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Starthe Bank, Heanor

East Midlands

£130,000
Listed on 08/05/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This mid-terraced property spans two floors and presents a promising renovation opportunity. The layout includes an entrance porch and hall leading to a living room and kitchen on the ground floor, while the first floor features three bedrooms and a wet room. With gas central heating and UPVC double glazing, the property also boasts a rear garden with both patio areas and lawn, as well as a front garden and an attached garage. Located in Heanor, it offers convenient access to local amenities and major routes to Nottingham and Derby. The house is being sold as seen, providing an ideal investment for those looking to refurbish a property that requires updates throughout, making it ripe for modernisation. This home is offered with no upward chain, making it even more appealing for investors or first-time buyers ready to transform it into their vision.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
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

Starthe Bank, Heanor
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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
£464
Based on a loan of £97,500 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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