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Derby Road, Lower Kilburn, Belper

East Midlands

£240,000
Listed on 10/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
950 sqft

Description

This three-bedroom semi-detached house is set on a spacious plot in the sought-after village of Lower Kilburn, providing excellent potential for renovation and investment. It features a substantial driveway with ample parking, a detached garage, and a generous rear garden that enjoys lovely open views. Although the property requires modernization throughout, it offers well-sized rooms and the opportunity to create a personalized family home. Inside, the entrance hallway welcomes you to a bright lounge with a bay window at the front, while the dining room at the rear looks out onto the garden—ideal for entertaining or family gatherings. The kitchen offers direct access to outside space and presents possibilities for reconfiguration or even an extension (subject to planning permission). The first floor hosts three bedrooms, including two doubles and a single that could serve as a nursery or home office. A family bathroom completes this level. With solid proportions and a desirable location, this property represents an excellent chance for buyers wanting to add value through thoughtful renovations.

Investment Analysis

(DE56 area)

Below Market Value

This property is priced -14.4% below area average per sq ft

-14.4%
Potential saving
This Property
£253/sq ft
Area Average
£295/sq ft
Avg Rent (weekly)
£225
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£308,484
10% above area average per sq ft
Potential ROI
+8.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
62%
Properties sold annually

Local Market Trend (DE56)

Area prices are stable by -2.0% over the last 12 months
3 year growth: -3.8%
5 year growth: +10.0%
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

Derby Road, Lower Kilburn, 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
£866
Based on a loan of £180,000 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.

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