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Victoria Street, South Normanton, DE55

East Midlands

£75,000

Listed on 19/01/2026

Property Details

Bedrooms
2
Type
Terraced
Area
723 sqft

Description

This traditional two-bedroom terraced home presents a prime opportunity for cash buyers and investors looking to undertake a refurbishment project. Conveniently situated with easy access to key transport routes like the A38 and M1, as well as local amenities and schools, this property offers solid foundations for future value enhancement. The currently gas centrally heated and UPVc double glazed residence includes a lounge, dining kitchen, family bathroom, and two spacious double bedrooms on the first floor. The rear garden features a concrete patio alongside a lawned area that requires some care. This property is ideal for those with DIY skills or investors wishing to maximize rental potential through thoughtful renovations.

Investment Analysis

(DE55 area)

Below Market Value

This property is priced -53.9% below area average per sq ft

-53.9%
Potential saving
This Property
£104/sq ft
Area Average
£225/sq ft
Avg Rent (weekly)
£192
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£179,102
10% above area average per sq ft
Potential ROI
+79.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
52
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (DE55)

Area prices are falling by -5.5% over the last 12 months
3 year growth: -4.7%
5 year growth: +11.8%
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

Victoria Street, South Normanton, DE55
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£283
Based on a loan of £56,250 over 30 years at 4.45% 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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