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Arnhem Terrace, Spondon, DERBY

East Midlands

£220,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
996 sqft

Description

This three-bedroom semi-detached property presents a great opportunity for those looking to invest in their future. Situated in a desirable area, the home boasts spacious gardens and a functional layout that can be tailored to your preferences. The bright lounge flows into an open kitchen and dining area, which provides direct access to an outbuilding currently utilized as a utility space. There is significant potential for modernization or reconfiguration to suit modern living standards. The first floor accommodates three cozy bedrooms, including two sizeable doubles and a single, alongside a family bathroom featuring essential amenities. Notably, the expansive front and rear gardens offer ample outdoor space and possibilities for further development (subject to planning permissions). Conveniently located near local shops, schools, parks, and transport links, this property combines practicality with considerable renovation potential. Ideal for families or first-time buyers eager to create their dream home.

Investment Analysis

(DE21 area)

Below Market Value

This property is priced -14.3% below area average per sq ft

-14.3%
Potential saving
This Property
£221/sq ft
Area Average
£258/sq ft
Avg Rent (weekly)
£229
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£282,500
10% above area average per sq ft
Potential ROI
+8.7%
After renovation
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

Arnhem Terrace, 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
£806
Based on a loan of £165,000 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