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Willowcroft Road, Spondon, DE21 - Image 1
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Willowcroft Road, Spondon, DE21

East Midlands

£215,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
936 sqft

Description

This semi-detached residence, while already appealing, has considerable renovation and investment potential that can be unlocked. Set in the tranquil suburb of Spondon, the property boasts an open-plan kitchen and a separate lounge that seamlessly connects to a beautifully landscaped rear garden. The interior features three well-sized bedrooms including a master suite with en-suite bathroom, alongside a convenient downstairs bathroom. This home includes gas central heating and UPVC double glazing, providing a solid foundation for any updates you may wish to make. The outdoor space is a notable highlight, featuring off-street parking at the front and an expansive mature garden at the back. There is also clear potential for further extensions or modifications (subject to planning permission), making it an excellent opportunity for buyers looking to increase property value over time. The location offers access to local amenities, schools, parks, and transport links, ensuring lifestyle convenience while maintaining a serene residential atmosphere. This property stands as both a comfortable dwelling and a promising investment opportunity for future development.

Investment Analysis

(DE21 area)

Below Market Value

This property is priced -10.9% below area average per sq ft

-10.9%
Potential saving
This Property
£230/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
£265,482
10% above area average per sq ft
Potential ROI
+4.1%
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

Willowcroft Road, Spondon, DE21
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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
£788
Based on a loan of £161,250 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