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Victoria Street, South Normanton, DE55

East Midlands

£75,000
Listed on 20/01/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
723 sqft

Description

This traditional two-bedroom terraced house presents a promising opportunity for those looking to invest in a property with renovation potential. Located conveniently near major transport links A38 and M1, as well as local schools and village amenities, this home is offered with no upward chain, making it ideal for both DIY enthusiasts and investors alike. The property features gas central heating and UPVc double glazing throughout. Internally, the layout includes a lounge leading to a dining kitchen equipped with wooden effect cabinets and necessary plumbing, alongside a family bathroom with essential fixtures. Upstairs are two spacious double bedrooms filled with natural light. Outside, the rear yard consists of a concrete patio and lawn area that requires attention, offering potential for landscaping or outdoor improvements. This property is an excellent canvas awaiting your personal touch or investment strategy.

Investment Analysis

(DE55 area)

Below Market Value

This property is priced -53.8% below area average per sq ft

-53.8%
Potential saving
This Property
£104/sq ft
Area Average
£225/sq ft
Avg Rent (weekly)
£188
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£178,545
10% above area average per sq ft
Potential ROI
+78.5%
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
42%
Properties sold annually

Local Market Trend (DE55)

Area prices are rising by +5.5% over the last 12 months
3 year growth: +4.4%
5 year growth: +24.5%
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

Victoria Street, South Normanton, DE55
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£270
Based on a loan of £56,250 over 30 years at 4.06% 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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