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Park Road, Heage, Belper, Derbyshire

East Midlands

£150,000

Listed on 03/07/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
861 sqft

Description

Located in the charming village of Heage, this three-bedroom semi-detached home presents a promising chance for those looking to renovate and personalize a property. With approximately 80 sq. meters of living space, the layout includes an entrance porch and hallway leading to a bright lounge with bay windows, alongside a spacious kitchen/dining area that spans the back of the house. The ground floor also features a rear lobby and a separate WC. On the first floor, you'll find three bedrooms—two generously sized doubles and one single—accompanied by a modern shower room. The exterior boasts a sizable rear garden that holds significant potential for landscaping or further development, as well as a front garden and side access to the rear. While some refurbishment and updates are necessary throughout, existing features such as double glazing, gas central heating, and a contemporary shower room form a solid base for transformation. This property is an excellent canvas for someone wanting to create their ideal living space. Heage is known for its desirable rural lifestyle with local amenities, good schools, and scenic walks nearby, while still being well-connected to Belper, Ripley, Derby, and major roads. Offered with no upward chain, this property represents an excellent investment opportunity in a sought-after location.

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Investment analysis

(DE56 area)

Below Market Value

This property is priced -41.2% below area average per sq ft

-41.2%
Potential saving
This Property
£174/sq ft
Area Average
£296/sq ft
Avg Rent (weekly)
£218
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£280,389
10% above area average per sq ft
Potential ROI
+51.6%
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

Park Road, Heage, Belper, Derbyshire
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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
£567
Based on a loan of £112,500 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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