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Bethulie Road, Derby DE23

East Midlands

£225,000

Listed on 08/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
853 sqft

Description

This two-bedroom semi-detached home in a sought-after area of Derby presents an excellent opportunity for buyers seeking a project with significant potential. Located within a spacious plot, the property could be ideal for extension or redevelopment, pending necessary planning permissions. The accommodation includes an entrance hall that leads to a lounge with charming wooden floorboards and a bay window, enhancing the natural light. The kitchen/dining area is functional but would benefit from modernisation, featuring basic wall and base units. There are two bedrooms offering comfortable living space, alongside a family bathroom equipped with essential amenities. Outside, there is off-street parking for at least two vehicles and a generous side garden leading to the private rear garden, which includes a brick outbuilding for additional storage. This property is not only close to local amenities such as shops and schools but also enjoys convenient transport links to Derby City Centre and surrounding areas. Viewing is highly recommended to appreciate both the existing condition and vast investment potential this property has to offer.

Investment Analysis

(DE23 area)

Above Market Value

This property is priced +11.2% above area average per sq ft

+11.2%
This Property
£264/sq ft
Area Average
£237/sq ft
Avg Rent (weekly)
£194
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£222,565
10% above area average per sq ft
Potential ROI
-16.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (DE23)

Area prices are falling by -3.6% over the last 12 months
3 year growth: -2.9%
5 year growth: +5.6%
Investment Disclaimer: Analysis based on DE23 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

Bethulie Road, Derby DE23
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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
£803
Based on a loan of £168,750 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

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