Worst House on the Street Logo
Chariot Close, Derby, DE24 - Image 1
Chariot Close, Derby, DE24 - Image 2
Chariot Close, Derby, DE24 - Image 3
Chariot Close, Derby, DE24 - Image 4
Chariot Close, Derby, DE24 - Image 5
Chariot Close, Derby, DE24 - Image 6
Chariot Close, Derby, DE24 - Image 7
Chariot Close, Derby, DE24 - Image 8
Chariot Close, Derby, DE24 - Image 9
Chariot Close, Derby, DE24 - Image 10
Chariot Close, Derby, DE24 - Image 11

Chariot Close, Derby, DE24

East Midlands

£160,000
Listed on 25/11/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
595 sqft

Description

This two-bedroom property offers a prime opportunity for renovation and investment, set in a peaceful residential area. With two spacious double bedrooms, a large living area, and a well-sized kitchen/dining space, this home provides ample room for enhancement. The first-floor family bathroom is functional but could benefit from modern updates. Externally, the property features a substantial garden at the rear and a driveway in front, both of which present additional potential for landscaping or outdoor enhancements. Although it requires some updating, it's being sold with no onward chain, making it an attractive option for first-time buyers, investors, or families looking to add value through renovation. Conveniently located near local amenities and transport links to Derby City Centre and the motorway network, this property stands as a canvas ready for your personal touch.

Investment Analysis

(DE24 area)

Above Market Value

This property is priced +11.2% above area average per sq ft

+11.2%
This Property
£269/sq ft
Area Average
£242/sq ft
Avg Rent (weekly)
£195
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£158,324
10% above area average per sq ft
Potential ROI
-14.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (DE24)

Area prices are falling by +3.1% over the last 12 months
3 year growth: 8.5%
5 year growth: 28.8%
Investment Disclaimer: Analysis based on DE24 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

Chariot Close, Derby, DE24
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£586
Based on a loan of £120,000 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE