Chellaston, Derby
Bridging Loans Chellaston Derby
Chellaston sits four miles south-east of Derby city centre on the southern edge of the Derby urban area, straddling the DE24 and DE73 postcodes along the A514 corridor toward Swarkestone and the A50 trunk road. Once a separate village in South Derbyshire, Chellaston was absorbed into the Derby unitary authority footprint and is now one of the city's principal post-1990s estate suburbs, with substantial new-build detached and semi-detached stock built out across the former Chellaston Quarry and surrounding farmland. We arrange specialist bridging finance across Chellaston daily, working with owner-occupier chain-break borrowers, with small developers on the continuing edge-of-village build-out, and with capital-raise borrowers across the wider DE73 detached market.
Indicative monthly rate
0.55–1.5%
Subject to LTV, exit and security
The area
Chellaston in context.
Chellaston takes its name from the medieval village of Chellaston on the southern Derbyshire ridge above the Trent valley. The village has historic significance as the source of the Chellaston Alabaster quarried from the local rock and used in the construction of medieval church monuments across England, including pieces at Westminster Abbey and Canterbury Cathedral. The historic village core sits around the parish church of St Peter on Church Hill, with the older village high street running along High Street and the green at the village heart.
From the 1990s onwards the parish was built out by major housebuilders including Wimpey, Persimmon, Barratt and Bovis Homes across the former Chellaston Quarry land and the surrounding farmland, with substantial volume of detached and semi-detached estate housing now covering most of the residential footprint. The newer estates at Sinfin Moor Lane, Snelsmoor Lane, Maple Drive and the wider Chellaston Park run from the A514 corridor south to the Swarkestone Causeway and the Trent floodplain. Across Derbyshire bridging activity, Chellaston sits in the suburban-professional upper band, comparable to Mickleover at the western end of the city, with consistent chain-break and capital-raise volume.
Sold-data signal
Property market in Chellaston.
Chellaston straddles DE24 9 at the older village and northern edge, where DE24 carries a postcode-area median sold price of around £192,000, and DE73 covering the substantial post-1990s estate build-out at the southern edge, where prices trade at substantially higher detached and semi-detached levels. Recent DE24 9 sales we track include a Chellaston Road semi at £121,000 and a Friary Avenue semi at £182,000 in the older inner village stock, with Maidstone Drive semis at £175,000 and Blandford Close semis at £170,000 in the wider DE24 9 footprint. The modern DE73 estates trade across a higher band, with the typical 1990s and 2000s detached stock at £290,000 to £450,000 and the larger four and five-bed family homes at the Chellaston Park edge reaching £500,000 to £700,000.
The property type split across Chellaston sits heavily toward detached and semi-detached stock on the modern DE73 estates, with the older village core in DE24 9 carrying a more mixed profile including semis, smaller terraces and pre-war detached. Lender appetite is shaped by the strong owner-occupier weighting in the modern build, by the appetite for new-build and post-2000 stock from the mainstream BTL lenders, and by the continuing developer activity at the southern edge of the parish.
Deal flow
Bridging activity in Chellaston.
Three deal flavours dominate Chellaston bridging. First, residential bridging on owner-occupier chain-break moves into and within the DE73 detached market. These regulated cases are passed to our regulated partner firms, with rates from 0.55% per month and typical LTVs of 65 to 70% against the borrower's existing home. The chain-break inflow into Chellaston from the inner Derby postcodes and from neighbouring South Derbyshire is among the highest single-archetype volume in the city's southern suburban band. Terms run 6 to 12 months against an open-market sale.
Development exit bridging on completed Chellaston schemes
development exit bridging on completed Chellaston schemes. Small developer schemes of two to twelve units at the southern edge of the parish and across the wider Chellaston Park footprint use development-exit bridges to refinance away from the development facility at practical completion while the units are marketing. We arrange these at 60 to 70% LTV against GDV, rates 0.75 to 0.95% per month, terms 6 to 12 months. The lower rate against the dev facility allows the developer time to clear stock at market value.
Capital-raise bridging against unencumbered DE73 detached stock
capital-raise bridging against unencumbered DE73 detached stock. Long-standing owners with mortgage-free houses across the post-1990s estates use second-charge bridges to fund deposit on the next acquisition or to fund extension and remodelling works. Typical loan band £200,000 to £600,000, 55 to 65% LTV, rate 0.85 to 1.05% per month, term 6 to 12 months. A fourth occasional stream is refurbishment bridging on the older DE24 9 village-core stock, where landlords pick up pre-war semis for refurbishment to BTL.
Streets and postcodes
Named streets we work across.
Chellaston straddles DE24 9 at the older village and northern edge and DE73 5, DE73 6 and DE73 7 at the post-1990s estate footprint south of the A514.
Postcode areas
Streets in our regular bridging flow (15)
Read the full Chellaston geography note ›
Chellaston straddles DE24 9 at the older village and northern edge and DE73 5, DE73 6 and DE73 7 at the post-1990s estate footprint south of the A514. The historic village runs along High Street, Church Hill and Chellaston Hill around the St Peter's parish church. Streets in our regular bridging flow include High Street, Chellaston Lane and Church Hill in the village core, Maple Drive, Snelsmoor Lane and Sinfin Moor Lane through the post-1990s estate build-out, Chellaston Road, Friary Avenue, Maidstone Drive, Blandford Close and Keldholme Lane across the wider DE24 9 boundary, and Tomlinson Drive, Foxglove Drive and the surrounding new-build at the Chellaston Park edge. Recent DE24 9 sold-data points include Chellaston Road at £121,000, Friary Avenue at £182,000, Maidstone Drive at £175,000 and Keldholme Lane flat at £112,000.
Demand drivers
Transport and rental demand.
Chellaston is reached from central Derby via the A514 Swarkestone Road, which runs south-east from the city through the village and on to the Swarkestone Causeway and the A50 trunk road. The A50 sits two miles south and provides fast access to the M1 at junction 24 at East Midlands Airport and to Stoke-on-Trent westwards. The A52 ring road crosses two miles north and connects to Nottingham. The A38 strategic corridor sits four miles west and provides M1 access at junction 28. Derby station is around four miles north-west, with direct services on the Midland Main Line to London St Pancras.
Demand drivers for Chellaston are concentrated around three pulls. The Toyota plant at Burnaston, three miles west, supplies the senior engineer and management commuter band that features prominently among DE73 owner-occupiers. The Rolls-Royce Sinfin engineering campus, three miles north-west, supplies a second professional commuter base. East Midlands Airport, eight miles south at the M1 junction, supplies aviation and logistics-sector commuters. The Chellaston Academy secondary catchment, one of the larger and higher-performing state secondaries in Derby, forms a strong social anchor pulling family buyers from across the wider city. That mix sustains chain-break liquidity at this end of Derbyshire bridging activity.
Recent work
Our work in Chellaston.
Recent Chellaston deals include a £520,000 chain-break bridge on a Maple Drive detached upsizer, passed to our regulated partner firm as a 9-month facility at 0.65% per month and 65% LTV against the borrower's existing Allestree home. We also provided a £1.4m development-exit bridge on an eight-unit Chellaston Park scheme at practical completion, refinancing away from the development facility at 0.85% per month and 60% LTV against GDV while the units were marketing. A third recent case raised £340,000 second-charge against an unencumbered Snelsmoor Lane post-2000 detached at 0.95% per month and 55% LTV, exited cleanly when the borrower completed a Mickleover plot acquisition and moved to a development facility. A fourth case completed a 14-day auction purchase on a probate older Chellaston village High Street semi at £218,000 with title insurance carrying the search shortfall.
Derby coverage
Where we work across Derby.
Chellaston sits inside a wider Derby bridging book. Click any marker to step into another area we cover.
FAQs
Chellaston bridging questions
Do you arrange development exit on small Chellaston schemes?
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Yes. Development exit bridging refinances away from a development facility once practical completion is reached and units are marketing. On Chellaston schemes of two to twelve units we typically arrange dev-exit bridges at 60 to 70% LTV against GDV, rates 0.75 to 0.95% per month, terms 6 to 12 months. The lower rate against the dev facility allows the developer time to clear stock at market value rather than fire-sale to clear lender pressure. The exit usually lands on the unit sales or on a single BTL refinance if units are retained.
What documents do you need to start a chain-break case in DE73?
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For a Chellaston chain-break we ask for the borrower's identification, three months of bank statements, an estate agent valuation or memorandum of sale on the existing home, and the offer particulars on the onward purchase. We pass the regulated work to our FCA-authorised partner firm who carries out the regulated activity and provides any required advice. Indicative terms typically inside 24 hours of submission. Completion at 10 to 21 days depending on the valuation and legal turnaround.
Tell us about the deal
Talk to a Chellaston bridging specialist.
Quick triage call, indicative lender terms inside 24 hours. We cover every DE postcode and the wider Derbyshire property market.
Next step
Talk to a Derby bridging specialist.
Indicative terms in 24 hours. We work on most cases within Derbyshire on a same-day enquiry response and complete in 7 to 21 days where the title and valuation cooperate.