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Priorway Avenue, Borrowash

East Midlands

£160,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
829 sqft

Description

This three-bedroom end-of-terrace house, situated on a generous corner plot in the desirable village of Borrowash, presents an exciting chance for renovation enthusiasts and investors. With the possibility of extending the property (pending planning approval), it offers ample scope to enhance living space and overall value. The interior features a welcoming entrance hall, a spacious lounge for relaxation, and a fitted kitchen/diner perfect for family gatherings. Upstairs, you'll find two well-sized double bedrooms alongside a single bedroom and a family bathroom. Outside, the property boasts substantial frontage with off-road parking, alongside a side garden that invites landscaping opportunities or potential development. To the rear, there is a patio area, ideal for outdoor enjoyment. Located conveniently near local amenities, schools, and transport links with good road access to Derby and Nottingham, this home combines potential with practicality. Viewing is recommended to fully appreciate its possibilities.

Investment Analysis

(DE72 area)

Below Market Value

This property is priced -33.0% below area average per sq ft

-33.0%
Potential saving
This Property
£193/sq ft
Area Average
£288/sq ft
Avg Rent (weekly)
£256
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£262,855
10% above area average per sq ft
Potential ROI
+42.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (DE72)

Area prices are rising by +4.5% over the last 12 months
3 year growth: -1.7%
5 year growth: 11.8%
Investment Disclaimer: Analysis based on DE72 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

Priorway Avenue, Borrowash
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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
£586
Based on a loan of £120,000 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