5 Bed Terraced House, Single Let, Derby, DE23 8FP, £245,000

21 Arboretum Street, Derby, City Of Derby, DE23 8FP - 4 views - 8 months ago

Sold STC
BTL
184 m²
+15 photos

ValuationUndervalued

Sold Prices£150K - £1.1M
Sold Prices/m²£1.1K/m² - £4K/m²

 

 

Square Metres

184 m²
Price/m²£1.3K/m²

Value Estimate

£312,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£61,250

Stamp Duty & Legal Fees

£9,500

Total Cash In

£70,750

 

 

Cash Out

 

Rent Range

£477 - £5,000

Rent Estimate

£475

Running Costs/mo

£881

Cashflow/mo

£-406

Cashflow/yr

£-4,867

Gross Yield

2%

Local Sold Prices

37 sold prices from £150K to £1.1M, average is £335K. £1.1K/m² to £4K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£216.5K06/210.16 mi140, Osmaston Road, Derby, City Of Derby DE1 2RF5
£225K03/230.22 mi48, Rosehill Street, Derby, City Of Derby DE23 8FZ5
£216K03/210.41 mi3, Lime Avenue, Derby, City Of Derby DE1 1TU5
£460K12/220.56 mi159, Burton Road, Derby, City Of Derby DE23 6AB5
£295K03/210.64 mi38, Stonehill Road, Derby, City Of Derby DE23 6TJ5
£205K03/210.85 mi206, St Thomas Road, Derby, City Of Derby DE23 8SY5
£190K12/221.11 mi183, Nottingham Road, Derby, City Of Derby DE21 6AN5
£210K05/221.22 mi3, Waterloo Court, Derby, City Of Derby DE1 3TJ5
£329K06/231.23 mi35, Persian Close, Derby, City Of Derby DE24 1AS5
£250K03/231.33 mi128, Stenson Road, Derby, City Of Derby DE23 1JG5
£335K02/211.33 mi75, Otter Street, Derby, City Of Derby DE1 3FD5
£515K06/211.38 mi518, Burton Road, Littleover, Derby, City Of Derby DE23 6FN5
£242K11/201.39 mi144, Littleover Lane, Derby, City Of Derby DE23 6JL5
£210K10/211.44 mi32, Auriga Court, Derby, City Of Derby DE1 3RH5
£151K08/211.44 mi954, London Road, Alvaston, Derby, City Of Derby DE24 8PY5
£210K10/211.47 mi32, Auriga Court, Derby, City Of Derby DE1 3RH5
£310K12/201.48 mi17, Wilmot Avenue, Chaddesden, Derby, City Of Derby DE21 6PL5
£1.1M06/211.48 miWoodlands, 18, Park Lane, Littleover, Derby, City Of Derby DE23 6FX5
£350K01/211.5 mi21, Heath Avenue, Littleover, Derby, City Of Derby DE23 6DJ5
£460K12/201.51 mi10, Highfield Road, Derby, City Of Derby DE22 1GZ5
£795K10/211.57 mi114, Belper Road, Derby, City Of Derby DE1 3EQ5
£795K10/211.59 mi114, Belper Road, Derby, City Of Derby DE1 3EQ5
£500K05/211.64 mi140, Kedleston Road, Derby, City Of Derby DE22 1FX5
£365K03/231.65 mi30, Bromley Street, Derby, City Of Derby DE22 1HJ5
£150K11/211.69 mi104, Crewton Way, Alvaston, Derby, Derbyshire DE24 8XE5
£270K10/211.72 mi53, Sunnyhill Avenue, Derby, City Of Derby DE23 1JQ5
£640K04/211.72 mi2, Kingswood Place, Littleover, Derby, City Of Derby DE23 6DB5
£585K05/211.73 mi5, Oak Drive, Littleover, Derby, City Of Derby DE23 6NT5
£261.5K07/211.74 mi28, Bosworth Avenue, Sunnyhill, Derby, Derbyshire DE23 1LE5
£500K06/231.81 mi12, West Park Road, Derby, City Of Derby DE22 1GG5
£499.9K11/201.82 mi200, Broadway, Derby, City Of Derby DE22 1BP5
£722K01/211.87 mi5, Darley Park Drive, Derby, City Of Derby DE22 1EN5
£447.5K04/211.93 mi18, Blagreaves Lane, Littleover, Derby, City Of Derby DE23 1BU5
£535K09/211.98 mi10, Brendan Gardens, Derby, City Of Derby DE22 1BD5
£490.5K06/211.98 mi6, Brendan Gardens, Derby, City Of Derby DE22 1BD5
£245K01/231.99 mi94, Max Road, Chaddesden, Derby, City Of Derby DE21 4HA5
£812.5K06/231.99 mi104, Chain Lane, Littleover, Derby, City Of Derby DE23 4EB5

Local Rents

50 rents from £477/mo to £5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,05003/240.17 miHartington Mews, DERBY3
£95002/250.17 mi-3
£2,85001/240.17 mi-3
£2,85002/240.17 mi-3
£1,25003/250.17 mi-3
£1,20003/240.17 miErasmus Drive, Derby, Derbyshire3
£1,15003/240.18 miErasmus Drive, Derby3
£1,20003/240.18 miErasmus Drive, Derby DE1 2EH3
£1,15004/240.18 miErasmus Drive, Derby3
£1,25002/250.23 mi-3
£1,20003/240.24 miSaxelbye Avenue, DERBY3
£1,20003/240.24 miSaxelbye Avenue, Derby, DE1 2UH3
£1,25004/240.24 miSaxelbye Avenue, DERBY3
£3,00003/240.24 mi-3
£85002/250.29 mi-3
£87504/240.3 miBelgrave Street, Normanton, Derby3
£1,15003/240.33 miCarrington Street, Derby3
£1,50012/240.34 mi-3
£1,45012/240.34 mi-3
£50012/240.34 mi-7
£1,30008/240.35 mi-3
£1,30001/250.35 mi-3
£1,30003/250.35 mi-3
£1,60002/250.35 mi-5
£1,60003/250.35 mi-5
£75004/240.36 miDexter Street, Derby, Derby, DE233
£1,19505/240.39 miRenals Street, Derby4
£1,35003/240.39 miCastle Walk, Derby, DE1 2LJ4
£82504/240.39 miHope St, Derby City Centre3
£1,49512/240.45 mi-3
£90004/250.48 mi-3
£1,30003/240.49 miHarcourt Street, Derby4
£1,00012/240.5 mi-4
£1,40003/250.5 mi-3
£1,10003/240.5 miHarcourt Street, DERBY4
£1,10003/240.5 miHarcourt Street, Derby4
£95003/240.52 miWebster Street, City Centre 3
£5,00006/240.52 mi-10
£5,00004/240.52 miBurton Road, Derby, DE2310
£99503/240.53 miForester Street3
£47704/240.53 miWebster Street3
£47705/240.53 miWebster Street3
£85004/240.54 miReeves Road, Normanton3
£2,21003/240.55 miGower Street, Derby, Derbyshire, DE15
£1,30001/250.56 mi-3
£1,30002/250.56 mi-3
£1,30003/250.56 mi-3
£5,00004/240.57 miBurton Road, Derby, Derbyshire, DE2310
£3,31503/240.59 miWilson Street, Derby, Derbyshire, DE17
£93003/240.59 miShaftesbury Crescent, Derby DE23 8NA3

Local Area Statistics

Population in DE23

59,979

Population in Derby

308,324

Town centre distance

0.22 miles away

Nearest school

0.10 miles away

Nearest train station

0.42 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Price changed to £245,000

December 4, 2024

Listed for £260,000

August 5, 2024

Sold for £129,950

2004

Floor Plans

Description

  • Period Town House with Versatile Accommodation +
  • Currently Offering Six Bedrooms +
  • Enclosed Rear Garden +
  • No Onward Chain +
  • Council Tax Band B +

SUMMARY
A spacious and well-presented period property in a sought after spot in the City Centre of Derby. Arboretum Street offers a cluster of beautiful and striking Victorian homes, within easy reach of amenities. This home is offered as a project, with versatile and spacious accommodation.

DESCRIPTION
A spacious and well-presented period property in a sought after and tucked away spot in the City Centre of Derby. Arboretum Street offers a cluster of beautiful and striking Victorian homes, and this opportunity gives the new owner a rare opportunity to enhance and personalise whilst adding value. Additionally, this superb property is offered with no onward chain.

The property offers spacious and versatile accommodation arranged over three floors, with the new owner needing to refurbish and install the kitchen and bathroom. The property in brief comprises of an entrance hallway with sweeping staircase leading up as well as stairs down toward the converted cellar, lounge to the front, separate dining room with double doors into the rear garden, kitchen area offering a blank canvas ready for the new owner to install to taste, with a useful utility room leading to the rear with further rear lobby, store and cloakroom off. To the first floor is a landing connecting to four of the six bedrooms, three of which are generous double-sized bedrooms, with two storage cupboards and a cloakroom off the landing. The cellar has been converted to provide two further double bedrooms and a third cloakroom. Outside to the rear is enclosed garden.

The property is well located for access to the City Centre, local amenities and road links including the A52 and A6. An internal viewing comes highly advised to understand the project and opportunity fully.

Entrance Hallway 

Lounge 14' 1" x 13' 1" ( 4.29m x 3.99m )

Dining Room 15' 6" x 14' 5" ( 4.72m x 4.39m )

Kitchen 13' 11" x 9' 11" ( 4.24m x 3.02m )

Utility Room 10' x 6' 11" ( 3.05m x 2.11m )

Rear Lobby 

Store 

Cloakroom 

Stairs & Landing To 1st Floor 

Bedroom One 14' 5" x 12' 8" ( 4.39m x 3.86m )

Bedroom Two 13' 11" x 13' 5" ( 4.24m x 4.09m )

Bedroom Three (bathroom) 10' 11" x 7' 6" ( 3.33m x 2.29m )

Bedroom Six  18' x 10' 2" ( 5.49m x 3.10m )

Stairs And Cellar Hallway  

Bedroom Four 14' 11" x 8' 10" ( 4.55m x 2.69m )

Bedroom Five 15' x 8' 11" ( 4.57m x 2.72m )

Cloakroom 

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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