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Derwent Avenue, Allestree, Derby

East Midlands

£425,000
Listed on 19/03/2026

Property Details

Bedrooms
3
Type
Detached
Area
1536 sqft

Description

This charming three-bedroom detached house offers a blend of vintage character and modern potential, located within the desirable Ecclesbourne School catchment area. Originally constructed in the 1930s and known as Avranches, the home has seen thoughtful updates, including a new roof and central heating system, while still preserving many original details that enhance its charm. The spacious layout is complemented by ample outdoor space, featuring a generously sized rear garden ideal for family gatherings and potential for further extension, subject to planning approval. Nestled close to picturesque Allestree Park—a hub of recreation and the UK's largest urban rewilding project—this property provides an excellent opportunity for families looking for convenience with local amenities like shops, cafes, and schools within easy reach. The generous plot includes parking for up to three vehicles and an insulated garage that could serve multiple functions or be converted to additional living space. The interior boasts high ceilings and extensive period features throughout, presenting a canvas ready for personalization. Notably, the loft space currently offers useful storage but has scope for conversion into extra accommodation down the line. This property stands out not only for its historical significance but also for its investment potential in a thriving community.

Investment Analysis

(DE22 area)

Above Market Value

This property is priced +10.8% above area average per sq ft

+10.8%
This Property
£277/sq ft
Area Average
£250/sq ft
Avg Rent (weekly)
£194
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£422,062
10% above area average per sq ft
Potential ROI
-11.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (DE22)

Area prices are rising by +3.1% over the last 12 months
3 year growth: +11.6%
5 year growth: +23.2%
Investment Disclaimer: Analysis based on DE22 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

Derwent Avenue, Allestree, 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
£1,533
Based on a loan of £318,750 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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