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Derby Road, Spondon, Derby

East Midlands

£225,000

Listed on 08/07/2026

Property details

Bedrooms
3
Type
Semi Detached

Description

Set within a generous and mature plot, this spacious double fronted semi-detached home presents significant scope for refurbishment and expansion, pending the necessary consents. The property is equipped with gas central heating and UPVC double glazing throughout. Internally, the layout includes a welcoming reception hall, a sitting room with French doors opening to the rear, and a separate dining room featuring a traditional fire surround. The kitchen offers practical fitted units alongside an adjoining utility area. On the first floor, there are three bedrooms and a bathroom complete with a four-piece suite. Externally, the property benefits from ample parking for three vehicles on a block-paved forecourt and has a shared driveway leading to the detached garage. Backing onto tranquil open fields enhances its appeal as an investment opportunity. This freehold property is classified under council tax band B.

Investment analysis

(DE21 area)
Area Average
£259/sq ft
Avg Rent (weekly)
£217
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
54
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (DE21)

Area prices are stable by +0.4% over the last 12 months
3 year growth: +5.4%
5 year growth: +13.5%
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

Derby Road, Spondon, 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
£850
Based on a loan of £168,750 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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