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Peel Street, South Normanton, DE55

East Midlands

£80,000
Listed on 29/01/2026

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This two-bedroom semi-detached house presents a promising opportunity for buyers seeking a renovation project in the East Midlands. While the property is in need of comprehensive modernisation, its solid structure and classic features offer an excellent foundation for those with a vision for improvement. The traditional layout includes two spacious reception rooms, perfect for reimagining into inviting living spaces, alongside a kitchen that is ready for a complete redesign. Both bedrooms are well-sized, providing ample space for personal touches. A significant highlight is the expansive private garden, which can be transformed into a tranquil outdoor escape or an entertainment area tailored to your lifestyle needs. Situated in a desirable residential neighbourhood surrounded by schools, transport options, and local amenities, this home offers remarkable potential as both a personal residence and an investment opportunity. With creativity and effort, this property could become the ideal home you’ve been looking for.

Investment Analysis

(DE55 area)
Area Average
£225/sq ft
Avg Rent (weekly)
£188
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Peel Street, South Normanton, DE55
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£289
Based on a loan of £60,000 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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