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High Lane East, West Hallam, Ilkeston - Image 1
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High Lane East, West Hallam, Ilkeston

East Midlands

£240,000
Listed on 18/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1096 sqft

Description

This chain-free dormer bungalow offers a prime investment opportunity with its generous three-bedroom layout and spacious gardens, both front and rear. The property, set back from the road, allows for a tranquil living environment while being conveniently located near local amenities in West Hallam. With excellent transport links and scenic walking paths nearby, this home presents significant potential for enhancement or reconfiguration. The accommodation features a welcoming hallway leading to a large living room with bay windows that invite natural light and provide open views. The expansive kitchen/diner acts as the heart of the home, presenting options for modernisation or structural changes based on your vision. Ground-floor conveniences include a well-sized bedroom, family bathroom, and a sun-filled conservatory that could be integrated into the main living area following appropriate permissions. The first floor comprises two additional bedrooms along with bonus space yet to be utilized, which opens avenues for expanding living quarters—pending necessary consents. Outside, the beautifully maintained garden serves as an ideal backdrop for outdoor gatherings and includes multiple seating areas amidst mature landscaping. The extensive driveway accommodates several vehicles and even offers hardstanding suitable for larger vehicles like caravans. This property stands out not only for its spaciousness and serene location but also for its vast potential to evolve into your dream home or an appealing rental investment.

Investment Analysis

(DE7 area)

Below Market Value

This property is priced -4.9% below area average per sq ft

-4.9%
Potential saving
This Property
£219/sq ft
Area Average
£230/sq ft
Avg Rent (weekly)
£186
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£277,710
10% above area average per sq ft
Potential ROI
-0.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
55
Average per month
Market Turnover
42%
Properties sold annually

Local Market Trend (DE7)

Area prices are rising by +3.9% over the last 12 months
3 year growth: 2.8%
5 year growth: 22.8%
Investment Disclaimer: Analysis based on DE7 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

High Lane East, West Hallam, Ilkeston
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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
£879
Based on a loan of £180,000 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.

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