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Glasshouse Hill, Codnor, DE5

East Midlands

£130,000
Listed on 24/03/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
889 sqft

Description

This two-bedroom semi-detached house presents a promising opportunity for cash buyers and investors looking to add value through renovation. The property, featuring gas central heating and UPVc double glazing, occupies a generous plot in a desirable location. The layout includes a side entrance hall, a spacious lounge with a bay window, and an adjoining dining room that leads into the kitchen. Upstairs you'll find two ample double bedrooms alongside a family bathroom, all waiting for modern upgrades. Externally, the property boasts off-road parking and a sizeable rear garden, ideal for landscaping or potential extensions (subject to planning). This home is conveniently located near major transport links including the A610, A38, and M1 motorway, making it an attractive prospect for rental or resale after refurbishment.

Investment Analysis

(DE5 area)

Below Market Value

This property is priced -37.5% below area average per sq ft

-37.5%
Potential saving
This Property
£146/sq ft
Area Average
£234/sq ft
Avg Rent (weekly)
£198
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£228,780
10% above area average per sq ft
Potential ROI
+47.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (DE5)

Area prices are falling by -10.8% over the last 12 months
3 year growth: -6.9%
5 year growth: +9.7%
Investment Disclaimer: Analysis based on DE5 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

Glasshouse Hill, Codnor, DE5
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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
£460
Based on a loan of £97,500 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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