3 Bed Semi-Detached House, Single Let, Derby, DE24 8NS, £147,000

18 Radford Street, Derby, City Of Derby, DE24 8NS - 10 views - 8 months ago

BTL
ROI: 6%
84 m²
+12 photos

ValuationUndervalued

Sold Prices£82.5K - £290K
Sold Prices/m²£893/m² - £3.3K/m²

 

 

Square Metres

84 m²
Price/m²£1.8K/m²

Value Estimate

£156,914
BMV5%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£36,750

Stamp Duty & Legal Fees

£5,700

Total Cash In

£42,450

 

 

Cash Out

 

Rent Range

£850 - £3,000

Rent Estimate

£878

Running Costs/mo

£655

Cashflow/mo

£223

Cashflow/yr

£2,676

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £82.5K to £290K, average is £160.5K. £893/m² to £3.3K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£147.5K06/230 mi8, Radford Street, Alvaston, Derby, City Of Derby DE24 8NS3
£170K06/230.13 mi679, Harvey Road, Derby, City Of Derby DE24 0EH3
£130K07/210.13 mi711, Harvey Road, Derby, City Of Derby DE24 0EH3
£187K05/230.14 mi1, Neilson Street, Alvaston, Derby, City Of Derby DE24 0ET3
£125K05/210.17 mi724, Harvey Road, Derby, City Of Derby DE24 0EG3
£213K07/210.17 mi54, Kiwi Drive, Alvaston, Derby, City Of Derby DE24 8NN3
£120K05/210.19 mi223, Baker Street, Alvaston, Derby, City Of Derby DE24 8SG3
£129.9K05/210.19 mi255, Baker Street, Alvaston, Derby, City Of Derby DE24 8SG3
£120K02/230.2 mi276, Baker Street, Alvaston, Derby, City Of Derby DE24 8SF3
£122K11/200.2 mi387, Baker Street, Alvaston, Derby, City Of Derby DE24 8SJ3
£185K02/230.21 mi256, Baker Street, Alvaston, Derby, City Of Derby DE24 8SF3
£205K07/230.23 mi24, Holloway Road, Alvaston, Derby, City Of Derby DE24 0FN3
£137K08/210.24 mi26, Coleman Street, Derby, City Of Derby DE24 8NH3
£182.5K02/230.26 mi27, Matthew Street, Alvaston, Derby, City Of Derby DE24 0ES3
£130K06/210.26 mi30, Matthew Street, Alvaston, Derby, City Of Derby DE24 0ER3
£290K01/230.28 mi44, Mandarin Way, Alvaston, Derby, City Of Derby DE24 8YE3
£153K05/210.28 mi40, Excelsior Avenue, Alvaston, Derby, City Of Derby DE24 0AE3
£130K12/200.29 mi333, Brighton Road, Alvaston, Derby, City Of Derby DE24 8TG3
£170K07/230.29 mi319, Brighton Road, Alvaston, Derby, City Of Derby DE24 8TG3
£210K11/210.3 mi2, Tayberry Close, Alvaston, Derby, City Of Derby DE24 8YS3
£165K04/230.3 mi143, Baker Street, Alvaston, Derby, City Of Derby DE24 8SE3
£120K03/210.31 mi470, Baker Street, Alvaston, Derby, City Of Derby DE24 8SL3
£160K12/200.31 mi16, Anthony Crescent, Alvaston, Derby, City Of Derby DE24 0GA3
£160K01/230.31 mi463, Baker Street, Alvaston, Derby, City Of Derby DE24 8SN3
£128K12/200.31 mi423, Baker Street, Alvaston, Derby, City Of Derby DE24 8SN3
£164K08/210.32 mi46, Rosedale Avenue, Alvaston, Derby, Derbyshire DE24 0FJ3
£205K05/230.32 mi32, Rosedale Avenue, Alvaston, Derby, City Of Derby DE24 0FJ3
£181K05/230.32 mi56, Rosedale Avenue, Alvaston, Derby, City Of Derby DE24 0FJ3
£135K03/210.32 mi62, Rosedale Avenue, Alvaston, Derby, Derbyshire DE24 0FJ3
£82.5K12/200.32 mi13, Warren Street, Derby, City Of Derby DE24 8RU3
£168K04/230.32 mi1, Collis Close, Allenton, Derby, City Of Derby DE24 8LN3
£153.5K11/200.32 mi41, Avonmouth Drive, Alvaston, Derby, City Of Derby DE24 8UL3
£165K01/230.33 mi67, Warren Street, Derby, City Of Derby DE24 8RU3
£169K03/210.34 mi25, Rosedale Avenue, Alvaston, Derby, City Of Derby DE24 0FL3
£161K05/210.34 mi33, Anthony Drive, Alvaston, Derby, City Of Derby DE24 0FZ3
£131K11/200.34 mi9, Anthony Drive, Alvaston, Derby, City Of Derby DE24 0FZ3
£130K02/210.36 mi41, Wilkins Drive, Allenton, Derby, City Of Derby DE24 8LU3
£127K05/210.36 mi46, Wilkins Drive, Allenton, Derby, City Of Derby DE24 8LU3
£220K04/230.36 mi16, Boulton Drive, Alvaston, Derby, City Of Derby DE24 0FQ3
£193K11/200.36 mi29, Boulton Drive, Alvaston, Derby, City Of Derby DE24 0FQ3
£126K11/200.37 mi51, Brigden Avenue, Allenton, Derby, City Of Derby DE24 8LJ3
£155K09/210.37 mi84, Brackens Lane, Alvaston, Derby, City Of Derby DE24 0AP3
£160K07/230.38 mi46, Bemrose Road, Allenton, Derby, City Of Derby DE24 8LQ3
£236K05/210.41 mi56, Boulton Lane, Derby, City Of Derby DE24 0GE3
£177K02/230.41 mi20, Boulton Lane, Derby, City Of Derby DE24 0GE3
£195K11/200.41 mi132, Boulton Lane, Derby, City Of Derby DE24 0FG3
£191K01/230.42 mi130, Boulton Lane, Derby, City Of Derby DE24 0FG3
£95K06/230.42 mi10, Waldorf Close, Alvaston, Derby, City Of Derby DE24 8UF3
£180K06/230.42 mi43, Lincoln Avenue, Derby, City Of Derby DE24 8QY3
£167K03/210.42 mi27, Lincoln Avenue, Derby, City Of Derby DE24 8QY3

Local Rents

17 rents from £850/mo to £3K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£92502/240.19 mi-3
£1,10012/240.3 miWynton Avenue, Alvaston, DERBY3
£2,20004/240.32 mi-3
£1,10003/250.32 mi-3
£99512/240.34 miWarren Street, Alvaston3
£1,00001/240.36 mi-3
£1,00001/240.36 mi-3
£85012/240.37 miRockhouse Road, Alvaston, Derby, Derbyshire3
£85003/250.37 mi-3
£1,00012/240.46 mi-3
£1,20003/250.47 mi-3
£1,15002/250.48 mi-3
£1,05012/240.48 miHoltlands Drive, Alvaston, Derby3
£3,00001/250.5 mi-3
£92512/240.5 miHaig Street, Derby, Derbyshire, DE24 8RH3
£99512/240.52 miRaynesway, Alvaston, Derby, DE243
£85012/240.52 miChambers Street, Derby3

Local Area Statistics

Population in DE24

54,396

Population in Derby

308,324

Town centre distance

2.01 miles away

Nearest school

0.30 miles away

Nearest train station

1.43 miles away

 

 

Rental demand

Landlord's market

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Price changed to £147,000

February 4, 2025

Listed for £150,000

July 31, 2024

Sold for £93,000

2006

Floor Plans

Description

  • Three Bedroom Semi-Detached House +

  • Driveway for Two Cars +

  • Enclose Rear Garden +

  • Sold with Tenants in Situ +

  • Council Tax Band A +

SUMMARY
Offered to the market with no onward chain is this superb investment opportunity in Alvaston. Spacious three-bedroom semi-detached home occupied by tenants, boasting good proportions and off-road parking.

DESCRIPTION
Offered to the market is this well-appointed and generously proportioned three bedroom semi-detached home, ideal for investors being sold with tenants in situ. Located in Alvaston, close to Pride Park & Rolls Royce, but also superbly located to benefit for the local transport links and road networks. The location is also excellent for parks, shops and schooling.

The property briefly comprises of an entrance hall connecting to a living room at the front with fitted kitchen at the rear providing access into the garden, and the downstairs family bathroom. To the first floor, the landing connects to three well-balanced bedrooms. Externally, the front of the property provides driveway parking for two vehicles, whereas the rear garden is fully enclosed by mature fire trees offering privacy to a lawn and patio are.

The property is being sold with no onward chain.

Entrance Hallway 

Living Room 12' 5" x 13' 6" ( 3.78m x 4.11m )

Kitchen 10' 1" x 10' ( 3.07m x 3.05m )

Bathroom 

Bedroom One 12' 5" x 13' 3" ( 3.78m x 4.04m )

Bedroom Two 10' 4" x 10' 3" ( 3.15m x 3.12m )

Bedroom Three 7' 4" x 9' 3" ( 2.24m x 2.82m )

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. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Bagshaws Residential, Derby

01332 215045

Next Steps?

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