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Sandtop Close, Blackfordby, DE11

East Midlands

£325,000

Listed on 26/05/2026

Property Details

Bedrooms
3
Type
Detached
Area
1152 sqft

Description

This three-bedroom property located in Blackfordby presents a noteworthy investment opportunity, particularly for those interested in renovation projects. Built between 1960 and 1970, the home encompasses an approximate total floor area of 107 square meters, offering ample space for refurbishment. The freehold status provides additional appeal for long-term ownership. The property features a central heating system and UPVC windows, albeit dating from before 2010, which may require updating. The exterior includes a well-maintained front lawn and shrubs, alongside a back garden boasting a patio area that could be revitalised to create an inviting outdoor space. Notably, the absence of subsidence or unsafe cladding enhances the property's potential for renovation without major structural concerns. Given the current EPC rating of D, there is scope for improvements to enhance energy efficiency as part of any refurbishment efforts. With no upward chain on the sale, this property is poised to attract buyers looking to implement their vision and add value through thoughtful renovations.

Investment Analysis

(DE11 area)

Above Market Value

This property is priced +15.6% above area average per sq ft

+15.6%
This Property
£282/sq ft
Area Average
£244/sq ft
Avg Rent (weekly)
£204
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£309,324
10% above area average per sq ft
Potential ROI
-16.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
69
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (DE11)

Area prices are falling by -5.9% over the last 12 months
3 year growth: -3.7%
5 year growth: +13.9%
Investment Disclaimer: Analysis based on DE11 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

Sandtop Close, Blackfordby, DE11
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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
£1,159
Based on a loan of £243,750 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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