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Derwent Avenue, Milford, Belper

East Midlands

£270,000
Listed on 06/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
864 sqft

Description

This three-bedroom semi-detached house presents a remarkable opportunity for renovation enthusiasts, set on a spacious corner plot in a desirable village of the East Midlands. Surrounded by scenic countryside views, the property is ideally suited for those looking to create their dream home or make an investment. The layout includes two reception rooms, a kitchen, and three bedrooms, along with a bathroom and entrance hallway. Externally, there’s ample off-road parking with a driveway and garage, plus a generous rear garden that offers significant landscaping possibilities. While the property requires comprehensive refurbishment throughout, it holds great potential to be transformed into an attractive residence that capitalizes on its beautiful setting.

Investment Analysis

(DE56 area)

Above Market Value

This property is priced +5.7% above area average per sq ft

+5.7%
This Property
£313/sq ft
Area Average
£296/sq ft
Avg Rent (weekly)
£231
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£280,986
10% above area average per sq ft
Potential ROI
-14.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
62%
Properties sold annually

Local Market Trend (DE56)

Area prices are stable by -1.0% over the last 12 months
3 year growth: -3.0%
5 year growth: +14.9%
Investment Disclaimer: Analysis based on DE56 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

Derwent Avenue, Milford, Belper
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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
£974
Based on a loan of £202,500 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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