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Dale Road, Spondon, Derby

East Midlands

£220,000

Listed on 28/05/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
1051 sqft

Description

This two-bedroom semi-detached home in the sought-after village of Spondon offers a fantastic opportunity for those looking to invest or create their ideal living space. Set on a well-established residential street, this property features a welcoming entrance hallway leading into a bright front living room with a traditional bay window. The spacious kitchen/dining area provides generous worktop and storage options, with direct access to both the rear garden and a separate gated lean-to space. On the first floor, two good-sized bedrooms benefit from natural light and share a family wet room. This home also includes off-road parking for two vehicles and a large rear garden ripe for landscaping or extension possibilities (subject to necessary permissions). Conveniently located near local amenities, schools, and transport links to Derby city centre, this property is available with no upward chain and is full of potential for those looking to modernise.

Investment Analysis

(DE21 area)

Below Market Value

This property is priced -19.0% below area average per sq ft

-19.0%
Potential saving
This Property
£209/sq ft
Area Average
£259/sq ft
Avg Rent (weekly)
£213
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£298,910
10% above area average per sq ft
Potential ROI
+22.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Dale Road, Spondon, 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
£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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