4 Bed Detached House, Single Let, Derby, DE3 0EA, £550,000

"The Radbourne" Manor Farm, Vicarage Road, Mickleover, DE3 0EA - 2 views - a year ago

BTL
~129 m²

ValuationOvervalued

Sold Prices£228K - £700K
Sold Prices/m²£1.8K/m² - £4.5K/m²

 

 

Square Metres

~129.26 m²
Price/m²£4.3K/m²

Value Estimate

£353,438

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£137,500

Stamp Duty & Legal Fees

£32,700

Total Cash In

£170,200

 

 

Cash Out

 

Rent Range

£900 - £1,725

Rent Estimate

£944

Running Costs/mo

£1,928

Cashflow/mo

£-984

Cashflow/yr

£-11,803

Gross Yield

2%

Local Sold Prices

50 sold prices from £228K to £700K, average is £372.5K. £1.8K/m² to £4.5K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£375K05/210.13 mi7, Mickleover Manor, Mickleover, Derby, City Of Derby DE3 0SH4
£410K10/210.13 mi31, Mickleover Manor, Mickleover, Derby, City Of Derby DE3 0SH4
£295K02/210.17 mi2, Welney Close, Mickleover, Derby, City Of Derby DE3 0NZ4
£320K12/220.25 mi13, New Orchard Place, Mickleover, Derby, City Of Derby DE3 9GY4
£385K11/200.26 mi16, Freesia Close, Mickleover, Derby, City Of Derby DE3 9NJ4
£275K03/210.27 mi4, Acacia Avenue, Mickleover, Derby, City Of Derby DE3 9NL4
£320K01/230.28 mi2, Wenlock Close, Mickleover, Derby, City Of Derby DE3 9NT4
£315K12/210.28 mi31, Parkstone Court, Mickleover, Derby, City Of Derby DE3 0RJ4
£700K11/220.3 mi76, Station Road, Mickleover, Derby, City Of Derby DE3 9GJ4
£485K10/210.3 mi46, Burlington Way, Mickleover, Derby, City Of Derby DE3 9BD4
£550K06/230.3 mi56, Burlington Way, Mickleover, Derby, City Of Derby DE3 9BD4
£228K04/210.31 mi37, Hindscarth Crescent, Mickleover, Derby, City Of Derby DE3 9NN4
£645K10/200.37 mi110, Station Road, Mickleover, Derby, City Of Derby DE3 9FP4
£395K03/210.37 mi91, Station Road, Mickleover, Derby, City Of Derby DE3 9FP4
£240K12/200.39 mi17, Skiddaw Drive, Mickleover, Derby, City Of Derby DE3 9NE4
£410K02/230.41 mi6, Pendlebury Drive, Mickleover, Derby, City Of Derby DE3 9SS4
£353K03/210.41 mi10, Springdale Court, Mickleover, Derby, City Of Derby DE3 9SW4
£359K02/210.42 mi6, Greenside Court, Mickleover, Derby, City Of Derby DE3 0RG4
£299.9K02/210.47 mi8, Wade Drive, Mickleover, Derby, Derbyshire DE3 9BS4
£406.3K04/230.47 mi34, Wade Drive, Mickleover, Derby, City Of Derby DE3 9BS4
£416.5K01/230.5 mi5, West Drive, Mickleover, Derby, City Of Derby DE3 0EX4
£380K05/210.55 mi122, Western Road, Mickleover, Derby, City Of Derby DE3 9GR4
£433.6K04/230.6 mi2, Thorpe Drive, Mickleover, Derby, City Of Derby DE3 9GA4
£293K03/210.6 mi9, Ronald Close, Littleover, Derby, City Of Derby DE23 4RX4
£350K12/200.62 mi7, Linnet Hill, Mickleover, Derby, Derbyshire DE3 0SJ4
£318K10/210.63 mi130, Western Road, Mickleover, Derby, City Of Derby DE3 9GS4
£349.9K03/210.67 mi180, Station Road, Mickleover, Derby, City Of Derby DE3 9FJ4
£422.5K03/230.7 mi74, Chestnut Avenue, Mickleover, Derby, City Of Derby DE3 9FS4
£412.5K06/210.71 mi12, Kingfisher Close, Mickleover, Derby, Derbyshire DE3 0UE4
£443K10/210.73 mi1a, East Avenue, Mickleover, Derby, City Of Derby DE3 9FR4
£450K10/210.73 mi1, East Avenue, Mickleover, Derby, City Of Derby DE3 9FR4
£435K03/210.74 mi172, Western Road, Mickleover, Derby, City Of Derby DE3 9GT4
£380K12/200.75 mi36, Merlin Way, Mickleover, Derby, Derbyshire DE3 0SL4
£242K07/210.76 mi23, Darwin Road, Mickleover, Derby, City Of Derby DE3 9HU4
£429K12/200.79 mi39, Muirfield Drive, Mickleover, Derby, City Of Derby DE3 9YA4
£355K03/210.79 mi42, Muirfield Drive, Mickleover, Derby, City Of Derby DE3 9YA4
£312.5K02/210.82 mi13, Mickleross Close, Mickleover, Derby, City Of Derby DE3 9JF4
£328K12/220.83 mi60, Inglewood Avenue, Mickleover, Derby, City Of Derby DE3 0RU4
£265K10/200.83 mi7, Tiverton Close, Mickleover, Derby, City Of Derby DE3 0SE4
£355.5K02/210.83 mi22, Wren Way, Mickleover, Derby, Derbyshire DE3 0UF4
£370K02/230.83 mi23, Wren Way, Mickleover, Derby, Derbyshire DE3 0UF4
£395.1K06/210.84 mi36, Fresco Drive, Littleover, Derby, City Of Derby DE23 4EG4
£412K02/210.84 mi28, Fresco Drive, Littleover, Derby, City Of Derby DE23 4EG4
£370K01/210.84 mi53, Muirfield Drive, Mickleover, Derby, City Of Derby DE3 9YF4
£675K03/210.86 mi254b, Station Road, Mickleover, Derby, City Of Derby DE3 9FG4
£315K02/230.89 mi28, Gisborne Close, Mickleover, Derby, City Of Derby DE3 9LU4
£272.5K03/210.89 mi7, Magdalene Drive, Mickleover, Derby, City Of Derby DE3 9DH4
£400K05/210.91 mi263, Uttoxeter Road, Mickleover, Derby, City Of Derby DE3 9AF4
£320K04/230.92 mi15, Fairbourne Drive, Mickleover, Derby, City Of Derby DE3 0SA4
£384K01/230.93 mi23, Chain Lane, Mickleover, Derby, City Of Derby DE3 9AJ4

Local Rents

32 rents from £900/mo to £1.7K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,15003/240.1 miChantry Close, Mickleover, Derby, Derbyshire4
£1,07503/240.11 miBain Gardens, Mickleover, Derbyshire3
£1,07504/240.11 miBain Gardens, Mickleover, Derby3
£1,10002/240.22 mi-4
£1,10002/240.22 mi-4
£99503/240.23 miPortland Close, Mickleover, Derby3
£90003/240.25 miVicarage Road, Mickleover, Derby, Derbyshire3
£1,45004/250.26 mi-4
£1,48503/240.26 mi-3
£1,48503/240.26 mi-3
£1,50002/250.26 mi-3
£1,55003/240.26 miMickleover, Derby, DE33
£1,10004/240.26 mi-3
£1,15004/240.28 miUttoxeter Road, Derby, Derbyshire, DE33
£1,10003/240.33 miVicarage Road, Mickleover, Derby, Derbyshire3
£1,05004/240.33 miVicarage Road, Mickleover, Derby, Derbyshire3
£1,20003/240.35 miBay Close, Mickleover3
£1,20004/240.39 miHarper Drive, Mickleover3
£1,15003/250.42 mi-3
£95004/240.43 miFenton Road, Mickleover, Derby3
£1,50004/240.45 miTrent Way, Mickleover4
£1,30003/240.48 miMallard Walk, Mickleover, DERBY4
£1,35002/240.52 mi-3
£1,35004/240.52 mi-3
£1,20003/240.52 mi-3
£1,35003/240.52 miMyrtle Avenue, Mickleover, Derby, DE33
£1,05004/240.54 miHoylake Court, Mickleover3
£99503/240.54 miBarnwood Close, Mickleover3
£1,30004/240.55 miAlport Road, Mickleover, Derbyshire4
£1,30012/240.57 mi-3
£1,25001/240.57 mi-3
£1,72503/240.58 miHenmore Crescent, Mickleover, DERBY4

Local Area Statistics

Population in DE3

17,094

Population in Derby

308,324

Town centre distance

3.09 miles away

Nearest school

0.20 miles away

Nearest train station

3.08 miles away

 

 

Rental growth (12m)

-2%

Sales demand

Seller's market

Capital growth (5yrs)

+10%

Property History

Listed for £550,000

May 17, 2024

Floor Plans

Description

  • Build Completion Date Spring 2025 - Reserve Today! +
  • Contemporary Four-Bedroom Home +
  • Private Position Within The Development +
  • Master Bedroom W/ En-Suite +
  • Spacious Living Kitchen W/ French Doors Opening To Garden +
  • Granite Work Surfaces & Branded Appliances +
  • Separate Lounge +
  • Solar Panels & EV Charger +
  • Outside Tap & Power Socket +
  • Intruder Alarm +

The Radbourne is a stunning, four-bedroom home, packed with impressive features and energy efficient upgrades, occupying a position within Manor Farm - a brand-new and exclusive development of just 9 individually-designed and stylish properties in the heart of Mickleover Village, brought to you by renowned and award-winning local builder, Chevin Homes.

Warranty: 10 year Premier Guarantee structural warranty

External Features:

• Composite front entrance door with multipoint locking system
• Aluminium windows
• Block paved driveway with low level lighting
• Slabbed pathways and patio area
• Turfed rear gardens
• Outside tap & power supply

Internal Finish:

• Underfloor heating to ground floor
• Modern internal doors with brushed chrome furniture
• Feature staircase to The Radbourne with oak balustrade and handrails
• 7” skirting with architraves finished in satin white
• Walls & ceilings finished in emulsion from the Chevin range
• Thermostatic heating controls & central heating boiler with separate hot water tank to 4 bedroom homes.
• Combination boiler to all 3 bedroom homes
• Electric fire and feature surround to Living Room, available from the Chevin range
to all homes and bungalows.

Kitchen Features:

• Kitchen units, granite worktops and splashbacks, available from the Chevin range with under cupboard lighting
• Integrated oven and microwave
• 5 burner induction hob with extractor hood and splashback
• Integrated dishwasher & fridge freezer
• Integrated water boiling & filtered tap
• Utility with plumbing and power supply for appliance
• Wine cooler

Bathrooms & En-Suite Features:

• White sanitary ware with half height tiling behind
• Basin with storage and Monobloc tap
• Thermostatic shower controls
• Dual shower with fixed rain shower and hand spray to master bedroom en-suite
• Full height tiling to bath area, available from the Chevin range.
• Electric underfloor heating where applicable & heated towel rail
• Shaver point

Electrical Features:

• Integrated Intruder alarms
• Wiring for POE door bell
• Stylish brushed chrome power sockets and light switches
• Ceiling recessed spotlights to hallways, wet rooms & kitchens
• Spotlights with dimmer switch to master bedrooms
• TV Points in living room, kitchen & all bedrooms
• BT Points in hallway, living room & master bedroom
• Outside lights adjacent to all external doorways
• TV aerial
• Light and power to loft space
• Garage with power supply and door with electrical operation

Energy Efficiency Features:

• Enhanced loft insulation and thermally efficient walls
• Solar panels complementing the energy efficient boiler
• EV charger for home owners with electric vehicles

All Flooring Included (Available from the Chevin range):

• Carpet, or wood effect flooring to kitchen, hallway & cloakroom
• Ceramic floor tiles to bathroom & en-suites
• Carpet to all other rooms

For more information or to arrange a site visit, get in touch with Hannells today.

Agent Details

Hannells Estate Agents, Mickleover

01332 215261

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪