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Ermine Drive, Navenby LN5 - Image 1
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Ermine Drive, Navenby LN5

East Midlands

£315,000
Listed on 20/12/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom detached bungalow, nestled in the desirable village of Navenby, presents a solid investment opportunity for those looking to enhance their living space. With essential amenities such as shops, a school, and healthcare facilities within walking distance, the location adds to its appeal. The property features gas central heating and uPVC double glazing, offering a reliable base with potential for modernisation. The layout includes a porch leading to an entrance hall that connects to the lounge, kitchen diner, bathroom, and three bedrooms. The spacious lounge is complemented by a feature fireplace that could be rejuvenated for added character. The kitchen diner is functional but could benefit from updates that maximize storage and style. Outside, the bungalow boasts a driveway leading to a detached garage and an enclosed garden with both lawn and patio areas – ideal for outdoor improvements or landscaping projects. This property is sold chain-free, allowing for a straightforward purchase process.

Investment Analysis

(LN5 area)
Area Average
£218/sq ft
Avg Rent (weekly)
£189
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (LN5)

Area prices are rising by +5.3% over the last 12 months
3 year growth: +1.3%
5 year growth: -0.2%
Investment Disclaimer: Analysis based on LN5 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

Ermine Drive, Navenby LN5
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,136
Based on a loan of £236,250 over 30 years at 4.06% 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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