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11 Ellesmere Avenue, Derby, DE24 8WD

East Midlands

£80,000

Listed on 26/06/2026

Property details

Bedrooms
3
Type
Semi Detached

Description

This three-bedroom semi-detached house offers a promising opportunity for those looking to invest in a property that requires modernisation. The layout spans two floors, featuring an entrance, two reception rooms, a kitchen, and three bedrooms along with a bathroom on the first floor. Situated south-east of Derby city centre, the property boasts off-street parking and side access to a rear garden, making it a versatile space for potential extensions (subject to planning permissions). Its prime location near Derby's shopping and leisure amenities enhances its appeal, complemented by excellent transport links including easy access to the A6, A50, A52, and M1 motorway network. Nearby parks like Elvaston Castle Country Park and Alvaston Park offer significant green space for leisure activities. This home presents not only a renovation challenge but also the chance to create added value through improvements in an area with strong market demand.

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Investment analysis

(DE24 area)
Area Average
£235/sq ft
Avg Rent (weekly)
£204
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
49
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (DE24)

Area prices are falling by -5.1% over the last 12 months
3 year growth: +3.3%
5 year growth: +21.3%
Investment Disclaimer: Analysis based on DE24 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

11 Ellesmere Avenue, Derby, DE24 8WD
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Mortgage calculator

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£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£302
Based on a loan of £60,000 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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