3 Bed Terraced House, Single Let, Derby, DE23 8JA, £135,000

Holcombe Street, Derby, Derbyshire, DE23 8JA - 2 views - 8 months ago

BTL
ROI: 5%
~74 m²
+7 photos

ValuationOvervalued

Sold Prices£60K - £200K
Sold Prices/m²£943/m² - £2.3K/m²

 

 

Square Metres

~74 m²
Price/m²£1.8K/m²

Value Estimate

£103,936

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£33,750

Stamp Duty & Legal Fees

£7,950

Total Cash In

£41,700

 

 

Cash Out

 

Rent Range

£750 - £1,300

Rent Estimate

£761

Running Costs/mo

£594

Cashflow/mo

£167

Cashflow/yr

£2,003

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £60K to £200K, average is £127K. £943/m² to £2.3K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£91K02/210 mi71, Holcombe Street, Derby, City Of Derby DE23 8JA3
£129K04/230.06 mi26, Pear Tree Street, Derby, City Of Derby DE23 8PP3
£105K01/210.06 mi81, Reeves Road, Derby, City Of Derby DE23 8JF3
£140K03/210.08 mi18, Vulcan Street, Derby, City Of Derby DE23 8ND3
£160K04/230.08 mi18, Vulcan Street, Derby, City Of Derby DE23 8ND3
£141K01/210.08 mi242, Harrington Street, Pear Tree, Derby, City Of Derby DE23 8NY3
£77.5K02/230.09 mi142, Leacroft Road, Derby, City Of Derby DE23 8HX3
£147K11/210.14 mi25, Baseball Drive, Derby, City Of Derby DE23 8NE3
£180K06/230.14 mi23, Baseball Drive, Derby, City Of Derby DE23 8NE3
£115K03/210.18 mi22, Augusta Street, Derby, City Of Derby DE23 8HR3
£95K10/200.19 mi40, St Thomas Road, Derby, City Of Derby DE23 8SU3
£60K09/210.22 mi80, Portland Street, Derby, City Of Derby DE23 8QB3
£60K09/210.22 mi80, Portland Street, Derby, City Of Derby DE23 8QB3
£165K09/210.24 mi45, Peartree Crescent, Derby, City Of Derby DE23 8RP3
£83.5K05/210.26 mi21, Netherclose Street, Derby, City Of Derby DE23 8QG3
£156.8K05/230.28 mi36, Sale Street, Derby, City Of Derby DE23 8GD3
£110K05/230.3 mi16, Joseph Street, Derby, City Of Derby DE23 8QH3
£107K08/210.31 mi33, Harrington Street, Pear Tree, Derby, City Of Derby DE23 8PE3
£145.3K11/200.31 mi186, Portland Street, Derby, City Of Derby DE23 8PJ3
£145K10/210.33 mi171, Balfour Road, Derby, City Of Derby DE23 8UR3
£105K04/210.33 mi121, Balfour Road, Derby, City Of Derby DE23 8UR3
£165K02/210.34 mi140, Balfour Road, Derby, City Of Derby DE23 8UQ3
£167.5K12/220.37 mi16, Crowshaw Street, Derby, City Of Derby DE24 8DY3
£120K04/230.38 mi70, Abingdon Street, Derby, City Of Derby DE24 8FZ3
£93K09/210.38 mi38, Abingdon Street, Derby, City Of Derby DE24 8FZ3
£134K05/230.39 mi127, Grange Street, Derby, City Of Derby DE23 8HD3
£115K07/210.39 mi45, Handel Street, Derby, City Of Derby DE24 8AZ3
£120K04/230.4 mi84, Sutherland Road, Derby, City Of Derby DE23 8RW3
£140K11/200.4 mi126, Abingdon Street, Derby, City Of Derby DE24 8GB3
£98K07/230.4 mi37, Balfour Road, Derby, City Of Derby DE23 8UP3
£112.5K03/210.4 mi103, Balfour Road, Derby, Derbyshire DE23 8UP3
£145K10/210.41 mi70, Walbrook Road, Derby, City Of Derby DE23 8RY3
£180K04/230.41 mi104, Walbrook Road, Derby, City Of Derby DE23 8RY3
£130K12/220.42 mi207, Portland Street, Derby, City Of Derby DE23 8WP3
£106K04/210.44 mi30, Davenport Road, Derby, City Of Derby DE24 8AX3
£115K03/210.46 mi28, Holmes Street, Derby, City Of Derby DE23 8GH3
£163K07/210.47 mi12, Horton Street, Derby, City Of Derby DE23 8LN3
£102K12/220.47 mi27, Church Street, Derby, City Of Derby DE23 6QT3
£155K04/230.49 mi164, Addison Road, Derby, City Of Derby DE24 8FL3
£140K12/200.49 mi8, Hampden Street, Derby, City Of Derby DE23 8UX3
£125K04/210.5 mi43, Brunswick Street, Derby, City Of Derby DE23 8TQ3
£148K01/210.51 mi48, Village Street, Derby, City Of Derby DE23 8SZ3
£107K11/200.53 mi175, Upper Dale Road, Derby, City Of Derby DE23 8BS3
£200K11/220.53 mi215, Upper Dale Road, Derby, City Of Derby DE23 8BS3
£165K01/230.53 mi430, Osmaston Road, Derby, City Of Derby DE24 8AH3
£95K12/200.54 mi18, Chestnut Avenue, Derby, City Of Derby DE23 6WG3
£130K03/230.54 mi168, Upper Dale Road, Derby, City Of Derby DE23 8BQ3
£150K02/230.54 mi176, Upper Dale Road, Derby, City Of Derby DE23 8BQ3
£111.5K03/210.55 mi34, Scott Street, Derby, City Of Derby DE23 8QT3
£110K02/210.58 mi11, Society Place, Derby, Derbyshire DE23 6UH3

Local Rents

20 rents from £750/mo to £1.3K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£93003/240.05 miShaftesbury Crescent, Derby DE23 8NA3
£93003/240.05 miShaftesbury Crescent, Derby DE23 8NA3
£85004/240.06 miReeves Road, Normanton3
£90004/250.1 mi-3
£1,10003/250.39 mi-3
£85003/240.42 miBalfour Road 3
£90012/240.43 miGrosvenor Street, Derby, Derbyshire3
£85003/240.44 miST. James Road, Derby3
£85002/250.44 mi-3
£95004/240.46 miBethulie Road, DERBY3
£80012/240.46 mi-3
£76512/230.47 mi-3
£75004/240.49 miDexter Street, Derby, Derby, DE233
£1,30008/240.51 mi-3
£1,30001/250.51 mi-3
£1,30003/250.51 mi-3
£1,25004/250.56 mi-3
£90012/240.58 mi-3
£95002/250.61 mi-3
£89512/240.61 mi-3

Local Area Statistics

Population in DE23

59,979

Population in Derby

308,324

Town centre distance

0.79 miles away

Nearest school

0.20 miles away

Nearest train station

0.43 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £135,000

August 8, 2024

Floor Plans

Description

  • Terraced house +
  • Three bedrooms +
  • Two reception rooms +
  • Gas central heating +
  • Double glazing +

Frank Innes are delighted to bring this three bedroom terraced house to market. Located close to shops and schools, the property benefits from gas central heating and double glazing. To the ground floor there is a lounge, dining room, kitchen, rear lobby and bathroom. To the first floor there are three bedrooms. To the rear there is a garden. Viewing is essential.

Agent Details

Frank Innes, Derby

01332 215488

Next Steps?

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