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The Woodlands, Melbourne, Derby

East Midlands

£425,000
Listed on 29/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1090 sqft

Description

This spacious four-bedroom detached family residence is situated on a desirable corner plot, offering significant potential for expansion (subject to the necessary planning permissions). The property features off-road parking at both the front and rear, as well as a double garage, making it an appealing prospect for those looking to enhance their investment. The accommodation comprises an entrance hall, lounge with French doors leading to the garden, breakfast kitchen, four generous bedrooms, and a family bathroom. Notably, there is a side garden area that extends along the perimeter of the home, providing ample opportunity for further development tailored to personal needs. The property's exterior includes attractive landscaping with beech hedging and established shrubs, while the rear garden offers privacy and space for outdoor activities. Additionally, solar panels are installed on the roof to assist in energy efficiency. This home represents a solid opportunity for buyers keen on renovation or expansion in an established neighborhood.

Investment Analysis

(DE73 area)

Above Market Value

This property is priced +30.0% above area average per sq ft

+30.0%
This Property
£390/sq ft
Area Average
£300/sq ft
Avg Rent (weekly)
£235
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£359,700
10% above area average per sq ft
Potential ROI
-22.6%
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
79%
Properties sold annually

Local Market Trend (DE73)

Area prices are stable by +0.3% over the last 12 months
3 year growth: 0.5%
5 year growth: 13.7%
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 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,557
Based on a loan of £318,750 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