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Belvoir Way, Somercotes

East Midlands

£140,000
Listed on 16/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
708 sqft

Description

This three-bedroom end-of-terrace house in the sought-after village of Somercotes, Derbyshire, is not only available with no onward chain but also presents an enticing canvas for renovation enthusiasts or investors. The property's practical layout includes a spacious lounge that flows into a kitchen and dining area, ideal for reimagining into a modern, functional living space that reflects your style. Upstairs, you'll find three versatile bedrooms that can be adapted to various needs, whether as additional sleeping areas or dedicated home offices. The family bathroom offers potential for updates to enhance functionality and aesthetics. Outside, the garage and driveway provide off-road parking solutions while the rear garden presents scope for landscaping or low-maintenance outdoor enjoyment. With local amenities and transport links just a stone's throw away, this property offers both convenience and considerable investment potential for those willing to make improvements.

Investment Analysis

(DE55 area)

Below Market Value

This property is priced -14.0% below area average per sq ft

-14.0%
Potential saving
This Property
£198/sq ft
Area Average
£230/sq ft
Avg Rent (weekly)
£184
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£179,124
10% above area average per sq ft
Potential ROI
+8.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
37%
Properties sold annually

Local Market Trend (DE55)

Area prices are rising by +5.4% over the last 12 months
3 year growth: 4.6%
5 year growth: 24.6%
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

Belvoir Way, Somercotes
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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
£513
Based on a loan of £105,000 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.

Next Steps

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