The Gables, Swarkestone, Derbyshire
East Midlands
£550,000
Listed on 17/10/2026
Listed on 17/10/2026
The listing
Property details
Bedrooms
3Type
DetachedArea
1976 sqftFeatures
- Garage
- Garden
- Parking
Description
This three-bedroom detached cottage in Swarkestone has a south-facing garden, a gravel driveway and a detached brick garage. The accommodation includes an entrance porch and hall, a lounge, a separate dining room, a breakfast kitchen, utility room and conservatory on the ground floor. Upstairs are three bedrooms, an en-suite bathroom to the principal bedroom and a separate shower room.
The kitchen has fitted cupboards, tiled worktops, a breakfast bar and space for appliances, while the utility room provides additional storage and laundry connections. The garden is described as lawned, with a patio, fruit trees and established planting. The driveway offers parking for several cars, with further access alongside the house.
The listing identifies scope for improvement or extension, subject to planning permission. The property is offered with no onward chain. Swarkestone is described as having road links to the A50, A38 and M1, with East Midlands Airport and nearby Melbourne also noted.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
64out of 100
Grade CPotential opportunity
Confidence: MEDIUM
At £550,000, this detached cottage is priced below the local average at £278/sq ft versus £305, making it an appealing opportunity to acquire a spacious three-bedroom home with scope to add value. The £5,000–£13,000 renovation range points to a light, mainly cosmetic project: the kitchen is clean and usable but dated, while older carpets and traditional finishes offer straightforward ways to refresh the interiors. The brick fireplaces and exposed beams give the reception rooms character, and the south-facing garden, gravel drive and detached garage add to the appeal.
The house appears well maintained externally, with no obvious major defect in the photos. Its extension potential is subject to planning permission, so the clearest near-term project is updating the existing finishes to suit your taste.
Key opportunities
- Refresh older carpets and traditional décor across the living spaces and bedrooms for a more contemporary feel.
- Update the dated but functional kitchen and en-suite finishes over time, tailoring the specification to your plans.
- Make the most of the south-facing garden, established planting, gravel drive and detached brick garage; explore extension potential subject to planning permission.
Key risks
None recorded.
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Finance
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£2,078
Based on a loan of £412,500 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.
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