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Heath Avenue, Littleover, Derby

East Midlands

£495,000

Listed on 11/06/2026

Property Details

Bedrooms
3
Type
Detached
Area
1452 sqft

Description

This Edwardian detached home offers a significant opportunity for those looking to invest in renovation and development. The property features a considerable mature garden, which includes the potential for new construction with outline planning permission granted for two semi-detached houses. Located in a desirable cul-de-sac within Littleover village, homeowners will find local amenities just a short distance away, including shops and schools. The existing three-bedroom residence requires modernisation but holds great potential for transformation. The layout comprises of an entrance hall, lounge, dining room, and kitchen on the ground floor with three bedrooms upstairs, including a master en-suite and a family bathroom. Enhancements to the current structure will be necessary to maintain privacy against the proposed new homes next door. This renovation project is complemented by the property's secure gated driveway and double garage, making it ideal for families or investors seeking to capitalize on local demand. Furthermore, excellent transport links ensure easy access to major employment hubs in the area.

Investment Analysis

(DE23 area)

Above Market Value

This property is priced +44.7% above area average per sq ft

+44.7%
This Property
£341/sq ft
Area Average
£236/sq ft
Avg Rent (weekly)
£210
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£376,380
10% above area average per sq ft
Potential ROI
-34.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (DE23)

Area prices are falling by -2.3% over the last 12 months
3 year growth: -1.4%
5 year growth: +8.4%
Investment Disclaimer: Analysis based on DE23 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

Heath Avenue, Littleover, Derby
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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
£1,870
Based on a loan of £371,250 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.

Stamp Duty Calculator

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