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Hillside Road, Spondon, Derby DE21

East Midlands

£250,000

Listed on 08/05/2026

Property Details

Bedrooms
3
Type
Detached
Area
755 sqft

Description

This three-bedroom detached home in Spondon presents a promising canvas for renovation, appealing to both families and first-time buyers. Set within a desirable residential area, this property boasts a well-thought-out layout featuring spacious living areas that can easily be tailored to modern preferences. The expansive lounge and separate dining area provide flexibility for diverse family needs, while the kitchen—a key focus area—has potential for upgrading or reconfiguration to enhance functionality and aesthetic appeal. On the upper level, two sizable double bedrooms and a smaller third bedroom are complemented by a family bathroom that could benefit from modernization. The property also includes off-road parking via a driveway and a private rear garden, which would be an inviting space for outdoor gatherings with some landscaping improvements. Notably, there is no upward chain, allowing for a smoother transaction process. With local amenities and transport links nearby, the property has strong long-term investment potential. This is an opportunity worth exploring for those looking to create their ideal home in an attractive setting.

Investment Analysis

(DE21 area)

Above Market Value

This property is priced +27.9% above area average per sq ft

+27.9%
This Property
£331/sq ft
Area Average
£259/sq ft
Avg Rent (weekly)
£218
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£215,016
10% above area average per sq ft
Potential ROI
-24.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
52
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (DE21)

Area prices are stable by +1.1% over the last 12 months
3 year growth: +4.7%
5 year growth: +13.9%
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

Hillside Road, Spondon, Derby DE21
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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
£944
Based on a loan of £187,500 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

Price History

-3.8% since listed
£250,000£10,000(-3.8%)
09/04/2026
Current price
£260,000Initial listing
23/03/2026

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