Ray Street, Heanor, Derbyshire, DE75
By Whitegates
£ 125,000
Reviews
2 out of 5 stars
Whitegates says ..
**THREE BEDROOM FIRST FLOOR APARTMENT** **FOR SALE BY MODERN AUCTION with TENANT IN SITU** Whitegates are delighted to bring to market this fantastic INVESTMENT OPPORTUNITY. Set across two floors this property has: Entrance hall, Breakfast kitchen, Living room, three bedrooms, family bathroom and...
Property Oracle says ..
This three-bedroom property in Heanor, Derbyshire, presents a mixed bag of features. The location in Heanor West offers a decent balance of convenience and proximity to amenities such as schools (Jasmine House School, rated ‘Outstanding’ by Ofsted, is within a kilometer), with several other ‘Good’ rated schools nearby. Transportation links such as Langley Mill train station are also within a reasonable distance. However, Heanor is a smaller town, and its appeal might depend on an individual’s preferences for a quieter and less bustling environment.
The condition of the property appears to be fair but not excellent. The images indicate the property needs some interior modernisation and repairs. The kitchen and bathroom feel outdated, and there is some evidence of unfinished or partially completed work. Some of the rooms (such as the attic bedroom) require significant improvements. The cleanliness and presentation could also be improved to increase the appeal of the property.
The absence of a garden is a significant drawback, which limits its appeal to potential buyers seeking outdoor space. The lack of outdoor space restricts the property’s overall desirability, especially for families with children or individuals valuing a private garden.
The price of £125,000 sits within a reasonable range considering the three bedrooms and its location near amenities in Heanor. The cost of the necessary renovation work will add to the final cost. The nearby properties suggest a varying price range, indicating some price variability in the area. Given the need for renovations and the lack of land, the price is in line with the market, but it’s not a particularly strong bargain.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 6
- Land
- 1
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft (est)
- 1,183.92
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 221,234.00 £Increased by 11.82 %
- Est sale value
- 279,405.12 £Increased by 9.77 %
- Average area rental value
- 1,195.00 £/moIncreased by 26.86 %
- Est letting value
- 1,183.92 £/moUnchanged by 0.00 %
- Est rental Yield
- 6.48 %Increased by 13.49 %
- Crime Rate
- 42.00 %Unchanged by 0.00 %
Agent Activity
Whitegates created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
Jasmine House School | Other Independent Special School | Outstanding | 0.48 KM |
Mundy Cofe Junior School | Voluntary Controlled School | Good | 0.62 KM |
Corfield Cofe Infant School | Voluntary Controlled School | Good | 0.67 KM |
Coppice Primary School | Community School | Good | 0.72 KM |
Heanor Children'S Centre | Children's Centre | 0.83 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
Red Lion Square | £ 0 | 0 | 0.00 KM |
Derby Road | £ 0 | 0 | 0.00 KM |
Hill Road | £ 120,000 | 0 | 0.00 KM |
John Street | £ 192,498 | 0 | 0.00 KM |
Cemetery Way | £ 0 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Langley Mill | 1761 | LGM | 2.79 KM |
Ilkeston | 7783 | ILN | 7.73 KM |
Alfreton | 1805 | ALF | 9.81 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
Ray Street, Heanor, Derbyshire, DE75 | £ 125,000 | BUY | 4 / 10 | 0.00 KM |
Godfrey Street, Heanor | £ 350,000 | BUY | 7 / 10 | 0.08 KM |
Ray Street, Heanor, DE75 | £ 99,950 | BUY | Unknown | 0.10 KM |
Ray Street, Heanor, DE75 | £ 95,000 | BUY | 5 / 10 | 0.10 KM |
Mundy Street Heanor DE75 7EB | £ 205,000 | BUY | Unknown | 0.15 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
40 Ray Street | £ 85,000 | 0.01 KM |
22 Ray Street | £ 87,000 | 0.01 KM |
53 Ray Street | £ 45,000 | 0.01 KM |
50a Ray Street | £ 97,000 | 0.01 KM |
51 Ray Street | £ 145,000 | 0.01 KM |