3 Bed Flat, Single Let, Derby, DE23 6GZ, £130,000

Hall Park Close, Littleover, Derby, DE23 6GZ - a year ago

Sold STC
Leasehold
BTL
ROI: 11%
~93 m²
+10 photos

ValuationUndervalued

Sold Prices£123K - £520K
Sold Prices/m²£1.7K/m² - £5.4K/m²

 

 

Square Metres

~93 m²
Price/m²£1.4K/m²

Value Estimate

£159,900
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£5,100

Total Cash In

£37,600

 

 

Cash Out

 

Rent Range

£950 - £1,325

Rent Estimate

£950

Running Costs/mo

£616

Cashflow/mo

£334

Cashflow/yr

£4,005

ROI

11%

Gross Yield

9%

Local Sold Prices

8 sold prices from £123K to £520K, average is £206.5K. £1.7K/m² to £5.4K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£190K04/210.33 mi4, Pavilion Road, Littleover, Derby, City Of Derby DE23 6XL3
£300K10/200.46 mi2, Highfield Road, Littleover, Derby, City Of Derby DE23 1DG3
£123K04/231.47 mi68, Cobden Street, Derby, City Of Derby DE22 3GZ3
£163K04/211.69 mi24, Carron Close, Sinfin, Derby, City Of Derby DE24 9LH3
£134.5K09/221.85 mi8, Chatsworth Court, Sinfin, Derby, City Of Derby DE24 9RS3
£223K09/222.05 mi28, Liversage Street, Derby, City Of Derby DE1 2LH3
£250K01/212.22 miApartment 5, Five Lamps House, Belper Road, Derby, City Of Derby DE1 3BP3
£520K09/212.55 mi6, Penny Long Lane, Derby, City Of Derby DE22 1AW3

Local Rents

30 rents from £950/mo to £1.3K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,10002/250.09 mi-3
£95003/240.2 miBurton Road, Derby, Derbyshire, DE23 6FW3
£1,20003/240.21 miNormanton Lane, Littleover, Derby3
£95004/240.26 mi-3
£95004/240.26 miOak Crescent, Littleover, Derby, DE233
£95004/240.26 miOak Crescent, Littleover, Derby, DE233
£1,19511/240.34 mi-3
£1,19501/250.34 mi-3
£95002/250.34 mi-3
£1,20003/240.38 miMostyn Avenue, Derby3
£1,22004/240.41 mi-3
£1,22003/240.41 miHighfield Road, Littleover, Derby, DE233
£1,22004/240.41 miHighfield Road, Littleover, Derby, DE233
£1,09503/250.43 mi-3
£1,10004/240.43 miShaldon Drive, Littleover, Derby, Derbyshire3
£95003/250.44 mi-3
£1,05003/250.45 mi-3
£1,09003/250.48 mi-3
£1,25003/240.51 miBurton Road, Derby, Derbyshire, DE233
£1,25003/240.51 miLittleover House, Littleover, Derby3
£1,25003/240.51 miBurton Road, Littleover, DERBY3
£1,25003/240.51 miBurton Road, Littleover, DERBY3
£1,32503/240.51 miLittleover House - Available Now3
£1,00012/240.53 miWarwick Avenue, Derby3
£1,20004/240.55 miPenrhyn Avenue Littleover3
£1,10001/250.55 mi-3
£1,12503/240.56 miJackson Avenue, Mickleover3
£1,05003/240.56 miHayes Avenue, Derby, Derbyshire3
£1,20003/240.57 miJackson Avenue3
£95012/240.62 miConstable Lane, Littleover3

Local Area Statistics

Population in DE23

59,979

Population in Derby

308,324

Town centre distance

1.78 miles away

Nearest school

0.20 miles away

Nearest train station

1.64 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £130,000

May 15, 2024

Floor Plans

Description

  • Three bedrooms +
  • Two reception rooms +
  • Parking spaces +
  • First floor +
  • Well presented throughout +
  • Popular location +
  • Close proximity to Littleover village +
  • Local bus routes +

SUMMARY
We are pleased to market this very well presented, three bedroom flat which is within close proximity of Littleover village. The flat is located on the first floor which can be accessed via the communal stairs from the locked building door.

DESCRIPTION
Hall and Benson are delighted to bring to market this first floor flat located within close proximity of Littleover Village.
The flat has been well maintained by it's current owners so is superbly presented throughout. The accommodation comprises three bedrooms, a family bathroom, dining room, lounge and kitchen. The property offers ample storage as it has three built in storage cupboards in the dining room.
Whilst there is no specific allocated car parking spaces to the flat, there is ample on street parking within the cul-de-sac where the flat is located.
We highly advise viewing the property due to where the building is situated and to see the space that the flat has to offer.

Entrance Hallway 
Accessed via the composite front door with carpeted flooring.

Dining Room 10' 7" x 10' 2" ( 3.23m x 3.10m )
Vinyl flooring, UPVC double glazed window to the side elevation, one electric radiator, three built in storage cupboards, access to the lounge and kitchen.

Lounge 11' 10" x 14' 8" ( 3.61m x 4.47m )
Carpeted flooring, one electric radiator, UPVC double glazed windows to the rear and side elevations.

Kitchen 10' 2" x 7' 10" plus recess ( 3.10m x 2.39m plus recess )
Vinyl flooring, wall and base units with a tiled splashback, stainless steel sink and drainer with mixer tap, integrated electric oven and four ring electric hob with extractor fan above, space for a fridge-freezer and washing machine, one electric radiator, built in pantry, UPVC double glazed window to the side elevation.

Bedroom One 10' 7" x 10' 5" ( 3.23m x 3.17m )
Carpeted flooring, one electric radiator, UPVC double glazed window to the side elevation.

Bedroom Two 10' 6" x 5' 11" ( 3.20m x 1.80m )
Carpeted flooring, one electric radiator, UPVC double glazed window to the front elevation.

Bedroom Three 5' 10" plus recess x 8' 10" ( 1.78m plus recess x 2.69m )
Carpeted flooring, one electric radiator, UPVC double glazed window to the rear elevation.

Bathroom 
Vinyl flooring, tiled walls, bath with overhead shower, WC, vanity sink with mixer tap, one electric radiator, two UPVC double glazed double glazed frosted windows to the rear elevation.

Tenure Information 
This flat is a leasehold property. Please contact the branch for more information.

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Hall & Benson, Allestree

01332 215559

Next Steps?

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