2 Bed Flat, Single Let, Derby, DE73 5QB, £120,000
Parkway, Chellaston, DE73 5QB - a year ago
Sold STC
Leasehold
BTL
ROI: 8%
~68 m²





+2 photos
ValuationUndervalued
Sold Prices | £60K - £220K |
Sold Prices/m² | £1.7K/m² - £3.2K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £1.8K/m² |
Value Estimate | £142,903 |
BMV | 19% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £30,000 |
Stamp Duty & Legal Fees | £7,200 |
Total Cash In | £37,200 |
| |
Cash Out | |
Rent Range | £725 - £875 |
Rent Estimate | £795 |
Running Costs/mo | £554 |
Cashflow/mo | £241 |
Cashflow/yr | £2,892 |
ROI | 8% |
Gross Yield | 8% |
Local Sold Prices
22 sold prices from £60K to £220K, average is £124.3K. £1.7K/m² to £3.2K/m², average is £2.1K/m².
Local Rents
10 rents from £725/mo to £875/mo, average is £838/mo.
Local Area Statistics
Population in DE73 | 19,040 |
Population in Derby | 308,324 |
Town centre distance | 3.28 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 2.19 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +20% |
Sales demand | Seller's market |
Capital growth (5yrs) | +24% |
Property History
Listed for £120,000
December 14, 2023
Floor Plans

Description
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