Worst House on the Street Logo
Petersham Drive, Alvaston, Derby - Image 1
Petersham Drive, Alvaston, Derby - Image 2
Petersham Drive, Alvaston, Derby - Image 3
Petersham Drive, Alvaston, Derby - Image 4
Petersham Drive, Alvaston, Derby - Image 5
Petersham Drive, Alvaston, Derby - Image 6
Petersham Drive, Alvaston, Derby - Image 7
Petersham Drive, Alvaston, Derby - Image 8
Petersham Drive, Alvaston, Derby - Image 9
Petersham Drive, Alvaston, Derby - Image 10
Petersham Drive, Alvaston, Derby - Image 11
Petersham Drive, Alvaston, Derby - Image 12
Petersham Drive, Alvaston, Derby - Image 13
Petersham Drive, Alvaston, Derby - Image 14

Petersham Drive, Alvaston, Derby

East Midlands

£290,000

Listed on 06/07/2026

Property details

Bedrooms
2
Type
Detached Bungalow
Area
994 sqft

Description

This two-bedroom detached bungalow, available with no onward chain, is set on a generous plot in a sought-after residential area. It presents an excellent opportunity for buyers eager to modernise and personalise their living space. The layout includes two reception rooms, a utility room, and a kitchen that flows into the dining area, providing a practical setup for day-to-day living or entertaining guests. The spacious living room features patio doors that lead out to the sizeable rear garden, offering potential for enhancements that could create an inviting outdoor environment. The property boasts two well-sized double bedrooms, each equipped with fitted wardrobes, along with a bathroom featuring a three-piece suite. Outside, there’s ample off-road parking thanks to the driveway and attached garage, complemented by an impressive enclosed rear garden primarily laid to lawn with existing patio areas. Situated in Alvaston, this bungalow is conveniently close to local amenities including shops and schools as well as having excellent transport links for easy commuting. This combination of location and potential makes it an appealing project for those looking to invest in property renovation.

Interested in similar properties?

Get alerted when similar renovation and investment opportunities become available.

Investment analysis

(DE24 area)

Above Market Value

This property is priced +21.8% above area average per sq ft

+21.8%
This Property
£292/sq ft
Area Average
£239/sq ft
Avg Rent (weekly)
£198
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£261,815
10% above area average per sq ft
Potential ROI
-16.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
51
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (DE24)

Area prices are falling by -5.2% over the last 12 months
3 year growth: +2.3%
5 year growth: +20.1%
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

Petersham Drive, Alvaston, Derby
Loading map...

Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,096
Based on a loan of £217,500 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates