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Chapel Street, Measham

East Midlands

£275,000
Listed on 16/04/2026

Property Details

Bedrooms
2
Type
Detached
Area
988 sqft

Description

This quaint two-bedroom detached cottage, steeped in over a century of history, is set within a generous plot that offers significant renovation potential. Currently sold with vacant possession and approved planning for a single-storey extension and garage, this property invites creativity and modernization from prospective buyers. The ground floor features two spacious reception rooms adorned with original fireplaces and charming exposed beams, providing a solid foundation for further enhancements. While the kitchen is equipped with fitted units, it presents an opportunity for updating to meet contemporary standards; a pantry and additional storage enhance its functionality. A conservatory extends from the main living area, connecting seamlessly to the expansive garden which boasts tranquil countryside views and ample space for outdoor enjoyment. Upstairs, you'll find two sizable double bedrooms, each with their own fireplace, alongside a versatile landing area suitable for a study. The family bathroom completes the upstairs layout. This property represents an exceptional chance to establish a bespoke home in an attractive rural setting.

Investment Analysis

(DE12 area)

Above Market Value

This property is priced +7.7% above area average per sq ft

+7.7%
This Property
£278/sq ft
Area Average
£258/sq ft
Avg Rent (weekly)
£240
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£280,775
10% above area average per sq ft
Potential ROI
-13.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (DE12)

Area prices are stable by -0.9% over the last 12 months
3 year growth: -0.4%
5 year growth: +6.2%
Investment Disclaimer: Analysis based on DE12 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

Chapel Street, Measham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£974
Based on a loan of £206,250 over 30 years at 3.91% 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.

Stamp Duty Calculator

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