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South Avenue, Darley Abbey, DE22

East Midlands

£495,000
Listed on 19/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1136 sqft

Description

Situated at the end of a private drive in Darley Abbey, this three-bedroom detached bungalow presents a unique opportunity for renovation and investment. Set on an expansive 0.4-acre plot that borders Nut Wood, the property features a large, mature garden that could be enhanced to create an even more inviting outdoor space or potentially developed further (subject to planning permissions). The grounds provide excellent privacy and could serve as a tranquil retreat or venue for outdoor gatherings. Inside, the bungalow offers well-proportioned living areas, including a spacious lounge with a vaulted ceiling and fireplace that adds character. A connected study and dining area boast garden access, making them perfect for entertaining. The kitchen and utility room are functional but may require modernisation to meet contemporary standards. The three bedrooms are adequately sized, with the master having fitted wardrobes and en suite access that could be revitalised with thoughtful updates. Additional features include a detached double garage and ample parking space. Located near highly regarded schools and within walking distance to the scenic Darley Park, this property combines the charm of countryside living with easy access to local amenities. Its potential for renovation makes it especially appealing for those looking to invest in a home capable of being tailored to individual tastes while enhancing its value over time.

Investment Analysis

(DE22 area)

Above Market Value

This property is priced +74.4% above area average per sq ft

+74.4%
This Property
£436/sq ft
Area Average
£250/sq ft
Avg Rent (weekly)
£194
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£312,150
10% above area average per sq ft
Potential ROI
-41.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (DE22)

Area prices are rising by +3.1% over the last 12 months
3 year growth: +11.6%
5 year growth: +23.2%
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

South Avenue, Darley Abbey, DE22
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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
£1,785
Based on a loan of £371,250 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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