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Carlyle Street, Heanor, DE75

East Midlands

£190,000
Listed on 12/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
924 sqft

Description

This three-bedroom detached home, set on a generous corner plot, presents a significant opportunity for those interested in renovation and investment. With substantial space and character, the property is primed for transformation, allowing you to imprint your personal style while enhancing its value. Inside, the layout features a spacious lounge that invites natural light, a kitchen/diner ideal for family meals, and a conservatory that connects seamlessly to the outdoor area. This bright space offers lovely views of the garden and serves as an excellent spot for relaxation or entertaining guests. The upper floor accommodates three well-sized bedrooms along with a family bathroom, providing ample living quarters for families or those seeking extra room. Having been owned by one family since 2007, this home carries a sense of history and warmth but is ready for modernization. While some updates are required to elevate its appeal further, it stands as a solid base from which new owners can explore their creative vision. The extensive outdoor area not only provides room for landscaping but also holds potential for extensions (subject to planning permission), making it suitable for various enhancements. Located in a community-oriented neighborhood, this property benefits from proximity to schools, parks, and local amenities—an attractive feature for growing families or future renters. Whether approached as an investment project or a residence looking to evolve over time, this home represents an excellent chance to secure a detached property with considerable growth potential. Schedule a viewing to fully appreciate the scale of this property and envision the possibilities it holds!

Investment Analysis

(DE75 area)

Below Market Value

This property is priced -6.9% below area average per sq ft

-6.9%
Potential saving
This Property
£206/sq ft
Area Average
£221/sq ft
Avg Rent (weekly)
£183
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£224,421
10% above area average per sq ft
Potential ROI
-2.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (DE75)

Area prices are falling by +4.3% over the last 12 months
3 year growth: 12.4%
5 year growth: 38.6%
Investment Disclaimer: Analysis based on DE75 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

Carlyle Street, Heanor, DE75
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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
£696
Based on a loan of £142,500 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