Buy
£425,000
Residential
Listed byPropertyZoom
PropertyZoom
Charming Investment Bungalow in Heanor
Heanor, Derbyshire, DE75 7HA, United Kingdom
3 Beds
3 Baths
Property TypeResidential
TenureFreehold
StatusActive
Floor Area—
Council taxBand C
Key Features
- THREE BEDROOM DETACHED BUNGALOW INCLUDING LOFT CONVERSION AND ANNEX
- THREE RECEPTION ROOMS
- ORIGINAL FEATURES
- FULL OF CHARACTER
- SPACIOUS THROUGHOUT
- OFF STREAT PARKING
- BEAUTIFUL GARDENS
About This Property
This stunning three-bedroom detached bungalow offers a unique investment opportunity in Heanor, nestled in the picturesque Derbyshire. Thoughtfully designed to cater to both families and investors, the property boasts a loft conversion and an annex, ensuring ample living space and versatility. The annex, with its separate entrance, provides self-contained living quarters, perfect for guests or rental possibilities. Designed with character and charm, this well-presented property features three spacious reception rooms, two kitchens, and beautiful gardens to both the front and rear, ideal for hosting outdoor gatherings or simply enjoying the serene environment. The interior comprises an entrance hall, three bedrooms, including ensuite in both the loft and annex, ensuring privacy and comfort for all occupants. The inclusion of original features and fireplaces adds to the overall allure of this delightful home. Located off Hands Road in the sought-after area of Heanor, this bungalow benefits from a private driveway offering off-road parking and established landscaping. Surrounded by lush gardens, the generous outdoor area includes patio, decking, and lawn sections, ideal for relaxation or entertaining. Priced at an attractive £425,000, this property promises a substantial return on investment, highlighting its potential with investors who aim for long-term profitability.
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DE75 7HAProperty & area intelligence
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Rental enquiry
Running-Costs Calculator
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Estimated running costs£467 / mo
Annual running costs£5,604 / yr
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Your mortgage
Loan £340,000LTV 80.0% (band 80%)
Monthly payment
Repayment£1,133per month for 25 years
Interest only£0capital still owed at end of term
Total interest£0
Total repaid£340,000
First 10 years of repayment breakdown
| Year | Principal paid | Interest paid | Balance |
|---|---|---|---|
| 1 | £13,600 | £0 | £326,400 |
| 2 | £13,600 | £0 | £312,800 |
| 3 | £13,600 | £0 | £299,200 |
| 4 | £13,600 | £0 | £285,600 |
| 5 | £13,600 | £0 | £272,000 |
| 6 | £13,600 | £0 | £258,400 |
| 7 | £13,600 | £0 | £244,800 |
| 8 | £13,600 | £0 | £231,200 |
| 9 | £13,600 | £0 | £217,600 |
| 10 | £13,600 | £0 | £204,000 |
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