2 Bed Terraced House, Cash/Bridging Only, Derby, DE1 1DR, £190,000

40 South Street, Derby, City Of Derby, DE1 1DR - 1 views - 6 months ago

Sold STC
Cash
ROI: 1%
78 m²
+3 photos

ValuationOvervalued

Sold Prices£87.5K - £195K
Sold Prices/m²£1.1K/m² - £3.3K/m²

 

 

Square Metres

78 m²
Price/m²£2.4K/m²

Value Estimate

£145,905

 

 

End Value (After Refurb)

£188,500

Investment Opportunity











Local Sold Prices

50 sold prices from £87.5K to £195K, average is £127K. £1.1K/m² to £3.3K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£127.5K10/210.01 mi23, Ambrose Terrace, Derby, City Of Derby DE1 1DQ2
£101K02/230.01 mi6, Ambrose Terrace, Derby, City Of Derby DE1 1DQ2
£156.5K12/220.06 mi45, Larges Street, Derby, City Of Derby DE1 1DN2
£195K03/230.08 mi22, York Street, Derby, City Of Derby DE1 1FZ2
£130K09/200.08 mi19, South Street, Derby, City Of Derby DE1 1DS2
£160K09/210.09 mi42, Ponsonby Terrace, Derby, City Of Derby DE1 1DT2
£97K03/210.19 mi6, Ashbourne Court, Derby, City Of Derby DE1 1GH2
£87.5K10/200.22 mi96, Drewry Lane, Derby, City Of Derby DE22 3QU2
£135K03/230.22 mi105, Drewry Lane, Derby, City Of Derby DE22 3QS2
£118K02/210.24 mi201, Drewry Lane, Derby, City Of Derby DE22 3QT2
£130K06/230.24 mi179, Drewry Lane, Derby, City Of Derby DE22 3QT2
£165K12/210.25 mi42, Slater Avenue, Derby, City Of Derby DE1 1GT2
£125K05/210.26 mi4, College Mews, Derby, City Of Derby DE1 1UT2
£125K10/200.26 mi13, College Mews, Derby, City Of Derby DE1 1UT2
£138K04/210.27 mi18, Markeaton Street, Derby, City Of Derby DE1 1DW2
£183K05/210.27 mi44, Markeaton Street, Derby, Derbyshire DE1 1DW2
£127K06/210.28 mi1, Buckland Close, Derby, City Of Derby DE1 1EN2
£142.1K08/210.28 mi5, Bakewell Street, Derby, City Of Derby DE22 3SB2
£145K08/230.28 mi72, King Alfred Street, Derby, City Of Derby DE22 3QJ2
£123.5K02/210.28 mi24, King Alfred Street, Derby, City Of Derby DE22 3QJ2
£125K01/230.28 mi59, Jackson Street, Derby, City Of Derby DE22 3SA2
£133.5K04/220.28 mi3, Buckland Close, Derby, City Of Derby DE1 1EN2
£111K10/210.29 mi41, Ward Street, Derby, Derbyshire DE22 3RY2
£93K08/210.29 mi18, Wild Street, Derby, City Of Derby DE1 1GN2
£130K07/210.3 mi65, Wild Street, Derby, City Of Derby DE1 1GP2
£114K04/210.3 mi69, King Alfred Street, Derby, City Of Derby DE22 3QL2
£100K10/210.3 mi65, King Alfred Street, Derby, City Of Derby DE22 3QL2
£130K01/230.3 mi85, King Alfred Street, Derby, City Of Derby DE22 3QL2
£133K01/230.3 mi42, Slack Lane, Derby, City Of Derby DE22 3DY2
£125K11/220.32 mi64, Werburgh Street, Derby, City Of Derby DE22 3QG2
£112K09/210.32 mi64, Lynton Street, Derby, City Of Derby DE22 3RU2
£127K05/210.34 mi17, Findern Street, Derby, City Of Derby DE22 3DX2
£133.7K09/210.37 mi2, Merchant Street, Derby, City Of Derby DE22 3AN2
£108K06/210.38 mi11, Olive Street, Derby, Derbyshire DE22 3RH2
£98K01/210.38 mi67, Brough Street, Derby, City Of Derby DE22 3EN2
£142K01/230.38 mi15, Handford Street, Derby, City Of Derby DE22 3GS2
£125K12/220.39 mi18, Handford Street, Derby, City Of Derby DE22 3GS2
£132.5K10/210.4 mi5, Shaw Street, Derby, Derbyshire DE22 3AS2
£145K01/210.4 mi6, Shaw Street, Derby, City Of Derby DE22 3AS2
£138K01/230.41 mi12, Pelham Street, Derby, City Of Derby DE22 3UG2
£100K03/230.42 mi8, Stanley Street, Derby, City Of Derby DE22 3GT2
£107K03/210.42 mi52, Stanley Street, Derby, City Of Derby DE22 3GT2
£129K03/230.43 mi32, Woods Lane, Derby, City Of Derby DE22 3UA2
£100K05/210.43 mi18, Woods Lane, Derby, City Of Derby DE22 3UA2
£97K07/230.43 mi9, Spring Street, Derby, City Of Derby DE22 3UF2
£100K05/230.44 mi237, Abbey Street, Derby, City Of Derby DE22 3ST2
£113K05/210.44 mi13, Langley Street, Derby, City Of Derby DE22 3GN2
£165K12/220.44 mi18, Shaws Green, Derby, City Of Derby DE22 3HF2
£135K07/210.46 mi42, Camden Street, Derby, City Of Derby DE22 3NR2
£111K07/210.46 mi31, Camden Street, Derby, City Of Derby DE22 3NR2













Local Area Statistics

Population in DE1

14,046

Population in Derby

308,324

Town centre distance

0.80 miles away

Nearest school

0.20 miles away

Nearest train station

1.15 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+28%

Property History

Listed for £190,000

September 21, 2024

Sold for £106,000

2010

Sold for £90,000

2002

Sold for £36,950

1997

Floor Plans

Description

  • Landlords Only +
  • Rented @ £900 PCM +
  • Mid Terrace Home +
  • Lounge +
  • Dining Room +
  • Kitchen +
  • Bathroom & Shower Room +
  • Two Double Bedrooms +
  • Cul de Sac Location +
  • View By Appointment. +

Landlords Only Investment Opportunity Rented @ £900 PCM View By Appointment
A traditional mid terrace home, located close to the centre of Derby, currently Let at £900 pcm. and could increase if altered to student let, being within a popular student area of the city.
The home in brief has a shared side entry with side entrance door to the welcoming reception hallway with stairs rising to the first floor accommodation and door leading down to the cellar. There is a lounge on the front aspect with feature fireplace, separate dining room with an open plan arrangement to the fitted kitchen offering a selection of fitted units, built-in oven, gas hob, tile flooring and freestanding appliance space. There is a concealed gas fired combination boiler supplying the hot water and central heating system.On the ground floor is the second bathroom, offering a three piece white bathroom suite comprising WC, basin and P-shape bath with shower over, finished with complimentary floor and wall tiling. The first floor has two generous double bedrooms with a second shower room finished with a whit shower room suite and complimentary wall tiling. This provides the option of a third bedroom, given the ground floor bathroom provided. Outside is a rear garden access through a shared entry. Sold with tenants in occupation, to landlords only, view by appointment.

The Accommodation -

Entrance Hallway -

Lounge - 3.63m x 3.48m (11'11 x 11'5 ) -

Dining Room - 3.63m x 3.38m (11'11 x 11'1) -

Kitchen - 2.87m x 1.96m (9'5 x 6'5) -

Ground Floor Bathroom - 2.59m x 1.73m (8'6 x 5'8) -

First Floor Landing -

Bedroom One - 3.48m x 3.45m (11'5 x 11'4) -

Bedroom Two - 3.38m x 3.38m (11'1 x 11'1) -

Shower Room - 2.67m x 1.96m (8'9 x 6'5) -

Shared Entry & Rear Garden -

Being sold as an ongoing investment with tenants in occupation paying £900 pcm, private Let. All buyers advised that the transaction will need to be buy to let approved finance or cash purchase.

Agent Details

Nicholas Humphreys, Burton-on-Trent

01283 243718

Next Steps?

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