Morley Road, Chaddesden
HA

Morley Road, Chaddesden

By Hannells Estate Agents

£ 135,000

Reviews

3 out of 5 stars

Hannells Estate Agents says ..

** FOR SALE BY NATIONAL SDL AUCTION WEDNESDAY 23RD OCTOBER 2024 AT 9AM ** A bay-fronted detached bungalow occupying a larger than average plot set back from Morley Road with immense potential to extend/improve, subject to necessary planning consent.

Property Oracle says ..

This 2-bedroom, 1-bathroom detached bungalow on Morley Road, Chaddesden, Derby is listed for £135,000. The property’s key selling point is its location in Chaddesden, an area with relatively good access to schools and transport links. However, the property itself requires significant modernisation. The interior displays outdated décor and finishes that will require considerable expenditure and time investment. Photos reveal the need for upgrades to kitchen, bathrooms, flooring and general interior décor. The property benefits from a garden with a shed, which is a valued asset. The average price of nearby properties varies greatly, making a direct comparison challenging due to insufficient data on square footage. Overall, this property presents a potential opportunity for a buyer willing to undertake a renovation project and who values the location benefits. The lack of precise data on house size and plot size makes an exact evaluation challenging. Potential buyers should conduct thorough due diligence to determine the full extent of renovation costs and the ultimate value proposition relative to current market prices in the area. Buyers should be wary of the auction style sale, which requires a clear understanding of the sales process involved.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
7
Land
6
Bedrooms
2
Bathrooms
1
Sqft (est)
875.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
376,338.00 £
Increased by 8.40 %
from 347,169.00 £
Est sale value
329,875.00 £
Increased by 5.90 %
from 311,500.00 £
Average area rental value
1,329.00 £/mo
Decreased by 6.93 %
from 1,428.00 £/mo
Est letting value
875.00 £/mo
Unchanged by 0.00 %
from 875.00 £/mo
Est rental Yield
4.24 %
Decreased by 14.17 %
from 4.94 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Hannells Estate Agents marked this listing as sold.

  • Hannells Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Lees Brook Community SchoolAcademy ConverterRequires improvement0.23 KM
Cavendish Close Junior AcademyAcademy Sponsor Led0.35 KM
Cavendish Close Infant SchoolCommunity SchoolGood0.52 KM
Audrey Drive Children'S CentreChildren's Centre0.66 KM
Chaddesden Park Primary SchoolAcademy Converter0.67 KM

Images

Lounge Lounge Kitchen Bedroom Bathroom Beedroom Bedroom Lean To External Kitchen Garden Rear Front Elevation

Nearby Streets

NameAverage PriceAverage SqftDistance
Ennis Close £ 185,00000.00 KM
Wardlow Avenue £ 155,00000.00 KM
Alderley Court £ 01,2520.00 KM
Eden Road £ 000.00 KM
Newstead Avenue £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Spondon1699SPO2.92 KM
Derby1823DBY4.67 KM
Peartree1687PEA6.75 KM
Duffield1691DFI9.01 KM

Nearby Listings

AddressPriceTypeScoreDistance
Morley Road, Chaddesden £ 135,000BUY6 / 100.00 KM
Morley Road, Chaddesden, Derby £ 260,000BUY6 / 100.02 KM
Morley Road, Chaddesden, Derby £ 250,000BUYUnknown0.02 KM
Morley Road, Chaddesden, Derby £ 625,000BUYUnknown0.15 KM
Morley Road, Chaddesden, Derby £ 200,000BUY5 / 100.20 KM

Nearby Properties

AddressPriceDistance
111 Morley Road £ 255,0000.02 KM
102 Morley Road £ 295,0000.02 KM
112 Morley Road £ 159,5000.02 KM
87 Morley Road £ 79,5000.02 KM
105 Morley Road £ 350,0000.02 KM