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Eaton Avenue, Allestree, Derby, Derbyshire, DE22

East Midlands

£375,000
Listed on 24/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1069 sqft

Description

Nestled in a tranquil cul-de-sac in the desirable suburb of Allestree, this detached bungalow offers an exceptional opportunity for those looking to invest in a home with considerable renovation potential. The property is presented with no upward chain, allowing for a smooth transition into what could become a bespoke living space tailored to your individual tastes and requirements. Allestree is known for its excellent local amenities, reputable schools, and convenient access to Derby city centre, alongside nearby green spaces perfect for leisurely walks. The bungalow sits on a sizable plot and features generous accommodation throughout, including a welcoming hallway that leads to a bay-fronted sitting room equipped with a fireplace and original parquet flooring. It includes a kitchen with pantry space, three bedrooms—two fitted with wardrobes—and a bathroom containing a classic three-piece suite. The property boasts a gated driveway providing ample off-street parking, which extends through double gates to additional hardstanding and garage space. A sizeable rear garden primarily laid to lawn includes mature trees and planting, presenting possibilities for landscaping or further development (subject to planning permissions). This property serves as an ideal canvas for modernisation or complete redesign, enabling future owners to create their optimal home environment. Viewing is strongly encouraged to fully appreciate the space and potential available.

Investment Analysis

(DE22 area)

Above Market Value

This property is priced +37.5% above area average per sq ft

+37.5%
This Property
£351/sq ft
Area Average
£255/sq ft
Avg Rent (weekly)
£192
Avg Yield
3.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£300,090
10% above area average per sq ft
Potential ROI
-34.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
59%
Properties sold annually

Local Market Trend (DE22)

Area prices are rising by +7.2% over the last 12 months
3 year growth: +14.2%
5 year growth: +30.4%
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

Eaton Avenue, Allestree, Derby, Derbyshire, DE22
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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
£1,352
Based on a loan of £281,250 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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