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170 Nottingham Road, Chaddesden, Derby, DE21 6AQ - Image 1
170 Nottingham Road, Chaddesden, Derby, DE21 6AQ - Image 2
170 Nottingham Road, Chaddesden, Derby, DE21 6AQ - Image 3
170 Nottingham Road, Chaddesden, Derby, DE21 6AQ - Image 4
170 Nottingham Road, Chaddesden, Derby, DE21 6AQ - Image 5
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170 Nottingham Road, Chaddesden, Derby, DE21 6AQ

East Midlands

£280,000
Listed on 10/07/2025

Property Details

Bedrooms
N/A
Type
Detached house
Area
2095 sqft

Description

This property presents a unique opportunity as a former social club, featuring sturdy traditional masonry construction. The building is enhanced by uPVC double-glazed windows and boasts a combination of pitched tiled roofing at the front and a flat roof over a more recent extension at the rear. Internally, the ground floor is designed as an open-plan space, housing the main bar area along with a stage suited for performances. Conveniently located off the entrance hallway are male, female, and accessible restroom facilities. The first floor offers an additional function room complete with its own bar and restrooms, alongside a separate administrative office space. The interior features practical elements such as painted plaster walls and ceilings, carpet tile flooring, strip lighting, and centrally heated radiators, all of which provide a blank canvas for further modernization or repurposing. Externally, there is a small side yard accessible from Nottingham Road that can serve as useful storage space or potentially accommodate outdoor features in future renovations. This property not only offers ample room for creative redevelopment but also situates itself in a location that could attract significant interest for various investment avenues.

Investment Analysis

(DE21 area)

Below Market Value

This property is priced -48.2% below area average per sq ft

-48.2%
Potential saving
This Property
£134/sq ft
Area Average
£258/sq ft
Avg Rent (weekly)
£229
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£594,215
10% above area average per sq ft
Potential ROI
+38.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (DE21)

Area prices are rising by +3.5% over the last 12 months
3 year growth: 3.7%
5 year growth: 17.7%
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

170 Nottingham Road, Chaddesden, Derby, DE21 6AQ
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,026
Based on a loan of £210,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE