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Milner Avenue, Draycott

East Midlands

£360,000
Listed on 27/04/2026

Property Details

Bedrooms
3
Type
Detached
Area
1054 sqft

Description

This three-bedroom detached home, situated in a sought-after village area, presents an excellent opportunity for renovation and investment. The property boasts extended accommodations and features such as gas central heating and double glazing. Inside, the layout includes a welcoming porch leading to a spacious entrance hall with a cloaks/WC, a lounge, an open-plan kitchen diner that connects to a utility room and family room, providing ample space for modern living. The first floor comprises three well-sized bedrooms and a family bathroom. Outside, the property includes off-road parking, a garage, and an enclosed rear garden with potential for landscaping and entertainment setups. Additionally, there is a purpose-built office that can serve as a home workspace or studio. The home benefits from its proximity to local amenities, schools, and transport links while offering significant potential for personalization and upgrades throughout.

Investment Analysis

(DE72 area)

Above Market Value

This property is priced +13.4% above area average per sq ft

+13.4%
This Property
£342/sq ft
Area Average
£301/sq ft
Avg Rent (weekly)
£231
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£349,095
10% above area average per sq ft
Potential ROI
-12.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (DE72)

Area prices are falling by -5.1% over the last 12 months
3 year growth: -8.7%
5 year growth: +5.8%
Investment Disclaimer: Analysis based on DE72 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

Milner Avenue, Draycott
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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
£1,275
Based on a loan of £270,000 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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