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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 presents an intriguing opportunity for renovation and personalisation in the sought-after suburb of Allestree. The property boasts three bedrooms, a lounge with a feature fireplace, and a separate dining room with potential to create an open-plan space by combining it with the kitchen. This flexibility allows you to remodel according to your lifestyle needs. There's also considerable scope for expansion, subject to planning approval, enabling you to enhance the living space further. Located conveniently near local amenities and recreational activities such as parks and tennis clubs, this home offers both convenience and community spirit. The absence of a chain facilitates a smoother transaction process for prospective buyers. With an enclosed rear garden that enjoys westerly sunlight, off-road parking options including a driveway and detached garage, this property is well-equipped for family life while providing ample scope for modernisation. Whether you’re looking to invest or create your ideal home, this property’s potential is undeniable.

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

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