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Cornwall Road, Derby

East Midlands

£140,000
Listed on 18/03/2026

Property Details

Bedrooms
2
Type
Terraced

Description

Located in the desirable Chaddesden area on Cornwall Road, this spacious two-bedroom terraced home presents a significant opportunity for renovation and investment. Ideal for first-time buyers or investors, the property is well-placed with easy access to Derby city centre and local amenities including schools, shops, and public transport.<br><br>Upon entry, you find a welcoming living room that sets a comfortable tone for the home. This leads to a hallway that opens up to a basement, which holds potential for additional storage or conversion into usable space. The dining room acts as a central hub, connecting the living areas and featuring an accessible staircase to the upper floor. The kitchen at the rear offers ample opportunity for modern redesigns and personal touch-ups.<br><br>Upstairs, two spacious double bedrooms provide comfortable accommodation, complemented by a family bathroom that serves both rooms. The outdoor space features a tiered garden with a small patio perfect for outdoor seating, leading up to a larger raised area ripe for landscaping or gardening projects.<br><br>This property stands out as an excellent choice for those aiming to create their dream home or capitalize on its investment potential in a sought-after location.

Investment Analysis

(DE21 area)
Area Average
£262/sq ft
Avg Rent (weekly)
£221
Avg Yield
4.7%

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
61
Average per month
Market Turnover
143%
Properties sold annually

Local Market Trend (DE21)

Area prices are rising by +3.9% over the last 12 months
3 year growth: +4.8%
5 year growth: +16.0%
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

Cornwall Road, Derby
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£505
Based on a loan of £105,000 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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