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Grove Road, Burbage

East Midlands

£750,000
Listed on 21/04/2026

Property Details

Bedrooms
5
Type
Detached

Description

This distinctive detached family residence, set on a spacious plot in one of Burbage's most sought-after neighborhoods, presents a noteworthy investment opportunity. While conveniently located within walking distance to the village's amenities such as shops, schools, and public transport links, the property requires updating to unlock its full potential. The house features gas central heating and double-glazed UPVC windows while offering a mix of functional living spaces including a lounge with an original fireplace, a separate dining area, snug, fitted kitchen, and five bedrooms. Additional facilities include a family bathroom and separate WC. Outside, the property boasts generous front and rear gardens along with ample driveway space leading to a single garage. Notably, there's significant scope for expansion or modernization throughout, making this an ideal project for buyers seeking to create their dream home or capitalize on rental potential.

Investment Analysis

(LE10 area)
Area Average
£279/sq ft
Avg Rent (weekly)
£222
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
66
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LE10)

Area prices are stable by -1.6% over the last 12 months
3 year growth: +1.0%
5 year growth: +14.0%
Investment Disclaimer: Analysis based on LE10 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

Grove Road, Burbage
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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
£2,656
Based on a loan of £562,500 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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