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South Street, South Normanton DE55

East Midlands

£75,000

Listed on 30/05/2026

Property Details

Bedrooms
2
Type
Terraced
Area
788 sqft

Description

This two-bedroom middle terraced house presents a compelling opportunity for cash buyers and investors looking to add value through renovation. Set beneath a concrete interlocking tiled roof, the property features UPVc double glazed windows in select areas, though it requires comprehensive refurbishment throughout. The layout includes a lounge, dining room, kitchen, rear porch, and ground floor bathroom, alongside two spacious double bedrooms on the first floor. A notable feature is the inoperable gas fire that will require replacement, along with other updates to enhance functionality and aesthetics. Externally, the home offers an open plan front garden and a rear lawned garden with pedestrian access from Victoria Street. Located conveniently close to local village amenities and key transport routes including the A38 and M1 junction 28, this property is ideally suited for those ready to invest time and resources into modernising a home with significant potential.

Investment Analysis

(DE55 area)

Below Market Value

This property is priced -57.7% below area average per sq ft

-57.7%
Potential saving
This Property
£95/sq ft
Area Average
£225/sq ft
Avg Rent (weekly)
£192
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£195,203
10% above area average per sq ft
Potential ROI
+77.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
52
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (DE55)

Area prices are falling by -5.5% over the last 12 months
3 year growth: -4.7%
5 year growth: +11.8%
Investment Disclaimer: Analysis based on DE55 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

South Street, South Normanton DE55
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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
£283
Based on a loan of £56,250 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

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