Park Lane, Castle Donington, DERBY
East Midlands
£315,000Guide Price
Listed on 08/09/2026
Listed on 08/09/2026
The listing
Property details
Bedrooms
3Type
Detached BungalowArea
965 sqftFeatures
- Garage
- Garden
- Parking
Description
Offered through the Modern Method of Auction, this detached bungalow is described as having two double bedrooms, a spacious L-shaped lounge and dining area, and a generous fitted kitchen. The accommodation also includes an entrance hall, an en-suite wet room to the main bedroom and a separate bathroom. The listing states that the property has gas central heating and uPVC double glazing.
Outside, the gardens wrap around the bungalow and include lawn, gravelled areas, paths and planted borders. A driveway provides parking for two vehicles and leads to a detached brick garage with power and lighting. The listing notes that an extension may be possible, subject to planning permission; feasibility would need to be checked. Buyers should also review the auction information pack and account for the stated reservation fee and other auction terms.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
42out of 100
Grade ELow opportunity
Confidence: MEDIUM
This detached home has a clean, usable starting point and a clear light-refurb canvas: update the older kitchen and interior finishes, then refresh the dry, patchy lawn and garden areas. The detached garage, driveway and wrap-around gardens add useful appeal, with extension potential mentioned in the listing subject to planning permission.
The main constraint is the price. At £315,000, the asking price is about 14% above the local £/sqf average, and adding the £5,000–£12,000 refurb range leaves the purchase-plus-works cost stretched against the local benchmark for this floor area. That comparison is with current local average value, not a forecast of the value after renovation, so the project needs careful buying discipline despite its practical layout and scope for cosmetic improvement.
Key opportunities
- Refresh the older kitchen cabinetry and finishes while retaining a serviceable fitted kitchen.
- Rework the coloured décor and dated finishes to give the clean, usable living spaces a more contemporary feel.
- Improve the patchy lawn and garden presentation; the wrap-around plot also has extension potential subject to planning permission.
Key risks
- At the asking price, even the stated £5,000–£12,000 refurb range pushes purchase-plus-works costs above the local average-value benchmark for this floor area.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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£
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,190
Based on a loan of £236,250 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.
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