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Deans Drive, Borrowash, Derby DE72

East Midlands

£325,000

Listed on 29/05/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
865 sqft

Description

This two-bedroom detached bungalow, nestled in a tranquil and established area of Borrowash, presents an excellent investment opportunity. Overlooking a park, the property's generous plot is not only adorned with a private rear garden but also offers substantial potential for expansion or redevelopment, including the possibility of incorporating an annex or converting the loft (subject to planning permission). The interior is thoughtfully arranged, featuring a spacious living room that boasts park views and includes a classic fireplace. The adjoining snug serves as a versatile space perfect for dining or additional relaxation. A fitted kitchen diner with direct access to the rear garden enhances practicality, complemented by an adjoining utility room. Both double bedrooms are well-sized and equipped with built-in storage, while the modern bathroom adds convenience. With off-road parking for three vehicles and a single garage at the front, this property not only stands out due to its location but also the ample outdoor space it offers for future enhancements.

Investment Analysis

(DE72 area)

Above Market Value

This property is priced +26.0% above area average per sq ft

+26.0%
This Property
£376/sq ft
Area Average
£298/sq ft
Avg Rent (weekly)
£219
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£283,737
10% above area average per sq ft
Potential ROI
-23.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (DE72)

Area prices are stable by +0.4% over the last 12 months
3 year growth: -8.3%
5 year growth: +5.9%
Investment Disclaimer: Analysis based on DE72 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

Deans Drive, Borrowash, Derby DE72
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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
£1,228
Based on a loan of £243,750 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

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