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Chapel Street, Measham DE12

East Midlands

£275,000
Listed on 04/05/2026

Property Details

Bedrooms
2
Type
Detached
Area
988 sqft

Description

This two-bedroom detached cottage, steeped in over a century of history, presents a unique chance for buyers looking to invest in a renovation project. Sold with vacant possession and planning permission already secured for a single-storey extension and garage, the property sits on a substantial plot that offers ample space for development. Inside, traditional elements such as original fireplaces and exposed ceiling beams enrich the character of the two inviting reception rooms. While the kitchen comes equipped with fitted units, it is ready for updating to better suit modern living. A convenient pantry adds extra storage, complemented by a conservatory that provides access to the expansive garden. Upstairs, two generously sized double bedrooms each feature their own fireplace, alongside a versatile landing area that could easily function as a study or additional living space. The family bathroom rounds off the first floor. The extensive garden enhances the appeal of this property, promoting an idyllic countryside lifestyle with stunning rural views and peaceful surroundings. This home is bursting with potential to become a bespoke residence tailored to individual tastes in an attractive location.

Investment Analysis

(DE12 area)

Above Market Value

This property is priced +7.1% above area average per sq ft

+7.1%
This Property
£278/sq ft
Area Average
£260/sq ft
Avg Rent (weekly)
£261
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£282,351
10% above area average per sq ft
Potential ROI
-15.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (DE12)

Area prices are stable by -1.9% over the last 12 months
3 year growth: -1.9%
5 year growth: +3.8%
Investment Disclaimer: Analysis based on DE12 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

Chapel Street, Measham DE12
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£981
Based on a loan of £206,250 over 30 years at 3.97% 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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