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Bembridge Drive, Alvaston, Derby

East Midlands

£145,000
Listed on 12/02/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
447 sqft

Description

This two-bedroom semi-detached bungalow presents an excellent opportunity for those looking to invest in a property with considerable renovation potential. Situated in the tranquil area of Alvaston, the bungalow features original elements that can be modernized to reflect personal tastes. The entrance leads into a spacious hallway, connecting to a bright living room adorned with a traditional fireplace, creating an inviting atmosphere. The kitchen, while functional, offers ample scope for updates and redesign. Both bedrooms are generously sized, accompanied by a family bathroom equipped with a shower cubicle, all conveniently laid out on one level. Outside, the expansive front and rear gardens include patio and lawn areas along with a shed, appealing to garden enthusiasts or those seeking additional outdoor space. With local amenities in close proximity and straightforward access to major road links and Derby city centre, this property is poised for transformation into a comfortable home or investment project for savvy buyers.

Investment Analysis

(DE24 area)

Above Market Value

This property is priced +36.8% above area average per sq ft

+36.8%
This Property
£324/sq ft
Area Average
£237/sq ft
Avg Rent (weekly)
£196
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£116,607
10% above area average per sq ft
Potential ROI
-37.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
116%
Properties sold annually

Local Market Trend (DE24)

Area prices are falling by -3.7% over the last 12 months
3 year growth: +5.9%
5 year growth: +28.6%
Investment Disclaimer: Analysis based on DE24 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

Bembridge Drive, Alvaston, 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
£523
Based on a loan of £108,750 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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