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The Woodlands, Melbourne, Derby

East Midlands

£425,000
Listed on 22/11/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1090 sqft

Description

This spacious four-bedroom detached home is set on a generous corner plot, presenting ample opportunities for expansion and creative renovations, subject to obtaining the necessary planning permission. The property features off-road parking at both the front and rear, complemented by a double garage that could be converted into additional living space or an annex with the right approvals. Internally, the layout comprises an entrance hall, a cloakroom/WC, a large lounge with French doors opening onto the rear garden, a breakfast kitchen equipped with essential amenities, and versatile dining room space that can be tailored to suit various needs. Upstairs are four well-proportioned double bedrooms and a family bathroom. The outside area is equally impressive with potential for landscaping and further development, including additional garden access points from both sides of the house. Furthermore, solar panels are installed on the roof, contributing to energy efficiency. This property holds significant renovation potential and investment appeal for those looking to create their ideal family home.

Investment Analysis

(DE73 area)

Above Market Value

This property is priced +28.6% above area average per sq ft

+28.6%
This Property
£390/sq ft
Area Average
£303/sq ft
Avg Rent (weekly)
£244
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£363,417
10% above area average per sq ft
Potential ROI
-23.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (DE73)

Area prices are falling by +5.0% over the last 12 months
3 year growth: -2.8%
5 year growth: 12.1%
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.

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Location

The Woodlands, Melbourne, Derby
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