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Albert Road, Chaddesden

East Midlands

£179,950
Listed on 29/12/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This detached two-bedroom home sits on a substantial plot in a mature neighborhood, presenting significant opportunities for extension and reconfiguration (subject to obtaining the necessary planning permissions). The property currently features gas central heating and double glazing, with the added benefit of solar panels that not only reduce utility costs but also have income potential through feed-in tariffs. Inside, you will find two generously sized reception rooms and an 'L' shaped breakfast kitchen, providing ample layout options for renovation. The bathroom is fitted with a traditional three-piece suite, which may require modernisation. The side entrance lobby and reception hallway offer a welcoming entry point. Externally, off-road parking is available at the front, while the expansive rear garden predominantly consists of lawn areas ready for landscaping or further development. Located conveniently near Chaddesden's shops, schools, and transport links including major roadways leading towards the A52 and M1 motorway, this home presents a prime investment opportunity in the East Midlands.

Investment Analysis

(DE21 area)
Area Average
£258/sq ft
Avg Rent (weekly)
£229
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
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

Albert Road, Chaddesden
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£659
Based on a loan of £134,962 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