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Wilkes Avenue, Measham DE12

East Midlands

£180,000

Listed on 09/07/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
840 sqft

Description

This three-bedroom property presents an excellent opportunity for buy-to-let investors, first-time buyers, or individuals looking to downsize. Offered with no onward chain, it features spacious and adaptable living areas that are perfect for families or anyone in need of practical space. While the home requires some cosmetic updates, it acts as a blank canvas with considerable potential for personalization and value enhancement. The ground floor includes a welcoming entrance hall that leads to a generously sized living room and a kitchen that overlooks the rear garden. A modern shower room completes this level. Upstairs, you will find three well-sized bedrooms along with a separate WC, ideal for family living. Outside, the property boasts a private rear garden and a substantial outbuilding that could serve multiple purposes such as storage or an office. Located in the established area of Measham, this residence offers easy access to local amenities, schools, and transport links with quick connections to the M42—making it appealing for both commuting families and first-time buyers seeking growth potential. With gas central heating and double glazing throughout, this property holds great promise for those ready to invest in its future.

Investment analysis

(DE12 area)

Below Market Value

This property is priced -19.3% below area average per sq ft

-19.3%
Potential saving
This Property
£214/sq ft
Area Average
£266/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£245,461
10% above area average per sq ft
Potential ROI
+19.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (DE12)

Area prices are stable by -2.0% over the last 12 months
3 year growth: -1.8%
5 year growth: +3.6%
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

Wilkes Avenue, Measham DE12
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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
£680
Based on a loan of £135,000 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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