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Fletcher Street, Heanor

East Midlands

£130,000
Listed on 23/10/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom Edwardian terraced home in Heanor, Derbyshire, presents a compelling opportunity for renovation and investment. The property maintains many of its original architectural features, which offer a unique charm and character that can be enhanced through thoughtful updates. As you step inside, the spacious entrance hall leads you to a well-proportioned lounge and dining room, each showcasing classic design elements typical of the Edwardian era. The kitchen, while in need of modernisation, offers ample space for reconfiguration or expansion. Upstairs, three bedrooms provide generous sleeping quarters with potential for creative redesign to suit contemporary living standards. The overall layout benefits from natural light and maintains a sense of spaciousness throughout. Although some updating is required, the solid structure and period aesthetics provide an ideal foundation for those looking to infuse personal style and modern conveniences into the home. Situated in a central location, the property enjoys easy access to local amenities as well as strong transport links to nearby towns and cities. This makes it not only appealing for personal use but also an attractive prospect for investors seeking to enhance property value in a desirable area. With careful renovation, this home could become a standout residence that beautifully marries historical character with modern functionality.

Investment Analysis

(DE75 area)
Area Average
£221/sq ft
Avg Rent (weekly)
£183
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Fletcher Street, Heanor
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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
£476
Based on a loan of £97,500 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