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Meadowlands, Morley Road, Oakwood, Derby

East Midlands

£500,000
Listed on 10/03/2026

Property Details

Bedrooms
4
Type
Detached house

Description

This substantial detached residence, encompassing approximately 226 square metres, is situated on a private drive shared with just one other home. Occupying a generous plot within a desirable area, this property showcases significant potential for renovation and expansion, subject to the necessary planning consents. The layout features a wide entrance hall that flows into a well-appointed kitchen and an expansive lounge dining area that seamlessly connects to a large conservatory overlooking the private rear garden. With three well-proportioned double bedrooms plus a versatile guest suite with an en-suite bathroom, this home caters to diverse living arrangements. An additional first-floor bedroom and shower room can serve as further accommodations or an ideal space for guests. Outdoors, the mature garden offers ample parking and access to a garage. This property not only provides immediate comfort but also allows for extensive improvements or extensions to enhance its value in this sought-after locality.

Investment Analysis

(DE21 area)
Area Average
£262/sq ft
Avg Rent (weekly)
£221
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
61
Average per month
Market Turnover
143%
Properties sold annually

Local Market Trend (DE21)

Area prices are rising by +3.9% over the last 12 months
3 year growth: +4.8%
5 year growth: +16.0%
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

Meadowlands, Morley Road, Oakwood, Derby
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,803
Based on a loan of £375,000 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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