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Borrowell, Kegworth

East Midlands

£169,950
Listed on 12/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This two-bedroom property presents a valuable renovation opportunity in the sought-after village of Kegworth. It features two spacious reception rooms, a kitchen, a bathroom, a downstairs WC, and a generously sized garden. While the home requires refurbishment, this provides the chance for potential buyers to customize and enhance the space according to their preferences. The layout includes a good-sized lounge with a feature fireplace and neutral decor, while the dining room also boasts a fireplace, adding character to the living areas. The kitchen is equipped with a range of wall and base units and offers access to the rear garden through a porch. The property’s bedrooms include a well-proportioned double bedroom with front-facing views and double glazing, as well as a smaller double bedroom featuring fitted storage. The family bathroom is complete with essential amenities. Situated in Kegworth, residents benefit from excellent transport links. The area boasts easy access to Nottingham, Derby, Leicester, and even London via regular train services from East Midlands Parkway station. The proximity to major roadways like the M1 makes commuting straightforward. Additionally, local attractions such as Donington Park Motorsport Circuit and Nottingham East Midlands Airport add to its appeal. The exterior features an inviting front lawn that could potentially be transformed into off-road parking for added convenience. The rear garden offers further potential with space for landscaping or outdoor projects. This property not only suits first-time buyers looking for their ideal home but also represents an attractive investment opportunity for those interested in buy-to-let ventures. With strategic renovations, there is significant potential to increase its value in this desirable location.

Investment Analysis

(DE74 area)
Area Average
£291/sq ft
Avg Rent (weekly)
£302
Avg Yield
4.9%

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
13
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (DE74)

Area prices are falling by +3.4% over the last 12 months
3 year growth: -4.4%
5 year growth: 21.8%
Investment Disclaimer: Analysis based on DE74 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

Borrowell, Kegworth
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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
£623
Based on a loan of £127,462 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