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Bembridge Drive, Alvaston, Derby, Derbyshire, DE24 - Image 1
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Bembridge Drive, Alvaston, Derby, Derbyshire, DE24

East Midlands

£170,000

Listed on 20/07/2026

Property details

Bedrooms
3
Type
Terraced
Area
920 sqft

Description

This property presents a promising opportunity for those looking to invest in a refurbishment project. Located in the sought-after area of Alvaston, the property has solid structural integrity and offers ample space to reimagine the interior according to personal tastes. The ground floor features an entrance hallway leading to a kitchen diner and a spacious lounge, while the first floor accommodates three generously sized bedrooms alongside a family bathroom. Although it requires updating throughout, this residence is well-positioned for significant appreciation in value post-renovation. The external space includes a small front garden and an enclosed rear garden complete with a shed, making it ideal for creating an outdoor retreat. Its proximity to local amenities, schools, shops, and excellent transport links adds further appeal for future occupants or tenants.

Investment analysis

(DE24 area)

Below Market Value

This property is priced -22.8% below area average per sq ft

-22.8%
Potential saving
This Property
£185/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
£242,323
10% above area average per sq ft
Potential ROI
+24.3%
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

Bembridge Drive, Alvaston, Derby, Derbyshire, DE24
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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
£642
Based on a loan of £127,500 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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