# 2 bedroom detached bungalow for sale (DE55 3LT)

## Property Details

| Key | Value |
|-----|-------|
| Address | 2 LAUREL GROVE, ALFRETON, BROADMEADOWS, DERBYSHIRE DE55 3LT |
| Price | £165,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Last sold | £170,000 Sep 2021 |

## EPC Rating & Upgrade Cost

- **Current rating:** E
- **Potential rating:** B
- **Expiry date:** 12/04/2031
- **Current heating cost:** £686/year
- **Est. upgrade cost to C:** £18,853

### Recommendations
- B (£500 - £1,500)
- W2 (£4,000 - £6,000)
- C (£15 - £30)
- E (£30)
- F (£200 - £400)
- G (£350 - £450)
- I (£2,200 - £3,000)
- N (£4,000 - £6,000)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/9870-5000-0204-0709-0204)

## Description

Offered with no upward chain is this two bedroom detached bungalow in need of some general upgrading which enjoys a lovely pleasant cul de sac location in the heart of Broadmeadows. The gas centrally heated and UPVc double glazed accommodation comprises: side entrance hall, lounge, kitchen, two double bedrooms, bathroom. Externally gardens to the front and rear, driveway and concrete sectional garage.

**Side Entrance Hall** - UPVc entrance door, coving to the ceiling, radiator, broom cupboard, airing cupboard contains the prelagged hot water cylinder, and access to the roof space and doors open to....

**Lounge** - 5.27m x 3.47m (17'3" x 11'5") - UPVc double glazed oriel bay window, coving to the ceiling, living flame coal effect gas fire

**Breakfast Kitchen** - 3.91m x 2.36m (12'10" x 7'9") - Containing a range of fitted wall and base units, single drainer stainless steel sink unit with mixer tap, two UPVc double glazed windows, plumbing and space for washing machine, four ring gas hob, electric oven below, Glowworm gas boiler operating the central heating and hot water system,

**Rear Bedroom 1** - 4.21m x 3.17m (13'10" x 10'5") - UPVc double glazed window and radiator.

**Rear Bedroom 2** - 2.68m x 2.40m (8'10" x 7'10") - UPVc double glazed window and radiator.

**Bathroom** - 1.97m x 1.68m (6'6" x 5'6") - Containing an Indian Ivory coloured suite comprising panelled bath with hand grips, low flush WC, pedestal wash hand basin, radiator and double glazed window.

**Externally To The Front** - There is a lawned front garden with good sized driveway to the side leading to...

**Concrete Sectional Garage** - With an up and over door.

**Externally To The Rear** - There is a paved patio area and a lawned garden.

**Viewing** - By appointment through Richard Savidge on   pressing option 2.

**Postcode** - The postcode for the satellite navigation user is DE55 3LT.

**Offer Procedure** - Before contacting a Building Society, Bank or Solicitor you should make your offer to our office and speak to a member of staff dealing with the sale as any delay may result in the sale being agreed to another purchaser incurring unnecessary costs. 

Under the Estate Agency Act 1991 you will be required to provide us financial information in order to verify your position before we can recommend your offer to the vendor. We will also require proof of identification in order to adhere to Money Laundering Regulations.

**Disclaimer** - Whilst we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office. SERVICES: The Agents have not tested any apparatus, equipment, fittings or services and so cannot verify they are in working order. The buyer is advised to obtain verification. MEASUREMENTS: Please note all the measurement details are approximate and should not be relied upon as exact.

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## Property Photos

- ![Photo](/listings/photos/79541160/1616397)
- ![Photo](/listings/photos/79541160/1616398)
- ![Photo](/listings/photos/79541160/1616399)
- ![Photo](/listings/photos/79541160/1616400)
- ![Photo](/listings/photos/79541160/1616401)
- ![Photo](/listings/photos/79541160/1616403)
- ![Photo](/listings/photos/79541160/1616406)
- ![Photo](/listings/photos/79541160/1616408)
- ![Photo](/listings/photos/79541160/1616413)

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #2615260
- **Address:** 2 Laurel Grove, Broadmeadows, South Normanton, DE55 3LT
- **Certificate Issued:** 12/04/2005
- **Work Completed:** 15/03/2005
- **Items:** 5 window(s)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 2 LAUREL GROVE, BROADMEADOWS, ALFRETON, BOLSOVER, DERBYSHIRE, DE55 3LT | £170,000 | 03/09/2021 | Detached |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 11 ALFRETON ROAD, SOUTH NORMANTON, ALFRETON, BOLSOVER, DERBYSHIRE, DE55 2ES | £292,500 | 21/11/2025 | Detached |
| 37 LILAC GROVE, BROADMEADOWS, ALFRETON, BOLSOVER, DERBYSHIRE, DE55 3NP | £210,000 | 14/11/2025 | Detached |
| 15 BRIGHT STREET, SOUTH NORMANTON, ALFRETON, BOLSOVER, DERBYSHIRE, DE55 2AN | £190,000 | 24/10/2025 | Detached |
| 22 THE SYCAMORES, BROADMEADOWS, ALFRETON, BOLSOVER, DERBYSHIRE, DE55 3AE | £320,000 | 10/11/2023 | Detached |
| 47 BROADLANDS, BROADMEADOWS, ALFRETON, BOLSOVER, DERBYSHIRE, DE55 3NW | £252,000 | 10/11/2023 | Detached |
| 24 THE SYCAMORES, BROADMEADOWS, ALFRETON, BOLSOVER, DERBYSHIRE, DE55 3AE | £295,000 | 01/11/2023 | Detached |
| 6 LEA VALE, BROADMEADOWS, ALFRETON, BOLSOVER, DERBYSHIRE, DE55 3NA | £368,000 | 21/09/2023 | Detached |
| 8 HAWTHORNES AVENUE, SOUTH NORMANTON, ALFRETON, BOLSOVER, DERBYSHIRE, DE55 2AQ | £171,000 | 26/05/2023 | Detached |
| 5 ELMHURST AVENUE, BROADMEADOWS, ALFRETON, BOLSOVER, DERBYSHIRE, DE55 3NH | £245,000 | 19/05/2023 | Detached |
| 51 THE COMMON, SOUTH NORMANTON, ALFRETON, BOLSOVER, DERBYSHIRE, DE55 2EN | £280,000 | 14/04/2023 | Detached |
| 50 THE SYCAMORES, BROADMEADOWS, ALFRETON, BOLSOVER, DERBYSHIRE, DE55 3AE | £275,000 | 14/10/2022 | Detached |
| 11 ALFRETON ROAD, SOUTH NORMANTON, ALFRETON, BOLSOVER, DERBYSHIRE, DE55 2ES | £220,000 | 28/09/2022 | Detached |
| 48 THE COMMON, SOUTH NORMANTON, ALFRETON, BOLSOVER, DERBYSHIRE, DE55 2EN | £287,000 | 02/09/2022 | Detached |
| 17 COPSEWOOD, SOUTH NORMANTON, ALFRETON, BOLSOVER, DERBYSHIRE, DE55 3NQ | £235,000 | 08/07/2022 | Detached |
| 47 THE SYCAMORES, BROADMEADOWS, ALFRETON, BOLSOVER, DERBYSHIRE, DE55 3AE | £365,000 | 27/05/2022 | Detached |
| 39 THE SYCAMORES, BROADMEADOWS, ALFRETON, BOLSOVER, DERBYSHIRE, DE55 3AE | £300,000 | 20/05/2022 | Detached |
| 1 LEA VALE, BROADMEADOWS, ALFRETON, BOLSOVER, DERBYSHIRE, DE55 3NA | £240,000 | 29/11/2021 | Detached |
| 15 LEA VALE, BROADMEADOWS, ALFRETON, BOLSOVER, DERBYSHIRE, DE55 3NA | £280,000 | 12/11/2021 | Detached |
| 19 THE SYCAMORES, BROADMEADOWS, ALFRETON, BOLSOVER, DERBYSHIRE, DE55 3AE | £300,000 | 14/10/2021 | Detached |
| 18 THE SYCAMORES, BROADMEADOWS, ALFRETON, BOLSOVER, DERBYSHIRE, DE55 3AE | £265,000 | 12/08/2021 | Detached |

**Area average:** £269,525 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £314,834 (78 Detached, DE55, 2024–2026)
- **Deviation:** -47.6%

## Rental Range

*ONS Price Index of Private Rents (Bolsover). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £641/mo
- **Realistic:** £712/mo
- **Optimistic:** £783/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for North Nottingham (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £549/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Terraced House, The Common, DE55 | £850/mo | 2 | 0.27 miles | OpenRent |
| 2 Bed Terraced House, The Common, DE55 | £800/mo | 2 | 0.27 miles | OpenRent |
| 2 Bed Terraced House, Market Street, DE55 | £775/mo | 2 | 0.29 miles | OpenRent |
| 2 Bed Semi-Detached House, Eastfield Drive, DE55 | £850/mo | 2 | 0.38 miles | OpenRent |
| 2 Bed Semi-Detached House, Downing Street, DE55 | £850/mo | 2 | 0.49 miles | OpenRent |
| 2 Bed Semi-Detached House, Downing Street, DE55 | £850/mo | 2 | 0.49 miles | OpenRent |
| 2 Bed End Terrace, New Street, DE55 | £795/mo | 2 | 0.67 miles | OpenRent |
| 2 Bed Detached House, Park Close, NG16 | £825/mo | 2 | 1.11 miles | OpenRent |
| 2 Bed Terraced House, Pool Close, NG16 | £750/mo | 2 | 1.14 miles | OpenRent |
| 2 Bed End Terrace, Pinxton Court, NG16 | £800/mo | 2 | 1.17 miles | OpenRent |
| 2 Bed Semi-Detached House, Mill Lane, NG16 | £880/mo | 2 | 1.19 miles | OpenRent |

**Average rent: £820/mo (11 listings)**

## 1% Rule

- **Rent ratio:** 0.5% (weak for cashflow)
- **Max investor price (0.8%):** £103,125
- **Target investor price (1%):** £82,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £825/mo).*

- **Gross yield:** 6%
- **Cost-to-rent:** 16.7×
- **Monthly cashflow:** £68/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 1.7%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £2,895/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 25%
- **10y growth:** 38.3%

## House Price Index (HM Land Registry)

*Official index for Bolsover; Detached series; as of April 2026.*

- **1y growth (index):** 2.3%
- **5y growth (index):** 25.8%
- **10y growth (index):** 74.3%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)