3 Bed Terraced House, Single Let, Derby, DE22 3SR, £220,000

Jay Court, Derby, DE22 3SR - 2 years ago

BTL
~93 m²

ValuationOvervalued

Sold Prices£90K - £325K
Sold Prices/m²£1.3K/m² - £2.5K/m²

 

 

Square Metres

~93 m²
Price/m²£2.4K/m²

Value Estimate

£166,561

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£12,200

Total Cash In

£67,200

 

 

Cash Out

 

Rent Range

£325 - £2,795

Rent Estimate

£376

Running Costs/mo

£783

Cashflow/mo

£-407

Cashflow/yr

£-4,880

Gross Yield

2%

Local Sold Prices

50 sold prices from £90K to £325K, average is £159.8K. £1.3K/m² to £2.5K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£158K10/210.06 mi59, Slack Lane, Derby, City Of Derby DE22 3FN3
£115K10/210.11 mi4, Lloyd Street, Derby, Derbyshire DE22 3ET3
£147.5K07/210.16 mi23, Hawke Street, Derby, City Of Derby DE22 3DQ3
£161K03/210.19 mi27, Campion Street, Derby, City Of Derby DE22 3EH3
£100K03/230.22 mi27, Langley Street, Derby, City Of Derby DE22 3GN3
£149K05/210.23 mi67, Cheviot Street, Derby, City Of Derby DE22 3EX3
£132K06/210.23 mi13, Cheviot Street, Derby, City Of Derby DE22 3EX3
£116.5K10/200.24 mi27, Radbourne Street, Derby, City Of Derby DE22 3HD3
£130K03/230.25 mi116, Uttoxeter Old Road, Derby, City Of Derby DE1 1GE3
£180K06/210.26 mi6, Heyworth Street, Derby, City Of Derby DE22 3DL3
£150K07/230.27 mi24, Stepping Lane, Derby, City Of Derby DE1 1GJ3
£150K02/230.28 mi106, Peel Street, Derby, City Of Derby DE22 3GH3
£150K07/210.29 mi27, Peel Street, Derby, City Of Derby DE22 3GJ3
£187K06/230.3 mi18, College Mews, Derby, City Of Derby DE1 1UT3
£95.5K02/230.3 mi37, Sims Avenue, Derby, City Of Derby DE1 1GS3
£165K12/220.3 mi8, Lyttelton Street, Derby, City Of Derby DE22 3FD3
£175K05/230.3 mi4, Mackenzie Street, Derby, City Of Derby DE22 3DD3
£125K06/210.32 mi81, Manchester Street, Derby, City Of Derby DE22 3GD3
£249.9K08/220.32 mi38, Slater Avenue, Derby, City Of Derby DE1 1GT3
£245K07/230.32 mi37, Slater Avenue, Derby, City Of Derby DE1 1GT3
£222K05/210.33 mi28, Manchester Street, Derby, City Of Derby DE22 3GA3
£172K02/230.33 mi76, Manchester Street, Derby, City Of Derby DE22 3GA3
£125K11/200.34 mi14, Wallace Street, Derby, City Of Derby DE22 3FB3
£175K02/230.34 mi44, Cheviot Street, Derby, City Of Derby DE22 3EY3
£210K07/220.35 mi27, Slater Avenue, Derby, City Of Derby DE1 1GT3
£175K02/230.37 mi64, Ashbourne Road, Derby, City Of Derby DE22 3AF3
£210K12/220.37 mi7, Rowditch Avenue, Derby, City Of Derby DE22 3LE3
£206K07/210.39 mi121, Radbourne Street, Derby, City Of Derby DE22 3BW3
£120K01/230.4 mi33, Lyttelton Street, Derby, City Of Derby DE22 3FE3
£144K06/210.41 mi25, Crosby Street, Derby, City Of Derby DE22 3NY3
£240K04/230.41 mi58, Merchant Street, Derby, City Of Derby DE22 3AQ3
£190K03/230.41 mi81, Windmill Hill Lane, Derby, City Of Derby DE22 3BN3
£127.5K11/200.41 mi109, Cheviot Street, Derby, City Of Derby DE22 3EZ3
£230K12/220.43 mi11, South Street, Derby, City Of Derby DE1 1DS3
£130K08/210.43 mi5, Freehold Street, Derby, City Of Derby DE22 3QZ3
£185K06/230.44 mi125, Markeaton Street, Derby, City Of Derby DE1 1DX3
£152.5K02/210.44 mi11, Markeaton Street, Derby, City Of Derby DE1 1DX3
£181K01/230.45 mi13, Raleigh Street, Derby, City Of Derby DE22 3FF3
£210K05/230.48 mi166, Kingsway, Derby, City Of Derby DE22 3FH3
£185K11/200.48 mi52, Larges Street, Derby, Derbyshire DE1 1DN3
£193K03/210.48 mi54, Larges Street, Derby, City Of Derby DE1 1DN3
£325K10/210.49 mi66b, Friar Gate, Derby, City Of Derby DE1 1DJ3
£185K11/210.5 mi384, Uttoxeter New Road, Derby, City Of Derby DE22 3HX3
£230K02/230.51 mi390, Uttoxeter New Road, Derby, City Of Derby DE22 3HX3
£90K03/210.56 mi19, Moss Street, Derby, City Of Derby DE22 3WG3
£142K08/230.56 mi37, Moss Street, Derby, City Of Derby DE22 3WG3
£110K08/210.58 mi65, Westbury Street, Derby, City Of Derby DE22 3PP3
£158.5K02/210.58 mi9, Brentford Drive, Derby, City Of Derby DE22 4BN3
£128K05/210.59 mi9, Kensal Rise, Derby, City Of Derby DE22 4DA3
£140K01/210.59 mi6, Kensal Rise, Derby, City Of Derby DE22 4DA3

Local Rents

50 rents from £325/mo to £2.8K/mo, average is £925/mo.

RentDateDistanceAddressBeds 
£89503/240.06 mi-3
£89512/240.06 miSlack Lane, Derby, DE223
£90001/250.08 mi-3
£85012/240.08 miPeach Street, Derby3
£85012/240.08 miArnold Street3
£80012/240.09 miHowe Street, DERBY3
£95012/240.11 mi-3
£1,10002/240.11 mi-3
£1,43012/240.12 miCampion Street, Derby, 3
£1,43012/240.12 miCampion Street, Derby, 3
£39012/240.13 miStudent Property 24-253
£92512/240.14 mi-3
£43312/240.15 miStables Street3
£52012/240.15 miStudent Lettings 2023 - 20243
£1,20002/250.15 mi-3
£82012/240.16 mi-3
£90003/240.16 mi-3
£1,56012/240.16 miStables Street, Derby, DE223
£1,00012/240.16 miStables Street, Derby, DE223
£2,79512/240.16 mi-3
£2,79512/240.16 mi-3
£87512/240.17 miStanley Street, Derby, DE22 3GT3
£54212/240.18 miEtwall Street, Derby3
£55912/240.18 miEtwall Street - Student Property!3
£47712/240.19 miMorley Street, Derby3
£1,49512/240.19 miCampion Street, Derby, 3
£1,75512/240.19 miLangley Street, Derby, Derbyshire, DE22 3GL3
£1,40403/240.2 miWild Street, Derby, Derbyshire, DE13
£1,36503/240.2 miWild Street, Derby, DE13
£48103/240.22 miWild Street3
£1,10012/240.22 mi-3
£1,20012/240.22 mi-3
£1,10004/250.22 mi-3
£1,62512/240.22 miLangley Street, Derby, Derbyshire, DE223
£90012/240.22 miMackenzie Street, DERBY3
£1,19212/240.24 miRadbourne Street, Derby3
£85001/250.24 mi-3
£1,49504/240.25 miStepping Lane, Derby, 3
£80012/240.25 miRadbourne Street, Derby3
£32512/240.25 miRadbourne Street3
£36812/240.26 miCecil Street - Students - 24 -253
£1,36512/240.26 miCobden Street, Derby, Derbyshire, DE223
£53312/240.26 miHandford Street3
£47712/240.27 miCobden Street3
£45512/240.28 miPeel Street, Derby3
£1,62512/240.28 miPeel Street, Derby, Derbyshire, DE22 3GH3
£1,62512/240.28 miPeel Street, Derby, Derbyshire, DE22 3GH3
£1,00005/240.29 mi-3
£1,00012/240.29 miSurrey Street, Derby, DE223
£92502/250.29 mi-3

Local Area Statistics

Population in DE22

46,001

Population in Derby

308,324

Town centre distance

1.18 miles away

Nearest school

0.30 miles away

Nearest train station

1.58 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+2%

Sales demand

Seller's market

Capital growth (5yrs)

+15%

Property History

Price changed to £220,000

January 15, 2025

Listed for £230,000

July 21, 2023

Floor Plans

Description

  • End-Terrace Townhouse +
  • Three Bedrooms +
  • En-Suite And Family Bathroom & Downstairs W.C +
  • Driveway & Integral Garage +
  • Sitting Tennent +
  • Great Investment +
  • Great Transport Links +
  • Easy Access To City Centre +
  • No Upward Chain +

The Property
COMING SOON!!! Be the first to register your interest on this three bedroom end-terraced townhouse being sold with sitting tenant. Situated within a prominent location of Derby this deceptively spacious property offers great rental potential as well as a guaranteed income until 2025 with the properties current tenant.

Offering great access into to Derby city centre, local amenities, Derby University and it also has fabulous commuting links. Due to the high demand for this particular type of property we highly recommend booking your viewing now to avoid disappointment.

Internal Photo and floor plan soon to be available.

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Derby

020 3840 3860

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪