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




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