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Hillside Road, Spondon, Derby DE21 - Image 1
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Hillside Road, Spondon, Derby DE21

East Midlands

£260,000
Listed on 23/03/2026

Property Details

Bedrooms
3
Type
Detached
Area
755 sqft

Description

This three-bedroom detached home in the desirable area of Spondon presents a promising opportunity for those looking to invest or make it their own. With no upward chain, buyers can take advantage of a property that offers both space and potential. The well-arranged interior features a welcoming entrance hall leading to a spacious lounge, perfect for family gatherings or relaxation. The separate dining area adds versatility for modern living, while the kitchen—complete with ample storage and views of the rear garden—offers considerable scope for reconfiguration or updates depending on your personal style. Upstairs, you'll find two roomy bedrooms along with a smaller third bedroom, all conveniently located near a three-piece family bathroom. Outside, the property boasts off-road parking and a private garden that invites possibilities for outdoor entertaining or further landscaping. This home not only benefits from close proximity to local amenities and schools but also holds strong long-term potential for value enhancement through renovations. Viewing is encouraged to fully grasp the space available and envision the opportunities within this property.

Investment Analysis

(DE21 area)

Above Market Value

This property is priced +31.5% above area average per sq ft

+31.5%
This Property
£344/sq ft
Area Average
£262/sq ft
Avg Rent (weekly)
£221
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£217,466
10% above area average per sq ft
Potential ROI
-26.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
61
Average per month
Market Turnover
143%
Properties sold annually

Local Market Trend (DE21)

Area prices are rising by +3.9% over the last 12 months
3 year growth: +4.8%
5 year growth: +16.0%
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

Hillside Road, Spondon, Derby DE21
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£938
Based on a loan of £195,000 over 30 years at 4.06% 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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