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Drury Avenue, Spondon

East Midlands

£350,000

Listed on 11/07/2026

Property details

Bedrooms
5
Type
Detached

Description

This striking five-bedroom detached home boasts considerable potential for renovation and personalisation, making it an ideal choice for those looking to create their dream residence. Nestled behind an attractive walled frontage and gated driveway, this Tudor-style property features characterful design elements that enhance its initial appeal. Once inside, you will find a spacious entrance hall leading to a bright dual-aspect living room that is ready for decoration, presenting a blank canvas for new owners. The kitchen diner offers ample space for family dining and the opportunity to remodel into a contemporary culinary space. A versatile reception room at the rear of the property currently functions as a gym but can easily be transformed into a family room or playroom with direct access to the expansive rear patio and garden. The first floor has three generously sized double bedrooms, with the principal bedroom providing serene views over the garden. A unique third bedroom layout allows for multi-functional use as a study or dressing area. Two additional bedrooms on the second floor offer flexibility for guests or teenagers needing their own space. While this home requires modernisation throughout, it presents an exciting blank slate with endless possibilities—whether updating existing spaces or considering extensions (subject to planning permissions). Outside, the sizeable and established garden is perfect for entertaining or leisurely family days, with scope for adding structures like summer houses or workshops. Given its size, character, and location in Spondon—a suburb known for its strong community roots and convenient transport links—this property offers not just a home but a significant investment opportunity.

Investment analysis

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

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£75,000 - £120,000
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

Drury Avenue, Spondon
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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
£1,322
Based on a loan of £262,500 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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