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Elm Street, Borrowash

East Midlands

£250,000
Listed on 06/03/2026

Property Details

Bedrooms
3
Type
Detached house

Description

This extended three-bedroom detached chalet bungalow, located in the desirable village of Borrowash, offers promising renovation potential. The home features a versatile layout across two levels, making it an excellent choice for families seeking to personalize their living space. The ground floor includes a welcoming entrance hall that leads to a spacious lounge with a feature fireplace, a functional kitchen/diner with ample dining space, and convenient utility facilities. There's also a ground floor bedroom and shower room. Upstairs, two further bedrooms and a separate W.C. provide additional accommodation options. Externally, the property is secured by electric gates leading to off-road parking and a detached garage, enhancing its practicality. The south-facing rear garden boasts a large patio area and an attractive pergola, perfect for outdoor entertaining or future landscaping projects. Situated near local shops, healthcare services, and excellent transport links including the M1 motorway and East Midlands Airport, this property not only presents immediate comfort but also significant investment potential by modernizing or reconfiguring the existing layout to align with contemporary living standards. With no onward chain, this is an ideal opportunity for those looking to add value through refurbishment.

Investment Analysis

(DE72 area)
Area Average
£294/sq ft
Avg Rent (weekly)
£243
Avg Yield
3.8%

Renovation Potential

Medium 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
19
Average per month
Market Turnover
73%
Properties sold annually

Local Market Trend (DE72)

Area prices are stable by -1.1% over the last 12 months
3 year growth: -6.0%
5 year growth: +8.1%
Investment Disclaimer: Analysis based on DE72 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

Elm Street, Borrowash
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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
£902
Based on a loan of £187,500 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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