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Brisbane Road, Mickleover, Derby

East Midlands

£220,000
Listed on 20/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
912 sqft

Description

This semi-detached three-bedroom house presents a prime opportunity for renovation in the sought-after Mickleover area of Derby. Spanning approximately 85 square metres (912 square feet), the property features two reception rooms, a driveway, a garage, and low-maintenance gardens, making it ideal for various buyers including first-time homeowners and investors looking to add value through modernization. The layout is functional with an entrance porch leading into a hallway, a lounge that opens into the dining room, and a kitchen with potential for upgrade. The accommodation includes three spacious double bedrooms—an asset not commonly found in similar properties—and a recently refitted wet room. Outside, the gardens require minimal upkeep while providing space for outdoor relaxation. This home is set within a well-regarded residential community with strong transport links and local amenities nearby. With thoughtful updates and enhancements, this property could become an excellent family home or investment rental.

Investment Analysis

(DE3 area)

Below Market Value

This property is priced -19.3% below area average per sq ft

-19.3%
Potential saving
This Property
£241/sq ft
Area Average
£299/sq ft
Avg Rent (weekly)
£288
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£299,706
10% above area average per sq ft
Potential ROI
+17.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
91%
Properties sold annually

Local Market Trend (DE3)

Area prices are stable by -0.1% over the last 12 months
3 year growth: +1.4%
5 year growth: +16.9%
Investment Disclaimer: Analysis based on DE3 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

Brisbane Road, Mickleover, 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
£793
Based on a loan of £165,000 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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