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Deans Drive, Borrowash, Derby

East Midlands

£325,000
Listed on 01/05/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
865 sqft

Description

This spacious two-bedroom detached bungalow, located in the tranquil village of Borrowash, presents a unique opportunity for renovation and investment. Set on a generous plot with potential for expansion, including the possibility of an annex or loft conversion (subject to planning permissions), the property boasts a desirable park view at the front and a secluded rear garden. The well-designed interior features a central hallway leading to a bright living room adorned with a feature fireplace, complemented by a cozy snug area perfect for dining or extra seating. The fitted kitchen diner offers practical access to the rear garden, while an adjoining utility room enhances storage options. Both double bedrooms come equipped with built-in wardrobes and are serviced by a modern bathroom. Externally, the gardens are mature and predominantly laid to lawn, providing ample space for outdoor development. Additionally, off-road parking is available on the gated driveway alongside a detached single garage. This property is ideal for investors or buyers looking to create their dream home while taking advantage of its extensive renovation possibilities.

Investment Analysis

(DE72 area)

Above Market Value

This property is priced +24.6% above area average per sq ft

+24.6%
This Property
£376/sq ft
Area Average
£302/sq ft
Avg Rent (weekly)
£233
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£286,972
10% above area average per sq ft
Potential ROI
-21.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (DE72)

Area prices are falling by -3.5% over the last 12 months
3 year growth: -8.5%
5 year growth: +5.8%
Investment Disclaimer: Analysis based on DE72 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

Deans Drive, Borrowash, Derby
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,159
Based on a loan of £243,750 over 30 years at 3.97% 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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