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Rochester Close, Alvaston, Derby

East Midlands

£150,000
Listed on 06/03/2026

Property Details

Bedrooms
3
Type
Terraced
Area
882 sqft

Description

This three-bedroom mid-terraced property in Alvaston presents a noteworthy opportunity for renovation and investment. Featuring a spacious layout, the ground floor includes a bright lounge complete with a fireplace, and a functional kitchen-diner that leads out to the rear garden. The upper level hosts three well-proportioned bedrooms and a family bathroom, as well as an additional separate toilet. While the home is generally well-maintained, it would benefit from some modernization and personal touches to maximize its potential. The generously sized rear garden, equipped with patio space and flower beds, offers further possibilities for outdoor enhancements. Located in a desirable area with convenient access to local amenities and Derby city centre, this property is ideal for first-time buyers or investors looking to add value through refurbishment.

Investment Analysis

(DE24 area)

Below Market Value

This property is priced -29.1% below area average per sq ft

-29.1%
Potential saving
This Property
£170/sq ft
Area Average
£240/sq ft
Avg Rent (weekly)
£197
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£232,848
10% above area average per sq ft
Potential ROI
+33.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
55
Average per month
Market Turnover
116%
Properties sold annually

Local Market Trend (DE24)

Area prices are falling by -4.4% over the last 12 months
3 year growth: +5.5%
5 year growth: +26.6%
Investment Disclaimer: Analysis based on DE24 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

Rochester Close, Alvaston, Derby
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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
£541
Based on a loan of £112,500 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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