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The Woodlands, Melbourne, Derby

East Midlands

£425,000
Listed on 18/11/2025

Property Details

Bedrooms
4
Type
Detached
Area
1090 sqft

Description

This spacious four-bedroom detached home is situated on a corner plot, providing ample light and significant potential for extension, subject to obtaining planning permission. The property features off-road parking at both the front and rear, complemented by a double garage that could be modified for various uses, such as an annexe or additional storage space. Inside, you'll find gas central heating and UPVC double glazing throughout. The layout includes an entrance hall leading to a lounge with a log-burning stove and French doors opening onto the garden, a breakfast kitchen equipped with essential appliances, and a versatile dining room that could serve multiple purposes. Upstairs are four well-sized bedrooms and a family bathroom offering adequate facilities, although some updates may be advantageous. The generous outdoor space includes a gravelled driveway, landscaped lawns, mature shrubs, and pathways leading through secure side access areas which enhance the property’s appeal for future development. This home represents an excellent investment opportunity for buyers looking to add their personal touch or expand the existing footprint.

Investment Analysis

(DE73 area)

Above Market Value

This property is priced +29.9% above area average per sq ft

+29.9%
This Property
£390/sq ft
Area Average
£300/sq ft
Avg Rent (weekly)
£253
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£359,820
10% above area average per sq ft
Potential ROI
-25.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
92%
Properties sold annually

Local Market Trend (DE73)

Area prices are stable by +0.9% over the last 12 months
3 year growth: +1.1%
5 year growth: +12.3%
Investment Disclaimer: Analysis based on DE73 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

The Woodlands, Melbourne, 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
£1,533
Based on a loan of £318,750 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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