Summary - 197, DERBY ROAD, CHESTERFIELD S40 2ET
2 bed 1 bath Terraced
Chain-free, low-maintenance terrace — good starter home or rental pick in a commuter location..
- Two double bedrooms, compact 613 sq.ft (56.9 sq.m)
- Refitted dining kitchen (2022) and re-fitted shower room
- Combi boiler serviced 2024; roof renewed 2014
- Low-maintenance rear garden with powered summerhouse
- Chain free with immediate vacant possession
- Solid brick walls; likely no cavity wall insulation
- Above-average local crime and very deprived area
- Potential rental yield approx. 6% at advertised price
A well-presented two-bedroom mid-terrace offered with immediate vacant possession — ideal for a first-time buyer, downsizer or investor. The home has been cared for in recent years with a refitted dining kitchen (2022), serviced combi boiler (2024) and uPVC double glazing. The layout gives a front reception room, kitchen/diner and two bedrooms upstairs, all within a compact 56.9 sq.m (613 sq.ft) footprint.
Outside is a low-maintenance rear garden with paved terraces, artificial lawn, plum slate border and a powered summerhouse — useful as a family space or a small home-working room. Practical extras include an outside water tap, electric socket, gate access and a right of way over a neighbouring property.
Location is convenient for local shops, bus routes and the train station, with straightforward commuter links to Chesterfield, Clay Cross and Alfreton. The property sits in an area of older terraces which suits buyers seeking an affordable entry into the market or a rental opportunity; a projected yield of about 6% is indicated at the listed price and local rental level.
Buyers should note the property is modest in size and built as a solid-brick terrace (likely without wall insulation) — typical of its era — which may mean higher heating costs than modern builds. The neighbourhood has above-average crime statistics and a high level of area deprivation; prospective purchasers should consider location factors and ongoing costs alongside the low asking price and council tax band.
Overall this is a compact, move-in-ready terraced home with sensible upgrades and clear potential for long-term savings or rental income, provided buyers are comfortable with the house size and local area profile.
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