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Meadow Lane, South Normanton, DE55 - Image 1
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Meadow Lane, South Normanton, DE55

East Midlands

£475,000
Listed on 25/01/2026

Property Details

Bedrooms
5
Type
Detached house
Area
2128 sqft

Description

This property presents an intriguing opportunity for prospective buyers, featuring a five-bedroom detached residential space alongside a versatile commercial clubhouse that offers various potential uses pending planning approval. Nestled within a total plot of 1.102 acres, this unique mixed-use property could be ideal for those looking to invest in residential development or adapt the commercial element into a productive space such as an annexe, home office, or community facility. The residential section has been combined from two semi-detached houses into a spacious family home which includes multiple reception areas, an expansive dining kitchen, and five bedrooms with bathroom facilities. The commercial clubhouse adds further appeal with its dedicated spaces including toilets and a sizeable club room that could cater to numerous activities. With existing residential use and potential for enhancement through renovation and redevelopment, this property stands out as a valuable investment prospect in the East Midlands.

Investment Analysis

(DE55 area)

Below Market Value

This property is priced -0.6% below area average per sq ft

-0.6%
Potential saving
This Property
£223/sq ft
Area Average
£225/sq ft
Avg Rent (weekly)
£188
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£525,510
10% above area average per sq ft
Potential ROI
-5.3%
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

Meadow Lane, 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
£1,713
Based on a loan of £356,250 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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