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Barn Close, Castle Donington, DE74

East Midlands

£880,000
Listed on 29/12/2025

Property Details

Bedrooms
5
Type
Detached house

Description

This expansive property, located in the heart of Castle Donington, offers a unique investment opportunity with considerable renovation potential. Comprising a main residence, an annex, and a sizable unconverted barn, this site is ripe for redevelopment for both personal and business use, catering to owner-occupiers or developers looking to create additional living or commercial space. Upon entry, you are welcomed into a modest hallway leading to various character-filled rooms. The grand sitting room stands out with its high vaulted ceiling, exposed wooden beams, and an Inglenook ornamental fireplace that can be enhanced further. Adjacent to this is a cozy second sitting area with charming period features like a brick fireplace and oak flooring. The country-style kitchen-diner provides ample scope for modernisation while retaining its rustic charm. The property includes numerous bedrooms and bathrooms on the upper floor that allow flexibility in usage or reconfiguration to better meet contemporary needs. Particularly noteworthy is the annex which could serve as guest accommodation or rental space once updated. The unconverted barn presents an exciting canvas for conversion into residential units or commercial opportunities (subject to planning permissions), complete with utilities already connected. The extensive outdoor space includes an enclosed garden that not only adds privacy but also enhances the property's appeal. Overall, this property represents a substantial project with various avenues for enhancement and profit-making potential.

Investment Analysis

(DE74 area)
Area Average
£291/sq ft
Avg Rent (weekly)
£302
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£65,000 - £95,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (DE74)

Area prices are falling by +3.4% over the last 12 months
3 year growth: -4.4%
5 year growth: 21.8%
Investment Disclaimer: Analysis based on DE74 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

Barn Close, Castle Donington, DE74
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,224
Based on a loan of £660,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE