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15 The Green, Mickleover, Derby DE3 0DE - Image 1
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15 The Green, Mickleover, Derby DE3 0DE

East Midlands

£120,000
Listed on 25/01/2026

Property Details

Bedrooms
1
Type
Terraced house
Area
463 sqft

Description

Nestled in the historic conservation area of Mickleover, this Grade II Listed terraced home presents a compelling opportunity for both first-time buyers and investors. The property boasts traditional architectural features, making it a charming addition to the village's characterful streets. While currently offering a well-maintained living space with neutral decor, the home would benefit from some modernisation to unlock its full potential. The ground floor welcomes you with a cozy sitting room featuring exposed beams and a brick fireplace, flowing seamlessly into a practical kitchen that overlooks the private rear garden. Upstairs, there is a well-sized double bedroom equipped with fitted wardrobes, alongside a versatile study or nursery space complete with built-in cabinetry. The neutrally decorated bathroom completes this level. The outside space comprises an enclosed rear garden, perfect for relaxation or small-scale gardening activities. Situated conveniently near local amenities—independent shops, cafes, and schools—the property also enjoys excellent transport links via road and public transit. Given its good condition and appealing features, this home has strong rental potential in the range of approximately £900 per month, presenting an attractive investment return in the current market. Whether you're looking to create your ideal residence or seeking out a long-term investment opportunity in a sought-after area, this property is chain-free and ready for viewing.

Investment Analysis

(DE3 area)

Below Market Value

This property is priced -11.6% below area average per sq ft

-11.6%
Potential saving
This Property
£259/sq ft
Area Average
£293/sq ft
Avg Rent (weekly)
£259
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£149,250
10% above area average per sq ft
Potential ROI
+2.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
78%
Properties sold annually

Local Market Trend (DE3)

Area prices are rising by +2.7% over the last 12 months
3 year growth: +2.8%
5 year growth: +19.7%
Investment Disclaimer: Analysis based on DE3 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

15 The Green, Mickleover, Derby DE3 0DE
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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
£433
Based on a loan of £90,000 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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