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Spencer Road, Belper, Derbyshire, DE56

East Midlands

£275,000
Listed on 12/05/2026

Property Details

Bedrooms
2
Type
Bungalow

Description

This detached bungalow, nestled within a generous plot and located close to the heart of Belper town, presents a significant opportunity for renovation. While the property currently requires modernisation throughout, its south-facing gardens and expansive countryside views highlight its potential for enhancement. Buyers can explore options for improvement or extension, pending necessary permissions, making it an appealing prospect for those looking to craft a customized long-term residence in this desirable area. The accommodation includes two spacious bedrooms, a lounge diner with scenic views, and practical utility and storage areas that could benefit from thoughtful upgrades.

Investment Analysis

(DE56 area)
Area Average
£298/sq ft
Avg Rent (weekly)
£218
Avg Yield
3.7%

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
41
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (DE56)

Area prices are falling by -5.3% over the last 12 months
3 year growth: -5.2%
5 year growth: +4.6%
Investment Disclaimer: Analysis based on DE56 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

Spencer Road, Belper, Derbyshire, DE56
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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
£981
Based on a loan of £206,250 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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