3 Bed Flat, Single Let, Derby, DE1 2EB £220,000

Derby Riverside, Stuart Street, Derby, DE1 2EB - 23 views - 2 years ago
Leasehold
BTL
~93 m²
Property image
Property image
Property image
Property image

ValuationOvervalued

Sold Prices£86K - £520K
Sold Prices/m²£1.1K/m² - £5.4K/m²

 

 

Square Metres

~93 m²
Price/m²£2.4K/m²

Value Estimate

£214,091

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£7,800

Total Cash In

£62,800

 

 

Cash Out

 

Rent Range

£455 - £1,800

Rent Estimate

£449

Running Costs/mo

£797

Cashflow/mo

£-348

Cashflow/yr

£-4,180

Gross Yield

2%

Local Sold Prices

17 sold prices from £86K to £520K, average is £125K. £1.1K/m² to £5.4K/m², average is £1.8K/m².

Price
Date
Distance
Address
Beds
 
£122K01/250.4 miHawthorn House, Apartment 3, North Street, Derby DE1 3AZ3
£170K07/240.46 miFive Lamps House, Apartment 7, Belper Road, Derby DE1 3BP3
£223K09/220.56 mi28, Liversage Street, Derby, City Of Derby DE1 2LH3
£133K05/250.61 miApartment 1, 48, Vivian Street, Derby DE1 3RZ3
£133K05/250.61 miApartment 1, 48, Vivian Street, Derby DE1 3RZ3
£520K09/211.01 mi6, Penny Long Lane, Derby, City Of Derby DE22 1AW3
£123K04/231.16 mi68, Cobden Street, Derby, City Of Derby DE22 3GZ3
£125K08/241.73 mi6, Atlantic Way, Derby DE24 1AB3
£125K08/241.73 mi6, Atlantic Way, Derby DE24 1AB3
£91.5K12/241.88 miNorthview, 4, Burton Road, Derby DE23 6FS3
£91.5K12/241.88 mi4, Northview, Burton Road, Derby DE23 6FS3
£91.5K12/241.88 mi4, Northview, Burton Road, Derby DE23 6FS3
£168K03/252.04 miApartment 6, 43 Inglenook Court Apartments, Thornhill Road, Littleover, Derby DE23 6FZ3
£168K03/252.04 miApartment 6, 43 Inglenook Court Apartments, Thornhill Road, Littleover, Derby DE23 6FZ3
£123K08/252.22 mi61, Hall Park Close, Derby DE23 6GZ3
£86K06/232.94 mi89a, Sitwell Street, Spondon, Derby, City Of Derby DE21 7FH3
£208K11/212.97 mi32, South Avenue, Spondon, Derby, Derbyshire DE21 7FT3

Local Rents

50 rents from £455/mo to £1.8K/mo, average is £1.7K/mo.

Rent
Date
Distance
Address
Beds
 
£1,20008/250.17 mi-3
£92511/250.18 miHandyside Street, Five Lamps3
£82512/240.18 mi-3
£45508/250.22 miBuchanan Street, Derby, DE13
£65008/250.22 miBuchanan Street, Derby DE1 3BZ3
£1,70010/250.22 miSt. Marys Gate, DERBY3
£1,65008/250.22 miSt. Marys Gate, DERBY3
£1,75010/250.22 miSt. Marys Gate, DERBY3
£1,65010/250.22 miSt. Marys Gate, DERBY3
£1,70010/250.22 miSt. Marys Gate, DERBY3
£1,75010/250.22 miSt. Marys Gate, DERBY3
£1,60008/250.22 miSt. Marys Gate, DERBY3
£95011/240.22 mi-3
£1,75010/250.23 miMiddleton House, Derby, DE1 3FS3
£1,25009/250.23 miSt Marys Gate, Derby3
£1,40010/250.23 miSt Marys Gate, Derby3
£1,60009/250.23 miSt Marys Gate, Derby3
£1,45011/250.23 miSt Marys Gate, Derby3
£1,75010/250.23 miMiddleton House, Derby, DE1 3FS3
£1,75011/250.23 miSt. Marys Gate, Derby, Derbyshire, DE13
£1,75011/250.23 miSt. Marys Gate, Derby, Derbyshire, DE13
£1,74505/250.25 miSadler Gate, Derby, DE13
£1,69509/250.25 miSadler Gate, Derby, DE13
£1,74505/250.25 mi-3
£1,69509/250.25 mi-3
£1,75007/250.25 miSt. Marys Gate, Derby, Derbyshire, DE1 3FS3
£1,75008/250.25 miSt. Marys Gate, Derby, Derbyshire, DE1 3FS3
£1,75008/250.25 miSt. Marys Gate, Derby, Derbyshire, DE1 3FS3
£1,75010/250.25 miSt. Marys Gate, Derby, Derbyshire, DE1 3FS3
£1,75010/250.25 miSt. Marys Gate, Derby, Derbyshire, DE1 3FS3
£1,75011/250.25 miSt. Marys Gate, Derby, Derbyshire, DE1 3FS3
£1,65011/250.25 miSt. Marys Gate, Derby, Derbyshire, DE1 3FS3
£1,65011/250.25 miSt. Marys Gate, Derby, Derbyshire, DE1 3FS3
£1,65011/250.25 miSt. Marys Gate, Derby, Derbyshire, DE1 3FS3
£1,65011/250.25 miSt. Marys Gate, Derby, Derbyshire, DE1 3FS3
£1,65011/250.25 miSt. Marys Gate, Derby, Derbyshire, DE1 3FS3
£1,65011/250.25 miSt. Marys Gate, Derby, Derbyshire, DE1 3FS3
£1,20009/250.25 mi-3
£1,75003/240.26 miApartment 23, Middleton House, Derby DE1 3FS3
£1,70003/240.26 miSt Marys Gate, Derby3
£1,70011/250.26 miSt. Marys Gate, Derby, Derbyshire, DE13FS3
£1,70011/250.26 miSt. Marys Gate, Derby, Derbyshire, DE13FS3
£1,70011/250.26 miSt. Marys Gate, Derby, Derbyshire, DE13FS3
£1,70011/250.26 miSt. Marys Gate, Derby, Derbyshire, DE13FS3
£1,70008/250.26 miSadler Gate, Derby, DE13
£1,80009/250.26 miLuxury Apartment, Sadler Gate, Derby3
£1,70011/250.27 miSt. Marys Gate, Derby, Derbyshire, DE1 3FS3
£1,70011/250.27 miSt. Marys Gate, Derby, Derbyshire, DE1 3FS3
£1,70011/250.27 miSt. Marys Gate, Derby, Derbyshire, DE1 3FS3
£1,75003/240.27 miMiddleton House, 27 St. Marys Gate, DE1 3JR3

Local Area Statistics

Population in DE1

14,046

Population in Derby

308,324

Town centre distance

0.72 miles away

Nearest school

0.10 miles away

Nearest train station

0.81 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+9%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Listed for £220,000

February 1, 2024

Floor Plans

Property image

Description

  • Most Spacious Duplex Two/Three Bedroom Penthouse Apartment +
  • Stunning Panoramic Views of Derby from the Seventh & Eighth Floor +
  • The Best City Centre Views in Derby - Views towards Catherdral & Silk Mill +
  • Around 1250 Square Feet of Accommodation with Three Balconies +
  • Communal Entrance Hall with Stairs and Lift to all Floors +
  • Entrance Hallway, Two Bedrooms, Bathroom & Primary Bedroom with En-Suite +
  • Spacious Lounge/Bedroom Three with Balcony +
  • Spacious Dining Kitchen with Two Balconies & Utility Room +
  • Secure Gated Car Park with Allocated Parking Space +
  • No Chain Involved +

MOST SPACIOUS PENTHOUSE WITH STUNNING RIVERSIDE VIEWS - A most spacious duplex penthouse apartment, offering around 1250 square feet of accommodation area with two/three double bedrooms and three balconies with arguably some of the finest views in Derby City Centre. The property offers easy access into Derby City centre across a pedestrian bridge over the River Derwent. Darley Park and Darley Fields are located just a short walk away along Riverside footpaths.

The Details - The spacious top floor duplex apartment is situated on the seventh and eighth floor and offers incredible far reaching panoramic views that really have to be viewed to be fully appreciated. The property also offers a secure gated car park with electric gates and an allocated parking space.

The property is accessed through a communal entrance and there are stairs and lift to all floors. This apartment has a lift to the seventh floor and is the only apartment accessed off this landing area. The property has electric heating, aluminium double glazed windows and in brief comprises: entrance hallway, understairs storage, spacious lounge/bedroom with balcony, two bedrooms and bathroom. The primary bedroom has the benefit of an en-suite facility. There are stairs leading to the eighth floor and a spacious dining kitchen with separate utility room and two spacious balconies.

Location & Amenities - The property is located in this central location on the banks of the River Derwent, just a short walk from the City centre, which offers easy access to a full range of amenities including restaurants and bars within Friar Gate and the Cathedral Quarter, together with the Derbion shopping centre. Darley Fields recreational ground is situated just a few minutes walk away, Darley Park and the delightful River Derwent all combine to offer pleasant walks and an array of outdoor activities, again within walking distance of this property This property's location offers great access to Derby Railway Station and the nearby A38, A52 linking to the M1 Motorway and the main motorway network. The location is also convenient for Pride Park and employment opportunities at University of Derby, The Royal Derby Hospital, Rolls-Royce and Alstom Trains.

Leasehold & Service Charge - There is a 999 year lease that started in 2004. There is around 980 years remaining.
The service charge is £178 per month and there is an annual ground rent of £350

Measured By Matterport - The room measurements, floor areas and floor plans have been created using Matterport. The room measurements and sizes are approximate and the actual sizes may vary.

Council Tax Band - C - Derby City Council

Agent Details

Curran Birds + Co, Derby

01332 959030

Next Steps?

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