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Heanor Road, Smalley, Ilkeston

East Midlands

£445,000

Listed on 15/07/2026

Property details

Bedrooms
3
Type
Detached

Description

This charming double-fronted detached family home is set in a picturesque location next to open countryside, offering expansive views at the rear. While this property has already seen upgrades and extensions, it still presents significant investment potential for further enhancements. The home features a spacious entrance hall, guest cloakroom, and multiple reception areas including a lounge with a wood burner and a dining space overlooking the garden. The well-equipped breakfast kitchen boasts modern appliances and a handy walk-in pantry. On the first floor, the principal bedroom offers access to a generous veranda that not only provides stunning views but also opportunities for future expansion. The ample gardens are meticulously maintained, while the substantial garage/workshop caters to motoring enthusiasts and shows potential for conversion (subject to planning permissions). With its advantageous proximity to Heanor Gate School and expansive parking options, this property is an attractive prospect for those looking to invest in a family home with room for growth.

Investment analysis

(DE7 area)
Area Average
£232/sq ft
Avg Rent (weekly)
£193
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
10%
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: +16.8%
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

Heanor Road, Smalley, Ilkeston
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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
£1,681
Based on a loan of £333,750 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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