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Francis Street, Chaddesden, Derby, DE21

East Midlands

£115,000
Listed on 14/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
806 sqft

Description

This three-bedroom traditional terrace property presents a valuable opportunity for renovation and investment. While it requires modernization, the space is well-designed, offering ample room for creative enhancements. The living area features a sitting room with a charming fireplace, alongside a dining room that leads to the kitchen. A convenient ground-floor bathroom includes a three-piece suite with a panelled bath and electric shower. Upstairs, the three bedrooms provide flexibility for families or individuals looking for extra space that could be adapted to suit specific needs, such as home offices or guest rooms. Situated in a location that favors accessibility, this property is just moments away from local amenities in Chaddesden, including shops and schools. For outdoor enthusiasts, Chaddesden Park is nearby, providing opportunities for leisure and relaxation. Moreover, Derby city centre is within easy reach by public transport, ensuring residents can enjoy a wide range of shopping and dining options. The property's proximity to major roadways enhances its appeal for commuters, with quick connections to the Derby ring road and the motorway network as well as East Midlands International Airport. With its combination of desirable location and significant potential for improvement, this property represents an excellent project for those looking to invest in their ideal home or capitalize on the growing market in this area.

Investment Analysis

(DE21 area)

Below Market Value

This property is priced -44.7% below area average per sq ft

-44.7%
Potential saving
This Property
£143/sq ft
Area Average
£258/sq ft
Avg Rent (weekly)
£229
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£228,610
10% above area average per sq ft
Potential ROI
+57.7%
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

Francis Street, Chaddesden, Derby, DE21
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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
£421
Based on a loan of £86,250 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