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1 Brindley Court, Wilkins Drive, Allenton, Derby, Derbyshire DE24 8YR - Image 1

1 Brindley Court, Wilkins Drive, Allenton, Derby, Derbyshire DE24 8YR

East Midlands

£32,000
Listed on 05/05/2026

Property Details

Bedrooms
1
Type
Flat

Description

This one-bedroom flat presents an excellent investment opportunity situated conveniently near Derby City Centre. With easy access to transport links, including the nearby train station, it offers the potential for strong rental yields. Local amenities such as the David Lloyd Leisure and Moorways Sports & Swimming complex enhance its appeal to prospective tenants. Although currently requiring some refurbishment, this property allows for a straightforward renovation to increase its rental value, with similar flats in the area achieving rents of up to £8,100 per year. The apartment features a ground floor entrance that leads to first-floor living spaces, making it a functional layout for tenants. Ideal for investors looking to expand their portfolio with a property that can be enhanced through renovation.

Investment Analysis

(DE24 area)
Area Average
£237/sq ft
Avg Rent (weekly)
£202
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
57
Average per month
Market Turnover
41%
Properties sold annually

Local Market Trend (DE24)

Area prices are falling by -6.8% over the last 12 months
3 year growth: +2.1%
5 year growth: +20.2%
Investment Disclaimer: Analysis based on DE24 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

1 Brindley Court, Wilkins Drive, Allenton, Derby, Derbyshire DE24 8YR
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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
£114
Based on a loan of £24,000 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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