3 Bed Semi-Detached House, Single Let, Derby, DE21 6JA, £160,000

51 Madison Avenue, Derby, City Of Derby, DE21 6JA - 8 months ago

Sold STC
BTL
ROI: 5%
77 m²
+7 photos

ValuationUndervalued

Sold Prices£123K - £299.2K
Sold Prices/m²£1.5K/m² - £3K/m²

 

 

Square Metres

77 m²
Price/m²£2.1K/m²

Value Estimate

£175,000
BMV9%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£6,000

Total Cash In

£46,000

 

 

Cash Out

 

Rent Range

£875 - £1,995

Rent Estimate

£875

Running Costs/mo

£695

Cashflow/mo

£180

Cashflow/yr

£2,160

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £123K to £299.2K, average is £178K. £1.5K/m² to £3K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£195K03/210.02 mi39, Madison Avenue, Chaddesden, Derby, City Of Derby DE21 6JA3
£268.5K09/210.1 mi16, Northwood Avenue, Chaddesden, Derby, City Of Derby DE21 6JJ3
£285K03/230.13 mi24, Mayfield Road, Chaddesden, Derby, City Of Derby DE21 6FW3
£162.9K03/230.14 mi137, Chaddesden Park Road, Derby, City Of Derby DE21 6HL3
£147K06/230.14 mi127, Chaddesden Park Road, Derby, City Of Derby DE21 6HL3
£123K05/210.14 mi38, Denbigh Street, Derby, City Of Derby DE21 6GW3
£158K02/210.18 mi115, Max Road, Chaddesden, Derby, City Of Derby DE21 4GZ3
£200K05/230.19 mi222, Max Road, Chaddesden, Derby, City Of Derby DE21 4HB3
£149.5K01/230.2 mi18, Suffolk Avenue, Derby, City Of Derby DE21 6ER3
£157.5K06/210.21 mi110, Max Road, Chaddesden, Derby, City Of Derby DE21 4HA3
£165K06/230.21 mi18, Denbigh Street, Derby, City Of Derby DE21 6GX3
£175K04/210.21 mi51, Suffolk Avenue, Derby, City Of Derby DE21 6ES3
£180K11/200.21 mi77, Marjorie Road, Chaddesden, Derby, City Of Derby DE21 4HP3
£182.5K12/200.21 mi83, Marjorie Road, Chaddesden, Derby, City Of Derby DE21 4HP3
£170K12/200.24 mi50, Marjorie Road, Chaddesden, Derby, City Of Derby DE21 4HN3
£190K01/230.24 mi98, Marjorie Road, Chaddesden, Derby, City Of Derby DE21 4HN3
£220K03/230.24 mi16, Radcliffe Avenue, Chaddesden, Derby, City Of Derby DE21 6NN3
£170K02/230.25 mi221, Max Road, Chaddesden, Derby, City Of Derby DE21 4HF3
£165K05/210.25 mi258, Max Road, Chaddesden, Derby, City Of Derby DE21 4HE3
£163K06/230.25 mi240, Max Road, Chaddesden, Derby, City Of Derby DE21 4HE3
£230K09/210.26 mi38, Arridge Road, Chaddesden, Derby, City Of Derby DE21 6HQ3
£170K12/200.27 mi27, Marjorie Road, Chaddesden, Derby, City Of Derby DE21 4HQ3
£217K01/230.27 mi27, Marjorie Road, Chaddesden, Derby, City Of Derby DE21 4HQ3
£234K09/210.27 mi62, Chaddesden Park Road, Derby, City Of Derby DE21 6HD3
£222K12/200.28 mi56, Chaddesden Park Road, Derby, City Of Derby DE21 6HD3
£219K07/230.29 mi54, Wiltshire Road, Derby, City Of Derby DE21 6EX3
£186K12/200.29 mi62, Wiltshire Road, Derby, Derbyshire DE21 6EX3
£138.9K03/210.29 mi53, Ripon Crescent, Chaddesden, Derby, City Of Derby DE21 4LP3
£208K02/230.29 mi10, Wilson Road, Chaddesden, Derby, City Of Derby DE21 4HZ3
£151K07/230.3 mi3, Wollaton Road, Chaddesden, Derby, City Of Derby DE21 4HX3
£140K11/200.3 mi98, Worcester Crescent, Derby, City Of Derby DE21 4HG3
£150K03/230.3 mi108, Worcester Crescent, Derby, City Of Derby DE21 4HG3
£200K09/210.31 mi47, Wiltshire Road, Derby, City Of Derby DE21 6EY3
£180K03/210.31 mi53, Wiltshire Road, Derby, City Of Derby DE21 6EY3
£141.5K01/210.31 mi79, Wiltshire Road, Derby, City Of Derby DE21 6EY3
£194K07/230.31 mi14, Ashfield Avenue, Chaddesden, Derby, City Of Derby DE21 4HJ3
£170K03/210.33 mi3, Ashfield Avenue, Chaddesden, Derby, City Of Derby DE21 4HL3
£230K12/200.34 mi83, Reginald Road South, Derby, City Of Derby DE21 6NJ3
£165K01/210.35 mi44, Hillcrest Road, Derby, City Of Derby DE21 6FH3
£169.9K04/210.36 mi9, Canterbury Street, Chaddesden, Derby, City Of Derby DE21 4LG3
£176K03/230.36 mi26, Canterbury Street, Chaddesden, Derby, City Of Derby DE21 4LG3
£170K10/200.36 mi2, Brailsford Road, Chaddesden, Derby, City Of Derby DE21 4JB3
£210K12/210.36 mi32, Haydn Road, Chaddesden, Derby, City Of Derby DE21 4HR3
£189.9K06/230.36 mi9, Max Road, Chaddesden, Derby, City Of Derby DE21 4GY3
£192K02/210.36 mi33, Buxton Road, Chaddesden, Derby, City Of Derby DE21 4JJ3
£220K02/230.37 mi68, Haydn Road, Chaddesden, Derby, City Of Derby DE21 4HR3
£240K05/230.37 mi16, Woodthorpe Avenue, Chaddesden, Derby, City Of Derby DE21 6NQ3
£299.2K01/210.37 mi103, Wilsthorpe Road, Chaddesden, Derby, City Of Derby DE21 4QS3
£165K04/230.38 mi70, Rupert Road, Chaddesden, Derby, City Of Derby DE21 4ND3
£175K02/210.38 mi40, Rupert Road, Chaddesden, Derby, City Of Derby DE21 4ND3

Local Rents

33 rents from £875/mo to £2K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£1,39503/250.09 mi-3
£1,99504/240.09 mi-3
£87512/240.13 miMayfield Road, Chaddesden, DERBY3
£90002/250.39 miRupert Road, Chaddesden, Derby3
£1,05012/240.51 miFrancis Street, Chaddesden, Derby3
£90002/240.55 mi-3
£87501/240.56 mi-3
£89512/240.62 mi-3
£99512/240.62 miNottingham Road, Derby, DE213
£87512/240.62 miMansfield Road, Derby3
£1,07512/240.64 miRymill Drive, Oakwood3
£90012/240.66 miMatlock Road, Chaddesden, Derby, Derbyshire3
£95002/250.67 mi-3
£99501/250.72 mi-3
£95012/240.76 miTrowbridge Close, Oakwood3
£95012/240.77 miHighfield Lane, Chaddesden3
£99512/240.78 miAmesbury Lane, Oakwood3
£99512/240.8 miTimbersbrook Close, Oakwood, Derby, Derbyshire, DE21 2BW3
£90012/240.81 mi-3
£95012/240.83 miPaterson Avenue, Chaddesden, Derby, Derbyshire3
£89512/240.91 mi-3
£90012/240.91 miPenrith Place, DERBY3
£1,15012/240.95 miMorley Road, Oakwood, Derby, Derbyshire, DE21 4QY3
£97512/241.01 miOpal Close, Oakwood, DERBY3
£92502/241.01 mi-3
£90012/241.04 miLime Grove, Chaddesden, Derby3
£1,05010/241.05 mi-3
£1,10003/241.09 miAuriga Court, Derby3
£1,10003/241.12 miRoman Road, DERBY3
£95012/241.14 miShenington Way, Oakwood3
£1,10012/241.15 mi-3
£95012/241.15 miCheyenne Gardens, Chaddesden3
£99504/241.17 miMansfield Road, Chester Green3

Local Area Statistics

Population in DE21

57,023

Population in Derby

308,324

Town centre distance

1.70 miles away

Nearest school

0.40 miles away

Nearest train station

1.38 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

0%

Sales demand

Seller's market

Capital growth (5yrs)

+37%

Property History

Listed for £160,000

July 12, 2024

Sold for £77,000

2014

Sold for £65,000

2013

Sold for £110,000

2008

Floor Plans

Description

  • Three-Bedroom, Extended, Semi-Detached Home +
  • Corner Plot Position +
  • Off-Road Parking, Enclosed Rear Garden +
  • EPC Rating D, Standard Construction +
  • Council Tax Band A, Freehold +
  • Spacious Through Lounge/Dining Room And Kitchen +
  • Ground Floor Bathroom +
  • Gas Central Heating & Double Glazing +
  • No Upward Chain, Ideal First Time Buy +

A traditional, bay-fronted, three-bedroom semi-detached home which has been extended and is offered for sale with no upward chain. The property benefits from off road parking, an enclosed rear garden and would be ideal for the family first time buyer or growing family.

The accommodation is supplemented by gas fired central heating, UPVC double glazing and briefly comprises:- entrance lobby, spacious through lounge/dining room, extended kitchen and modern bathroom with a three piece suite.

To the first floor are three bedrooms.

Outside, off-road parking is provided to the front elevation and there is an enclosed rear garden.

Madison Avenue is well situated for Chaddesden and its range of shops, schools and transport links together with convenient access for Derby City Centre and road links including the A52, M1 Motorway, A50 and Nottingham East Midlands Airport.

Agent Details

Hannells Estate Agents, Chaddesden

01332 215192

Next Steps?

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