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Lochinvar Close, Spondon, Derby, DE21 - Image 1
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Lochinvar Close, Spondon, Derby, DE21

East Midlands

£230,000
Listed on 06/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached home, extending from its original layout, is situated on a generous corner plot in a tranquil cul-de-sac of East Midlands. With stunning views of the surrounding countryside, this property offers significant renovation potential, making it an ideal investment for those looking to create a tailored family residence. The interior features an entrance hallway leading into a lounge and dining area complemented by double-glazed bay windows and access to the extended kitchen/breakfast room. Upstairs, the landing connects to three bedrooms and a family bathroom, all of which could benefit from modernisation. Externally, low-maintenance landscaped gardens surround the home with ample driveway parking in addition to potential side extension possibilities (subject to planning approval). This property is perfectly suited for first-time buyers or those seeking a project to enhance their living space.

Investment Analysis

(DE21 area)
Area Average
£261/sq ft
Avg Rent (weekly)
£219
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Lochinvar Close, Spondon, Derby, DE21
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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
£830
Based on a loan of £172,500 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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