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Rugeley Avenue, Long Eaton

East Midlands

£240,000
Listed on 31/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
624 sqft

Description

This two-bedroom detached bungalow presents a promising opportunity for investors or those looking to personalize their living space. Nestled in a quiet cul-de-sac, the property benefits from gas central heating and double glazing, making it a practical choice for comfortable living. Internally, the layout includes an entrance hall leading to a lounge and inner hallway with access to the kitchen, shower room, and two bedrooms at the back. While the bungalow already offers off-road parking and an enclosed rear garden, it would significantly benefit from some updating, allowing new owners to implement their style and preferences. Positioned conveniently close to Long Eaton's amenities—including shops, healthcare facilities, parks, and excellent transport links—the location enhances its appeal further. The property's existing features provide a solid foundation for modernization and potential value enhancement.

Investment Analysis

(NG10 area)

Above Market Value

This property is priced +54.1% above area average per sq ft

+54.1%
This Property
£385/sq ft
Area Average
£250/sq ft
Avg Rent (weekly)
£191
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£171,360
10% above area average per sq ft
Potential ROI
-35.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
49
Average per month
Market Turnover
77%
Properties sold annually

Local Market Trend (NG10)

Area prices are falling by +2.5% over the last 12 months
3 year growth: 1.8%
5 year growth: 25.0%
Investment Disclaimer: Analysis based on NG10 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

Rugeley Avenue, Long Eaton
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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
£879
Based on a loan of £180,000 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