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Windmill Lane, Belper

East Midlands

£325,000

Listed on 15/05/2026

Property details

Bedrooms
4
Type
Terraced
Area
1244 sqft

Description

This substantial four-bedroom Edwardian property offers a unique investment opportunity in a desirable area of Belper. With a generous plot that includes an extensive driveway and a large rear garden, this home not only boasts excellent proportions throughout but also spectacular views of The Chevin. The layout features two reception rooms, a kitchen, and an upstairs bathroom alongside four well-sized bedrooms, catering perfectly to family needs. The property is structurally detached from its neighbors, allowing for potential reconfiguration or extension, subject to the necessary permissions. With significant scope for improvement, this home presents an exciting chance to enhance both living space and the property's future value. Its blend of spacious outdoor areas and location makes it an appealing prospect for those looking to invest or renovate in one of Belper’s most sought-after neighborhoods.

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Investment analysis

(DE56 area)

Below Market Value

This property is priced -11.8% below area average per sq ft

-11.8%
Potential saving
This Property
£261/sq ft
Area Average
£296/sq ft
Avg Rent (weekly)
£218
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£405,115
10% above area average per sq ft
Potential ROI
+9.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (DE56)

Area prices are stable by -0.6% over the last 12 months
3 year growth: -0.3%
5 year growth: +3.8%
Investment Disclaimer: Analysis based on DE56 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

Windmill Lane, Belper
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,228
Based on a loan of £243,750 over 30 years at 4.45% 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

Next Steps

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