3 Bed Semi-Detached House, Refurb/BRRR, Derby, DE3 0EP, £200,000





ValuationOvervalued
Sold Prices | £123.3K - £269.9K |
Sold Prices/m² | £1.3K/m² - £4.3K/m² |
| |
Square Metres | ~73 m² |
Price/m² | £2.7K/m² |
Value Estimate | £165,750£165,750 |
| |
End Value (After Refurb) | £188,934£188,934 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging LoanBridging Loan |
Deposit (25%) | £50,000£50,000 |
Stamp Duty & Legal Fees | £11,200£11,200 |
Refurb Costs | £29,581£29,581 |
Bridging Loan Interest | £5,250£5,250 |
Total Cash In | £97,781£97,781 |
| |
Cash Out | |
Monetisation | FlipRefinance & RentRefinance & Rent |
Revaluation | £188,934£188,934 |
Mortgage (After Refinance) | £141,700£141,700 |
Mortgage LTV | 75%75% |
Cash Left In | £97,781£97,781 |
Equity | £47,233£47,233 |
Rent Range | £900 - £1,350£900 - £1,350 |
Rent Estimate | £950 |
Running Costs/mo | £800£800 |
Cashflow/mo | £150£150 |
Cashflow/yr | £1,795£1,795 |
ROI | 2%2% |
Gross Yield | 6%6% |
Local Sold Prices
50 sold prices from £123.3K to £269.9K, average is £205K. £1.3K/m² to £4.3K/m², average is £2.5K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£211K | 01/23 | 0.01 mi | 33, Fenton Road, Mickleover, Derby, City Of Derby DE3 0EP | - | - | 3 | Semi-Detached House | |
£222K | 10/21 | 0.01 mi | 37, Fenton Road, Mickleover, Derby, City Of Derby DE3 0EP | £2,003 | 111 | 3 | Semi-Detached House | |
£220K | 10/20 | 0.01 mi | 54, Fenton Road, Mickleover, Derby, Derbyshire DE3 0EP | £2,472 | 89 | 3 | Semi-Detached House | |
£240K | 11/22 | 0.04 mi | 142, Vicarage Road, Mickleover, Derby, City Of Derby DE3 0EG | £2,288 | 105 | 3 | Semi-Detached House | |
£190K | 05/21 | 0.04 mi | 164, Vicarage Road, Mickleover, Derby, City Of Derby DE3 0EG | £2,568 | 74 | 3 | Semi-Detached House | |
£175K | 12/20 | 0.04 mi | 150, Vicarage Road, Mickleover, Derby, City Of Derby DE3 0EG | £2,134 | 82 | 3 | Semi-Detached House | |
£175K | 03/21 | 0.05 mi | 1, Fenton Road, Mickleover, Derby, City Of Derby DE3 0EN | £2,500 | 70 | 3 | Semi-Detached House | |
£230K | 11/21 | 0.07 mi | 163a, Vicarage Road, Mickleover, Derby, City Of Derby DE3 0EF | - | - | 3 | Detached House | |
£225K | 02/21 | 0.07 mi | 207, Vicarage Road, Mickleover, Derby, City Of Derby DE3 0EF | £2,711 | 83 | 3 | Semi-Detached House | |
£222K | 07/22 | 0.08 mi | 68, West Drive, Mickleover, Derby, City Of Derby DE3 0EU | - | - | 3 | Terraced House | |
£260.1K | 10/22 | 0.1 mi | 65, Draycott Drive, Mickleover, Derby, City Of Derby DE3 0QE | £3,096 | 84 | 3 | Semi-Detached House | |
£235K | 10/21 | 0.1 mi | 30, Draycott Drive, Mickleover, Derby, City Of Derby DE3 0QE | £2,975 | 79 | 3 | Semi-Detached House | |
£184K | 02/23 | 0.1 mi | 31, Draycott Drive, Mickleover, Derby, City Of Derby DE3 0QE | - | - | 3 | Semi-Detached House | |
£190K | 02/21 | 0.1 mi | 35, Draycott Drive, Mickleover, Derby, City Of Derby DE3 0QE | £2,135 | 89 | 3 | Semi-Detached House | |
£212K | 12/20 | 0.1 mi | 65, Draycott Drive, Mickleover, Derby, City Of Derby DE3 0QE | £2,524 | 84 | 3 | Semi-Detached House | |
£150K | 10/21 | 0.1 mi | 27, Farneworth Road, Mickleover, Derby, City Of Derby DE3 0EQ | - | - | 3 | Terraced House | |
£217.5K | 07/22 | 0.1 mi | 27, Farneworth Road, Mickleover, Derby, City Of Derby DE3 0EQ | - | - | 3 | Terraced House | |
£185K | 10/22 | 0.1 mi | 2d, Farneworth Road, Mickleover, Derby, City Of Derby DE3 0EQ | - | - | 3 | Terraced House | |
£210K | 03/21 | 0.11 mi | 84, West Drive, Mickleover, Derby, City Of Derby DE3 0EU | £2,039 | 103 | 3 | Semi-Detached House | |
£220K | 03/23 | 0.12 mi | 48, West Drive, Mickleover, Derby, City Of Derby DE3 0EU | - | - | 3 | Semi-Detached House | |
£210K | 10/20 | 0.12 mi | 11, Seaton Close, Mickleover, Derby, City Of Derby DE3 0QH | £2,727 | 77 | 3 | Semi-Detached House | |
£197.5K | 06/21 | 0.13 mi | 10, Adwick Close, Mickleover, Derby, City Of Derby DE3 0QX | £2,904 | 68 | 3 | Semi-Detached House | |
£210K | 03/23 | 0.13 mi | 221, Ladybank Road, Mickleover, Derby, City Of Derby DE3 0RR | - | - | 3 | Terraced House | |
£157K | 03/21 | 0.14 mi | 137, Vicarage Road, Mickleover, Derby, City Of Derby DE3 0EE | £1,996 | 79 | 3 | Terraced House | |
£198.5K | 11/22 | 0.14 mi | 125, Vicarage Road, Mickleover, Derby, City Of Derby DE3 0EE | £2,836 | 70 | 3 | Terraced House | |
£205K | 12/22 | 0.15 mi | 106, Farneworth Road, Mickleover, Derby, City Of Derby DE3 0ES | £2,929 | 70 | 3 | Semi-Detached House | |
£205K | 05/23 | 0.15 mi | 122, Farneworth Road, Mickleover, Derby, City Of Derby DE3 0ES | - | - | 3 | Terraced House | |
£197K | 09/22 | 0.15 mi | 116, Farneworth Road, Mickleover, Derby, City Of Derby DE3 0ES | £2,855 | 69 | 3 | Terraced House | |
£137.5K | 11/20 | 0.15 mi | 124, Farneworth Road, Mickleover, Derby, City Of Derby DE3 0ES | £1,964 | 70 | 3 | Terraced House | |
£186K | 12/22 | 0.15 mi | 124, Farneworth Road, Mickleover, Derby, City Of Derby DE3 0ES | £2,657 | 70 | 3 | Terraced House | |
£220K | 02/21 | 0.16 mi | 1, Hoylake Drive, Mickleover, Derby, City Of Derby DE3 0QA | £2,895 | 76 | 3 | Semi-Detached House | |
£195K | 06/21 | 0.18 mi | 6, Cookham Close, Mickleover, Derby, City Of Derby DE3 0RB | £2,301 | 85 | 3 | Semi-Detached House | |
£235K | 04/23 | 0.18 mi | 3, Cookham Close, Mickleover, Derby, City Of Derby DE3 0RB | - | - | 3 | Semi-Detached House | |
£135.5K | 05/21 | 0.18 mi | 56, Farneworth Road, Mickleover, Derby, City Of Derby DE3 0ER | - | - | 3 | Terraced House | |
£135.5K | 05/21 | 0.18 mi | 56, Farneworth Road, Mickleover, Derby, City Of Derby DE3 0ER | - | - | 3 | Terraced House | |
£210K | 12/20 | 0.2 mi | 4, Swayfield Close, Mickleover, Derby, City Of Derby DE3 0RN | £2,530 | 83 | 3 | Semi-Detached House | |
£247K | 11/22 | 0.2 mi | 18, Drysdale Road, Mickleover, Derby, City Of Derby DE3 0PR | £2,975 | 83 | 3 | Semi-Detached House | |
£185K | 01/21 | 0.21 mi | 5, Starcross Court, Mickleover, Derby, City Of Derby DE3 0PW | £2,434 | 76 | 3 | Semi-Detached House | |
£123.3K | 05/21 | 0.21 mi | 3, Burnham Drive, Mickleover, Derby, City Of Derby DE3 0QZ | £1,311 | 94 | 3 | Semi-Detached House | |
£269.9K | 09/21 | 0.22 mi | 77, Vicarage Road, Mickleover, Derby, City Of Derby DE3 0ED | £2,812 | 96 | 3 | Semi-Detached House | |
£176K | 10/20 | 0.22 mi | 105, Vicarage Road, Mickleover, Derby, City Of Derby DE3 0ED | £2,479 | 71 | 3 | Semi-Detached House | |
£248K | 11/22 | 0.23 mi | 11, Denver Road, Mickleover, Derby, City Of Derby DE3 0PS | - | - | 3 | Detached House | |
£192.5K | 06/21 | 0.23 mi | 10, Kingsmuir Road, Mickleover, Derby, City Of Derby DE3 0PY | £4,285 | 45 | 3 | Semi-Detached House | |
£219.9K | 10/21 | 0.23 mi | 17, Kingsmuir Road, Mickleover, Derby, Derbyshire DE3 0PY | - | - | 3 | Semi-Detached House | |
£170K | 01/21 | 0.23 mi | 6, Kingsmuir Road, Mickleover, Derby, City Of Derby DE3 0PY | £2,179 | 78 | 3 | Semi-Detached House | |
£205K | 02/21 | 0.23 mi | 35, Kingsmuir Road, Mickleover, Derby, City Of Derby DE3 0PY | £2,628 | 78 | 3 | Semi-Detached House | |
£242K | 03/21 | 0.23 mi | 41, Kingsmuir Road, Mickleover, Derby, City Of Derby DE3 0PY | £2,305 | 105 | 3 | Semi-Detached House | |
£199.9K | 10/20 | 0.24 mi | 41, Chilson Drive, Mickleover, Derby, City Of Derby DE3 0PG | £2,856 | 70 | 3 | Semi-Detached House | |
£208K | 05/21 | 0.24 mi | 39, Chilson Drive, Mickleover, Derby, City Of Derby DE3 0PG | - | - | 3 | Semi-Detached House | |
£199.9K | 02/21 | 0.24 mi | 75, Chilson Drive, Mickleover, Derby, City Of Derby DE3 0PG | £2,597 | 77 | 3 | Semi-Detached House |
Local Rents
24 rents from £900/mo to £1.4K/mo, average is £1.1K/mo.
Rent | Date | Distance | Address | Beds | Type | |
£950 | 04/24 | 0.06 mi | Fenton Road, Mickleover, Derby | 3 | Terraced House | |
£1,150 | 03/25 | 0.09 mi | - | 3 | Terraced House | |
£995 | 03/24 | 0.12 mi | Barnwood Close, Mickleover | 3 | Semi-Detached House | |
£1,100 | 03/24 | 0.14 mi | Vicarage Road, Mickleover, Derby, Derbyshire | 3 | Terraced House | |
£1,050 | 04/24 | 0.14 mi | Vicarage Road, Mickleover, Derby, Derbyshire | 3 | Terraced House | |
£1,050 | 04/24 | 0.14 mi | Hoylake Court, Mickleover | 3 | Semi-Detached House | |
£900 | 03/24 | 0.22 mi | Vicarage Road, Mickleover, Derby, Derbyshire | 3 | Terraced House | |
£1,000 | 03/24 | 0.24 mi | Chilson Drive, Mickleover, Derby | 3 | Semi-Detached House | |
£1,100 | 04/24 | 0.26 mi | - | 3 | Semi-Detached House | |
£1,100 | 04/24 | 0.28 mi | - | 3 | Flat | |
£1,100 | 05/24 | 0.31 mi | Chilson Drive, Mickleover, Derby | 3 | Semi-Detached House | |
£1,050 | 04/24 | 0.32 mi | Ladybank Road, Mickleover | 3 | Detached House | |
£925 | 03/24 | 0.33 mi | Banwell Close, Mickleover, Derby | 3 | Semi-Detached House | |
£1,200 | 03/24 | 0.35 mi | Bay Close, Mickleover | 3 | Detached House | |
£995 | 03/24 | 0.45 mi | Portland Close, Mickleover, Derby | 3 | Detached House | |
£1,200 | 03/24 | 0.53 mi | Snowdrop Road, Mickleover, Derby | 3 | Semi-Detached House | |
£1,200 | 04/24 | 0.56 mi | Harper Drive, Mickleover | 3 | Semi-Detached House | |
£1,075 | 03/24 | 0.56 mi | Bain Gardens, Mickleover, Derbyshire | 3 | Detached House | |
£1,075 | 04/24 | 0.56 mi | Bain Gardens, Mickleover, Derby | 3 | Terraced House | |
£1,350 | 02/24 | 0.58 mi | - | 3 | Semi-Detached House | |
£1,350 | 04/24 | 0.58 mi | - | 3 | Semi-Detached House | |
£1,200 | 03/24 | 0.58 mi | - | 3 | Semi-Detached House | |
£1,350 | 03/24 | 0.58 mi | Myrtle Avenue, Mickleover, Derby, DE3 | 3 | Semi-Detached House | |
£1,150 | 04/24 | 0.59 mi | Uttoxeter Road, Derby, Derbyshire, DE3 | 3 | Semi-Detached House |
Local Area Statistics
Population in DE3 | 17,09417,094 |
Population in Derby | 308,324308,324 |
Town centre distance | 3.22 miles away3.22 miles away |
Nearest school | 0.10 miles away0.10 miles away |
Nearest train station | 3.36 miles away3.36 miles away |
| |
Rental growth (12m) | -2%-2% |
Sales demand | Seller's marketSeller's market |
Capital growth (5yrs) | +10%+10% |
Property History
Listed for £200,000
April 24, 2024
Floor Plans

Description
- CHAIN FREE +
- SUPERB POTENTIAL +
- GENEROUS PLOT +
- RENOVATION NEEDED +
- SPACIOUS DOUBLE BEDROOMS +
- BUILT-IN PANTRY IN KITCHEN +
- GAS FIRE IN LOUNGE ROOM +
- QUIET CUL DE SAC LOCATION +
- CLOSE TO SCHOOL AND AMENITIES +
- PRIVATE GARDEN SPACE FOR CHILDREN +
Chain free and positioned on a generous plot, a semi-detached property with great potential for renovation and customization, featuring three bedrooms, a spacious kitchen with garden views, and a charming reception room, located in a quiet cul de sac close to schools and parks in a strong community spirit area.
Summary Description - Presenting this semi-detached property, currently listed for sale. Although in need of a full scheme of renovation, it offers superb potential and makes a perfect project for families, couples, first-time buyers, or investors looking for a property with a personal touch.
The house boasts three bedrooms. Two of them are spacious doubles, offering ample space for all your comforts, while the third is a generous single, perfect for a child's room or home office. However, the interiors are open to your creativity and can be transformed to suit your specific needs.
The kitchen is one of the key highlights of this property. It features a built-in pantry for plenty of storage, a dining space for family meals, and a lovely view of the garden, making cooking a delight. The reception room, with its fireplace and garden view, is a warm and inviting space where you can relax or entertain guests.
The location of the property is another of its main assets. It is set in a quiet cul de sac, known for its strong local community spirit. The location is also great for families as it is close to schools and local amenities. For nature lovers, there are several nearby parks to explore and enjoy.
The property also features a garden, providing a safe and private outdoor space for children to play or for you to cultivate your green thumb. With its unique features and excellent location, this property is a wonderful opportunity to create your dream home.
Entrance Hall - Storage cupboard with gas and electric meters.
Lounge - 3.72 x 3.82 (12'2" x 12'6") - With gas fire.
Kitchen/Diner - 2.62 x 4.8 (8'7" x 15'8") - Built in pantry.
Stairs/Landing - Airing cupboard with hot water cylinder, access to roof space.
Bedroom One - 3.71 x 3.07 (12'2" x 10'0") -
Bedroom Two - 2.61 x 3.7 (8'6" x 12'1") -
Bedroom Three - 2.19 x 2.6 (7'2" x 8'6") - Over stairs storage cupboard.
Bathroom - Bathtub with chrome hot and cold taps, wall mounted wash hand basin with chrome hot and cold taps, toilet.
Outside - Positioned on a generous plot, offering the buyer much potential (subject to necessary permissions). Lawn envelopes the property to the front, side and rear. You will also find a useful under stairs storage cupboard, accessed near the rear door to the house.
Material Information - Verified Material Information
Council tax band: B
Council tax annual charge: £1562.64 a year (£130.22 a month)
Tenure: Freehold
Property type: House
Property construction: Standard form
Number and types of room: 3 bedrooms, 1 bathrooms, 1 receptions
Electricity supply: Mains electricity
Solar Panels: No
Other electricity sources: No
Water supply: Mains water supply
Sewerage: Mains
Heating: None
Heating features: None
Broadband: None
Mobile coverage: O2 - Excellent, Vodafone - Excellent, Three - Excellent, EE - Excellent
Parking: On Street
Building safety issues: No
Restrictions - Listed Building: No
Restrictions - Conservation Area: No
Restrictions - Tree Preservation Orders: None
Public right of way: No
Long-term flood risk: No
Coastal erosion risk: No
Planning permission issues: No
Accessibility and adaptations: None
Coal mining area: No
Non-coal mining area: Yes
Energy Performance rating: F
All information is provided without warranty. Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you. You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: builder, plumber, electrician, damp, and timber expert.
Disclaimer 03/2021 - These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Floor plans are not drawn to scale and room dimensions are subject to a +/- 50mm (2") tolerance and are based on the maximum dimensions in each room. Intending purchasers should not rely on them as statements of representation of fact but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firm’s employment has the authority to make or give any representation or warranty in respect of the property.
Buying To Let? - Guide achievable rent price: £950pcm
The above as an indication of the likely rent price you could achieve in current market conditions for a property of this type, presented in good condition. Scoffield Stone offers a full lettings and property management service, so please ask if you would like more information about the potential this property has as a 'Buy to Let' investment.
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