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Summer Lane, Wirksworth

East Midlands

£475,000
Listed on 29/12/2025

Property Details

Bedrooms
4
Type
Detached house

Description

Located in a highly regarded area of Wirksworth, this spacious four/five bedroom dormer bungalow provides flexibility in layout and substantial potential for renovation. While the property is currently in need of modernisation, it presents an exciting opportunity to transform it into a remarkable family home. The accommodation features gas central heating and double glazed windows throughout, comprising a welcoming entrance hallway, an open-plan dining kitchen, a large living room, a ground floor bedroom, a guest cloakroom, and an adaptable space that can serve as a study or an additional bedroom. The first floor hosts the main bedroom with its own en-suite shower room, two further double bedrooms, and a family bathroom. Outside, the attractive rear garden includes both a paved patio area for outdoor entertaining and a sizable lawn, with steps leading to another section that offers further development potential. The property is conveniently situated just a short flat walk from local amenities in Wirksworth and provides off-road parking via a garage and driveway suitable for multiple vehicles. This property is offered with no upward chain and merits an early viewing for those interested in investment opportunities within this vibrant community.

Investment Analysis

(DE4 area)
Area Average
£302/sq ft
Avg Rent (weekly)
£268
Avg Yield
4.8%

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
37
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (DE4)

Area prices are falling by +4.0% over the last 12 months
3 year growth: -4.0%
5 year growth: 11.2%
Investment Disclaimer: Analysis based on DE4 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

Summer Lane, Wirksworth
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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
£1,740
Based on a loan of £356,250 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