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Derby Road, Marehay, DE5

East Midlands

£229,950

Listed on 24/10/2026

The listing

Property details

Bedrooms
3
Type
End Of Terrace

Features

  • Garage
  • Garden
  • Parking

Description

This three-bedroom home is offered with no upward chain and has a hallway, lounge, separate dining room, kitchen and utility room on the ground floor. Upstairs are three bedrooms, a bathroom and a separate WC. The lounge and dining room each have a bay window and fireplace, while the kitchen has fitted pine-effect units and connects to the utility room. The property also has gas central heating, according to the particulars. Outside, the front has a gated driveway and tandem garage with access from both ends. At the rear, a large concrete yard sits alongside a lawned garden with two greenhouses, a pond, an outbuilding and a shed. The listing notes that rear extension may be possible subject to planning permission; feasibility would need to be checked. The accommodation and outdoor space offer scope for updating and further investigation of the layout. Viewings are by appointment through Savidge & Brown.

WHOTS analysis

Our WHOTS verdict

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

54out of 100
Grade DWeak opportunity

Confidence: LOW

This is a usable, spacious-looking three-bedroom project with scope to add value through a focused refresh: dated decoration and flooring are visible across several rooms, while the older kitchen and bathroom finishes offer further opportunities to modernise. The large rear garden, driveway and tandem garage add useful appeal, and the listing mentions rear extension potential subject to planning permission. The stated renovation range is £6,500–£14,000.

Key opportunities

  • Refresh dated wallpaper, colour schemes and flooring across the visible living spaces and bedrooms.
  • Modernise the pine-effect kitchen and old-fashioned bathroom finishes to update the home.
  • Make the most of the large rear garden, driveway and tandem garage; rear extension potential is mentioned subject to planning permission.

Key risks

None recorded.

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Map

Location

Derby Road, Marehay, DE5
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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
£869
Based on a loan of £172,462 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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