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Borrowash Road, Spondon, Derbyshire

East Midlands

£230,000

Listed on 08/06/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
771 sqft

Description

This three-bedroom semi-detached home, located on a desirable street, offers significant renovation and investment potential for those looking to create their ideal living space. The property boasts a gated driveway with ample parking and a car port, making it convenient for families or multiple vehicle owners. Inside, you'll find a spacious entrance hallway that could easily accommodate a ground floor WC. The dual-aspect lounge/diner provides an abundance of natural light, while the fitted kitchen offers good functionality but could benefit from modernisation to increase its appeal. Upstairs, there are three well-sized bedrooms alongside a family shower room and separate WC – perfect for revamping into stylish spaces. The attractive low-maintenance rear garden includes a large patio area and an outdoor shed, presenting opportunities for landscaping or enhancing outdoor living areas. With the option to extend (subject to planning permissions), this property is an excellent candidate for renovation enthusiasts or investors aiming to add value in a sought-after location. Being offered with no onward chain makes it all the more appealing for motivated buyers.

Investment Analysis

(DE21 area)

Above Market Value

This property is priced +15.2% above area average per sq ft

+15.2%
This Property
£298/sq ft
Area Average
£259/sq ft
Avg Rent (weekly)
£218
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£219,573
10% above area average per sq ft
Potential ROI
-18.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Borrowash Road, Spondon, Derbyshire
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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
£869
Based on a loan of £172,500 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.

Stamp Duty Calculator

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