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Merlin Way, Mickleover, Derby

East Midlands

£325,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
861 sqft

Description

This modern three-bedroom end mews home is situated on a generous corner plot in the desirable Mickleover Country Park, offering a unique investment opportunity with potential for further enhancement. The property features an appealing facade with attractive views over Pastures Golf Course, setting a pleasant backdrop for potential upgrades. Internally, the layout comprises an open storm porch leading into a welcoming hallway complete with a cloakroom/wc, alongside a stylish lounge featuring an elegant fireplace and bright dining kitchen. The kitchen boasts contemporary high-gloss units paired with granite work surfaces and premium integrated appliances. On the first floor, three well-sized bedrooms are complemented by a four-piece family bathroom and an en-suite to the primary bedroom. The exterior includes lush gardens on both the front and side, presenting excellent possibilities for expansion (subject to necessary planning approvals). Additionally, there’s ample off-road parking available and a detached garage positioned at the rear of the property. With easy access to local amenities and transport links, this home not only offers comfort but also serves as a platform for further development and personalization.

Investment Analysis

(DE3 area)

Above Market Value

This property is priced +28.0% above area average per sq ft

+28.0%
This Property
£377/sq ft
Area Average
£295/sq ft
Avg Rent (weekly)
£285
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£279,300
10% above area average per sq ft
Potential ROI
-23.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Merlin Way, 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
£1,191
Based on a loan of £243,750 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