3 Bed Semi-Detached House, Single Let, Derby, DE24 0AE, £170,000

40 Excelsior Avenue, Derby, City Of Derby, DE24 0AE - 2 views - 7 months ago

Sold STC
BTL
ROI: 4%
70 m²
+9 photos

ValuationOvervalued

Sold Prices£125K - £220K
Sold Prices/m²£1.3K/m² - £2.8K/m²

 

 

Square Metres

70 m²
Price/m²£2.4K/m²

Value Estimate

£147,793

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£6,300

Total Cash In

£48,800

 

 

Cash Out

 

Rent Range

£850 - £2,200

Rent Estimate

£899

Running Costs/mo

£731

Cashflow/mo

£168

Cashflow/yr

£2,015

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £125K to £220K, average is £166.3K. £1.3K/m² to £2.8K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£153K05/210.03 mi40, Excelsior Avenue, Alvaston, Derby, City Of Derby DE24 0AE3
£130K06/210.05 mi30, Matthew Street, Alvaston, Derby, City Of Derby DE24 0ER3
£182.5K02/230.08 mi27, Matthew Street, Alvaston, Derby, City Of Derby DE24 0ES3
£187K05/230.12 mi1, Neilson Street, Alvaston, Derby, City Of Derby DE24 0ET3
£161K05/210.15 mi33, Anthony Drive, Alvaston, Derby, City Of Derby DE24 0FZ3
£131K11/200.15 mi9, Anthony Drive, Alvaston, Derby, City Of Derby DE24 0FZ3
£155K09/210.16 mi84, Brackens Lane, Alvaston, Derby, City Of Derby DE24 0AP3
£205K07/230.17 mi24, Holloway Road, Alvaston, Derby, City Of Derby DE24 0FN3
£137K08/210.17 mi26, Coleman Street, Derby, City Of Derby DE24 8NH3
£160K12/200.19 mi16, Anthony Crescent, Alvaston, Derby, City Of Derby DE24 0GA3
£185K02/210.2 mi29, Arlington Drive, Alvaston, Derby, City Of Derby DE24 0AW3
£125K05/210.21 mi724, Harvey Road, Derby, City Of Derby DE24 0EG3
£192K08/210.21 mi22, Holtlands Drive, Alvaston, Derby, City Of Derby DE24 0AR3
£170K06/230.22 mi679, Harvey Road, Derby, City Of Derby DE24 0EH3
£130K07/210.22 mi711, Harvey Road, Derby, City Of Derby DE24 0EH3
£190K03/210.22 mi49, Holtlands Drive, Alvaston, Derby, City Of Derby DE24 0AS3
£168.5K01/210.22 mi16, Brackens Avenue, Alvaston, Derby, Derbyshire DE24 0BE3
£160K12/200.23 mi13, Jubalton Close, Allenton, Derby, City Of Derby DE24 9BN3
£147.5K06/230.26 mi8, Radford Street, Alvaston, Derby, City Of Derby DE24 8NS3
£191K11/210.26 mi226, Boulton Lane, Derby, City Of Derby DE24 0BA3
£216K12/220.26 mi208, Boulton Lane, Derby, City Of Derby DE24 0BA3
£130K02/210.27 mi41, Wilkins Drive, Allenton, Derby, City Of Derby DE24 8LU3
£127K05/210.27 mi46, Wilkins Drive, Allenton, Derby, City Of Derby DE24 8LU3
£195K11/200.31 mi132, Boulton Lane, Derby, City Of Derby DE24 0FG3
£191K01/230.31 mi130, Boulton Lane, Derby, City Of Derby DE24 0FG3
£190K06/210.31 mi47, Friary Avenue, Allenton, Derby, City Of Derby DE24 9DD3
£132K11/200.31 mi12, Friary Avenue, Allenton, Derby, City Of Derby DE24 9DD3
£165K02/210.32 mi271, Boulton Lane, Derby, City Of Derby DE24 9FW3
£160K08/210.32 mi74, Uppermoor Road, Allenton, Derby, City Of Derby DE24 9BY3
£170K06/210.33 mi147, Boulton Lane, Derby, City Of Derby DE24 0AZ3
£168K04/230.33 mi1, Collis Close, Allenton, Derby, City Of Derby DE24 8LN3
£160K07/230.34 mi46, Bemrose Road, Allenton, Derby, City Of Derby DE24 8LQ3
£220K04/230.34 mi16, Boulton Drive, Alvaston, Derby, City Of Derby DE24 0FQ3
£193K11/200.34 mi29, Boulton Drive, Alvaston, Derby, City Of Derby DE24 0FQ3
£180K04/230.35 mi39, Crayford Road, Alvaston, Derby, City Of Derby DE24 0HL3
£135K02/210.35 mi21, Faversham Close, Alvaston, Derby, City Of Derby DE24 9FY3
£163K01/230.35 mi23, Harrington Street, Allenton, Derby, City Of Derby DE24 9DB3
£164K08/210.35 mi46, Rosedale Avenue, Alvaston, Derby, Derbyshire DE24 0FJ3
£205K05/230.35 mi32, Rosedale Avenue, Alvaston, Derby, City Of Derby DE24 0FJ3
£181K05/230.35 mi56, Rosedale Avenue, Alvaston, Derby, City Of Derby DE24 0FJ3
£135K03/210.35 mi62, Rosedale Avenue, Alvaston, Derby, Derbyshire DE24 0FJ3
£125K11/200.35 mi30, Hutton Street, Allenton, Derby, City Of Derby DE24 8LA3
£169K03/210.36 mi25, Rosedale Avenue, Alvaston, Derby, City Of Derby DE24 0FL3
£166K01/230.37 mi10, Crawley Road, Alvaston, Derby, City Of Derby DE24 9FZ3
£126K11/200.37 mi51, Brigden Avenue, Allenton, Derby, City Of Derby DE24 8LJ3
£213K07/210.38 mi54, Kiwi Drive, Alvaston, Derby, City Of Derby DE24 8NN3
£138K12/200.4 mi6, Dartford Place, Alvaston, Derby, City Of Derby DE24 0DA3
£180K11/220.4 mi10, Dartford Place, Alvaston, Derby, City Of Derby DE24 0DA3
£166.5K02/230.4 mi1, Wilkins Drive, Allenton, Derby, City Of Derby DE24 8LT3
£168.5K11/200.4 mi129, Boulton Lane, Derby, Derbyshire DE24 0FF3

Local Rents

11 rents from £850/mo to £2.2K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£1,05012/240.22 miHoltlands Drive, Alvaston, Derby3
£85012/240.28 miRockhouse Road, Alvaston, Derby, Derbyshire3
£1,00012/240.32 mi-3
£92502/240.39 mi-3
£2,20004/240.49 mi-3
£1,10003/250.5 mi-3
£1,10012/240.53 miWynton Avenue, Alvaston, DERBY3
£89512/240.58 miMoor Drive, Alvaston, Derby, Derbyshire3
£1,00001/240.6 mi-3
£1,00001/240.6 mi-3
£99512/240.6 miWarren Street, Alvaston3

Local Area Statistics

Population in DE24

54,396

Population in Derby

308,324

Town centre distance

2.13 miles away

Nearest school

0.10 miles away

Nearest train station

1.40 miles away

 

 

Rental demand

Landlord's market

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Listed for £170,000

September 2, 2024

Sold for £153,000

2021

Sold for £112,000

2019

Floor Plans

Description

  • Three Bedroom, Semi Detached Home +
  • Council Tax Band A +
  • Freehold +
  • EPC Rating D +
  • Landscaped Garden +
  • Driveway Parking +
  • Non Standard Construction - Stanley Concrete Block +

This beautifully presented, three bedroom, semi detached family home has been modernised throughout and maintained to an exceptional standard by the current owners and is located in the popular area of Alvaston. Benefitting from a modern contemporary decoration throughout, a modern kitchen and bathroom, ample driveway parking and a well maintained rear garden.

Ideal for the first-time buyers, the property benefits from uPVC double glazing throughout and gas central heating by way of a combination boiler. The accommodation in brief comprises; bay fronted living room, opening through to a fantastic open plan dining room and fitted kitchen to the rear. To the first floor is a spacious master bedroom, two further bedrooms and a modern family bathroom with shower over bath.

Externally the garden is low maintenance with artificial lawn, a patio area, a second decked seating area, a garden shed and secure fenced boundaries with gated access to the side.

Excelsior Avenue is very conveniently located for the amenities of Alvaston, close to bus stops and has excellent road links to Pride Park, the City Centre and to the A50, A6 and A52. Call now to book a viewing!! Please note that this property is of non-standard construction.

Agent Details

Hannells Estate Agents, Alvaston

01332 215518

Next Steps?

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