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Washington Avenue, Chaddesden, Derby

East Midlands

£200,000
Listed on 18/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached home on a generous corner plot presents a solid investment opportunity for buyers looking to add value through renovation. Located in the well-connected area of Chaddesden in the East Midlands, it offers easy access to schools, shops, and public transport, making it ideal for families or first-time buyers. The property features a tarmac driveway for off-road parking and an appealing front garden, contributing to its overall curb appeal. Inside, the layout includes a bright open-plan lounge and dining area, which can be enhanced with modern updates or reconfiguration to create an even more inviting space. Patio doors from the lounge lead directly to the rear garden, allowing for flexible indoor-outdoor living options. The kitchen is functional but could benefit from contemporary upgrades to maximize its potential. Upstairs, there are three decent-sized bedrooms along with a family bathroom that already features necessary amenities but might require updating to meet modern standards. The expansive outdoor space not only provides ample room for children or entertaining but also holds significant landscaping potential that could further elevate the property's value. Overall, while this home is well-presented and livable as is, there are numerous possibilities for modernization and improvement which could yield good returns on investment.

Investment Analysis

(DE21 area)
Area Average
£261/sq ft
Avg Rent (weekly)
£221
Avg Yield
4.8%

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
50
Average per month
Market Turnover
72%
Properties sold annually

Local Market Trend (DE21)

Area prices are rising by +3.0% over the last 12 months
3 year growth: 3.2%
5 year growth: 17.3%
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

Washington 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
£733
Based on a loan of £150,000 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

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