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Rosewood Close, Derby, DE24

East Midlands

£155,000
Listed on 08/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
843 sqft

Description

Located in the sought-after area of Alvaston, this three-bedroom semi-detached home presents an exceptional opportunity for those looking to invest in a property ripe for modernization. With spacious interiors, off-road parking for two vehicles, and a garage, this residence is well-suited for families or investors aiming to create a tailored living space. The ground floor welcomes you with an entrance hall leading into a generously sized lounge and a separate dining room, providing ample room for family gatherings and entertaining guests. The kitchen, although functional, offers significant potential for redesign to meet contemporary standards. A convenient downstairs toilet adds to the practicality of the layout. Upstairs, you will find three bedrooms along with a family bathroom, featuring a particularly large master bedroom that could easily accommodate various furniture arrangements. The second and third bedrooms are versatile enough to serve as children's rooms, nurseries or even home offices—catering to modern living needs. Externally, the driveway facilitates off-road parking while the garage adds further utility. Although the property requires some refurbishment throughout, it stands as a fantastic blank canvas for those eager to add value and personalize their future home or investment project.

Investment Analysis

(DE24 area)

Below Market Value

This property is priced -22.4% below area average per sq ft

-22.4%
Potential saving
This Property
£184/sq ft
Area Average
£237/sq ft
Avg Rent (weekly)
£202
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£219,816
10% above area average per sq ft
Potential ROI
+12.7%
After renovation
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

Rosewood Close, Derby, DE24
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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
£553
Based on a loan of £116,250 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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