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Thanet Street, Clay Cross, Chesterfield, Derbyshire S45

Yorkshire

£90,000
Listed on 15/02/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
798 sqft

Description

This two-bedroom mid-terrace home in the vibrant town of Clay Cross presents a compelling investment opportunity, boasting approximately a 10% gross yield. Although it requires a modernization effort, this property serves as an excellent canvas for investors or first-time buyers eager to customize their living space according to personal preferences. Nestled within a sought-after residential area, it offers convenient access to numerous local amenities, including shops, restaurants, and bars. Commuters will appreciate the quick links to Alfreton, Chesterfield, and the M1 motorway, making this location particularly appealing. Upon entry through the uPVC front door, you're greeted by a cozy lounge featuring a charming fireplace. The layout flows seamlessly into a spacious dining room that adjoins the kitchen. The kitchen includes plumbing for appliances and direct access to the rear garden. The first floor accommodates two double bedrooms ripe for personalization and a modern bathroom outfitted with essential amenities. The exterior boasts an enclosed south-facing garden with both patio and lawn areas—ideal for outdoor relaxation or entertaining guests. The property has recently benefitted from a new roof over the kitchen area installed in 2025.

Investment Analysis

(S45 area)

Below Market Value

This property is priced -53.2% below area average per sq ft

-53.2%
Potential saving
This Property
£113/sq ft
Area Average
£241/sq ft
Avg Rent (weekly)
£224
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£211,330
10% above area average per sq ft
Potential ROI
+83.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
75%
Properties sold annually

Local Market Trend (S45)

Area prices are falling by +8.9% over the last 12 months
3 year growth: -12.8%
5 year growth: -3.1%
Investment Disclaimer: Analysis based on S45 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

Thanet Street, Clay Cross, Chesterfield, Derbyshire S45
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£325
Based on a loan of £67,500 over 30 years at 4.06% 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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