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9 High Street Codnor, Derbyshire, DE5 9QB - Image 1
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9 High Street Codnor, Derbyshire, DE5 9QB

East Midlands

£29,000

Listed on 24/06/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This vacant freehold 2-bedroom terraced house presents a significant opportunity for those looking to invest in a project with refurbishment potential. Located in Derbyshire, the property is ideally situated within a well-established residential area that offers easy access to local amenities such as shops and schools, along with efficient public transport links. The accommodation includes a reception room, kitchen/diner, two bedrooms, and a bathroom, all of which require modernisation. A thorough refurbishment program would greatly enhance the living space while also increasing the property's future market value. The exterior features a rear garden that not only provides outdoor space but also offers further landscaping opportunities to boost appeal. With comparable properties in the area achieving sales above £195,000 post-refurbishment, this property is well-placed for investors or owner-occupiers aiming to add value through strategic improvements.

Investment Analysis

(DE5 area)
Area Average
£238/sq ft
Avg Rent (weekly)
£179
Avg Yield
4.0%

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
29
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (DE5)

Area prices are falling by -10.4% over the last 12 months
3 year growth: -7.5%
5 year growth: +9.1%
Investment Disclaimer: Analysis based on DE5 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

9 High Street Codnor, Derbyshire, DE5 9QB
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£110
Based on a loan of £21,750 over 30 years at 4.45% 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.

Stamp Duty Calculator

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