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Hillside Rise, Belper

East Midlands

£180,000

Listed on 01/10/2025

Property Details

Bedrooms
2
Type
Terraced

Description

This two-bedroom home in an elevated area of Belper presents a promising opportunity for those looking to invest in a property with renovation potential. With no upward chain, this residence is ready for new owners to add their personal touch. The accommodation includes a lounge and separate dining room, both benefitting from natural light and pleasant views. The kitchen, while functional, may require updates to meet modern standards. Upstairs, two spacious double bedrooms are accompanied by a family bathroom that could use some refurbishment. Externally, the property features front and rear gardens, as well as an outbuilding that holds potential for conversion into a workspace or studio. On-street parking is conveniently available nearby. This property is ideal for buyers eager to embark on a renovation project and make it their own.

Investment Analysis

(DE56 area)
Area Average
£299/sq ft
Avg Rent (weekly)
£224
Avg Yield
3.9%

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
34
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (DE56)

Area prices are falling by -3.7% over the last 12 months
3 year growth: -3.7%
5 year growth: +4.7%
Investment Disclaimer: Analysis based on DE56 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

Hillside Rise, Belper
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£680
Based on a loan of £135,000 over 30 years at 4.45% 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

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