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Boulton Lane, Derby DE24

East Midlands

£180,000

Listed on 14/06/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
848 sqft

Description

Located in the sought-after area of Alvaston, this three-bedroom semi-detached house on Bouton Lane is ripe for a comprehensive refurbishment, presenting an ideal canvas for those looking to invest in a renovation project. The property features a spacious lounge, a dining room with sliding doors leading to a generous rear garden, and a practical kitchen that provides additional access to the side of the home. As you ascend to the first floor, you'll find three bedrooms—two doubles and one single—offering flexible living arrangements. A shower room completes this level, waiting for modernization to meet contemporary standards. The outdoor space is another highlight, with ample lawn area and a shed that can be repurposed or removed to enhance the garden's appeal. With potential for both landscaping and possible extensions (subject to planning), this property stands out as an excellent opportunity for investors or families eager to create their dream home from scratch. Alvaston itself is a family-friendly suburb of Derby known for its convenient amenities, schools, and easy transport links into the city centre, making it an attractive locale for prospective buyers.

Investment Analysis

(DE24 area)

Below Market Value

This property is priced -9.8% below area average per sq ft

-9.8%
Potential saving
This Property
£212/sq ft
Area Average
£235/sq ft
Avg Rent (weekly)
£204
Avg Yield
5.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£45,000 - £75,000
Target Value
£219,628
10% above area average per sq ft
Potential ROI
-13.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
49
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (DE24)

Area prices are falling by -5.1% over the last 12 months
3 year growth: +3.3%
5 year growth: +21.3%
Investment Disclaimer: Analysis based on DE24 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

Boulton Lane, Derby DE24
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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
£680
Based on a loan of £135,000 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.

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