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Spencer Road, Belper, Derbyshire DE56

East Midlands

£275,000

Listed on 13/05/2026

Property Details

Bedrooms
2
Type
Bungalow

Description

This detached bungalow is positioned conveniently close to Belper town centre and offers excellent access to public transport. Set on an expansive plot, it features south-facing gardens with stunning countryside views. The property is in need of significant modernisation throughout, presenting a prime opportunity for those looking to invest in renovations or extensions, pending the necessary approvals. With its generous dimensions and desirable location, it serves as a solid foundation for a long-term family home or investment in a sought-after neighbourhood. Upon entry, you're welcomed by a hallway that connects to two spacious bedrooms, the kitchen, bathroom, and lounge diner. The kitchen is equipped with essential units and provides access to the utility area. The lounge diner is a bright space that boasts picturesque views through large windows and could be transformed into an inviting gathering area with some updates. Both double bedrooms are well-sized, offering ample natural light. The shower room features practical amenities but would benefit from modernisation. Additional spaces include a utility room perfect for laundry tasks and a rear lobby leading directly to the garden. Externally, the property provides off-street parking through gates and access to a garage. The rear garden is particularly noteworthy; it's expansive and thoughtfully landscaped with various plants, multiple seating areas for entertaining, and practical storage solutions like sheds and greenhouses. This garden space holds great potential for further enhancement or landscaping options.

Investment Analysis

(DE56 area)
Area Average
£299/sq ft
Avg Rent (weekly)
£224
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (DE56)

Area prices are falling by -3.7% over the last 12 months
3 year growth: -3.7%
5 year growth: +4.7%
Investment Disclaimer: Analysis based on DE56 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

Spencer Road, Belper, Derbyshire DE56
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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
£1,039
Based on a loan of £206,250 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

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