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About This Property

Discover what makes this home special

The Thespian is a charming detached three-bedroom family home located in the desirable Midway area of Derbyshire. Priced at £294,950, this property offers a well-thought-out layout with a spacious living room featuring a bay window, a modern kitchen/dining area with access to the rear garden, and two bathrooms including an en-suite to the master bedroom. The home benefits from ample storage space and a cloakroom on the ground floor, making it practical for everyday living.

Situated on plot number 315 within a well-planned development, The Thespian enjoys a south-east facing rear garden that captures morning and early afternoon sunlight, perfect for outdoor relaxation. The location offers a balance of peaceful suburban living with convenient access to Derby city centre, local schools, and transport links, making it ideal for families and professionals alike.

Property Features

This property stands out with its detached status providing privacy and space. The three bedrooms include a master with an en-suite bathroom, enhancing comfort for the household. The spacious living room with a bay window adds character and natural light, while the kitchen/dining area opens onto the garden, creating a seamless indoor-outdoor flow. Additional features such as a cloakroom and storage cupboard add to the home's functionality. The south-east facing garden ensures good sunlight exposure, particularly in the morning and early afternoon.

DetachedThree BedroomsTwo BathroomsEn-suiteBay WindowKitchen/Dining Room+4

Local Amenities

The Thespian benefits from proximity to a range of local amenities suitable for families and commuters. Midway Primary School and John Flamsteed Community School provide excellent educational options nearby. The local shops and post office cater to daily needs, while the Midway Medical Centre offers convenient healthcare services. Markeaton Park, a large green space with recreational facilities, is just a short drive away, ideal for outdoor activities. Derby city centre is easily accessible, offering extensive shopping, dining, and entertainment options, along with the main train station connecting to major cities.

Midway Primary SchoolJohn Flamsteed Community SchoolDerby City CentreMidway Post OfficeLocal ShopsMidway Medical Centre+2
Midland Railway - Derby Station Train Station (3.5 miles, 10 mins drive) • 10 mins by car, 15 mins by train to Derby

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£294,950
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
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Purchase Costs
Total Price£294,950
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Moderate Opportunity
65/100
ChallengingModerateGoodExcellent
Stable local housing market
Limited direct international transport links
Good rental demand from local professionals

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
Specialist international mortgagesSpeak to a broker experienced with non-UK resident buyers
Get Advice
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£294,950
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Full Management (10%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
5.4%
Based on £1,327/mo rent
Area Price Growth
+4.6%
Average annual increase
5-Year Value Forecast
£368,618
+£73,668 projected gain
5-Year Rent Forecast
£1,678/mo
Based on 4.8% annual growth
Price per Sq Ft£268
Annual Rent Income£15,924
10-Year ROI216%
Break-Even Point16 yrs

Property Value Projection

Based on 4.6% annual growth
£368,618
5yr
£460,685
10yr
£575,747
15yr
£719,548
20yr
£899,265
25yr
Current: £294,950

Monthly Rental Income

Based on 4.8% annual growth
£1,678
5yr
£2,121
10yr
£2,681
15yr
£3,389
20yr
£4,285
25yr
Current: £1,327/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Floorplans

Ground Floor

Property Floorplan

Site Plan

Site Plan

Location

Commute Time Planner

Derby
15 mins
10 mins
Nottingham
30 mins
35 mins
Birmingham New Street
1h 5m
1h 15m

Sun Path & Natural LightAI generated - Estimated

NESW
South-East-Facing Excellent
6h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Living Room
Morning Excellent
Afternoon Moderate
Evening Low
Kitchen/Dining
Morning Good
Afternoon Excellent
Evening Moderate
Master Bedroom
Morning Good
Afternoon Moderate
Evening Low

Location Scores

45
Walk Score
Car-Dependent
55
Transit Score
Good Transit
50
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Commercial/Residential+Positive Impact
Derby City Centre Regeneration
3.5 milesEst. 2025
* Information based on local planning applications and may be subject to change
£294,950
Available
View Location Analytics

The Thespian

Midway, Derbyshire, DE11 7FQ
Springwood
3
Bedrooms
2
Bathrooms
1,100
Est. Sq ft
detached
Type

Developer

Bellway
Available Plot Numbers
315
1 plot(s) available
Ownershipfreehold

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£294,950The Thespian

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The Thespian
The ThespianMidway£294,950

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