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Portreath Drive, Allestree, Derby

East Midlands

£275,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
929 sqft

Description

This semi-detached house offers a compelling opportunity for those seeking to personalize their ideal family home. With the possibility for extensions, pending necessary planning approvals, there's ample scope to create additional living space to suit your lifestyle. Located in the well-regarded suburb of Allestree, just three miles from Derby city centre, you'll find yourself within easy reach of essential amenities including local shops and excellent schools. The surrounding area boasts recreational facilities like parks and tennis clubs, along with convenient transport links to major routes such as the A6 and M1. The property comprises a lounge with a feature fireplace, a dining area that could be opened up to the kitchen for modern open-plan living, and three comfortable bedrooms on the first floor. The existing layout allows for creative alterations that can enhance both functionality and value. The detached garage and off-road parking further add to this property's appeal. Overall, it’s a solid investment for buyers looking to create a bespoke home.

Investment Analysis

(DE22 area)

Above Market Value

This property is priced +16.3% above area average per sq ft

+16.3%
This Property
£296/sq ft
Area Average
£254/sq ft
Avg Rent (weekly)
£186
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£260,022
10% above area average per sq ft
Potential ROI
-13.3%
After renovation
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

Portreath Drive, 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
£1,007
Based on a loan of £206,250 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE