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Woodhouse Road, Horsley Woodhouse, Ilkeston, DE7

East Midlands

£450,000

Listed on 22/06/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
1260 sqft

Description

This three-bedroom detached bungalow, nestled within the appealing village of Horsley Woodhouse, presents a remarkable opportunity for renovation and personalisation. Positioned on a generous plot, the property boasts open field views and offers significant potential for expansion or reconfiguration, pending necessary planning approvals. With a spacious driveway and garage accompanying the home, this offering is particularly advantageous for those seeking convenience with no upward chain. The layout includes three good-sized bedrooms alongside adaptable living areas that allow for various uses, such as an office or hobby space. At the centre of the home is a kitchen diner designed for functionality and social gatherings, making it ideal for modern family life. Given its ample outdoor space and flexible internal arrangement, this bungalow stands out as an investment opportunity ripe for development. Buyers can take advantage of the existing structure while introducing their own design elements over time. This property is particularly suitable for individuals or families looking to craft their dream home in a desirable location.

Investment Analysis

(DE7 area)

Above Market Value

This property is priced +52.7% above area average per sq ft

+52.7%
This Property
£357/sq ft
Area Average
£234/sq ft
Avg Rent (weekly)
£192
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£324,116
10% above area average per sq ft
Potential ROI
-34.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
50
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (DE7)

Area prices are stable by +0.2% over the last 12 months
3 year growth: +3.4%
5 year growth: +18.3%
Investment Disclaimer: Analysis based on DE7 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

Woodhouse Road, Horsley Woodhouse, Ilkeston, DE7
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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
£1,700
Based on a loan of £337,500 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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