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Craddock Avenue, Spondon, Derby, DE21 7HS

East Midlands

£220,000
Listed on 04/05/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

This spacious three-bedroom semi-detached house presents a solid investment opportunity, especially for those interested in renovation projects. Set on a generous plot, the property features a driveway and a sizeable rear garden, with potential for extension (subject to planning permission). The ground floor includes a welcoming entrance porch and hall that leads to a living room and kitchen/diner, both of which offer ample space for modernisation. Upstairs hosts three bedrooms along with a bathroom and separate WC. The location benefits from good access to local amenities in Spondon village and primary transport routes connecting to Derby and Nottingham. With minor updates needed in certain areas, this property has the potential to become an ideal family home or rental investment.

Investment Analysis

(DE21 area)
Area Average
£259/sq ft
Avg Rent (weekly)
£213
Avg Yield
4.6%

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
54
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (DE21)

Area prices are rising by +2.3% over the last 12 months
3 year growth: +4.6%
5 year growth: +14.0%
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

Craddock Avenue, Spondon, Derby, DE21 7HS
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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
£785
Based on a loan of £165,000 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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