2 Bed Flat, Single Let, Derby, DE1 3RL, £68,000

Etruria Gardens, Chester Green, DE1 3RL - a year ago

Sold STC
Leasehold
Auction
BTL
ROI: 14%
~49 m²
+8 photos

ValuationUndervalued

Sold Prices£30K - £162.5K
Sold Prices/m²£545/m² - £2.7K/m²

 

 

Square Metres

~49.14 m²
Price/m²£1.4K/m²

Value Estimate

£84,320
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£17,000

Stamp Duty & Legal Fees

£4,600

Total Cash In

£21,600

 

 

Cash Out

 

Rent Range

£412 - £2,395

Rent Estimate

£616

Running Costs/mo

£356

Cashflow/mo

£260

Cashflow/yr

£3,124

ROI

14%

Gross Yield

11%

Local Sold Prices

40 sold prices from £30K to £162.5K, average is £115K. £545/m² to £2.7K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£61.5K03/210.08 miFlat 112, Rivermead House, Bath Street, Derby, City Of Derby DE1 3BT2
£114K01/230.08 miApartment 1, Waterside House, Duke Street, Derby, City Of Derby DE1 3BA2
£127.5K11/200.15 mi22, City Walk, Derby, City Of Derby DE1 3QD2
£116K05/210.15 mi27, City Walk, Derby, City Of Derby DE1 3QD2
£135K08/220.33 mi41, Auriga Court, Derby, City Of Derby DE1 3RH2
£124.5K06/230.37 mi23, Magnus Court, Derby, City Of Derby DE21 4TQ2
£109K03/220.37 mi15, Magnus Court, Derby, City Of Derby DE21 4TQ2
£138K01/230.37 mi33, Magnus Court, Derby, City Of Derby DE21 4TQ2
£121.3K01/220.37 mi11, Magnus Court, Derby, City Of Derby DE21 4TQ2
£117K08/210.37 mi37, Magnus Court, Derby, City Of Derby DE21 4TQ2
£109.5K03/210.37 mi23, Magnus Court, Derby, City Of Derby DE21 4TQ2
£117.5K05/220.37 mi41, Magnus Court, Derby, City Of Derby DE21 4TQ2
£117K08/210.37 mi37, Magnus Court, Derby, City Of Derby DE21 4TQ2
£125K07/220.37 mi31, Magnus Court, Derby, City Of Derby DE21 4TQ2
£30K02/210.4 mi80, Magnus Court, Derby, City Of Derby DE21 4TR2
£30K02/220.4 mi80, Magnus Court, Derby, City Of Derby DE21 4TR2
£143K12/220.43 mi100, Bridge Street, Derby, City Of Derby DE1 3LF2
£85K10/210.47 mi12, Nuns Street, Derby, City Of Derby DE1 3LL2
£127.5K07/210.5 miApartment 2, Westpoint, Brook Street, Derby, City Of Derby DE1 3TE2
£42K11/220.63 miFlat 33, Eaton Court, Leaper Street, Derby, City Of Derby DE1 3NX2
£60K12/200.63 miFlat 32, Eaton Court, Leaper Street, Derby, City Of Derby DE1 3NX2
£37K02/210.63 miFlat 35, Eaton Court, Leaper Street, Derby, City Of Derby DE1 3NX2
£140K03/230.64 miFirst Floor Flat, 3, Friary Street, Derby, City Of Derby DE1 1JF2
£162.5K04/210.67 miApartment 13, Wheeldon Manor, Wheeldon Avenue, Derby, City Of Derby DE22 1HY2
£110K05/220.73 miFlat 18, Derwent House, Huntingdon Green, Derby, City Of Derby DE21 6AB2
£78K01/210.75 mi31, Moray Walk, Derby, City Of Derby DE21 6BR2
£48K09/210.79 miFlat 27, Great Northern Point, Great Northern Road, Derby, City Of Derby DE1 1LZ2
£85K06/210.79 miFlat 5, Great Northern Point, Great Northern Road, Derby, City Of Derby DE1 1LZ2
£157K05/210.8 mi2, Darley Street, Darley Abbey, Derby, City Of Derby DE22 1DX2
£42.5K09/220.82 miFlat 5, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW2
£111K07/220.82 miFlat 41, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW2
£38K04/230.83 miFlat 31, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW2
£90K07/220.85 miFlat 14, Swinscoe House, Rosengrave Street, Derby, City Of Derby DE1 1PS2
£130K06/210.92 mi102, Highfields Park Drive, Derby, City Of Derby DE22 1JU2
£158K03/230.92 mi102, Highfields Park Drive, Derby, City Of Derby DE22 1JU2
£149K02/230.92 mi104, Highfields Park Drive, Derby, City Of Derby DE22 1JU2
£78.5K08/210.94 mi94, Gerard Street, Derby, City Of Derby DE1 1PH2
£87.5K11/200.94 mi114, Gerard Street, Derby, City Of Derby DE1 1PH2
£155K03/230.95 miFlat 9, Nightingale Mews, Calvert Street, Derby, City Of Derby DE1 2RT2
£135K09/220.99 mi34, Kniveton Close, Derby, City Of Derby DE22 3BB2

Local Rents

50 rents from £412/mo to £2.4K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£85003/240.07 miApartment 13, Waterside House, Duke Street, Derby2
£85003/240.07 miWaterside House, Derby2
£85003/240.07 miApartment 13, Waterside House, Duke Street, Derby2
£65003/240.13 miNorth Parade, Derby2
£79504/240.15 miApartment 28 City Walk, City Road, Chester Green, Derby, DE1 3QD2
£85005/240.15 miCity Walk, Derby, DE1 3QD2
£95004/250.15 mi-2
£41203/240.17 miNorthgate, North Street, Derby2
£95010/230.17 miHandyside Street, Derby, Derbyshire, DE12
£75003/240.19 miSt Mary’S Court, Derby, DE12
£75004/240.19 mi-2
£70003/240.19 miSt. Marys Court, Duke Street, Derby, DE1 3DD2
£64503/240.21 miKings Court, Arthur Street, Derby, DE1 3DH 2
£65003/240.21 mi4 The Stables, Arthur Street, Derby, Derbyshire, DE12
£83502/250.22 mi-2
£80004/240.22 mi-2
£95002/240.23 mi-2
£95006/240.24 mi-2
£95012/240.24 mi-2
£95012/240.24 mi-2
£95012/240.24 mi-2
£85002/250.24 mi-2
£95002/250.24 mi-2
£99502/250.24 mi-2
£85003/250.24 mi-2
£85002/250.24 mi-2
£95002/250.24 mi-2
£95002/250.24 mi-2
£95002/250.24 mi-2
£90004/250.24 mi-2
£79503/250.24 mi-2
£97504/250.24 mi-2
£85004/250.24 mi-2
£87504/250.24 mi-2
£90004/250.24 mi-2
£95005/240.24 miKing's Crescent Apartments, Derby, DE12
£85005/240.24 miCaesar Street, Derby2
£85005/240.24 miSt. Pancras Way, Derby, Derbyshire2
£99504/240.24 mi-2
£95004/240.24 mi-2
£99503/240.24 miKing's Crescent Apartments, Derby, DE12
£95003/240.24 miKing's Crescent Apartments, Derby, DE12
£99504/240.24 miKing's Crescent Apartments, Derby, DE12
£95004/240.24 miKing's Crescent Apartments, Derby, DE12
£99502/240.25 mi-2
£99504/250.25 mi-2
£99503/240.25 miKings Crescent Apartments, Derby, DE12
£75003/240.25 miCaesar Street, Chester Green, Derby, DE12
£85003/240.26 miEuston Drive, Chester Green2
£2,39504/240.26 mi-2

Local Area Statistics

Population in DE1

14,046

Population in Derby

308,324

Town centre distance

1.02 miles away

Nearest school

0.20 miles away

Nearest train station

1.11 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+28%

Property History

Price changed to £68,000

January 31, 2025

Price changed to £95,000

January 2, 2025

Listed for £100,000

June 5, 2024

Floor Plans

Description

  • ** For sale by National SDL Auction on 27th February 2025** +
  • Two Bedroom Standard Construction Second Floor Apartment +
  • No Upward Chain +
  • EPC Rating C +
  • Council Tax Band A +
  • Leasehold +
  • Pleasant Views To Front +
  • Double Glazed & Gas Central Heating +
  • Allocated Parking To Front of Building +
  • Additional Visitor Parking Spaces +

For sale by National SDL Auction on 27th February 2025 Two bedroom second floor apartment offered for sale with no upward chain in the popular area of Chester Green. Benefitting from lovely views to the front aspect and allocated parking space and offering gas central heating and double glazing.

The property is situated on the second floor and in brief comprises Entrance hall leading to Lounge, Kitchen, Two bedrooms and bathroom with white three piece suit. To rear of the building is a shared enclosed garden area to enjoy, along with pleasant communal gardens to the front and allocated parking space just outside the main door.

Etruria Gardens is conveniently located to the town centre, Darley Park and local amenities, public transport routes and excellent road links with the A38, A52 and inner ring road, leading into Derby City Centre.

Agent Details

Hannells Estate Agents, Allestree

01332 215470

Next Steps?

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