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Birchwood Lane, Somercotes, DE55

East Midlands

£225,000

Listed on 28/12/2025

Property Details

Bedrooms
3
Type
Semi Detached

Description

This three-bedroom semi-detached home offers a generous plot in a desirable residential area, making it an appealing option for buyers interested in renovation and investment. The property has undergone significant improvements, including a complete rewire and replastering, along with a newly installed kitchen. Internally, the layout comprises an Entrance Hall, Lounge with dual aspect windows providing ample natural light, and a Kitchen equipped with essential units. There's also a Garage/Workshop space ideal for conversion or additional storage. Upstairs features three spacious double bedrooms and a family bathroom that may require some updating. The exterior space is notable, featuring driveway parking suitable for multiple vehicles at the front and an expansive lawn that could be transformed into further parking (subject to planning permission). The enclosed rear garden presents opportunities for extension or landscaping enhancements (subject to planning permissions), appealing to families and pet owners alike. Overall, this property stands as a blank canvas ready for personalisation and value-adding renovations.

Investment Analysis

(DE55 area)
Area Average
£225/sq ft
Avg Rent (weekly)
£196
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
64
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (DE55)

Area prices are falling by -3.4% over the last 12 months
3 year growth: -2.7%
5 year growth: +14.6%
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

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£803
Based on a loan of £168,750 over 30 years at 3.97% 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.

Stamp Duty Calculator

Price History

-10.0% since listed
£225,000£15,000(-6.3%)
01/05/2026
Current price
£240,000£5,000(-2.0%)
07/01/2026
£245,000£5,000(-2.0%)
27/09/2025
£250,000Initial listing
03/07/2025

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