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Birchwood Lane, Somercotes, DE55 - Image 1
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Birchwood Lane, Somercotes, DE55

East Midlands

£240,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached home is situated on a spacious plot in a desirable residential area of Derbyshire. It presents an excellent opportunity for buyers looking to invest in a property that offers considerable potential for further enhancements. The house has been recently rewired and replastered, featuring a brand-new kitchen that creates a modern starting point for any renovation plans. Internally, the layout includes an entrance hall, lounge with dual aspect windows, and a utility-ready kitchen. The first floor accommodates three well-proportioned double bedrooms alongside a family bathroom that may require some updating. The external area boasts ample driveway parking and a generous front lawn with the possibility of expanding parking capacity (pending planning permission). The expansive rear garden offers additional space for potential extensions or landscaping improvements, surrounded by timber fencing which makes it suitable for families with children or pets. This property is an appealing choice for those seeking to create their ideal family home while capitalizing on its location and existing features.

Investment Analysis

(DE55 area)
Area Average
£225/sq ft
Avg Rent (weekly)
£188
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
42%
Properties sold annually

Local Market Trend (DE55)

Area prices are rising by +5.5% over the last 12 months
3 year growth: +4.4%
5 year growth: +24.5%
Investment Disclaimer: Analysis based on DE55 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

Birchwood Lane, Somercotes, DE55
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£866
Based on a loan of £180,000 over 30 years at 4.06% 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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