2 Bed Terraced House, Single Let, Derby, DE21 6ER, £170,000

Suffolk Avenue, Derby, DE21 6ER - 1 views - 9 months ago

Sold STC
BTL
ROI: 1%
~68 m²
+6 photos

ValuationOvervalued

Sold Prices£75K - £265K
Sold Prices/m²£675/m² - £3.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.5K/m²

Value Estimate

£152,089

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£6,300

Total Cash In

£48,800

 

 

Cash Out

 

Rent Range

£665 - £925

Rent Estimate

£763

Running Costs/mo

£704

Cashflow/mo

£59

Cashflow/yr

£710

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £75K to £265K, average is £148.5K. £675/m² to £3.8K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£159.9K12/200 mi68, Suffolk Avenue, Derby, City Of Derby DE21 6ER2
£160K02/230 mi44, Suffolk Avenue, Derby, City Of Derby DE21 6ER2
£167.5K03/210.04 mi48, Shropshire Avenue, Derby, City Of Derby DE21 6EU2
£139.9K02/210.04 mi43, Mayfield Road, Chaddesden, Derby, City Of Derby DE21 6FX2
£195K01/210.04 mi5, Mayfield Road, Chaddesden, Derby, City Of Derby DE21 6FX2
£161.5K09/210.06 mi37, Shropshire Avenue, Derby, City Of Derby DE21 6EW2
£177K04/230.11 mi2a, Roe Farm Lane, Derby, City Of Derby DE21 6ET2
£152.5K12/220.14 mi56, Cumberland Avenue, Derby, City Of Derby DE21 6FL2
£180K08/230.15 mi57, Northwood Avenue, Chaddesden, Derby, City Of Derby DE21 6JH2
£147K06/210.15 mi69, Northwood Avenue, Chaddesden, Derby, City Of Derby DE21 6JH2
£175K02/230.16 mi14, Atlow Road, Chaddesden, Derby, City Of Derby DE21 6JG2
£166.1K09/210.19 mi25, Madison Avenue, Chaddesden, Derby, City Of Derby DE21 6HZ2
£175K07/230.2 mi55, Madison Avenue, Chaddesden, Derby, City Of Derby DE21 6JA2
£105K03/210.21 mi182, Wiltshire Road, Derby, City Of Derby DE21 6EZ2
£135K02/210.23 mi29, Oakleigh Avenue, Chaddesden, Derby, City Of Derby DE21 6GZ2
£137K03/210.23 mi23, Oakleigh Avenue, Chaddesden, Derby, City Of Derby DE21 6GZ2
£154K11/210.23 mi15, Hanbury Road, Chaddesden, Derby, City Of Derby DE21 6FT2
£185K05/230.23 mi15, Hanbury Road, Chaddesden, Derby, City Of Derby DE21 6FT2
£118K04/210.24 mi5a, Hillcrest Road, Derby, City Of Derby DE21 6FJ2
£171K02/230.24 mi46, Lindsey Close, Derby, City Of Derby DE21 6DG2
£127.5K12/200.26 mi7, Aylesbury Avenue, Chaddesden, Derby, City Of Derby DE21 6JB2
£160K07/210.27 mi89, Chaddesden Park Road, Derby, City Of Derby DE21 6HL2
£75K07/210.28 mi22, Walpole Street, Derby, City Of Derby DE21 6DP2
£85K11/210.31 mi10, Clinton Street, Derby, City Of Derby DE21 6DH2
£180K04/230.31 mi18, York Road, Chaddesden, Derby, City Of Derby DE21 6HS2
£169.9K09/210.31 mi46, Reginald Road South, Chaddesden, Derby, City Of Derby DE21 6NF2
£107K02/230.32 mi287, Nottingham Road, Derby, City Of Derby DE21 6FP2
£112.5K06/210.33 mi3, Norwich Street, Derby, City Of Derby DE21 6GN2
£128.3K11/210.33 mi24, Norwich Street, Derby, City Of Derby DE21 6GN2
£200K01/230.34 mi28, Spinney Road, Chaddesden, Derby, City Of Derby DE21 6HW2
£111K08/230.34 mi26, Cornwall Road, Derby, City Of Derby DE21 6DJ2
£151K02/210.36 mi42, Wilsthorpe Road, Chaddesden, Derby, City Of Derby DE21 4QR2
£202K12/220.37 mi178, Chaddesden Park Road, Derby, City Of Derby DE21 6HN2
£205K04/230.37 mi155, Chaddesden Park Road, Derby, City Of Derby DE21 6HP2
£155K03/210.37 mi105, Max Road, Chaddesden, Derby, City Of Derby DE21 4GZ2
£180K05/230.38 mi3, Rushcliffe Avenue, Chaddesden, Derby, City Of Derby DE21 6NW2
£130K03/230.4 mi170, Cowsley Road, Derby, City Of Derby DE21 6EG2
£95.5K06/210.41 mi223, Nottingham Road, Derby, City Of Derby DE21 6AP2
£100K11/210.41 mi241, Nottingham Road, Derby, City Of Derby DE21 6AP2
£100K11/210.41 mi251, Nottingham Road, Derby, City Of Derby DE21 6AP2
£105K10/220.41 mi54, Somerset Street, Derby, City Of Derby DE21 6DY2
£265K02/210.45 mi11, Highfield Lane, Chaddesden, Derby, City Of Derby DE21 6PG2
£108.5K07/210.48 mi29, Francis Street, Derby, City Of Derby DE21 6DD2
£105.5K10/210.49 mi6, Francis Street, Derby, City Of Derby DE21 6DB2
£110K04/210.5 mi177, Nottingham Road, Derby, City Of Derby DE21 6AN2
£91K12/200.54 mi75, Radnor Street, Derby, City Of Derby DE21 6EB2
£150K03/210.54 mi4, The Crescent, Chaddesden, Derby, City Of Derby DE21 6QB2
£135K12/220.54 mi12, Pembroke Street, Derby, City Of Derby DE21 6ED2
£135K10/210.55 mi33, The Crescent, Chaddesden, Derby, City Of Derby DE21 6QD2
£132K04/210.55 mi43, The Crescent, Chaddesden, Derby, City Of Derby DE21 6QD2

Local Rents

12 rents from £665/mo to £925/mo, average is £823/mo.

RentDateDistanceAddressBeds 
£80002/240.09 mi-2
£85012/240.12 miNorthwood Avenue, Chaddesden2
£82512/240.23 mi23 Oakleigh Avenue, Chaddesden, Derby, DE21 6GZ2
£82002/240.29 mi-2
£82012/240.29 miOaktree Apartments, Derby, DE212
£82012/240.29 miOaktree Apartments, Derby, DE212
£84001/240.29 mi-2
£83004/250.31 mi-2
£89512/240.43 mi-2
£92504/250.48 mi-2
£75012/240.48 miFrancis Street, DERBY2
£66512/240.53 miSt. Marks Road, Chaddesden2

Local Area Statistics

Population in DE21

57,023

Population in Derby

308,324

Town centre distance

1.51 miles away

Nearest school

0.40 miles away

Nearest train station

1.18 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

0%

Sales demand

Seller's market

Capital growth (5yrs)

+37%

Property History

Listed for £170,000

July 17, 2024

Floor Plans

Description

  • Two Bedrooms +
  • Driveway +
  • Excellent Transport Links +
  • Call +

SUMMARY
We are pleased to offer to the market this two bedroom mid terraced property in a very sought after location, The property is only a short distance from a range of local amenities. The property is also only a short distance from the A52 giving direct access into both Derby and Nottingham.

DESCRIPTION
We are pleased to offer to the market this two bedroom mid terraced property in a very sought after location, The property is only a short distance from a range of local amenities. The property is also only a short distance from the A52 giving direct access into both Derby and Nottingham. in brief the property comprises of kitchen, lounge, conservatory, two bedrooms, bathroom, driveway to the front and garden to the rear.

Lounge 15' max x 11' 5" max ( 4.57m max x 3.48m max )
With wooden flooring, gas fire, window to the front and sliding patio door leading into the conservatory at the rear.

Kitchen 14' 11" max x 7' 11" max ( 4.55m max x 2.41m max )
With tiled flooring, window to the front and rear of the property, a range of wall and base units, gas hob and electric oven.

Conservatory 13' 6" max x 7' 1" max ( 4.11m max x 2.16m max )
Part brick part UPVC with vinyl flooring and door leading to the rear.

Bedroom 1  14' 11" max x 8' 11" max ( 4.55m max x 2.72m max )
With wooden flooring, built in wardrobes and windows to the front and rear of the property.

Bedroom 2  13' 2" max x 9' max ( 4.01m max x 2.74m max )
With wooden flooring, cupboard storage space and window to the front of the property.

Bathroom 
With tiled flooring, walk in shower, low level w/c, wash hand basin and window to the rear of the property.

Outside 
To the front is the properties driveway.

To the rear is the properties garden which is mostly laid to lawn with a patio area, raised flower beds and fenced surround.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Hall & Benson, Spondon

01332 215175

Next Steps?

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