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Thanet Street, Clay Cross S45

Yorkshire

£90,000
Listed on 29/04/2026

Property Details

Bedrooms
2
Type
Terraced
Area
798 sqft

Description

This two-bedroom mid-terrace property presents a promising investment opportunity for those looking to enter the property market. With a gross yield of approximately 10%, this home is offered with no upward chain, making it an appealing option for both investors and first-time buyers. The property is in need of modernisation, providing a blank canvas for you to craft a space that reflects your personal style and preferences. Located in the vibrant town of Clay Cross, the property is ideally situated close to a variety of local amenities, including shops, bars, restaurants, and supermarkets. Excellent transport links ensure easy access to nearby towns like Alfreton and Chesterfield, as well as the picturesque Peak District and the M1 motorway—great for commuting. Upon entering through a uPVC front door, you'll find a lounge with potential for updating. The dining room flows into a sizable kitchen with room for essential appliances. Upstairs features two good-sized double bedrooms ready for personalisation alongside a bathroom equipped with contemporary fittings. The exterior boasts on-street parking at the front and an enclosed south-facing garden at the rear—a perfect spot for creating an outdoor retreat or entertainment area. With recent upgrades such as a new roof over the kitchen installed in 2025, the property offers both character and potential as you embark on your renovation journey.

Investment Analysis

(S45 area)

Below Market Value

This property is priced -51.3% below area average per sq ft

-51.3%
Potential saving
This Property
£113/sq ft
Area Average
£231/sq ft
Avg Rent (weekly)
£244
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£203,123
10% above area average per sq ft
Potential ROI
+76.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (S45)

Area prices are falling by -5.2% over the last 12 months
3 year growth: -9.4%
5 year growth: -0.3%
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 S45
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£321
Based on a loan of £67,500 over 30 years at 3.97% 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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