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Morley Road, Oakwood DE21

East Midlands

£375,000

Listed on 14/06/2026

Property details

Bedrooms
3
Type
Detached

Description

This distinctive detached residence is set on an expansive plot, offering a unique opportunity for renovation and investment. Situated in the sought-after Oakwood area, this three-bedroom home combines character with functionality, making it highly appealing to various buyers. The property benefits from proximity to local amenities, reputable schools, and excellent transport connections, while its location adjacent to open green spaces provides added privacy and a pleasant outlook. Upon entering, you are greeted by a spacious entrance hall leading into a charming bay-fronted living room that features a decorative mantelpiece as its focal point. The separate dining room includes lovely paneling and an inset stove, creating an inviting space for gatherings. A snug area with a vaulted ceiling and French doors adds to the charm, ideal for enjoying natural light and garden views. The kitchen comes equipped with solid oak worktops and a Belfast sink, though there is potential for modern updates or reconfiguration to enhance functionality further. A utility corridor enhances practicality on the ground floor. Upstairs, there are three generously-sized double bedrooms serviced by a bathroom suite. The outdoor space is truly remarkable with an extensive rear garden that captures plenty of sunlight and features mature trees and shrubs—an ideal setting for further development or extensions (subject to planning permission). A driveway provides off-road parking for several vehicles. This property is ready for immediate occupation but holds immense potential for creative renovations to maximise both space and value.

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Investment analysis

(DE21 area)
Area Average
£259/sq ft
Avg Rent (weekly)
£218
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
52
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (DE21)

Area prices are stable by +1.1% over the last 12 months
3 year growth: +4.7%
5 year growth: +13.9%
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

Morley Road, Oakwood DE21
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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
£1,417
Based on a loan of £281,250 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

Price History

-6.3% since listed
£375,000£25,000(-6.3%)
30/05/2026
Current price
£400,000Initial listing
12/05/2026

Next Steps

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