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Lambrook Close, Mickleover, DE3

East Midlands

£305,000
Listed on 12/11/2025

Property Details

Bedrooms
3
Type
Detached house
Area
868 sqft

Description

This three-bedroom detached residence is a rare find, set on a generous plot at the end of a peaceful cul-de-sac. It boasts appealing views of open green space and a spacious south-facing garden, making it an ideal family home with considerable potential for extensions or redevelopment, pending necessary planning approvals. The entrance hallway leads into a bright lounge featuring a fireplace, while the sizable kitchen diner is equipped with integrated appliances and provides direct access to the rear garden – offering versatility for family activities and social gatherings. Upstairs, you will discover three well-sized bedrooms, two of which include fitted storage solutions, alongside a contemporary family bathroom enhanced with stylish finishes. Outside, the property is defined by its expansive grounds; the front garden features established greenery and a long driveway that accommodates a detached garage supplied with power and lighting. The rear garden is sunlit throughout the day, featuring a paved patio suitable for al fresco dining, along with a shaped lawn bordered by mature plants and additional side space housing a large timber shed. This home is conveniently situated near local shops and schools while retaining proximity to beautiful countryside areas—making it perfect for families seeking both comfort and growth potential in their living space.

Investment Analysis

(DE3 area)

Above Market Value

This property is priced +17.6% above area average per sq ft

+17.6%
This Property
£351/sq ft
Area Average
£299/sq ft
Avg Rent (weekly)
£288
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£285,247
10% above area average per sq ft
Potential ROI
-16.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
91%
Properties sold annually

Local Market Trend (DE3)

Area prices are stable by -0.1% over the last 12 months
3 year growth: +1.4%
5 year growth: +16.9%
Investment Disclaimer: Analysis based on DE3 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

Lambrook Close, Mickleover, DE3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,100
Based on a loan of £228,750 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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