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Buxton Drive, Mickleover, Derby

East Midlands

£270,000
Listed on 01/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
994 sqft

Description

This three-bedroom semi-detached home in a desirable area of Mickleover presents an excellent opportunity for renovation and investment. The property features a spacious through lounge/dining room that allows for flexible living arrangements, along with a fitted kitchen offering direct access to the sizeable rear garden. An integral garage provides additional storage options or the potential for conversion into further living space, pending necessary permissions. The first floor comprises three well-sized bedrooms, including two generous doubles, accompanied by a modern family bathroom. The layout benefits from good natural light throughout, but some updates could enhance its appeal even further. Externally, the property is complemented by driveway parking and an impressive rear garden with ample space for outdoor activities and entertaining. This solid family home is situated close to local amenities and good schools, making it ideal for those looking to invest in a property with great prospect for enhancement in one of Derby's most sought-after neighbourhoods.

Investment Analysis

(DE3 area)

Below Market Value

This property is priced -9.3% below area average per sq ft

-9.3%
Potential saving
This Property
£272/sq ft
Area Average
£299/sq ft
Avg Rent (weekly)
£287
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£18,000 - £25,000
Target Value
£327,364
10% above area average per sq ft
Potential ROI
+11.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (DE3)

Area prices are stable by -0.8% over the last 12 months
3 year growth: +1.7%
5 year growth: +14.4%
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

Buxton Drive, Mickleover, Derby
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£956
Based on a loan of £202,500 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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