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Lens Road, Allestree, Derby

East Midlands

£350,000
Listed on 20/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This spacious three-bedroom detached home is situated on a generous garden plot in a quiet cul-de-sac in Allestree, presenting a unique opportunity for renovation and investment. The property is located near local amenities, well-regarded schools, and the tranquil countryside, making it an attractive option for families looking to settle in a peaceful area. The interior offers a substantial layout that could benefit from modernization. The ground floor features a welcoming hallway that leads to a sizable lounge and a separate dining or reception room, which includes access to a study. The kitchen/breakfast room provides ample space for culinary ventures, while there is also a ground floor bedroom and bathroom for convenience. On the upper level, you'll find the master bedroom complete with an en-suite bathroom, along with a second guest bedroom. A large eaves storage area adds practicality to the layout. Externally, the property boasts a front driveway that accommodates multiple vehicles and accesses an attached garage. The rear garden is particularly noteworthy; it is mature and predominantly laid to lawn, providing plenty of space for potential landscaping or extension (subject to planning permission). With its ample living space and extensive outdoor area, this property holds significant potential for those interested in creating their ideal family home or making it an investment project. Early viewing is recommended to fully appreciate what this home has to offer in terms of both living space and future possibilities.

Investment Analysis

(DE22 area)
Area Average
£254/sq ft
Avg Rent (weekly)
£186
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (DE22)

Area prices are rising by +13.1% over the last 12 months
3 year growth: 15.5%
5 year growth: 33.9%
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

Lens Road, Allestree, 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
£1,282
Based on a loan of £262,500 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