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Oldfield Drive, Swadlincote DE11

East Midlands

£239,950

Listed on 25/06/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1163 sqft

Description

This three-bedroom detached bungalow presents a prime opportunity for renovation and investment, located in a peaceful cul-de-sac within the desirable vicinity of Swadlincote. The property, offered with no upward chain, features spacious and adaptable interiors, including a dual-aspect lounge that benefits from natural light, well-sized bedrooms, a fitted kitchen with access to the private rear garden, and practical storage options throughout. The exterior boasts a tandem driveway with car port for convenient parking and an established front garden that enhances curb appeal. The generous rear garden offers a secluded space ideal for reimagining outdoor living. While the home is currently presented in need of updating, its layout provides ample scope for enhancing both functionality and aesthetics to create a family home or investment property suitable for single-storey living. With easy access to local amenities and transport links, this bungalow holds significant refurbishment potential in a sought-after location.

Investment Analysis

(DE11 area)

Below Market Value

This property is priced -16.4% below area average per sq ft

-16.4%
Potential saving
This Property
£206/sq ft
Area Average
£247/sq ft
Avg Rent (weekly)
£211
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£315,731
10% above area average per sq ft
Potential ROI
+14.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
61
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (DE11)

Area prices are falling by -5.4% over the last 12 months
3 year growth: -3.3%
5 year growth: +13.8%
Investment Disclaimer: Analysis based on DE11 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

Oldfield Drive, Swadlincote DE11
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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
£907
Based on a loan of £179,962 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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