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Burnside Drive, Spondon, Derby

East Midlands

£250,000
Listed on 20/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This semi-detached, three-bedroom property in the established village of Spondon presents an appealing opportunity for those interested in renovation and investment. The home is offered with no onward chain, allowing for a straightforward purchase process. The layout includes a welcoming entrance hallway that leads into a spacious lounge and a separate dining room, providing ample living space. The kitchen, while functional, could benefit from modernization to enhance its appeal. The first floor accommodates three bedrooms, each with unique features such as fitted wardrobes and bay windows, plus a family bathroom that could be updated to reflect modern standards. Outside, the property boasts a driveway for off-road parking and a garage. The generous rear garden offers significant potential for extension or landscaping, making it an ideal setting for outdoor activities or future projects. Located in a well-established residential area, this home is close to local shops, schools, parks, and excellent transport links. This convenient location combined with the home’s renovation potential makes it attractive to both first-time buyers looking to create their dream home and investors seeking to add value through refurbishment.

Investment Analysis

(DE21 area)
Area Average
£258/sq ft
Avg Rent (weekly)
£229
Avg Yield
5.2%

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
47
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (DE21)

Area prices are rising by +3.5% over the last 12 months
3 year growth: 3.7%
5 year growth: 17.7%
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

Burnside Drive, Spondon, 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
£916
Based on a loan of £187,500 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