Letting agents in Spondon
Full management for landlords in Spondon, from our office on Friar Gate in Derby. 8% of the rent, no set-up fee and no VAT. We find and reference the tenant, collect the rent, inspect the property and keep your paperwork right.
Rents in Derby
Average monthly rent by number of bedrooms, September 2026.
Office for National Statistics, Price Index of Private Rents. Covers new and existing tenancies across the Derby council area, which includes Spondon. New lets often achieve more.
Get a rent estimate for your propertyRental yields in Spondon
What a typical home costs to buy in Spondon, what it rents for, and the gross yield.
| Type of home | Median sold price | Average rent a month | Gross yield |
|---|---|---|---|
| Detached house | £267,500 | £1,092 | 4.9% |
| Semi-detached house | £227,500 | £925 | 4.9% |
| Terraced house | £178,000 | £856 | 5.8% |
Sold prices: HM Land Registry, Spondon, the 12 months to the end of July 2026. Rents: ONS, Derby, September 2026. Gross yield is a year's rent divided by the price, before any costs. Buying to let? Option Finance arranges buy to let mortgages, with no broker fee if you are buying or selling with us.
What full management costs in Spondon
On the average rent of £871 a month.
Option Estates
£836
in the first year. 8% of the rent, no VAT, no set-up fee, nothing extra for inspections, notices or renewals.
Typical high street
£1,734
in the first year at 12% including VAT plus a £480 set-up fee, before extra charges.
Comparison uses the published fully managed fees of a national agency's Derby branch, checked 22 October 2026.
Included for every Spondon landlord
- Marketing with professional photos and a live walk-through video on our social media.
- Referencing and right to rent checks on every tenant.
- Rent collected and paid to you each month, with statements in your landlord portal.
- Check-in, check-out and regular inspections, with photos in your portal.
- Gas safety, electrical and EPC reminders before anything runs out.
- Rent reviews, notices and renewals done properly under the Renters' Rights Act.
What tenants look for in Spondon
Good transport and good schools keep homes let and tenants staying longer.
Spondon station
On the Derby to Nottingham line. Off-peak there is one train an hour to Matlock via Derby, plus trains every two hours to Lincoln and to Cleethorpes via Nottingham.
Buses
trentbarton's indigo runs 24 hours a day from Derby Bus Station via Spondon Lane End, Borrowash and Draycott to Long Eaton, Beeston and Nottingham.
Trains from Derby station
London St Pancras from 1 hour 25 minutes, with up to 53 trains a day. Nottingham, Sheffield and Birmingham New Street typically 30 to 40 minutes.
Schools
- West Park School, secondary, Ofsted standards maintained, previously Good
- Asterdale Primary School, primary, Ofsted strong standard in four areas, Expected standard elsewhere
- Borrow Wood Primary School, primary, Ofsted good, with Outstanding behaviour and personal development
- Springfield Primary School, primary, Ofsted continues to be a good school
Selling instead? See sold prices and our sales service in Spondon.
Questions landlords in Spondon ask
How much rent can I get for a two bedroom home in Spondon?
The average rent for a two bedroom home in the Derby council area was £788 a month in September 2026, from Office for National Statistics figures. New lets often achieve more than the average, and condition, parking and the exact street all make a difference. Our free rent estimate gives you a starting figure.
What does a letting agent cost in Spondon?
With Option Estates, full management is 8% of the rent with no VAT and no set-up fee. On the average rent in the Derby council area of £871 a month, that is £836 for the first year. At 12% including VAT plus a £480 set-up fee, the first year would cost £1,734.
What rental yield can I get in Spondon?
Using the average rent for the Derby council area and the median sold price in Spondon, terraced houses give the highest gross yield, at about 5.8%. That is before costs such as the mortgage, repairs, insurance and management. Yields vary a lot from street to street.
Do you offer tenant find only in Spondon?
No. We only offer full management, because we stand behind the tenant we choose for the whole tenancy. That includes rent collection, inspections, repairs, certificate reminders and keeping your paperwork right under the Renters' Rights Act.