2 Bed Flat, Single Let, Derby, DE23 6AR, £130,000

Whitaker Road, Derby, Derbyshire, DE23 6AR - a year ago

Leasehold
BTL
ROI: 2%
~61 m²
+10 photos

ValuationOvervalued

Sold Prices£38K - £170.5K
Sold Prices/m²£679/m² - £2.5K/m²

 

 

Square Metres

~61 m²
Price/m²£2.1K/m²

Value Estimate

£100,813

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£6,000

Total Cash In

£38,500

 

 

Cash Out

 

Rent Range

£700 - £2,450

Rent Estimate

£750

Running Costs/mo

£576

Cashflow/mo

£174

Cashflow/yr

£2,085

ROI

5%

Gross Yield

7%

Local Sold Prices

33 sold prices from £38K to £170.5K, average is £100K. £679/m² to £2.5K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£125K12/200.13 mi98b, St Chads Road, Derby, City Of Derby DE23 6RP2
£90K01/230.29 mi124, Northumberland Street, Derby, City Of Derby DE23 6UA2
£124K03/210.39 mi53, Farm Street, Derby, City Of Derby DE22 3UJ2
£170.5K09/220.43 mi19, Priory Heights Court, Derby, City Of Derby DE23 6AX2
£122.5K08/210.43 mi23, St Clares Close, Derby, Derbyshire DE22 3JG2
£162.5K04/210.43 mi10, Priory Heights Court, Derby, City Of Derby DE23 6AX2
£170K09/220.43 mi12, Priory Heights Court, Derby, City Of Derby DE23 6AX2
£162.5K07/220.43 mi7, Priory Heights Court, Derby, City Of Derby DE23 6AX2
£169K05/210.43 mi4, Priory Heights Court, Derby, City Of Derby DE23 6AX2
£150K07/210.43 mi25, Priory Heights Court, Derby, City Of Derby DE23 6AX2
£140.5K05/210.43 mi15, Priory Heights Court, Derby, City Of Derby DE23 6AX2
£130K08/210.45 mi4, Salisbury Street, Derby, City Of Derby DE23 6SL2
£100K11/210.46 mi16, Garden Lodge Close, Derby, City Of Derby DE23 6DD2
£95K10/210.49 mi11, St Swithins Close, Derby, City Of Derby DE22 3LG2
£110K03/230.49 mi21, St Swithins Close, Derby, City Of Derby DE22 3LG2
£136K06/210.51 mi103, Parliament Street, Derby, City Of Derby DE22 3RL2
£78.5K08/210.57 mi94, Gerard Street, Derby, City Of Derby DE1 1PH2
£87.5K11/200.57 mi114, Gerard Street, Derby, City Of Derby DE1 1PH2
£95K03/210.6 mi8, Namur Close, Derby, City Of Derby DE22 3JS2
£80K02/230.62 mi1, St Quentin Close, Derby, City Of Derby DE22 3JT2
£90K07/220.68 miFlat 14, Swinscoe House, Rosengrave Street, Derby, City Of Derby DE1 1PS2
£85K06/210.77 miFlat 5, Great Northern Point, Great Northern Road, Derby, City Of Derby DE1 1LZ2
£48K09/210.77 miFlat 27, Great Northern Point, Great Northern Road, Derby, City Of Derby DE1 1LZ2
£38K04/230.77 miFlat 31, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW2
£42.5K09/220.77 miFlat 5, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW2
£111K07/220.77 miFlat 41, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW2
£109K10/220.78 miFlat 52, Mill Point, Rowditch Place, Derby, City Of Derby DE22 3LR2
£94K08/210.78 miFlat 6, Mill Point, Rowditch Place, Derby, City Of Derby DE22 3LR2
£86K08/220.86 miFlat 15, Holmfield, Stenson Road, Derby, City Of Derby DE23 1QW2
£70K11/200.86 miFlat 1, Holmfield, Stenson Road, Derby, Derbyshire DE23 1QW2
£140K03/230.87 miFirst Floor Flat, 3, Friary Street, Derby, City Of Derby DE1 1JF2
£92.5K08/210.94 mi3, Jackdaw Close, Derby, City Of Derby DE22 3SY2
£92K11/210.97 mi19, Bloomfield Close, Derby, City Of Derby DE1 2FY2

Local Rents

50 rents from £700/mo to £2.5K/mo, average is £873/mo.

RentDateDistanceAddressBeds 
£89512/240.09 mi-2
£1,25012/240.11 mi-2
£1,25012/240.11 mi-2
£77503/240.17 mi100 Whitaker Road, Derby, DE232
£1,15011/240.2 mi-2
£75001/240.24 mi-2
£80001/250.24 mi-2
£76001/250.27 mi-2
£90012/240.27 mi-2
£90002/240.27 mi-2
£90012/240.27 mi-2
£90012/240.27 mi-2
£90001/250.27 mi-2
£90002/250.27 mi-2
£90003/250.27 mi-2
£85003/240.3 miAlmond Street2
£77512/240.31 mi-2
£80002/240.31 mi-2
£80012/240.31 miVale Mills, Derby, DE222
£80012/240.31 mi-2
£95005/240.31 mi-2
£95012/240.31 mi-2
£95001/250.31 mi-2
£95001/250.31 mi-2
£95001/240.32 mi-2
£85005/240.34 mi-2
£85004/240.34 miDarby Street, Derby, DE232
£85004/240.34 miDarby Street, Derby, DE232
£82512/240.34 mi-2
£89512/240.35 mi-2
£79512/240.35 mi-2
£70003/240.35 miBelvoir Street, Derby, Derbyshire2
£75012/240.36 miRiddings Street, Derby, DE222
£2,45001/250.36 mi-2
£85002/240.36 mi-2
£85002/250.37 mi-2
£75012/240.37 mi-2
£80011/240.37 mi-2
£80012/240.4 mi-2
£77503/240.4 mi-2
£77512/240.4 mi-2
£85011/240.4 mi-2
£79511/240.4 mi-2
£1,08312/240.41 miDean Street, Derby, 2
£1,00003/240.41 miFox House, Erasmus Drive2
£1,05003/240.41 miErasmus Drive, Derby2
£1,10003/240.41 miFox House, 2 Erasmus Drive, DE1 2ES2
£1,02503/240.41 miFox house, Erasmus Drive, Derby DE1 2EL2
£1,00004/240.41 miErasmus Drive, Derby2
£95005/240.41 miFox House, 2 Erasmus Drive DE1 2EL2

Local Area Statistics

Population in DE23

59,979

Population in Derby

308,324

Town centre distance

0.76 miles away

Nearest school

0.20 miles away

Nearest train station

1.09 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Price changed to £130,000

December 4, 2024

Price changed to £160,000

September 26, 2024

Listed for £170,000

April 13, 2024

Floor Plans

Description

  • TWO DOUBLE BEDROOMS +
  • OPEN PLAN KITCHEN/ LIVING ROOM +
  • UPVC DOUBLE GLAZED +
  • MODERN THROUGH-OUT +
  • OUTDOOR PATIO SPACE +
  • ALLOCATED PARKING +

IN THE UK’S BIG OPEN HOUSE EVENT, 28TH – 29TH SEPTEMBER, CALL TO VIEW.

Welcome to our charming ground floor apartment nestled in a serene neighbourhood, offering the perfect blend of comfort, convenience, and outdoor living. Step into this delightful two-bedroom abode, where modernity meets tranquillity.
Upon entering, you're greeted by a welcoming entrance hall leading to the spacious living area adorned with tasteful decor and abundant natural light streaming through the patio doors. The open layout seamlessly transitions into a well-appointed kitchen, complete with sleek countertops, and ample cabinet space for all your culinary needs. Whether you're whipping up a gourmet meal or enjoying a casual snack, this kitchen is sure to inspire your inner chef. The apartment boasts two cozy bedrooms, each providing a peaceful retreat for relaxation. The master bedroom features generous closet space, while the second bedroom offers flexibility for guests, a home office, or additional storage.
One of the highlights of this ground floor gem is its inviting outdoor area. Step outside onto a private patio, where you can bask in the sunshine, savour al fresco meals, or simply unwind with a good book amidst the lush greenery. Whether you're entertaining guests or enjoying a quiet moment alone, this outdoor space is sure to enhance your living experience.

Convenience is key with amenities such as assigned parking, easy access to nearby shops, restaurants, and public transportation.
Ideal for individuals, couples, or small families seeking a comfortable retreat with a touch of outdoor charm, this ground floor apartment offers a lifestyle of relaxation and convenience. Don't miss the opportunity to make this inviting space your new home sweet home!

Agent Details

Frank Innes, Derby

01332 215488

Next Steps?

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