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Belmont Drive, Borrowash DE72 - Image 1
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Belmont Drive, Borrowash DE72

East Midlands

£315,000
Listed on 30/09/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This four-bedroom detached home is situated at the end of a peaceful cul-de-sac in Borrowash, offering a unique opportunity for those looking to invest in a property with significant renovation potential. The house is positioned conveniently close to the village center, providing easy access to local amenities, including shops, schools, and healthcare services. As you approach the property, you'll notice its classic brick construction complemented by stonework and render on the front façade. Inside, there’s an enclosed porch leading to a reception hall that features practical elements like a utility cupboard equipped for laundry appliances. The layout includes a spacious lounge with sliding doors that open onto the private rear garden—ideal for outdoor entertaining or simply enjoying a quiet moment. The dining kitchen presents an opportunity for modernization; while it includes essential appliances and ample storage space, it is awaiting updates that could transform it into a contemporary culinary hub. A half-glazed door provides convenient access to the garden from here as well. On the first floor, four generously sized bedrooms await, along with a bathroom that has been partially updated with new fixtures but requires further finishing touches to fully realize its potential. Each room offers flexibility for customization and personalization, making this an ideal canvas for future homeowners or investors. Outside, the property features off-road parking options and an integral garage alongside well-maintained garden spaces. The attractive rear garden is enclosed for privacy and includes both patio and lawn areas—perfect for outdoor relaxation or family activities. This residence is strategically located between Derby and Nottingham, making it ideal for commuters with easy access to major transport links such as the M1 motorway and East Midlands Airport. Additionally, proximity to Elvaston Castle and various local golf courses enhances the appeal of this location. Overall, this home presents an exciting opportunity for buyers seeking a project in an area known for its charm and convenience. With updating required throughout various aspects of the property, there's plenty of room to add value while creating your dream home in a desirable community.

Investment Analysis

(DE72 area)
Area Average
£288/sq ft
Avg Rent (weekly)
£256
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (DE72)

Area prices are rising by +4.5% over the last 12 months
3 year growth: -1.7%
5 year growth: 11.8%
Investment Disclaimer: Analysis based on DE72 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

Belmont Drive, Borrowash DE72
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,154
Based on a loan of £236,250 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE