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Kirkleys Avenue South, Spondon, Derby - Image 1
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Kirkleys Avenue South, Spondon, Derby

East Midlands

£185,000
Listed on 17/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached home is situated on a tranquil residential street in the sought-after village of Spondon, presenting an attractive prospect for renovation and investment. With a spacious layout, the property is ideal for families or first-time buyers eager to create their dream home. The welcoming entrance leads into a bright lounge, enriched by natural light from both front and rear windows. The kitchen/dining area features practical wall and base units with ample worktop space, as well as direct access to the side garden through a UPVC door. Completing the ground floor is a family bathroom equipped with essential amenities. Upstairs, you'll find three well-sized bedrooms, offering flexibility for various uses including potential office space or guest accommodation. One of the standout features is the generous rear garden, which provides excellent privacy and presents considerable opportunities for expansion—whether it's extending the living space or creating off-road parking (pending necessary planning permissions). Located conveniently near local amenities, reputable schools, and transport links to Derby City Centre, this property holds significant potential for those willing to invest in its refurbishment. Overall, it represents an exciting chance to enhance its value while tailoring it to your specifications.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
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

Kirkleys Avenue South, 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
£678
Based on a loan of £138,750 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