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Portreath Drive, Allestree, Derby

East Midlands

£275,000

Listed on 03/07/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
929 sqft

Description

This semi-detached house on Portreath Drive presents a solid opportunity for families looking to invest in a property that allows for customization and potential growth. The home is ideally positioned for extension possibilities, pending planning permission, giving buyers the chance to adapt the space to their specific desires. Situated within the friendly community of Allestree, this location offers not only convenient access to local amenities but also proximity to recreational facilities such as parks and sports clubs. The layout features a lounge with an inviting fireplace, a dining area with sliding doors that open into the garden, and a kitchen equipped with essential appliances. Upstairs, you'll find three bedrooms and a family bathroom that includes modern fixtures. The private rear garden and ample parking through the driveway add further value, while the absence of any chain involved streamlines the purchase process. This property is perfectly suited for those looking to inject their own style through renovations or extensions.

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Investment analysis

(DE22 area)

Above Market Value

This property is priced +17.0% above area average per sq ft

+17.0%
This Property
£296/sq ft
Area Average
£253/sq ft
Avg Rent (weekly)
£203
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£258,490
10% above area average per sq ft
Potential ROI
-17.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
50
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (DE22)

Area prices are falling by -6.5% over the last 12 months
3 year growth: +6.9%
5 year growth: +15.2%
Investment Disclaimer: Analysis based on DE22 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

Portreath Drive, Allestree, 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
£1,039
Based on a loan of £206,250 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

Next Steps

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