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Moor Street, Spondon, Derby, DE21

East Midlands

£295,000

Listed on 02/06/2026

Property Details

Bedrooms
3
Type
Detached

Description

This classic detached family residence from the 1930s offers a fantastic opportunity for buyers looking to invest in a renovation project. Nestled in the sought-after village of Spondon and available with no upward chain, this home needs cosmetic updates throughout, making it a blank canvas for those looking to modernize and personalize their living space. There is also potential for expansion to both the side and rear of the property, subject to obtaining appropriate planning permissions. Internally, the layout features an entrance porch leading to a welcoming hall, a spacious living room with a charming bay window, and a versatile dining/sitting area that opens onto the garden via sliding patio doors. The extended kitchen provides ample workspace and flexibility with existing appliances but will benefit from a refresh. The first floor hosts three reasonably sized bedrooms alongside a functional shower room. Outside, you’ll find low-maintenance gardens at both the front and back; the latter includes an inviting paved patio and established borders that can be enhanced further. This property represents an ideal opportunity for those eager to invest time and resources into creating their dream family home in a desirable location.

Investment Analysis

(DE21 area)
Area Average
£259/sq ft
Avg Rent (weekly)
£218
Avg Yield
4.7%

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
52
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (DE21)

Area prices are stable by +1.1% over the last 12 months
3 year growth: +4.7%
5 year growth: +13.9%
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

Moor Street, Spondon, Derby, DE21
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,114
Based on a loan of £221,250 over 30 years at 4.45% 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.

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