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Hassock Lane, Heanor

East Midlands

£325,000
Listed on 06/03/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1294 sqft

Description

This well-sized three-bedroom detached dormer bungalow presents a significant opportunity for renovation and personalisation, set on a generous plot in the desirable area of Shipley. The home features a spacious driveway capable of accommodating multiple vehicles and potential space for additional parking options such as a caravan or motorhome. The rear garden opens to scenic views, offering ample scope for landscaping or future development, subject to necessary permissions. With approximately 1,294 sq. ft of flexible living space, the property is ideal for families or those looking to downsize while maintaining options for updates or expansions. The interior boasts a bright living room with garden views, a versatile dining area that connects seamlessly with the kitchen, and three well-proportioned bedrooms with multiple usage possibilities including offices or guest rooms. The existing bathroom is functional but could benefit from modernisation, providing an opportunity to enhance comfort and style throughout the home. This property represents an excellent chance for buyers seeking to invest in a long-term residence they can truly make their own, located near Shipley Country Park and essential local amenities. Viewing is encouraged to fully appreciate its potential.

Investment Analysis

(DE75 area)

Above Market Value

This property is priced +11.8% above area average per sq ft

+11.8%
This Property
£251/sq ft
Area Average
£225/sq ft
Avg Rent (weekly)
£192
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£319,909
10% above area average per sq ft
Potential ROI
-14.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (DE75)

Area prices are stable by -1.2% over the last 12 months
3 year growth: +10.3%
5 year growth: +36.5%
Investment Disclaimer: Analysis based on DE75 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

Hassock Lane, Heanor
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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
£1,172
Based on a loan of £243,750 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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