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Ermine Drive, Navenby

East Midlands

£260,000

Listed on 01/06/2026

Property Details

Bedrooms
3
Type
Detached Bungalow

Description

This detached bungalow, located in a serene and sought-after village in East Midlands, presents an exciting opportunity for those looking to invest in a property with significant renovation potential. Offering three bedrooms, this home is positioned on a generous plot that features a private garden perfect for outdoor activities and gatherings. The property includes a double garage and ample driveway space, ensuring convenience for parking and storage needs. While it requires some modernisation, this bungalow allows buyers to reimagine and tailor the interior to reflect their personal style and preferences. With its spacious layout and excellent positioning, it is ideal for anyone seeking single-level living or a project that can be transformed into a dream home. Situated close to local amenities, this property combines the tranquility of village life with easy access to essential services. This is truly a unique find in today’s market, especially with no onward chain attached.

Investment Analysis

(LN5 area)
Area Average
£220/sq ft
Avg Rent (weekly)
£215
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (LN5)

Area prices are rising by +7.4% over the last 12 months
3 year growth: +3.2%
5 year growth: +1.7%
Investment Disclaimer: Analysis based on LN5 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

Ermine Drive, Navenby
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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
£982
Based on a loan of £195,000 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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