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23 Welwyn Avenue, Allestree, Derby, Derbyshire DE22 2JR - Image 1
23 Welwyn Avenue, Allestree, Derby, Derbyshire DE22 2JR - Image 2
23 Welwyn Avenue, Allestree, Derby, Derbyshire DE22 2JR - Image 3
23 Welwyn Avenue, Allestree, Derby, Derbyshire DE22 2JR - Image 4
23 Welwyn Avenue, Allestree, Derby, Derbyshire DE22 2JR - Image 5
23 Welwyn Avenue, Allestree, Derby, Derbyshire DE22 2JR - Image 6
23 Welwyn Avenue, Allestree, Derby, Derbyshire DE22 2JR - Image 7

23 Welwyn Avenue, Allestree, Derby, Derbyshire DE22 2JR

East Midlands

£215,000
Listed on 13/02/2026

Property Details

Bedrooms
2
Type
Bungalow

Description

Situated in a tranquil cul-de-sac, this double fronted detached bungalow presents an excellent opportunity for renovation and investment. The property, which is offered with vacant possession, requires a thorough modernization to unlock its full potential. Inside, the well-proportioned living space includes an entrance hall leading to a rear sitting room, a fitted kitchen with an adjoining side porch and store room, two bedrooms, and a shower room. An inner hall provides access to another versatile room that was once a garage. Additionally, the loft features two rooms—ideal for conversion—complete with an en-suite bathroom. The exterior boasts full-width block paving at the front and a driveway along the side for parking convenience. The rear garden is generously sized but currently overgrown, offering ample scope for landscaping and gardening projects. This property is located in the desirable suburb of Allestree, known for its strong educational institutions and proximity to local amenities including shopping centers and recreational facilities. With easy access to Derby city center and major road links like the A38, this bungalow stands as a promising project for those looking to create a personalized living space or secure a valuable investment.

Investment Analysis

(DE22 area)
Area Average
£250/sq ft
Avg Rent (weekly)
£194
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (DE22)

Area prices are rising by +3.1% over the last 12 months
3 year growth: +11.6%
5 year growth: +23.2%
Investment Disclaimer: Analysis based on DE22 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

23 Welwyn Avenue, Allestree, Derby, Derbyshire DE22 2JR
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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
£775
Based on a loan of £161,250 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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