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Evans Avenue, Allestree, Derby, DE22 2EJ

East Midlands

£750,000

Listed on 10/07/2026

Property details

Bedrooms
5
Type
Detached
Area
1593 sqft

Description

This impressive detached family residence, dating back to the 1930s, occupies a substantial plot in one of Allestree's most esteemed areas, adjacent to the picturesque Allestree Park. The property benefits from breathtaking views over the parkland and lake, presenting a rare chance for those seeking an investment in a desirable location. Although the home has been well-preserved with enhancements such as a new roof, there remains significant potential for further development or extension (subject to planning approval), making it particularly appealing for families aiming to tailor their forever home. The interior is spacious and flexible, comprising an inviting entrance hallway, a convenient ground floor WC, and two sizable reception rooms enhanced by charming log-burning stoves that add warmth to these living spaces. The kitchen/dining area is well-equipped and flows into a separate utility room. On the first floor, four generously sized bedrooms are complemented by a family bathroom and a walk-in wardrobe. The loft space has been tastefully converted into an extensive principal suite complete with built-in wardrobes and an en-suite bathroom, offering serene views of the surrounding scenery. Externally, the property features ample off-road parking on its large driveway and boasts a beautifully maintained rear garden that provides privacy while directly accessing Allestree Park’s splendid open space. This unique offering combines an enviable setting with substantial renovation potential—an opportunity not to be missed.

Investment analysis

(DE22 area)

Above Market Value

This property is priced +86.1% above area average per sq ft

+86.1%
This Property
£471/sq ft
Area Average
£253/sq ft
Avg Rent (weekly)
£203
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£443,244
10% above area average per sq ft
Potential ROI
-47.2%
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

Evans Avenue, Allestree, Derby, DE22 2EJ
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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
£2,833
Based on a loan of £562,500 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

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