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Carter Lane East, South Normanton, DE55 - Image 1
Carter Lane East, South Normanton, DE55 - Image 2
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Carter Lane East, South Normanton, DE55

East Midlands

£185,000
Listed on 13/12/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This detached bungalow, featuring two spacious double bedrooms, presents a compelling opportunity for modernization in a desirable residential area. The property is offered with no upward chain and is strategically located with convenient access to major roadways like the A38 and M1 Motorway. Inside, the layout includes an entrance porch, an L-shaped hallway leading to a lounge with an open fire, a dining kitchen equipped with essential amenities, and a family bathroom. Each bedroom benefits from ample natural light courtesy of UPVc double glazing. Externally, the bungalow features a block-paved driveway for off-road parking and a single garage. The rear garden includes two useful storage rooms, providing potential for enhancement or re-purposing. This property is ideal for investors or homeowners looking to create a personalized living space that capitalizes on its existing structure and location.

Investment Analysis

(DE55 area)
Area Average
£228/sq ft
Avg Rent (weekly)
£180
Avg Yield
4.3%

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
53
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (DE55)

Area prices are rising by +5.1% over the last 12 months
3 year growth: 5.2%
5 year growth: 24.0%
Investment Disclaimer: Analysis based on DE55 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

Carter Lane East, South Normanton, DE55
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£678
Based on a loan of £138,750 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