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Buxton Avenue, Heanor, Derbyshire

East Midlands

£270,000
Listed on 19/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
883 sqft

Description

This detached three-bedroom home presents a noteworthy opportunity for renovation and investment, situated in close proximity to Shipley Country Park. While the property is currently in need of modernization, it offers a solid foundation and spacious layout, making it an attractive option for those looking to tailor their living space or capitalize on its rental potential. The entrance hallway provides access to the main living areas and features a convenient storage cupboard. The accommodation includes three well-proportioned bedrooms, each with ample natural light from UPVC windows. The largest bedroom benefits from secondary glazing, contributing to a quieter environment. The kitchen is equipped with fitted base and wall units, along with essential appliances and plumbing for a washing machine. It opens into a conservatory area that invites additional light and has potential as a multifunctional space. Adjacent to the kitchen is the lounge area, which boasts double glazed patio doors leading out to the rear garden—a feature that enhances connectivity between indoor and outdoor spaces. This area also offers a fireplace, ideal for creating a cozy atmosphere. A separate dining area complements the main living spaces, further adding versatility for family gatherings or entertaining guests. The bathroom features a four-piece suite with both a shower cubicle and panelled bath, along with opportunities for updates to reflect modern aesthetics. Outside, the property is surrounded by good-sized gardens at both front and rear. The front garden includes lawned areas and established trees, while the driveway provides off-street parking leading to a car port. The rear garden offers privacy with surrounding greenery—an inviting space that can be transformed into a beautiful outdoor retreat. Given its location near Shipley Country Park and the inherent renovation potential, this property represents an excellent investment opportunity for buyers eager to develop their vision or enhance its value in the future. With no upward chain in place, it stands ready for new ownership and creativity.

Investment Analysis

(DE75 area)

Above Market Value

This property is priced +38.5% above area average per sq ft

+38.5%
This Property
£306/sq ft
Area Average
£221/sq ft
Avg Rent (weekly)
£183
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£214,463
10% above area average per sq ft
Potential ROI
-30.8%
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

Buxton Avenue, Heanor, Derbyshire
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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
£989
Based on a loan of £202,500 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