Worst House on the Street Logo
South Avenue, Spondon - Image 1
South Avenue, Spondon - Image 2
South Avenue, Spondon - Image 3
South Avenue, Spondon - Image 4
South Avenue, Spondon - Image 5
South Avenue, Spondon - Image 6
South Avenue, Spondon - Image 7
South Avenue, Spondon - Image 8
South Avenue, Spondon - Image 9
South Avenue, Spondon - Image 10
South Avenue, Spondon - Image 11

South Avenue, Spondon

East Midlands

£200,000
Listed on 26/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
700 sqft

Description

This traditional semi-detached property, characterized by its charming bay window, presents a valuable opportunity for renovation enthusiasts or first-time buyers looking to make their mark. Although the home requires modern updates throughout, it boasts a solid layout featuring two well-proportioned reception rooms and a conservatory with an inviting glass roof that brings in ample natural light. The inclusion of a contemporary shower room is a notable advantage, while the potential to add off-road parking at the front could further enhance its appeal (subject to permission). The internal configuration offers three bedrooms on the upper level (two of which are doubles), making it ideal for families needing space. With double glazing installed and security features in place, this home has a good foundation. Externally, the property benefits from mature gardens at both the front and rear, providing scope for landscaping or outdoor enhancements. Located conveniently near Spondon village and with excellent transport links to Derby City Centre and beyond, this residence represents an excellent canvas for those looking to invest in property with significant potential for improvement.

Investment Analysis

(DE21 area)

Above Market Value

This property is priced +9.6% above area average per sq ft

+9.6%
This Property
£286/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
£200,700
10% above area average per sq ft
Potential ROI
-10.8%
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

South Avenue, Spondon
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£721
Based on a loan of £150,000 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates