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Finsbury Avenue, Mackworth, Derby DE22 - Image 1
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Finsbury Avenue, Mackworth, Derby DE22

East Midlands

£190,000
Listed on 18/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
808 sqft

Description

This three-bedroom semi-detached house offers a solid foundation for a family home on a peaceful residential street in the sought-after Mackworth area of Derby. The property features well-sized rooms and a spacious rear garden, presenting an excellent opportunity for those looking to modernise and add value. The layout includes an inviting entrance hall leading to a roomy through living/dining area that benefits from abundant natural light, creating a welcoming environment for both relaxation and entertaining. The kitchen, complete with essential fittings, has potential for enhancement with modern appliances and additional workspace, while the adjoining pantry provides useful extra storage. Upstairs, you will find three generously proportioned bedrooms, offering versatile spaces suitable for various uses – from children's rooms to home offices. The family bathroom is functional but could be transformed into a more contemporary space with some investment. Outside, the sizeable rear garden is an attractive feature that combines lawn, patio areas, and established planting. This outdoor space not only invites gardening enthusiasts but also holds significant potential for improvements like decking or landscaping to create an ideal family retreat. With off-road parking available at the front and proximity to local amenities, this property is perfectly suited for first-time buyers, families looking to grow into their next home, or investors aiming to tap into the area's rental market. Additionally, prospective buyers should note that this home is of non-standard construction; thus it's advisable to seek appropriate mortgage guidance.

Investment Analysis

(DE22 area)

Below Market Value

This property is priced -5.8% below area average per sq ft

-5.8%
Potential saving
This Property
£235/sq ft
Area Average
£250/sq ft
Avg Rent (weekly)
£192
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£221,800
10% above area average per sq ft
Potential ROI
-7.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
59
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (DE22)

Area prices are stable by +1.8% over the last 12 months
3 year growth: +11.8%
5 year growth: +22.2%
Investment Disclaimer: Analysis based on DE22 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

Finsbury Avenue, Mackworth, Derby DE22
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£673
Based on a loan of £142,500 over 30 years at 3.91% 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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