Analysis

(DE74 area)
Area Average
£291/sq ft
Avg Rent (weekly)
£302
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (DE74)

Area prices are falling by +3.4% over the last 12 months
3 year growth: -4.4%
5 year growth: 21.8%
Investment Disclaimer: Analysis based on DE74 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

Derby Road, Kegworth, 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
£1,026
Based on a loan of £210,000 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