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Portreath Drive, Allestree, Derby

East Midlands

£275,000
Listed on 28/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
929 sqft

Description

This semi-detached house on Portreath Drive presents a promising opportunity for families and investors alike. With no chain involved, the acquisition process is streamlined for quick ownership. The property boasts significant potential for extension, subject to securing planning permission, offering you the chance to customize the living space to your taste. Located in the desirable suburb of Allestree, just a short distance from Derby city centre, this home provides convenient access to local amenities including shops and schools, as well as recreational facilities such as parks and sports clubs. The versatile layout includes three bedrooms and well-defined living spaces that can benefit from updating and modernization. The lounge features an attractive fireplace, while the dining room has the option to be opened up into the kitchen for an open-plan design. Externally, there’s ample off-road parking with a side driveway leading to a detached garage and a private rear garden that could be transformed into an outdoor sanctuary. This property invites creativity and vision for renovation in order to maximize its full potential.

Investment Analysis

(DE22 area)

Above Market Value

This property is priced +18.5% above area average per sq ft

+18.5%
This Property
£296/sq ft
Area Average
£250/sq ft
Avg Rent (weekly)
£194
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£255,271
10% above area average per sq ft
Potential ROI
-17.7%
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

Portreath Drive, Allestree, Derby
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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
£992
Based on a loan of £206,250 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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