2 Bed Bungalow, Single Let, Derby, DE22 1GX, £315,000

Highfield Road, DERBY, Derbyshire, DE22 1GX - 8 months ago

Sold STC
BTL
~68 m²
+10 photos

ValuationOvervalued

Sold Prices£67K - £305.1K
Sold Prices/m²£1K/m² - £3.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.6K/m²

Value Estimate

£155,682

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£78,750

Stamp Duty & Legal Fees

£14,700

Total Cash In

£93,450

 

 

Cash Out

 

Rent Range

£412 - £2,395

Rent Estimate

£592

Running Costs/mo

£1,123

Cashflow/mo

£-531

Cashflow/yr

£-6,369

Gross Yield

2%

Local Sold Prices

50 sold prices from £67K to £305.1K, average is £162.5K. £1K/m² to £3.8K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£305K01/210 mi43, Highfield Road, Derby, City Of Derby DE22 1GX2
£270K04/210.18 mi24, Parkfields Drive, Derby, City Of Derby DE22 1HH2
£162K11/220.18 mi36, Leyland Street, Derby, City Of Derby DE1 3PP2
£119K09/210.23 mi37, Walter Street, Derby, City Of Derby DE1 3PR2
£150K01/210.23 mi18, Walter Street, Derby, City Of Derby DE1 3PR2
£163K11/220.23 mi13, Cowley Street, Derby, City Of Derby DE1 3SL2
£153K12/200.24 mi14, West Avenue, Derby, City Of Derby DE1 3HR2
£132K08/210.24 mi8, Walter Street, Derby, City Of Derby DE1 3PR2
£160K03/230.24 mi32, Walter Street, Derby, City Of Derby DE1 3PR2
£163K01/230.24 mi10, Cowley Street, Derby, City Of Derby DE1 3SN2
£265.5K01/210.25 mi3, Broadfields Close, Derby, City Of Derby DE22 1BT2
£229.9K10/200.27 mi35, Arthur Street, Derby, City Of Derby DE1 3EG2
£145K03/210.29 mi175, Watson Street, Derby, City Of Derby DE1 3SJ2
£115K05/230.31 mi2b, Henry Street, Derby, City Of Derby DE1 3BQ2
£123K02/210.32 mi201, Watson Street, Derby, City Of Derby DE1 3SP2
£190K03/210.32 mi181, Watson Street, Derby, City Of Derby DE1 3SP2
£156.7K03/210.35 mi82, Cedar Street, Derby, Derbyshire DE22 1GE2
£173.5K05/230.35 mi77, Cedar Street, Derby, City Of Derby DE22 1GE2
£158K04/210.37 mi22, Cedar Street, Derby, City Of Derby DE22 1GD2
£202K03/230.37 mi25, Cedar Street, Derby, City Of Derby DE22 1GD2
£160K10/220.38 mi12, Edward Street, Derby, City Of Derby DE1 3BR2
£145K01/230.38 mi4, Arthur Street, Derby, City Of Derby DE1 3EF2
£305.1K04/210.38 mi5, Edward Street, Derby, City Of Derby DE1 3BR2
£155K10/220.38 mi15, Edward Street, Derby, City Of Derby DE1 3BR2
£205K05/230.39 mi52, Sherwin Street, Derby, City Of Derby DE22 1GN2
£95K11/210.39 mi54, Sherwin Street, Derby, City Of Derby DE22 1GN2
£175K02/210.39 mi68, Sherwin Street, Derby, City Of Derby DE22 1GN2
£173K03/210.39 mi88, Sherwin Street, Derby, City Of Derby DE22 1GN2
£170K09/210.39 mi21, Sherwin Street, Derby, City Of Derby DE22 1GP2
£176K09/210.39 mi42, Sherwin Street, Derby, City Of Derby DE22 1GN2
£142.5K09/210.42 mi102, City Road, Derby, City Of Derby DE1 3RR2
£160K03/230.42 mi129, City Road, Derby, City Of Derby DE1 3RR2
£160K05/230.42 mi120, City Road, Derby, City Of Derby DE1 3RR2
£165K05/210.42 mi147, City Road, Derby, City Of Derby DE1 3RR2
£178.5K01/210.42 mi119, City Road, Derby, City Of Derby DE1 3RR2
£180K06/210.42 mi145, City Road, Derby, City Of Derby DE1 3RR2
£187.7K12/220.42 mi84, Longford Street, Derby, City Of Derby DE22 1GH2
£172.5K07/210.43 mi78, Longford Street, Derby, City Of Derby DE22 1GH2
£170K06/210.43 mi45, Longford Street, Derby, City Of Derby DE22 1GJ2
£67K10/200.44 mi41, Etruria Gardens, Derby, City Of Derby DE1 3RL2
£140K07/210.45 mi10, Derventio Close, Derby, City Of Derby DE1 3TD2
£133K02/210.45 mi2, Derventio Close, Derby, Derbyshire DE1 3TD2
£169.9K09/210.47 mi74, Broadway, Derby, City Of Derby DE22 1BQ2
£235K12/220.47 mi72, Chester Green Road, Derby, City Of Derby DE1 3SF2
£152K04/220.47 mi2, Handyside Street, Derby, City Of Derby DE1 3BY2
£138K04/210.48 mi18, Markeaton Street, Derby, City Of Derby DE1 1DW2
£183K05/210.48 mi44, Markeaton Street, Derby, Derbyshire DE1 1DW2
£158K09/210.48 mi77, Old Chester Road, Derby, City Of Derby DE1 3SA2
£181.3K06/230.48 mi33, Old Chester Road, Derby, City Of Derby DE1 3SA2
£155K05/230.48 mi7, Old Chester Road, Derby, City Of Derby DE1 3SA2

Local Rents

51 rents from £412/mo to £2.4K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£69303/240.17 miStudents 2024/25 - Elms Street, Derby, Derbyshire, DE1 LOW SECURITY DEPOSIT 2
£1,21303/240.2 miWalter Street, Derby, Derbyshire, DE1 3PR2
£1,21303/240.2 mi43 Walter Street, Derby, Derbyshire, DE1 3PR2
£1,70012/240.2 mi-2
£99703/240.22 miRedshaw Street, Derby, Derbyshire, DE1 3SH2
£1,21803/240.24 miWalter Street, Derby, Ground Floor 2
£60903/240.24 miWalter Street, Derby, First Floor2
£65012/240.26 mi-2
£82512/240.26 miWheeldon Manor, Wheeldon Avenue, Derby2
£90005/240.27 miRedshaw Street, Derby, Derbyshire, DE1 3SG2
£1,30003/240.27 miWatson Street, Derby, Derbyshire, DE12
£79512/240.29 miKedleston Road, Derby, Derbyshire2
£54203/240.29 mi Students 2024/25 - Duffield Road, Derby, DE1 3BB LOW SECURITY DEPOSIT 2
£97503/250.29 mi-2
£2,39504/240.32 mi-2
£2,39503/240.32 mi-2
£2,39504/240.32 mi-2
£2,39505/240.32 mi-2
£2,39505/240.32 mi-2
£2,39505/240.32 mi-2
£2,39512/240.32 mi-2
£2,39512/240.32 mi-2
£41203/240.33 miNorthgate, North Street, Derby2
£1,08008/230.34 mi-2
£64503/240.34 miKings Court, Arthur Street, Derby, DE1 3DH 2
£99504/240.35 mi-2
£99503/240.35 miKing's Crescent Apartments, Derby, DE12
£95004/240.35 mi-2
£95003/240.35 miKing's Crescent Apartments, Derby, DE12
£99504/240.35 miKing's Crescent Apartments, Derby, DE12
£95004/240.35 miKing's Crescent Apartments, Derby, DE12
£95005/240.35 miKing's Crescent Apartments, Derby, DE12
£95006/240.35 mi-2
£95012/240.35 mi-2
£95012/240.35 mi-2
£95012/240.35 mi-2
£85002/250.35 mi-2
£95002/250.35 mi-2
£99502/250.35 mi-2
£95002/250.35 mi-2
£95002/250.35 mi-2
£85002/250.35 mi-2
£95002/250.35 mi-2
£85003/250.35 mi-2
£79503/250.35 mi-2
£90003/250.35 mi-2
£97504/250.35 mi-2
£85003/250.35 mi-2
£87503/250.35 mi-2
£90004/250.35 mi-2
£99503/240.35 miKings Crescent Apartments, Derby, DE12

Local Area Statistics

Population in DE22

46,001

Population in Derby

308,324

Town centre distance

1.27 miles away

Nearest school

0.10 miles away

Nearest train station

1.46 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+2%

Sales demand

Seller's market

Capital growth (5yrs)

+15%

Property History

Price changed to £315,000

December 26, 2024

Listed for £325,000

August 14, 2024

Floor Plans

Description

  • Two/Three Bedroom Detached Dormer Bungalow +
  • Spacious Lounge/Dining Room +
  • Delightful Rear Garden +
  • Ample off Road Parking Detached Garage +
  • Sought After Location +
  • Conservatory +
  • UPVC Double Glazing & Gas Central Heating +
  • Ground floor WC +
  • Viewing Essential +

The versatile detached dormer bungalow is situated in a highly desirable location near Derby City Centre. The property offers numerous amenities including UPVC double glazing, gas central heating, ample off-road parking, and a single detached garage. The accommodation comprises an entrance hallway, cloakroom/WC, spacious lounge/diner, separate dining room/family room or third bedroom, fitted kitchen, and conservatory on the ground floor. The first floor features two double bedrooms and a family bathroom. Externally, the property includes a driveway providing off-road parking and a front lawn, while the rear garden offers a delightful space with lawn, shrub borders, patio area, garage, and a garden shed.

Highfield Road is conveniently located, offering easy access to local amenities, schools, shops, as well as excellent road and transport links to Derby City Centre, Derby University, Derby Royal Hospital, Rolls Royce Works, Bombardier Works, and East Midlands Airport. It is highly recommended to arrange an internal viewing to fully appreciate the generous proportions and prime location of the accommodation available.

Agent Details

Frank Innes, Derby

01332 215488

Next Steps?

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