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62 Blenheim Drive, Allestree, Derby, Derbyshire, DE22 2LE - Image 1

62 Blenheim Drive, Allestree, Derby, Derbyshire, DE22 2LE

East Midlands

£200,000
Listed on 28/04/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

This three-bedroom semi-detached house presents a substantial opportunity for renovation and investment. Located on a residential street with convenient access to local shops and amenities, as well as transport links via Derby rail station, the property is ideally positioned for future value enhancement. The house is arranged over two floors, featuring three reception rooms, a kitchen, three bedrooms, and a bathroom. While it requires significant refurbishment, the potential is considerable given its existing layout and outdoor spaces which include front and rear gardens, off-street parking, and a garage. This could be an excellent project for an investor or homeowner looking to add value through modernization.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

62 Blenheim Drive, Allestree, Derby, Derbyshire, DE22 2LE
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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
£708
Based on a loan of £150,000 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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