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Aldreds Lane, Heanor

East Midlands

£180,000
Listed on 09/11/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom detached home presents a significant opportunity for renovation in a desirable location. Nestled on a generous plot, the property boasts off-street parking with a double driveway, as well as a spacious rear garden that offers ample outdoor space for potential landscaping or extensions. Inside, the layout includes a sizeable lounge and a kitchen diner that can easily be reimagined to suit modern living needs. The property requires comprehensive renovation, providing an ideal blank canvas for buyers with vision who wish to update the interior to their personal taste or enhance its market value. The location is one of its standout features, situated in a sought-after area known for its community atmosphere and accessibility to amenities. This makes it an attractive prospect not just for homeowners looking to create their dream residence but also for investors seeking to capitalize on the growing demand in the housing market. As you consider this project, keep in mind the potential it holds for both personal enjoyment and future resale value. With strategic updates and renovations, this home could transform into a highly desirable asset. To explore this opportunity further, viewings can be arranged through Hall and Benson.

Investment Analysis

(DE75 area)
Area Average
£233/sq ft
Avg Rent (weekly)
£193
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (DE75)

Area prices are falling by +4.1% over the last 12 months
3 year growth: 11.2%
5 year growth: 35.3%
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.

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Location

Aldreds Lane, Heanor
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