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Springfield Road, Etwall, Derby

East Midlands

£180,000

Listed on 15/10/2026

The listing

Property details

Bedrooms
2
Type
Semi Detached

Description

This two-bedroom semi-detached house is situated on a mature plot in a desirable area, presenting an excellent opportunity for renovation and expansion, subject to local authority planning consent. The property features gas central heating and UPVC double glazing, ensuring a comfortable living environment. Inside, the layout includes a reception hall leading to a kitchen equipped with essential appliances and a spacious lounge/dining room that opens into a conservatory, allowing for ample natural light. The first floor comprises two well-proportioned bedrooms and a shower room. Externally, the property boasts a block-paved forecourt with space for three vehicles and a sizeable rear garden, perfect for outdoor activities. This home offers immense potential for those looking to invest in a property that can be tailored to their specifications.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

49out of 100
Grade ELow opportunity

Confidence: LOW

This two-bedroom semi-detached house presents a solid renovation opportunity in a desirable location, although it does require substantial updating. The living spaces show signs of wear, and the kitchen and shower room are both functional but decidedly dated, offering ample scope for modernisation. The property's good outdoor space, including a sizeable rear garden and a block-paved forecourt for three cars, adds significant value. Additionally, there’s potential for extension, subject to planning consent, which could enhance your investment further.

Despite its current condition, the guide price of £180,000 may be appealing given the overall potential. However, the absence of detailed floor area means we can't evaluate the price per square foot against local averages just yet. Renovation costs are estimated between £40,000 and £80,000, positioning this as a medium-scale project with the opportunity to significantly increase the property's value with the right updates and improvements.

Key opportunities

  • Scope for modernising the dated interiors, including the kitchen and shower room.
  • Good outdoor space with a sizeable rear garden.
  • Potential for extension subject to planning consent.

Key risks

  • General wear and signs of aging throughout the property.
  • Potential damp issues in places may need addressing.
  • Market volatility could impact resale value.

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Map

Location

Springfield Road, Etwall, Derby
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£680
Based on a loan of £135,000 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.

Tax

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Indicative tax based on the asking price and the options you select.

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