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The Green, Allestree, Derby

East Midlands

£379,950
Listed on 29/03/2026

Property Details

Bedrooms
4
Type
Detached
Area
1353 sqft

Description

This four-bedroom detached home presents an excellent opportunity for buyers looking to invest in a property with significant extension and renovation potential. Located in the desirable area of Allestree, the home is a short stroll from essential amenities at Park Farm Shopping Centre as well as local primary and secondary schools, making it ideal for families. Nearby parks enhance the appeal, providing ample outdoor space for leisure activities. The property features a generous entrance hall leading to a versatile playroom, perfect for adaptation into an office or additional living space. The spacious lounge benefits from natural light through its double glazed sliding doors that open to the garden. The kitchen diner is equipped with necessary appliances but could see modern upgrades to maximize efficiency and style. Additional conveniences include a utility room and a shower room on the ground floor. The first floor houses four well-sized bedrooms, each offering various built-in storage solutions but ready for personal touch-ups or complete redesigns to suit contemporary tastes. The rear garden boasts a manageable layout with artificial turf and an Indian stone paved patio; however, there is potential to enhance this space further as per your vision. A sizeable driveway accommodates multiple vehicles and includes an electric charging point, while the detached garage offers additional storage or work space opportunities. With no chain involved and set in a sought-after location close to transport links into Derby City centre, this property invites visionary homeowners or investors keen on creating their ideal living environment.

Investment Analysis

(DE22 area)

Above Market Value

This property is priced +12.4% above area average per sq ft

+12.4%
This Property
£281/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
£371,777
10% above area average per sq ft
Potential ROI
-13.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

The Green, 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
£1,370
Based on a loan of £284,962 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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