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23 Welwyn Avenue, Allestree, Derby DE22 2JR - Image 1
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23 Welwyn Avenue, Allestree, Derby DE22 2JR - Image 3
23 Welwyn Avenue, Allestree, Derby DE22 2JR - Image 4
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23 Welwyn Avenue, Allestree, Derby DE22 2JR - Image 6
23 Welwyn Avenue, Allestree, Derby DE22 2JR - Image 7

23 Welwyn Avenue, Allestree, Derby DE22 2JR

East Midlands

£215,000
Listed on 13/02/2026

Property Details

Bedrooms
2
Type
Bungalow

Description

This double fronted detached bungalow, located in a tranquil cul-de-sac, presents a valuable opportunity for discerning investors or homeowners looking to create their ideal space. The property requires a significant renovation effort, allowing for personalization and modernization throughout. It features a flexible layout with an entrance hall leading into a rear sitting room, kitchen, and two bedrooms. Additionally, the inner hall accesses a former garage space that could be repurposed for extra living area or storage. The loft is partially converted with two rooms and an en-suite bathroom, providing further expansion potential. Outside, the overgrown garden offers ample space for development or landscaping to enhance outdoor living. Positioned within the sought-after suburb of Allestree, this property is conveniently close to schools and local amenities while being easily accessible to Derby city centre.

Investment Analysis

(DE22 area)
Area Average
£250/sq ft
Avg Rent (weekly)
£192
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
59
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (DE22)

Area prices are stable by +1.8% over the last 12 months
3 year growth: +11.8%
5 year growth: +22.2%
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

23 Welwyn Avenue, Allestree, Derby DE22 2JR
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£761
Based on a loan of £161,250 over 30 years at 3.91% 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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