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Warwick House, Derby Road, Melbourne, DE73 8FE - Image 1
Warwick House, Derby Road, Melbourne, DE73 8FE - Image 2
Warwick House, Derby Road, Melbourne, DE73 8FE - Image 3

Warwick House, Derby Road, Melbourne, DE73 8FE

East Midlands

£750,000

Listed on 09/08/2026

The listing

Property details

Bedrooms
4
Type
Detached
Area
2084 sqft

Features

  • Garage
  • Garden
  • Parking

Description

A substantial early nineteenth-century period house in central Melbourne, with a separate one-bedroom annexe and a rear area offering further possibilities subject to the required permissions. The main house has two reception rooms, a kitchen/breakfast room, three bedrooms, storage and a utility space. Period details are retained alongside later alterations and improvements. The annexe has its own kitchen/diner, lounge, double bedroom and shower room, and is described as having independent heating. Outside, wrought-iron gates and fencing enclose the frontage. Side gates lead to rear parking for up to five vehicles, two garages, an outside store and a separate garden area. The listing also identifies land with access from South Street, which may offer scope for additional parking or a separate dwelling, subject to planning approval. The freehold property is in Melbourne, within walking distance of local shops, cafés, pubs and other amenities. The listing notes access to Derby, Nottingham and Leicester, as well as the A50, M1 and East Midlands Airport. The house and annexe provide a range of accommodation, while the potential use of the additional land would need to be investigated and verified.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

41out of 100
Grade ELow opportunity

Confidence: MEDIUM

Warwick House has plenty to work with: a distinctive period exterior, spacious reception rooms, fireplaces and timber details, plus a self-contained annexe and a maintained garden with parking and garages. The interiors look clean and liveable, with a light cosmetic refresh—particularly to the traditional kitchen and decorative finishes—offering scope to update the feel while retaining the character.

Worth weighing the all-in picture: the quoted refurb range (£11,500) on top of the asking price brings all-in exposure close to £761,500, about 16% ahead of typical local benchmarks for this size. So the headline score reflects limited headroom, not a judgement on the house as a project.

Key opportunities

  • Refresh the traditional kitchen and older decorative finishes while preserving the period fireplaces, timber floors and other original details.
  • Make use of the self-contained annexe, which has its own independent heating system.
  • Explore the separately accessed land for additional parking or a possible separate dwelling, subject to planning permission.

Key risks

  • At the asking price, even the light refurb budget leaves the purchase-plus-works cost well above the local floor-area benchmark, limiting the apparent value opportunity.

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Map

Location

Warwick House, Derby Road, Melbourne, DE73 8FE
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,833
Based on a loan of £562,500 over 30 years at 4.45% 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.

Tax

Stamp duty calculator

Indicative tax based on the asking price and the options you select.

Pricing

Price history

-14.3% since listed
£750,000£49,950(-6.2%)
20/10/2026
Current price
£799,950£25,050(-3.0%)
07/08/2026
£825,000£50,000(-5.7%)
23/04/2026
£875,000Initial listing
14/03/2026

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