2 Bed Bungalow, Single Let, Derby, DE22 2SJ, £210,000

Rannoch Close, Allestree, DE22 2SJ - 7 months ago

BTL
~66 m²
+6 photos

ValuationUndervalued

Sold Prices£147.5K - £347.5K
Sold Prices/m²£1.5K/m² - £26.3K/m²

 

 

Square Metres

~66.49 m²
Price/m²£3.2K/m²

Value Estimate

£243,135
BMV16%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£52,500

Stamp Duty & Legal Fees

£11,700

Total Cash In

£64,200

 

 

Cash Out

 

Rent Range

£775 - £1,250

Rent Estimate

£797

Running Costs/mo

£836

Cashflow/mo

£-39

Cashflow/yr

£-464

Gross Yield

5%

Local Sold Prices

50 sold prices from £147.5K to £347.5K, average is £231K. £1.5K/m² to £26.3K/m², average is £3.7K/m².

PriceDateDistanceAddressBeds 
£215K11/200.02 mi18, Rannoch Close, Allestree, Derby, City Of Derby DE22 2SJ2
£184K12/200.02 mi4, Rannoch Close, Allestree, Derby, City Of Derby DE22 2SJ2
£275K03/210.17 mi171, Portreath Drive, Allestree, Derby, City Of Derby DE22 2SB2
£243K02/230.2 mi21, Thirlmere Avenue, Allestree, Derby, City Of Derby DE22 2RX2
£225K11/210.2 mi21, Thirlmere Avenue, Allestree, Derby, City Of Derby DE22 2RX2
£275K04/210.2 mi5, Thirlmere Avenue, Allestree, Derby, City Of Derby DE22 2RX2
£280K05/210.22 mi41, Causeway, Darley Abbey, Derby, City Of Derby DE22 2BX2
£197.5K09/210.22 mi10, St Johns Close, Allestree, Derby, City Of Derby DE22 2PN2
£275K05/230.23 mi21, Tresillian Close, Darley Abbey, Derby, City Of Derby DE22 2AG2
£270K10/210.26 mi143, Birchover Way, Allestree, Derby, City Of Derby DE22 2DB2
£305K07/230.31 mi23, Causeway, Darley Abbey, Derby, City Of Derby DE22 2BW2
£215K03/230.32 mi18, Foxes Walk, Allestree, Derby, City Of Derby DE22 2FG2
£245K11/200.35 mi126, Ferrers Way, Derby, City Of Derby DE22 2BE2
£238K03/210.37 mi19, Welwyn Avenue, Allestree, Derby, City Of Derby DE22 2JR2
£230K02/210.41 mi39, Riddings, Allestree, Derby, City Of Derby DE22 2GD2
£253K12/200.41 mi3, St Edmunds Close, Allestree, Derby, City Of Derby DE22 2DZ2
£180K03/210.43 mi32, Farnway, Darley Abbey, Derby, City Of Derby DE22 2BQ2
£211K09/210.45 mi16, West Bank Road, Allestree, Derby, Derbyshire DE22 2FX2
£260K12/220.47 mi6, Canons Walk, Darley Abbey, Derby, City Of Derby DE22 1FG2
£174K07/230.47 mi2, Canons Walk, Darley Abbey, Derby, City Of Derby DE22 1FG2
£216K06/210.48 mi19, Pingle, Allestree, Derby, City Of Derby DE22 2GF2
£232K08/230.48 mi19, Pingle, Allestree, Derby, City Of Derby DE22 2GF2
£347.5K03/230.48 mi7, Alstonfield Drive, Allestree, Derby, City Of Derby DE22 2XF2
£210K07/230.51 mi109, Darley Abbey Drive, Darley Abbey, Derby, City Of Derby DE22 1EF2
£208K02/210.51 mi74, Birchover Way, Allestree, Derby, City Of Derby DE22 2QL2
£230K10/210.53 mi5, Melbourne Close, Allestree, Derby, City Of Derby DE22 2QS2
£195K01/210.54 mi8, Lavender Row, Darley Abbey, Derby, City Of Derby DE22 1DF2
£234.9K03/210.55 mi20, Tamar Avenue, Allestree, Derby, City Of Derby DE22 2GY2
£265K09/210.55 mi6, Longford Close, Allestree, Derby, City Of Derby DE22 2RG2
£252K02/210.58 mi273, Lambourn Drive, Allestree, Derby, City Of Derby DE22 2UA2
£220K09/210.6 mi357a, Duffield Road, Allestree, Derby, City Of Derby DE22 2DG2
£167K02/230.63 mi6, Wessington Mews, Allestree, Derby, City Of Derby DE22 2XH2
£240K12/210.65 mi20, Ashbrook Close, Allestree, Derby, City Of Derby DE22 2NS2
£160K03/210.66 mi13, Ravensdale Road, Allestree, Derby, City Of Derby DE22 2SZ2
£235K03/230.66 mi9, Ravensdale Road, Allestree, Derby, City Of Derby DE22 2SZ2
£266K06/230.67 mi36, Birchover Way, Allestree, Derby, City Of Derby DE22 2QJ2
£267.5K07/210.69 mi56, Home Farm Drive, Allestree, Derby, City Of Derby DE22 2UP2
£240K02/230.69 mi12, Hulland View, Allestree, Derby, City Of Derby DE22 2RD2
£249.3K02/230.69 mi16, Hulland View, Allestree, Derby, City Of Derby DE22 2RD2
£190K04/210.69 mi5, Hulland View, Allestree, Derby, City Of Derby DE22 2RD2
£179.9K04/210.7 mi4, Portway Close, Allestree, Derby, City Of Derby DE22 2UW2
£244K02/210.7 mi18, West Row, Darley Abbey, Derby, City Of Derby DE22 1DN2
£147.5K04/210.7 mi5, West Row, Darley Abbey, Derby, Derbyshire DE22 1DN2
£191.5K01/210.7 mi8, Maple Grove, Allestree, Derby, City Of Derby DE22 2HD2
£185K08/210.7 mi10, Maple Grove, Allestree, Derby, City Of Derby DE22 2HD2
£159.9K02/210.72 mi10, Hill Square, Darley Abbey, Derby, City Of Derby DE22 1DW2
£255K06/210.74 mi19, Crabtree Close, Allestree, Derby, City Of Derby DE22 2SW2
£260K11/200.74 mi39, Ypres Road, Allestree, Derby, City Of Derby DE22 2NA2
£178K06/210.74 mi17, Crabtree Close, Allestree, Derby, City Of Derby DE22 2SW2
£200K10/210.74 mi8, Edale Close, Allestree, Derby, City Of Derby DE22 2RL2

Local Rents

25 rents from £775/mo to £1.3K/mo, average is £895/mo.

RentDateDistanceAddressBeds 
£85002/240.02 mi-2
£98503/250.02 mi-2
£95008/230.37 mi-2
£89512/240.44 miRiddings, Allestree, Derby2
£89512/240.51 miBirchover Way, Allestree, Derby, Derbyshire2
£1,25003/250.58 mi-2
£1,25002/250.58 mi-2
£82512/240.59 miHighfields Park Drive, Darley Abbey, Derby2
£85004/250.59 mi-2
£99502/240.7 mi-2
£89512/240.7 miWest Row, Darley Abbey2
£95012/240.71 miFindern Close, Allestree2
£85012/240.71 miMaple Grove, Allestree, Derby, Derbyshire2
£89512/240.74 miHill Square, Darley Abbey, Derby2
£80008/230.76 mi-2
£82505/240.76 mi-2
£1,08008/230.85 mi-2
£82512/240.96 miWheeldon Manor, Wheeldon Avenue, Derby2
£79512/241.14 miKedleston Road, Derby, Derbyshire2
£99703/241.18 miRedshaw Street, Derby, Derbyshire, DE1 3SH2
£90012/241.23 mi-2
£82512/241.23 miMagnus Court, Derby, Derbyshire DE21 4TR2
£85003/251.23 mi-2
£77512/241.23 miMagnus Court, Chester Green, Derby2
£85012/241.24 mi-2

Local Area Statistics

Population in DE22

46,001

Population in Derby

308,324

Town centre distance

2.41 miles away

Nearest school

0.40 miles away

Nearest train station

2.53 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+2%

Sales demand

Seller's market

Capital growth (5yrs)

+15%

Property History

Price changed to £210,000

March 12, 2025

Price changed to £220,000

February 8, 2025

Listed for £230,000

September 19, 2024

Floor Plans

Description

  • Three-Bedroom, Standard Construction, Semi-Detached Bungalow +
  • EPC Rating C +
  • Council Tax Band B +
  • Freehold +
  • Off Road Parking With A Car Port +
  • Pleasant Cul-De-Sac Location +
  • Sought-After Location +

Brought to the market with no upward chain is this well-presented, two double-bedroom detached bungalow. Located on a pleasant cul-de-sac in the sought-after Derby suburb of Allestree, the property features gas central heating installed 2023, uPVC double glazing gas central heating, off road parking with a car port and an enclosed rear garden!

In brief, the accommodation comprises; Entrance hallway with access to a part boarded loft, a spacious lounge with a log burning stove, a conservatory overlooking the rear garden, a fitted kitchen, two double bedrooms and a modern fitted shower room having a three piece suite.

To the front of the property is a lawned fore garden alongside a driveway providing ample off-road parking and giving access alongside the property to a gated car port, whilst to the rear is a beautiful garden with patio seating area, lawn and mature, mixed flower and shrubbery beds.

Rannoch Close lies convenient for local amenities including shops, schools, good bus services and access to all major roads.

This property must be viewed internally to appreciate the size and standard of the accommodation and the location of the property on offer.

Agent Details

Hannells Estate Agents, Allestree

01332 215470

Next Steps?

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