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Devonshire Avenue, DERBY, Derbyshire, DE72

East Midlands

£150,000
Listed on 24/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1084 sqft

Description

Located in the sought-after residential area of Borrowash, this three-bedroom semi-detached home presents an excellent prospect for those eager to invest in a renovation project. The property is in need of comprehensive updates, providing an opportunity to modernize and significantly increase its value. The layout includes a spacious lounge and a separate dining room on the ground floor, along with a kitchen that can be redesigned to better suit contemporary living needs. Upstairs, you will find two generously sized double bedrooms, a single bedroom, and a family bathroom. Externally, the property boasts a sizable private garden at the rear, perfect for landscaping or potential expansion (subject to obtaining the necessary permissions), as well as off-road parking available at the front. This home’s convenient location near local amenities, schools, and transport links makes it appealing for families and investors alike. Viewing is advised to fully appreciate the potential this property holds.

Investment Analysis

(DE72 area)

Below Market Value

This property is priced -52.9% below area average per sq ft

-52.9%
Potential saving
This Property
£138/sq ft
Area Average
£294/sq ft
Avg Rent (weekly)
£243
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£350,268
10% above area average per sq ft
Potential ROI
+84.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
73%
Properties sold annually

Local Market Trend (DE72)

Area prices are stable by -1.1% over the last 12 months
3 year growth: -6.0%
5 year growth: +8.1%
Investment Disclaimer: Analysis based on DE72 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

Devonshire Avenue, DERBY, Derbyshire, DE72
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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
£541
Based on a loan of £112,500 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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