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Chevin Road, Strutts Park, Derby

East Midlands

£350,000
Listed on 03/09/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
866 sqft

Description

Situated in the attractive Strutts Park area of Derby, this semi-detached home presents a blend of character and potential. With three bedrooms, the property is set on a quiet street that offers both comfort and ease of access to local conveniences. The private garden provides an inviting outdoor space that could be transformed into a personal retreat or entertaining area. An essential highlight of this property is its proximity to Darley Park, an expansive green space ideal for leisurely walks, family gatherings, or recreational activities. The city center is just a short distance away, providing easy access to various shops, dining options, and transportation links including bus and train services. This combination makes it suitable for those who value urban amenities while enjoying the serenity of natural surroundings. The home itself offers significant renovation potential. With ample space for expansion, there is room to personalize and enhance the layout according to your needs. The ground floor features a welcoming entrance hall with original herringbone wood flooring that leads to a lounge with a classic fireplace and a separate dining room with Victorian-style detailing. The kitchen includes essential fixtures such as a stainless steel sink and gas hob, along with windows allowing plenty of natural light. Upstairs, you’ll find three well-proportioned bedrooms that maintain the property's charming character with high ceilings and traditional elements throughout. The family bathroom comes equipped with necessary amenities and retains potential for modern upgrades. The exterior features include a front garden set back from the pavement, creating an inviting first impression. The rear garden is substantial and well-screened, making it an ideal canvas for landscaping or creating outdoor leisure areas. Additionally, there’s off-street parking available along with the possibility of garage space subject to planning permissions. The location itself is advantageous; Strutts Park is known for its conservation efforts and community feel while being conveniently near transport links which facilitate quick commutes to surrounding areas. Families will also appreciate access to reputable schools in both primary and secondary categories. This property not only offers comfortable living but presents an excellent opportunity for investment through renovation or extension in a highly sought-after area of Derby.

Investment Analysis

(DE1 area)

Above Market Value

This property is priced +77.7% above area average per sq ft

+77.7%
This Property
£404/sq ft
Area Average
£227/sq ft
Avg Rent (weekly)
£186
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£216,669
10% above area average per sq ft
Potential ROI
-44.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (DE1)

Area prices are stable by +1.7% over the last 12 months
3 year growth: -3.0%
5 year growth: 9.3%
Investment Disclaimer: Analysis based on DE1 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

Chevin Road, Strutts Park, Derby
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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
£1,282
Based on a loan of £262,500 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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