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Red Hall drive, Bracebridge heath

East Midlands

£240,000
Listed on 05/05/2026

Property Details

Bedrooms
2
Type
Detached
Area
1014 sqft

Description

This detached bungalow, nestled in the desirable village of Bracebridge Heath, presents an excellent opportunity for renovation and personalization. It comprises an entrance porch, a spacious hallway, a large living room, two generous double bedrooms, a dining room, conservatory, kitchen, shower room, and separate WC. The outdoor space features off-street parking along with a garage and a summerhouse amidst beautifully maintained gardens complete with a pond. While the property is generally well-kept, it does require modernization—which allows for potential enhancements such as converting the loft area (subject to planning permission). With mains gas central heating installed recently and double glazing throughout, there is a solid foundation to create your ideal living space in this thriving community.

Investment Analysis

(LN4 area)

Below Market Value

This property is priced -1.4% below area average per sq ft

-1.4%
Potential saving
This Property
£237/sq ft
Area Average
£240/sq ft
Avg Rent (weekly)
£239
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£267,863
10% above area average per sq ft
Potential ROI
-2.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (LN4)

Area prices are rising by +2.5% over the last 12 months
3 year growth: -0.8%
5 year growth: +7.8%
Investment Disclaimer: Analysis based on LN4 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

Red Hall drive, Bracebridge heath
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£856
Based on a loan of £180,000 over 30 years at 3.97% 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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