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Nottingham Road, Spondon, Derby DE21

East Midlands

£200,000

Listed on 05/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1023 sqft

Description

This three-bedroom semi-detached property in Spondon presents an exciting opportunity for those looking to undertake a renovation project. With its spacious layout, the home features an entrance hallway leading to a front reception room, a second living/dining area, and a kitchen that opens up to the rear garden. Upstairs, you will find three generously sized bedrooms and a family bathroom. Notably, the absence of central heating allows for complete customization and modernization according to your preferences. The outdoor space includes a private driveway and a mature garden, perfect for potential landscaping or even expansion (subject to planning permission). Situated near Spondon village with access to local schools, amenities, and transport links, this property not only offers convenience but also significant potential for enhancement.

Investment Analysis

(DE21 area)

Below Market Value

This property is priced -24.4% below area average per sq ft

-24.4%
Potential saving
This Property
£196/sq ft
Area Average
£259/sq ft
Avg Rent (weekly)
£213
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£290,946
10% above area average per sq ft
Potential ROI
+3.9%
After renovation
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
25%
Properties sold annually

Local Market Trend (DE21)

Area prices are rising by +2.3% over the last 12 months
3 year growth: +4.6%
5 year growth: +14.0%
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

Nottingham Road, Spondon, Derby DE21
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£714
Based on a loan of £150,000 over 30 years at 3.97% 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

Price History

-9.1% since listed
£200,000£20,000(-9.1%)
05/05/2026
Current price
£220,000Initial listing
27/12/2025

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