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Finsbury Avenue, Mackworth, Derby

East Midlands

£190,000
Listed on 17/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
808 sqft

Description

This three-bedroom semi-detached home in the sought-after Mackworth area of Derby presents an excellent opportunity for those looking to invest in a property with renovation potential. Nestled on a peaceful residential street, the house is well-proportioned and benefits from a spacious rear garden that is ripe for landscaping and enhancement. While the property has been maintained over the years, there is significant scope for modern updates to align it with contemporary living standards. The layout includes a welcoming entrance hall leading to a bright living/dining room that boasts dual aspect windows for increased natural light, making it perfect for family use or entertaining guests. The kitchen, equipped with essential units and pantry storage, can be reimagined into a more functional space. Upstairs, there are three bedrooms of decent size, alongside a family bathroom that could benefit from modernisation. The generous garden offers plenty of outdoor space with existing features such as established plants and patio areas that could be revitalised for outdoor enjoyment. This residence is conveniently located near local amenities, schools, and transport links, appealing to first-time buyers, families seeking extra space, or investors pursuing long-term value in a popular locality. Additionally, as the property is noted to be of non-standard construction, this may influence lending options and deposit requirements – it’s advisable to seek mortgage advice accordingly.

Investment Analysis

(DE22 area)

Below Market Value

This property is priced -5.8% below area average per sq ft

-5.8%
Potential saving
This Property
£235/sq ft
Area Average
£250/sq ft
Avg Rent (weekly)
£192
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£221,800
10% above area average per sq ft
Potential ROI
-3.6%
After renovation
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

Finsbury Avenue, Mackworth, 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
£673
Based on a loan of £142,500 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.

Stamp Duty Calculator

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