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87 Park Street, Heanor, DE75 7FL

East Midlands

£30,000
Listed on 23/04/2026

Property Details

Bedrooms
3
Type
Detached

Description

This property represents a unique opportunity for investors or renovation enthusiasts looking to transform a detached house in a cul-de-sac setting. Located near Heanor Town Centre and with convenient access to transportation links such as Langley Mill Train Station, the property is well-positioned for potential growth. While the house has suffered fire damage and is in need of extensive modernisation, it boasts a traditional two-floor layout featuring three bedrooms and essential communal spaces including a reception room, kitchen, and conservatory. Additionally, there is a garage and off-street parking available on the driveway, complemented by gardens both at the front and rear. Given its condition, this property offers substantial renovation potential for those willing to undertake significant repairs.

Investment Analysis

(DE75 area)
Area Average
£226/sq ft
Avg Rent (weekly)
£203
Avg Yield
4.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (DE75)

Area prices are falling by -3.2% over the last 12 months
3 year growth: +8.1%
5 year growth: +31.6%
Investment Disclaimer: Analysis based on DE75 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

87 Park Street, Heanor, DE75 7FL
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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
£106
Based on a loan of £22,500 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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