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16 Barcheston Close, Oakwood, Derby, DE21 2QG - Image 1
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16 Barcheston Close, Oakwood, Derby, DE21 2QG

East Midlands

£170,000
Listed on 01/04/2026

Property Details

Bedrooms
2
Type
Bungalow

Description

This semi-detached bungalow offers a promising investment opportunity with two bedrooms and a well-arranged layout. Situated in the sought-after suburb of Oakwood, this property features a sizable driveway and a generous rear garden, making it ideal for those looking to enhance their living space. While the interior is currently presented in clean condition, it does require modernisation to maximise its potential. There is also significant opportunity for expansion, subject to securing the necessary planning permissions. The bungalow is conveniently located just four miles from Derby city centre and benefits from excellent transport links via the A52 and M1, ensuring easy access to local amenities and recreational facilities such as Chaddesden Park.

Investment Analysis

(DE21 area)
Area Average
£261/sq ft
Avg Rent (weekly)
£207
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
55
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (DE21)

Area prices are rising by +2.7% over the last 12 months
3 year growth: +5.1%
5 year growth: +14.1%
Investment Disclaimer: Analysis based on DE21 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

16 Barcheston Close, Oakwood, Derby, DE21 2QG
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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
£602
Based on a loan of £127,500 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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