6 Bed HMO, Derby, DE1 3BB, £325,000
Duffield Road, Derby, DE1 3BB - 1 views - 7 months ago
HMO
ROI: 6%
~155 m²





+16 photos
ValuationUndervalued
Sold Prices | £260K - £787.5K |
Sold Prices/m² | £1.2K/m² - £3.8K/m² |
| |
Square Metres | ~154.95 m² |
Price/m² | £2.1K/m² |
Value Estimate | £349,616 |
BMV | 8% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £81,250 |
Stamp Duty & Legal Fees | £14,700 |
Total Cash In | £95,950 |
| |
Cash Out | |
Room Rate | £451 |
Gross Rent | £2,706 |
Running Costs/mo | £2,243 |
Cashflow/mo | £463 |
Cashflow/yr | £5,562 |
ROI | 6% |
Gross Yield | 10% |
Local Sold Prices
13 sold prices from £260K to £787.5K, average is £552.5K. £1.2K/m² to £3.8K/m², average is £2.3K/m².
Local Area Statistics
Population in DE1 | 14,046 |
Population in Derby | 308,324 |
Town centre distance | 0.98 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 1.16 miles away |
| |
Rental demand | Balanced market |
Rental growth (12m) | +5% |
Sales demand | Balanced market |
Capital growth (5yrs) | +28% |
Property History
Listed for £325,000
August 22, 2024
Floor Plans



Description
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