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Neslea, Bermuda Avenue, Little Eaton, Derby DE21 5DG - Image 1
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Neslea, Bermuda Avenue, Little Eaton, Derby DE21 5DG

East Midlands

£180,000
Listed on 24/03/2026

Property Details

Bedrooms
N/A
Type
Detached Bungalow

Description

This property presents an intriguing opportunity for residential development in a tranquil cul-de-sac at the edge of Little Eaton. The site has recently secured planning permission from Erewash Borough Council (ref: ERE/0825/0020) for a modern three-bedroom detached home, allowing for the demolition of existing structures which include a sizable timber shed or summerhouse. The approved design features a welcoming entrance hall, spacious living and dining areas that flow into an open-plan kitchen, along with a principal bedroom complete with an en-suite bathroom. Upstairs, two generously sized double bedrooms share a family bathroom, complemented by a large void over the landing. The property occupies nearly 0.25 acres of flat land, making it suitable for bespoke landscaping to enhance the new build. Little Eaton is highly sought after, known for its local amenities such as primary schools, shops, and scenic parks, with easy access to Derby via the A38.

Investment Analysis

(DE21 area)
Area Average
£262/sq ft
Avg Rent (weekly)
£221
Avg Yield
4.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
61
Average per month
Market Turnover
143%
Properties sold annually

Local Market Trend (DE21)

Area prices are rising by +3.9% over the last 12 months
3 year growth: +4.8%
5 year growth: +16.0%
Investment Disclaimer: Analysis based on DE21 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

Neslea, Bermuda Avenue, Little Eaton, Derby DE21 5DG
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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
£649
Based on a loan of £135,000 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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