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Moray Walk, Derby

East Midlands

£160,000
Listed on 08/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
947 sqft

Description

Located in the desirable area of Chaddesden, Derby, this three-bedroom semi-detached property on Moray Walk presents a remarkable renovation opportunity. The structure is known to be of non-standard construction (Wimpey No-Fines), and potential buyers are urged to conduct their own investigations. While the home requires some modernization, it boasts spacious rooms and a sound structural foundation, making it ideal for those looking to invest in enhancements that reflect contemporary standards. Upon entry, a practical front porch greets you, setting the tone for a functional layout suited for family living. The kitchen diner is particularly noteworthy with its generous space, perfect for renovation to create an inviting modern eating area. Adjacent to this is an office nook, well-suited for remote working or as a flexible hobby space. The ground floor also includes a useful WC and a large lounge, offering a warm ambiance for relaxation and gatherings. Additionally, there's a lean-to at the rear that serves as supplementary storage or could be transformed to enhance the living experience further. Upstairs, you will find three well-sized bedrooms catering to family needs or flexible arrangements, complemented by a family shower room accessible from all rooms. Outside, the property features a manageable rear garden designed with both a patio area for outdoor enjoyment and an artificial lawn that simplifies upkeep. A side alley provides practical access for bins. Moray Walk benefits from its location within Chaddesden—a community-centric neighborhood rich in local amenities including shops and schools. With excellent transport links like the nearby A52 and quick access to Derby city center’s vibrant offerings, this property offers both convenience and potential—a promising canvas for your vision.

Investment Analysis

(DE21 area)

Below Market Value

This property is priced -35.5% below area average per sq ft

-35.5%
Potential saving
This Property
£169/sq ft
Area Average
£262/sq ft
Avg Rent (weekly)
£221
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£272,769
10% above area average per sq ft
Potential ROI
+39.9%
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
143%
Properties sold annually

Local Market Trend (DE21)

Area prices are rising by +3.9% over the last 12 months
3 year growth: +4.8%
5 year growth: +16.0%
Investment Disclaimer: Analysis based on DE21 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

Moray Walk, Derby
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£577
Based on a loan of £120,000 over 30 years at 4.06% 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.

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