2 Bed Semi-Detached House, Single Let, Derby, DE24 8NF, £130,000

Osmaston Road, Derby, Derbyshire, DE24 8NF - 1 views - a year ago

Sold STC
BTL
ROI: 3%
~68 m²
+2 photos

ValuationOvervalued

Sold Prices£80K - £165K
Sold Prices/m²£1K/m² - £2.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.9K/m²

Value Estimate

£122,199

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

£620 - £1,595

Rent Estimate

£667

Running Costs/mo

£560

Cashflow/mo

£107

Cashflow/yr

£1,288

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £80K to £165K, average is £122K. £1K/m² to £2.5K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£161K07/230.05 mi659, Osmaston Road, Derby, City Of Derby DE24 8NF2
£146K06/230.08 mi569, Osmaston Road, Derby, City Of Derby DE24 8NE2
£130K04/230.08 mi575, Osmaston Road, Derby, City Of Derby DE24 8NE2
£105K01/210.08 mi633, Osmaston Road, Derby, City Of Derby DE24 8NE2
£124K04/230.38 mi34, Collis Close, Allenton, Derby, City Of Derby DE24 8LN2
£105K04/210.39 mi456, Osmaston Road, Derby, City Of Derby DE24 8AH2
£108K11/210.41 mi70, Grosvenor Street, Derby, City Of Derby DE24 8AT2
£113.8K03/230.41 mi113, Grosvenor Street, Derby, City Of Derby DE24 8AT2
£150K03/230.42 mi16, Johnson Avenue, Allenton, Derby, City Of Derby DE24 8LR2
£110K03/210.42 mi66, Lord Street, Allenton, Derby, City Of Derby DE24 9AW2
£95K11/200.42 mi47, Davenport Road, Derby, City Of Derby DE24 8AY2
£105K02/210.49 mi88, Hawthorn Street, Derby, City Of Derby DE24 8BB2
£80K08/210.49 mi400, Osmaston Road, Derby, City Of Derby DE24 8AG2
£120K01/230.51 mi75, Whittington Street, Allenton, Derby, City Of Derby DE24 9AZ2
£100K06/210.53 mi26, Uppermoor Road, Allenton, Derby, City Of Derby DE24 9BY2
£122K06/230.55 mi10, Poole Street, Allenton, Derby, City Of Derby DE24 9DA2
£98K02/210.56 mi93, Allestree Street, Derby, City Of Derby DE24 8TW2
£89K04/210.56 mi51, Cotton Lane, Derby, City Of Derby DE24 8GG2
£95K10/210.56 mi22, Benson Street, Alvaston, Derby, City Of Derby DE24 8NQ2
£150K03/230.57 mi491, Baker Street, Alvaston, Derby, City Of Derby DE24 8SN2
£126K12/210.57 mi24, Harrington Street, Allenton, Derby, Derbyshire DE24 9DB2
£145K12/220.57 mi84, Allestree Street, Derby, City Of Derby DE24 8TU2
£91K04/210.58 mi8, The Crescent, Alvaston, Derby, City Of Derby DE24 0AD2
£130K06/210.61 mi35, Kiwi Drive, Alvaston, Derby, City Of Derby DE24 8NN2
£142.5K06/210.61 mi19, Kiwi Drive, Alvaston, Derby, City Of Derby DE24 8NN2
£140K11/200.61 mi53, Kiwi Drive, Alvaston, Derby, City Of Derby DE24 8NN2
£135K12/220.62 mi38, Beatty Street, Alvaston, Derby, City Of Derby DE24 8TZ2
£95K11/200.62 mi33, Beatty Street, Alvaston, Derby, City Of Derby DE24 8TZ2
£125K08/210.62 mi28, Beatty Street, Alvaston, Derby, City Of Derby DE24 8TZ2
£140K06/230.62 mi49, Allestree Street, Derby, City Of Derby DE24 8TT2
£122K07/230.62 mi47, Allestree Street, Derby, City Of Derby DE24 8TT2
£122.5K12/220.63 mi33, Allestree Street, Derby, City Of Derby DE24 8TT2
£113.5K02/210.63 mi62, Allestree Street, Derby, City Of Derby DE24 8TS2
£126.5K04/210.65 mi13, Fife Street, Derby, City Of Derby DE24 8TP2
£159K06/230.66 mi2, Excelsior Avenue, Alvaston, Derby, City Of Derby DE24 0AE2
£145K01/230.66 mi44, Fife Street, Derby, City Of Derby DE24 8TN2
£111.5K06/210.66 mi40, Fife Street, Derby, City Of Derby DE24 8TN2
£110K03/210.68 mi45, Chambers Street, Derby, City Of Derby DE24 8TJ2
£165K11/210.69 mi4, Frederick Avenue, Alvaston, Derby, City Of Derby DE24 0AH2
£130K07/210.71 mi128, Balfour Road, Derby, City Of Derby DE23 8UQ2
£118K04/230.72 mi91, Brighton Road, Alvaston, Derby, City Of Derby DE24 8SZ2
£145K02/210.73 mi24, Matthew Street, Alvaston, Derby, Derbyshire DE24 0ER2
£104K11/200.75 mi59, Commerce Street, Derby, City Of Derby DE24 8TR2
£148K02/230.75 mi47, Matthew Street, Alvaston, Derby, City Of Derby DE24 0ES2
£110K12/200.75 mi16, Harrow Street, Derby, City Of Derby DE24 8WW2
£151K06/230.77 mi121, Peartree Crescent, Derby, City Of Derby DE23 8RQ2
£115K04/210.77 mi89, Peartree Crescent, Derby, City Of Derby DE23 8RQ2
£114K02/210.78 mi20, Bowmer Road, Derby, Derbyshire DE24 8WT2
£132.5K11/210.79 mi36, Wisgreaves Road, Derby, City Of Derby DE24 8RQ2
£93K11/200.79 mi61, Taylor Street, Derby, City Of Derby DE24 8WP2

Local Rents

50 rents from £620/mo to £1.6K/mo, average is £813/mo.

RentDateDistanceAddressBeds 
£90012/240.03 miOsmaston Road, Derby2
£82512/240.2 miMowbray Gardens, Derby, Derbyshire, DE242
£75012/240.44 mi-2
£80012/240.57 mi-2
£80001/250.58 mi-2
£90011/240.58 mi-2
£85003/250.59 mi-2
£79512/240.62 miBeatty Street, Alvaston2
£65012/240.62 miHarvey Road, Alvaston, Derby2
£77512/240.62 miAllestree Street, Alvaston2
£79512/240.65 miWestdene Avenue, Allenton2
£62012/240.65 mi-2
£75012/240.68 miChambers Street, Alvaston, Derby2
£80012/240.68 miChambers Street, Derby, Derbyshire, DE242
£80001/250.69 mi-2
£75012/240.69 mi-2
£75004/250.69 mi-2
£75012/240.7 miBrighton Road, Alvaston, Derby2
£1,10004/250.71 mi-2
£1,10004/250.71 mi-2
£1,10004/250.71 mi-2
£85012/240.73 miEllesmere Avenue, Derby, DE24 8WD2
£69512/240.75 miLondon Road, Wilmorton2
£89001/240.75 mi-2
£75002/250.75 mi-2
£82512/240.76 miHarrow Street, Derby, DE242
£82504/240.76 mi-2
£80012/240.76 miBurnaby Street, Alvaston2
£75001/250.77 mi-2
£85002/250.77 mi-2
£82503/240.8 mi-2
£90012/240.81 mi-2
£82503/240.82 miShaftesbury Crescent, DERBY2
£77503/240.82 miShaftesbury Crescent, Derby, DE23 8LZ2
£90012/240.82 miWarwick Street, Derby, Derbyshire, DE242
£85012/240.83 miMagellan Way, DERBY2
£87503/250.85 mi-2
£1,59501/240.86 mi-2
£79512/240.86 miAtlantic Way, Pride Park2
£77512/240.86 miAtlantic Way2
£82512/240.86 miAtlantic Way, DERBY2
£75012/240.86 miAtlantic Way, Derby, DE242
£85001/240.86 mi-2
£85004/240.87 mi-2
£85012/240.87 miMorningside Close, Allenton, DE242
£85003/250.87 mi-2
£75002/240.87 mi-2
£75012/240.87 miBeverley Street, Derby, DE242
£80012/240.88 miBeverley Street, Wilmorton2
£82512/240.88 miBeverley Street, Derby, Derbyshire2

Local Area Statistics

Population in DE24

54,396

Population in Derby

308,324

Town centre distance

1.53 miles away

Nearest school

0.20 miles away

Nearest train station

0.73 miles away

 

 

Rental demand

Landlord's market

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Listed for £130,000

May 31, 2024

Sold for £80,500

2005

Sold for £46,000

2002

Sold for £32,000

1996

Sold for £36,000

1995

Floor Plans

Description

  • Two Bedroom, Semi Detached +
  • Standard Construction +
  • Freehold +
  • Council Tax Band A +
  • EPC Rating D +
  • Rear Garden +

A fantastic opportunity to purchase this two bedroomed semi-detached property ideal for a first time buyer or an investor looking to develop the property. In need of refurbishment throughout but boasting a bay fronted living room, a good size rear garden and two double bedrooms - call now to book your viewing!

The property benefits from gas fired central heating, UPVC double glazing and briefly comprises:- entrance hall, bay fronted living room room, spacious dining room opening through to the kitchen at the rear. To the first floor the landing provides access to two spacious double bedrooms, the master with a feature bay window and the bathroom.

Outside, the property is set back from the road and to the rear a good size garden with fenced boundaries and side gated access.

Osmaston Road is well situated for Bombardier, Derby City Centre, Derby Railway Station, Allenton shopping centre and road links with the A50 leading to the M1 motorway.

Agent Details

Hannells Estate Agents, Alvaston

01332 215518

Next Steps?

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