Worst House on the Street Logo
Lambourn Drive, Allestree, Derby - Image 1
Lambourn Drive, Allestree, Derby - Image 2
Lambourn Drive, Allestree, Derby - Image 3
Lambourn Drive, Allestree, Derby - Image 4
Lambourn Drive, Allestree, Derby - Image 5
Lambourn Drive, Allestree, Derby - Image 6
Lambourn Drive, Allestree, Derby - Image 7
Lambourn Drive, Allestree, Derby - Image 8
Lambourn Drive, Allestree, Derby - Image 9

Lambourn Drive, Allestree, Derby

East Midlands

£274,000
Listed on 04/05/2026

Property Details

Bedrooms
3
Type
Detached Bungalow

Description

This spacious three-bedroom detached bungalow is situated in the sought-after suburb of Allestree, notable for its friendly community and proximity to essential amenities. One of the significant advantages of this property is that it comes with immediate vacant possession, allowing aspiring homeowners or investors to dive straight into a refurbishment project tailored to their personal style. The property features gas central heating and double glazing, presenting a solid foundation for modern updates. Inside, you'll find an entrance hall leading to a generous lounge dining area, a kitchen equipped with integrated appliances, three well-sized bedrooms, and a shower room. Outside, the front garden is easy to maintain and complemented by driveway parking leading to a detached garage. The mature rear garden offers potential for landscaping or outdoor enhancements. This bungalow's configuration and location within the highly regarded Ecclesbourne School catchment make it an attractive investment opportunity for those looking to add value through thoughtful renovations.

Investment Analysis

(DE22 area)
Area Average
£247/sq ft
Avg Rent (weekly)
£196
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
66
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (DE22)

Area prices are falling by -3.2% over the last 12 months
3 year growth: +7.9%
5 year growth: +18.7%
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

Lambourn Drive, Allestree, Derby
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£978
Based on a loan of £205,500 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates