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Meadow Lane, Chaddesden

East Midlands

£155,000
Listed on 09/09/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached home offers a rare opportunity for those looking to invest in a property with significant renovation potential. While the interior requires modernization, it is equipped with a recently installed boiler (April 2025), laying a solid foundation for future enhancements. This house invites both investors and first-time buyers to reimagine the space, tailoring it to their personal style. The layout includes an entrance hallway leading into a spacious through lounge and dining area, perfect for creating an open-concept living space. The kitchen and lean-to offer additional areas that can be transformed according to modern tastes. Ascending to the first floor, you'll find three bedrooms along with a shower room featuring a three-piece suite. The outside space includes a driveway offering off-road parking, complemented by a garage, and an enclosed garden at the rear. Located on Meadow Lane, this property benefits from proximity to Chaddesden's local amenities, which include shops and schools. It also boasts convenient transport links that facilitate easy access to Derby City Centre and regional road networks such as the A52 and M1 motorway. Additionally, Nottingham East Midlands Airport is within reach, enhancing its appeal for commuters and frequent travelers alike. With its promising investment potential in a desirable location, this home presents

Investment Analysis

(DE21 area)
Area Average
£257/sq ft
Avg Rent (weekly)
£216
Avg Yield
4.8%

Renovation Potential

Est. Renovation Cost
£15,500 - £38,750
10-25% of property value
Monthly Sales
55
Average per month
Market Turnover
97%
Properties sold annually

Local Market Trend (DE21)

Area prices are rising by +10.5% over the last 12 months
3 year growth: 11.7%
5 year growth: 26.2%
Investment Disclaimer: Analysis based on DE21 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Meadow Lane, Chaddesden
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