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Culland View, Crich DE4

East Midlands

£375,000

Listed on 11/05/2026

Property Details

Bedrooms
2
Type
Detached Bungalow

Description

This property presents a unique opportunity for developers and investors, featuring a bungalow set on a generous 0.2-acre plot complete with planning permission in principle for an additional dwelling at the rear. The existing bungalow offers considerable potential for modernization and expansion, allowing for tailored reconfiguration to create a contemporary living space. Current amenities include two entrance porches, a spacious living room filled with natural light, two double bedrooms, a kitchen with stylish gloss units, a family bathroom, and a sunroom that overlooks the expansive garden. The substantial rear garden not only enhances the property but also provides the foundation for further development. This site is ideal for those looking to invest in residential building projects or homeowners wishing to self-build while retaining existing accommodation. Externally, there is off-road parking with a garage and areas for outdoor relaxation. With no upward chain and EPC rating of D, this property holds immense potential for various investment strategies.

Investment Analysis

(DE4 area)
Area Average
£306/sq ft
Avg Rent (weekly)
£241
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (DE4)

Area prices are stable by +1.1% over the last 12 months
3 year growth: -1.3%
5 year growth: +11.2%
Investment Disclaimer: Analysis based on DE4 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

Culland View, Crich DE4
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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
£1,417
Based on a loan of £281,250 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.

Stamp Duty Calculator

Price History

-5.1% since listed
£375,000£20,000(-5.1%)
24/05/2026
Current price
£395,000Initial listing
01/04/2026

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