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5 Gregg Avenue, Heanor, Derbyshire DE75 7QA - Image 1

5 Gregg Avenue, Heanor, Derbyshire DE75 7QA

East Midlands

£145,000
Listed on 06/05/2026

Property Details

Bedrooms
3
Type
Detached Bungalow

Description

This extended three-bedroom detached bungalow is set on a generous plot in a peaceful cul-de-sac, presenting a solid investment opportunity. The property requires a comprehensive modernization effort, with its layout including an entrance hall, sitting room, dining room, breakfast kitchen, three bedrooms, bathroom, and utility room. The outdoor space features front and rear gardens as well as a driveway. Its location near local schools and amenities adds to its appeal for families looking to transform this residence into their ideal home. Potential buyers are encouraged to conduct their own inspections before the auction date.

Investment Analysis

(DE75 area)
Area Average
£224/sq ft
Avg Rent (weekly)
£196
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (DE75)

Area prices are falling by -5.4% over the last 12 months
3 year growth: +5.0%
5 year growth: +26.1%
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

5 Gregg Avenue, Heanor, Derbyshire DE75 7QA
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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
£517
Based on a loan of £108,750 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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