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Radbourne Street, Derby DE22

East Midlands

£250,000

Listed on 18/05/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
1004 sqft

Description

This traditional detached bungalow presents an excellent opportunity for buyers seeking a project with significant potential. Boasting two double bedrooms, the property offers a flexible layout that could easily be adapted into a three-bedroom home if desired. The generous mature gardens and extensive driveway contribute to a pleasant outdoor space, complemented by a sizeable detached garage that enhances the property's utility and storage options. The interior of the bungalow is well-maintained yet welcomes cosmetic updates and personal touches, making it ideal for those looking to modernise. Current features include double glazing and gas central heating, while the spacious fitted kitchen provides essential appliances alongside ample storage. The lounge flows into a dining area and conservatory, creating adaptable living spaces filled with natural light — perfect for relaxed family living or entertaining guests. With some reconfiguration and extension possibilities (subject to planning permission), this home offers significant renovation potential in a desirable location close to Derby city centre, local parks, and key amenities. Outside, the south-facing garden is private and tranquil, providing an inviting retreat with its landscaped areas ideal for gatherings or quiet relaxation.

Investment Analysis

(DE22 area)

Above Market Value

This property is priced +1.0% above area average per sq ft

+1.0%
This Property
£249/sq ft
Area Average
£247/sq ft
Avg Rent (weekly)
£196
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£272,400
10% above area average per sq ft
Potential ROI
-6.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
66
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (DE22)

Area prices are falling by -3.2% over the last 12 months
3 year growth: +7.9%
5 year growth: +18.7%
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

Radbourne Street, Derby DE22
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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
£892
Based on a loan of £187,500 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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