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Finsbury Avenue, Mackworth, Derby

East Midlands

£190,000

Listed on 17/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
808 sqft

Description

This three-bedroom semi-detached home in the tranquil Mackworth area of Derby presents a solid foundation for anyone looking to invest in a property with significant renovation potential. The residence, while well-maintained over the years, is now ready for modernization, allowing buyers to tailor it to their personal style and needs. Nestled within a well-established neighborhood, this family home features a welcoming entrance hall that leads into an inviting living/dining area, ideal for family gatherings. The kitchen offers a range of fitted units along with a pantry and direct garden access, making it functional yet ripe for updates. Upstairs, there are three spacious bedrooms and a family bathroom that require some cosmetic enhancements to truly shine. Outside, the generous rear garden provides a private retreat with its mix of lawn and patio areas—a wonderful space for families or those looking to enhance outdoor living. With off-road parking available at the front, this property is conveniently located near local amenities and schools, making it suitable for families or investors seeking rental opportunities. There is ample scope to increase both aesthetic appeal and value through thoughtful renovations.

Investment Analysis

(DE22 area)

Below Market Value

This property is priced -4.7% below area average per sq ft

-4.7%
Potential saving
This Property
£235/sq ft
Area Average
£247/sq ft
Avg Rent (weekly)
£196
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£219,223
10% above area average per sq ft
Potential ROI
+2.0%
After renovation
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

Finsbury Avenue, Mackworth, Derby
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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
£678
Based on a loan of £142,500 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

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