4 Bed Detached House, Single Let, Derby, DE23 4EB, £580,000

Chain Lane, Littleover, DE23 4EB - 1 views - 9 months ago

Sold STC
BTL
~136 m²
+23 photos

ValuationOvervalued

Sold Prices£190K - £620K
Sold Prices/m²£1.8K/m² - £4.8K/m²

 

 

Square Metres

~135.81 m²
Price/m²£4.3K/m²

Value Estimate

£396,017

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£145,000

Stamp Duty & Legal Fees

£35,100

Total Cash In

£180,100

 

 

Cash Out

 

Rent Range

£563 - £3,500

Rent Estimate

£950

Running Costs/mo

£2,023

Cashflow/mo

£-1,072

Cashflow/yr

£-12,870

Gross Yield

2%

Local Sold Prices

50 sold prices from £190K to £620K, average is £370K. £1.8K/m² to £4.8K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£449.9K08/210.1 mi23, Greenway Drive, Littleover, Derby, City Of Derby DE23 4YN4
£620K06/210.18 mi17, Keats Avenue, Littleover, Derby, City Of Derby DE23 4EE4
£375K11/200.25 mi37, Kings Drive, Littleover, Derby, City Of Derby DE23 6EW4
£310K12/220.26 mi1, Palm Close, Littleover, Derby, City Of Derby DE23 3SB4
£384K01/230.27 mi23, Chain Lane, Mickleover, Derby, City Of Derby DE3 9AJ4
£370K01/210.31 mi53, Muirfield Drive, Mickleover, Derby, City Of Derby DE3 9YF4
£400K05/210.37 mi263, Uttoxeter Road, Mickleover, Derby, City Of Derby DE3 9AF4
£200K06/210.37 mi561, Burton Road, Derby, City Of Derby DE23 6FW4
£320K11/220.38 mi4, Heron Way, Mickleover, Derby, City Of Derby DE3 9XA4
£400K02/210.38 mi17, Crich Avenue, Littleover, Derby, City Of Derby DE23 6ET4
£385K10/210.39 mi35, Swanmore Road, Littleover, Derby, City Of Derby DE23 3SD4
£300K12/200.39 mi13, Swanmore Road, Littleover, Derby, City Of Derby DE23 3SD4
£390K06/230.39 mi3, Rough Heanor Road, Mickleover, Derby, City Of Derby DE3 9AZ4
£410K01/210.39 mi5, Scarsdale Avenue, Littleover, Derby, City Of Derby DE23 6ER4
£429K12/200.39 mi39, Muirfield Drive, Mickleover, Derby, City Of Derby DE3 9YA4
£355K03/210.39 mi42, Muirfield Drive, Mickleover, Derby, City Of Derby DE3 9YA4
£355K11/200.42 mi1, Dove Close, Mickleover, Derby, City Of Derby DE3 9XE4
£425K12/220.44 mi99, Swanmore Road, Littleover, Derby, City Of Derby DE23 3SY4
£450K03/230.44 mi1, Lawn Heads Avenue, Littleover, Derby, City Of Derby DE23 6DR4
£295K04/210.48 mi62, Swanmore Road, Littleover, Derby, City Of Derby DE23 3SY4
£355K11/200.48 mi80, Swanmore Road, Littleover, Derby, City Of Derby DE23 3SY4
£370K06/210.48 mi88, Swanmore Road, Littleover, Derby, City Of Derby DE23 3SY4
£355K06/210.5 mi1, Caversfield Close, Littleover, Derby, City Of Derby DE23 3SR4
£250K11/200.51 mi1a, Carlisle Avenue, Littleover, Derby, City Of Derby DE23 3ET4
£275K06/210.54 mi6, Windsor Avenue, Littleover, Derby, Derbyshire DE23 3ER4
£365K07/230.56 mi87, Brayfield Road, Littleover, Derby, City Of Derby DE23 6GT4
£425K02/210.58 mi5, Park Drive, Littleover, Derby, City Of Derby DE23 6FY4
£371K05/210.58 mi2, Charlbury Close, Littleover, Derby, City Of Derby DE23 3ST4
£435K04/230.58 mi5, Charlbury Close, Littleover, Derby, City Of Derby DE23 3ST4
£435K03/210.58 mi172, Western Road, Mickleover, Derby, City Of Derby DE3 9GT4
£386K11/200.59 mi36, Eastwood Drive, Littleover, Derby, City Of Derby DE23 6BN4
£272.5K03/210.6 mi7, Magdalene Drive, Mickleover, Derby, City Of Derby DE3 9DH4
£347K05/210.61 mi3, Hedgevale Close, Littleover, Derby, City Of Derby DE23 3WP4
£190K11/200.68 mi21, St Albans Road, Derby, City Of Derby DE22 3JJ4
£318K10/210.68 mi130, Western Road, Mickleover, Derby, City Of Derby DE3 9GS4
£300K06/210.68 mi23, Blagreaves Lane, Littleover, Derby, City Of Derby DE23 1BT4
£320K10/210.68 mi8, South Avenue, Littleover, Derby, City Of Derby DE23 6BA4
£525K05/210.72 mi6, Troutbeck Grove, Littleover, Derby, City Of Derby DE23 3XT4
£520K03/230.72 mi6, Troutbeck Grove, Littleover, Derby, City Of Derby DE23 3XT4
£410K02/230.72 mi6, Pendlebury Drive, Mickleover, Derby, City Of Derby DE3 9SS4
£353K03/210.75 mi10, Springdale Court, Mickleover, Derby, City Of Derby DE3 9SW4
£380K05/210.75 mi122, Western Road, Mickleover, Derby, City Of Derby DE3 9GR4
£299.9K02/210.77 mi8, Wade Drive, Mickleover, Derby, Derbyshire DE3 9BS4
£406.3K04/230.77 mi34, Wade Drive, Mickleover, Derby, City Of Derby DE3 9BS4
£282K02/210.78 mi131, Normanton Lane, Littleover, Derby, City Of Derby DE23 6LF4
£240K12/200.79 mi17, Skiddaw Drive, Mickleover, Derby, City Of Derby DE3 9NE4
£242K07/210.79 mi23, Darwin Road, Mickleover, Derby, City Of Derby DE3 9HU4
£500K12/220.79 mi5, Callow Hill Way, Littleover, Derby, City Of Derby DE23 3RJ4
£420K03/210.81 mi4, Moorway Lane, Littleover, Derby, City Of Derby DE23 2FR4
£228K04/210.84 mi37, Hindscarth Crescent, Mickleover, Derby, City Of Derby DE3 9NN4

Local Rents

41 rents from £563/mo to £3.5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,80004/240.1 miGreenway Drive, Littleover, Derby6
£1,80004/240.1 miGreenway Drive Littleover6
£1,09503/250.17 mi-3
£95002/250.17 mi-3
£1,20003/240.19 miJackson Avenue3
£1,12503/240.24 miJackson Avenue, Mickleover3
£1,10001/250.25 mi-3
£1,80003/240.26 miPalm Close, Littleover5
£1,90003/240.26 miPalm Close, Littleover, Derby5
£1,27503/240.26 miCorden Avenue, Mickleover, DERBY3
£1,50012/240.39 miMuirfield Drive, Mickleover4
£1,25003/240.4 miPartridge Way, Mickleover3
£95003/240.4 miBurton Road, Derby, Derbyshire, DE23 6FW3
£1,25004/250.4 mi-3
£1,10002/250.42 mi-3
£95003/240.43 miSwift Close, Mickleover3
£99503/240.43 miSwift Close, Mickleover3
£1,45003/240.43 miBunting Close, Mickleover5
£1,70003/240.44 miSwanmore Road, Littleover, Derby4
£1,60004/240.44 miSwanmore Road, Littleover, Derby4
£95003/250.45 mi-3
£56303/240.45 miBurton Road, Derby5
£1,20004/240.5 miWestern Road, Mickleover, Derby3
£1,20003/240.55 miNormanton Lane, Littleover, Derby3
£95012/240.57 miConstable Lane, Littleover3
£1,50003/240.57 miGirton Way, Mickleover4
£1,45004/240.57 miGirton Way, Mickleover4
£2,65004/240.58 mi-4
£3,50002/250.58 mi-4
£3,50004/250.58 mi-4
£95004/240.59 mi-3
£95004/240.59 miOak Crescent, Littleover, Derby, DE233
£95004/240.59 miOak Crescent, Littleover, Derby, DE233
£1,30004/240.59 miMagdalene Drive, Mickleover Derby DE3 9DH4
£1,05012/240.59 miUttoxeter New Road, Derby4
£87512/240.6 miUttoxeter New Road, Derby, Derbyshire3
£1,25003/240.6 miArundel Avenue, Derby, DE3 9BX3
£1,20003/250.6 miGirton Way, Mickleover3
£1,00003/240.61 miMagdalene Drive, Mickleover, Derby, Derbyshire3
£1,35010/230.61 miMagdalene Drive, Derby, Derbyshire, DE34
£1,00003/240.62 miTempleton Close, Mickleover, DERBY3

Local Area Statistics

Population in DE23

59,979

Population in Derby

308,324

Town centre distance

1.98 miles away

Nearest school

0.20 miles away

Nearest train station

1.99 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £580,000

July 5, 2024

Floor Plans

Description

  • Spacious Detached, Four-Bedroom Home, Standard Construction +
  • EPC Rating E +
  • Council Tax Band E +
  • Excellent Driveway Parking +
  • Freehold +
  • No Upward Chain +
  • Generous Plot With A Beautiful Rear Garden +
  • Bay-Fronted Lounge & Open Plan Family Room/Living Area/Kitchen Area/Dining Area +
  • Master En-Suite Shower Room +
  • Convenient For Major Roads & Local Amenities +

SELECT PROPERTY Standing on a most generous plot with a beautiful rear garden, this spacious, detached four-bedroom home is offered for sale with no upward chain. With a stunning open plan living/dining/kitchen area, separate lounge, master en-suite and ample driveway parking, a viewing is essential to fully appreciate this impressive home.

Benefitting from majority uPVC double glazing, with some feature timber and leaded windows, the property also benefits from gas central heating, and the accommodation in brief comprises: Entrance hall with under-stairs store and feature flooring; spacious lounge with bay window and central fireplace; modern fitted breakfast kitchen with a range of wall, base and drawer units, central island and twin French doors opening out onto the decked seating area; dining area (open to both the kitchen and living area), again with twin French doors opening out onto the garden; family room/living area with fireplace incorporating a modern living flame gas fire; cloakroom/WC; first floor landing; master bedroom with en suite shower room; three further generous bedrooms; well-appointed fitted family bathroom.

Outside, to the front of the property is a generous garden with lawn and mixed flower and shrubbery beds alongside a driveway providing ample off-road parking for several vehicles and having gated access to the rear, where there is a most generous, mature garden with raised decked seating area, twin lawns, paved pathways and mature flower and shrubbery beds.

Chain Lane is ideally situated close to local shops, well-regarded schools (being within the Littleover Community School Catchment Area and close to Derby High School), public transport routes and the Royal Derby Hospital. The property also benefits from excellent road links with the A38 & A50 road networks leading to the M1 motorway and East Midlands Airport.

Agent Details

Hannells Estate Agents, Littleover

01332 215174

Next Steps?

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