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Douglas Avenue, Heanor DE75

East Midlands

£260,000
Listed on 24/12/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This detached two-bedroom bungalow offers a unique opportunity for investors or renovators looking to capitalize on its spacious layout and dual plot location in Heanor. With existing planning permission for a double driveway, the property already hints at its potential for enhanced curb appeal and functionality. The interior features a bright lounge diner bathed in natural light, alongside two generously sized double bedrooms. The master bedroom includes an en-suite and direct access to the fully enclosed rear garden, presenting an ideal space that can be transformed into a private oasis. While the home is functional as it stands, there is ample scope to personalize and modernize the living areas and kitchen, making it an excellent project for those wanting to add value. The manageable garden space also offers possibilities for landscaping or additional outdoor features. Overall, this property represents a solid investment opportunity within a desirable area.

Investment Analysis

(DE75 area)
Area Average
£221/sq ft
Avg Rent (weekly)
£183
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (DE75)

Area prices are falling by +4.3% over the last 12 months
3 year growth: 12.4%
5 year growth: 38.6%
Investment Disclaimer: Analysis based on DE75 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

Douglas Avenue, Heanor DE75
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£952
Based on a loan of £195,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE