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Howitt Street, Heanor, DE75

East Midlands

£130,000

Listed on 30/05/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This three-bedroom terraced property presents a promising opportunity for those looking to invest in renovation and increase property value. Conveniently situated near the heart of Heanor, it benefits from easy access to local amenities and key road networks including the A610 and M1. The layout features a lounge with a double-glazed window and fireplace, leading into an inner lobby that connects to a sizable pantry and dining room. The dining area offers views of the expansive rear garden through its double-glazed window. The kitchen includes essential fixtures such as wall and base units, with space allocated for appliances, and opens directly to the garden. Upstairs, there are three bedrooms; the master bedroom faces the front, while the other two have built-in storage options. The bathroom is equipped with a three-piece suite featuring a shower over the bath. Externally, there's a gated fore garden at the front and an established rear garden complete with patio space, trees, shrubs, flower beds, a greenhouse, and two outbuildings—one serving as extra storage while the other houses an outdoor W.C. This property is ideal for buyers keen on making improvements or extensions that could significantly boost its market appeal.

Investment Analysis

(DE75 area)
Area Average
£223/sq ft
Avg Rent (weekly)
£189
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (DE75)

Area prices are falling by -7.8% over the last 12 months
3 year growth: +3.8%
5 year growth: +21.1%
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

Howitt Street, Heanor, DE75
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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
£491
Based on a loan of £97,500 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

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