Gadsby Nichols says ..

Property Oracle says ..

This property on Derby Road, Chellaston, offers a unique combination of residential and commercial space. The front of the property houses a shop (currently a vape shop and coffee to go), while the rear and upper floors comprise a three-bedroom, two-bathroom semi-detached house. The interior presents a well-maintained and modernised living space with a modern kitchen and bathrooms, and a relatively spacious living area. The photos show a recently refurbished living area and kitchen. The property benefits from proximity to several schools including highly rated primary schools, increasing its appeal to families. While the location offers convenience due to its proximity to amenities, the main road position may detract from the property for those seeking a quieter residential atmosphere. The property includes a modest rear garden and patio, ideal for outdoor relaxation. The listing price appears to reflect market values in the area, although a precise comparison is difficult without full details of nearby sales. Overall, it presents an interesting investment opportunity due to the combined residential and commercial aspects, suitable for owner-occupiers or investors seeking rental income from the shop. It’s important to note that the plot size (listed as 0.00 sqft) requires clarification. Also a lack of precise square footage information of other properties prevents a full price per sqft analysis, hindering a definitive conclusion on pricing.

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

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