Worst House on the Street Logo
Stanley Street, Somercotes - Image 1
Stanley Street, Somercotes - Image 2
Stanley Street, Somercotes - Image 3
Stanley Street, Somercotes - Image 4
Stanley Street, Somercotes - Image 5
Stanley Street, Somercotes - Image 6
Stanley Street, Somercotes - Image 7
Stanley Street, Somercotes - Image 8
Stanley Street, Somercotes - Image 9
Stanley Street, Somercotes - Image 10
Stanley Street, Somercotes - Image 11
Stanley Street, Somercotes - Image 12

Stanley Street, Somercotes

East Midlands

£125,000

Listed on 01/01/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1055 sqft

Description

This three double-bedroom property, available with no chain, presents an excellent opportunity for first-time buyers or investors looking to expand their portfolio. Spanning three levels, the ground floor features two spacious reception areas and a practical kitchen, offering adaptable living and dining options. The first floor accommodates two generously sized double bedrooms along with a family bathroom that includes a shower over the bath. On the second floor, you'll find a large double bedroom that benefits from additional storage space. Outside, the rear garden is substantial and primarily lawned, complemented by a brick-built outhouse equipped with a WC and sink. At the garden's end lies another plot with an outbuilding, perfect for creating a secure play area for children or developing into an allotment or workshop. This property showcases significant potential for renovation both internally and externally, making it an appealing project for those willing to invest time and resources.

Investment Analysis

(DE55 area)

Below Market Value

This property is priced -47.4% below area average per sq ft

-47.4%
Potential saving
This Property
£118/sq ft
Area Average
£225/sq ft
Avg Rent (weekly)
£192
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£261,345
10% above area average per sq ft
Potential ROI
+68.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
52
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (DE55)

Area prices are falling by -5.5% over the last 12 months
3 year growth: -4.7%
5 year growth: +11.8%
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

Stanley Street, Somercotes
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£472
Based on a loan of £93,750 over 30 years at 4.45% 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.

Stamp Duty Calculator

Price History

-3.8% since listed
£125,000£4,950(-3.8%)
17/02/2026
Current price
£129,950Initial listing
02/01/2026

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates