3 Bed Semi-Detached House, Single Let, Derby, DE22 4AR, £200,000

26 Lilac Avenue, Kingsway, Derby, DE22 4AR - 1 views - 7 months ago

Sold STC
BTL
~93 m²
+5 photos

ValuationOvervalued

Sold Prices£97K - £260K
Sold Prices/m²£1.1K/m² - £3.2K/m²

 

 

Square Metres

~93 m²
Price/m²£2.2K/m²

Value Estimate

£194,439

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£7,200

Total Cash In

£57,200

 

 

Cash Out

 

Rent Range

£770 - £2,800

Rent Estimate

£374

Running Costs/mo

£720

Cashflow/mo

£-346

Cashflow/yr

£-4,150

Gross Yield

2%

Local Sold Prices

50 sold prices from £97K to £260K, average is £177.5K. £1.1K/m² to £3.2K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£175K09/210.03 mi9, Laburnum Grove, Kingsway, Derby, City Of Derby DE22 4AX3
£192K10/210.04 mi53, Humbleton Drive, Derby, City Of Derby DE22 4AU3
£187.5K12/200.08 mi38, Greenland Avenue, Derby, Derbyshire DE22 4AP3
£130K12/200.1 mi4, Fulham Road, Derby, City Of Derby DE22 4GB3
£140K03/210.11 mi8, Southwark Close, Derby, City Of Derby DE22 4AL3
£183K11/200.12 mi1, Osterley Green, Derby, City Of Derby DE22 4FZ3
£212K01/230.13 mi7, Norwood Close, Derby, City Of Derby DE22 4GA3
£260K11/200.13 mi47, Brackensdale Avenue, Derby, City Of Derby DE22 4AF3
£212K04/210.13 mi83, Brackensdale Avenue, Derby, City Of Derby DE22 4AF3
£160K11/200.15 mi156, Greenwich Drive South, Derby, City Of Derby DE22 4FX3
£152K12/200.17 mi145, Greenwich Drive South, Mackworth, Derby, City Of Derby DE22 4AH3
£180K06/230.19 mi29, Walthamstow Drive, Derby, City Of Derby DE22 4BS3
£180K07/210.19 mi27, Walthamstow Drive, Derby, City Of Derby DE22 4BS3
£97K08/210.21 mi80, Walthamstow Drive, Derby, City Of Derby DE22 4BR3
£97K08/210.21 mi80, Walthamstow Drive, Derby, City Of Derby DE22 4BR3
£135K01/210.22 mi209, Greenwich Drive South, Mackworth, Derby, City Of Derby DE22 4FW3
£183K11/200.24 mi65, Merton Drive, Derby, City Of Derby DE22 4JL3
£185K12/200.28 mi5, Havering Close, Derby, City Of Derby DE22 4NP3
£175K10/210.29 mi18, Finsbury Avenue, Derby, City Of Derby DE22 4BT3
£175K08/210.31 mi38, Marylebone Crescent, Derby, City Of Derby DE22 4JX3
£180K10/210.31 mi79, Marylebone Crescent, Derby, City Of Derby DE22 4JX3
£190K07/230.31 mi49, Marylebone Crescent, Derby, City Of Derby DE22 4JX3
£210K05/230.34 mi166, Kingsway, Derby, City Of Derby DE22 3FH3
£171.5K05/230.34 mi26, Brentford Drive, Derby, City Of Derby DE22 4BP3
£169.9K03/210.34 mi6, Kingsbury Road, Derby, City Of Derby DE22 4JP3
£203K12/220.35 mi172a, Prince Charles Avenue, Derby, City Of Derby DE22 4LQ3
£145K03/210.36 mi73, Isleworth Drive, Derby, City Of Derby DE22 4JT3
£190.5K01/230.36 mi23, Kingsbury Road, Derby, City Of Derby DE22 4JQ3
£127.5K11/200.36 mi109, Cheviot Street, Derby, City Of Derby DE22 3EZ3
£190K12/220.37 mi22, Kingsbury Road, Derby, City Of Derby DE22 4JQ3
£181K01/230.37 mi13, Raleigh Street, Derby, City Of Derby DE22 3FF3
£220K02/230.37 mi78, Brentford Drive, Derby, City Of Derby DE22 4BQ3
£100K02/210.38 mi57, Kensal Rise, Derby, City Of Derby DE22 4DB3
£158.5K02/210.39 mi9, Brentford Drive, Derby, City Of Derby DE22 4BN3
£120K01/230.39 mi33, Lyttelton Street, Derby, City Of Derby DE22 3FE3
£230K02/230.39 mi53, Kingsbury Road, Derby, City Of Derby DE22 4JQ3
£145K03/210.4 mi16, Isleworth Drive, Derby, City Of Derby DE22 4JR3
£187K01/230.4 mi8, Isleworth Drive, Derby, City Of Derby DE22 4JR3
£195K09/210.41 mi17, Green Park, Derby, City Of Derby DE22 4EX3
£215K05/230.41 mi2, Birdcage Walk, Derby, City Of Derby DE22 4LA3
£118K02/210.41 mi2, Birdcage Walk, Derby, City Of Derby DE22 4LA3
£167K03/210.41 mi13, Finchley Avenue, Derby, City Of Derby DE22 4ES3
£210K04/230.43 mi11, Hendon Way, Derby, City Of Derby DE22 4BZ3
£230K05/230.43 mi1, Brompton Road, Derby, City Of Derby DE22 4LE3
£175K02/230.44 mi44, Cheviot Street, Derby, City Of Derby DE22 3EY3
£218K09/210.44 mi40, Reigate Drive, Derby, City Of Derby DE22 4EN3
£125K11/200.45 mi14, Wallace Street, Derby, City Of Derby DE22 3FB3
£135K11/200.46 mi30, Brompton Road, Derby, City Of Derby DE22 4LF3
£128K05/210.47 mi9, Kensal Rise, Derby, City Of Derby DE22 4DA3
£140K01/210.47 mi6, Kensal Rise, Derby, City Of Derby DE22 4DA3

Local Rents

13 rents from £770/mo to £2.8K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,20003/250.05 mi-3
£97512/240.17 miCamberwell Avenue, Derby3
£1,05003/250.19 mi-3
£1,29904/250.24 mi-3
£2,80002/250.32 mi-3
£1,40004/240.34 mi-3
£1,40012/240.34 miNewham Close, Derby, DE223
£77012/240.39 mi-3
£78002/250.43 mi-3
£1,50012/240.54 miKingsway Boulevard3
£90012/240.58 miMackenzie Street, DERBY3
£1,20012/240.6 mi-3
£95002/250.6 miMayfair Crescent, DERBY3

Local Area Statistics

Population in DE22

46,001

Population in Derby

308,324

Town centre distance

1.94 miles away

Nearest school

0.20 miles away

Nearest train station

2.36 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+2%

Sales demand

Seller's market

Capital growth (5yrs)

+15%

Property History

Listed for £200,000

September 11, 2024

Floor Plans

Description

  • Semi-Detached Residence +
  • Double Glazing +
  • Requires Cosmetic Improvement +
  • Excellent Potential +
  • Entrance Hall, Through Lounge/Dining Room & Kitchen +
  • Three First Floor Bedrooms & Bathroom +
  • Good Sized Rear Garden +
  • Good Sized Driveway +
  • Garage +
  • No Uppward Chain +

A three bedroom semi-detached residence occupying a quiet residential location in popular Mackworth.

This is a well positioned, three bedroom semi-detached residence on a quiet road in sought-after Mackworth. The property is set back behind a lawned fore-garden with driveway to the side of the property leading to a detached garage. To the rear of the property is a good sized enclosed garden.

Internally, the double glazed accommodation comprises hallway, through lounge/dining room, kitchen, three bedrooms and bathroom. Due to the size of the plot, the property lends itself for an extension to the rear (subject to the necessary planning consent).

The Location - The property is located close to a nearby parade of shops, small supermarket, primary school, recreation area and also offers easy access into Derby city centre with easy links onto the A38 and A52 as well as popular Markeaton Park.

Accomodation -

Ground Floor -

Entrance Hall - 4.23 x 1.77 (13'10" x 5'9") - uPVC, double glazed entrance door provides access into the hallway with staircase leading to the first floor with under-stairs storage cupboard and double glazed window to the side.

Lounge/Dining Room - 7.22 x 3.08 (23'8" x 10'1") - With feature fireplace with gas fire, decorative coving and double glazed windows to the front and rear.

First Floor Landing - With double glazed window to the side and access to loft space.

Kitchen - 2.40 x 1.80 (7'10" x 5'10") - With roll edge worktop and tiled surround, inset stainless steel sink unit, fitted base cupboards and drawers, appliance spaces suitable for a freestanding electric cooker and washing machine, double glazed window to the side and double glazed door to the rear.

Bedroom One - 3.44 x 3.04 (11'3" x 9'11") - With double glazed window to the front.

Bedroom Two - 3.64 x 3.05 (11'11" x 10'0") - With fitted wardrobe and double glazed window to the rear.

Bedroom Three - 1.93 x 1.77 (6'3" x 5'9") - With cupboard and double glazed window to the front.

Bathroom - 1.82 x 1.82 (5'11" x 5'11") - With low flush WC, pedestal wash handbasin, panelled bath and double glazed window to the rear.

Outside - To the front of the property is a lawned fore-garden with wrought iron gates giving access to the driveway and detached garage. To the rear of the property is a patio area, lawn surrounded by herbaceous borders and further gravelled section to the foot of the garden, all of which is bound by timber fencing.

Council Tax Band B -

Agent Details

Fletcher & Company, Derby

01332 215616

Next Steps?

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