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Madison Avenue, Chaddesden, Derby

East Midlands

£190,000
Listed on 25/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This semi-detached three-bedroom property in Chaddesden presents a solid opportunity for renovation and investment. Upon entering, you are greeted by a spacious hallway that offers practical space for storage. The living room at the front is generously sized and flooded with natural light thanks to patio doors that open up to the expansive rear garden, which is a canvas for potential extension or landscaping improvements, subject to planning permissions. The kitchen, fitted with a range of cabinetry and integrated appliances, is functional but could benefit from a contemporary upgrade to enhance both aesthetics and utility. Additionally, the ground floor includes a downstairs WC, which is an excellent feature for family convenience. Upstairs, the three bedrooms provide ample accommodation; the main bedroom features built-in wardrobes and good proportions suitable for personalization. The second double room overlooks the garden, while the third bedroom presents flexible usage options as a child's room or home office. The family bathroom contains essential amenities but may require modernization to meet current expectations. Outside, the large driveway offers parking for multiple vehicles while the rear garden boasts established greenery and significant space ripe for gardening enthusiasts or further development opportunities. This property holds substantial renovation potential for those looking to create their ideal family home in one of Derby's desirable neighbourhoods.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
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

Madison Avenue, Chaddesden, 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
£696
Based on a loan of £142,500 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE