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Hillside Road, Spondon, Derby

East Midlands

£260,000
Listed on 31/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
755 sqft

Description

This three-bedroom detached home presents a noteworthy opportunity for those seeking to make their mark in the desirable area of Spondon. The property is free from any upward chain, making it a convenient choice for families or first-time buyers eager to invest in a home with significant potential. Upon entering, you are greeted by a spacious hallway that leads into a well-arranged living area, featuring a comfortable lounge perfect for relaxation or social gatherings. Adjacent is a separate dining area that enhances the versatility of the ground floor layout. The kitchen, equipped with ample storage and workspace, boasts views of the private rear garden and offers considerable scope for modernization or reconfiguration catering to personal preferences. On the upper level, you will find two generously sized double bedrooms alongside a smaller single bedroom, each benefiting from natural light and access to a family bathroom complete with essential fixtures. Outside, the property features off-road parking on the driveway and a private rear garden which is an excellent blank canvas for outdoor entertainment enhancements. Situated near local amenities and transport links, this property combines practicality with promising long-term investment potential. Given its scope for improvement and personal touch, early viewing is encouraged to fully appreciate what this home can become.

Investment Analysis

(DE21 area)

Above Market Value

This property is priced +32.1% above area average per sq ft

+32.1%
This Property
£344/sq ft
Area Average
£261/sq ft
Avg Rent (weekly)
£219
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£216,470
10% above area average per sq ft
Potential ROI
-24.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
50
Average per month
Market Turnover
122%
Properties sold annually

Local Market Trend (DE21)

Area prices are rising by +2.7% over the last 12 months
3 year growth: +3.3%
5 year growth: +16.1%
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

Hillside Road, Spondon, 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
£938
Based on a loan of £195,000 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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