2 Bed Flat, Potential PLO/LOA, Derby, DE22 3SY, £95,000

11 Jackdaw Close, Derby, City Of Derby, DE22 3SY - 2 views - 6 months ago

Sold STC
Leasehold
BTL
Negative Equity
55 m²
+6 photos

ValuationOvervalued

Sold Prices£37K - £170.5K
Sold Prices/m²£679/m² - £2.5K/m²

 

 

Square Metres

55 m²
Price/m²£1.7K/m²

Value Estimate

£88,033

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£23,750

Stamp Duty & Legal Fees

£4,050

Total Cash In

£27,800

 

 

Cash Out

 

Rent Range

£98 - £1,257

Rent Estimate

£384

Running Costs/mo

£394

Cashflow/mo

£-10

Cashflow/yr

£-116

Gross Yield

5%

Local Sold Prices

34 sold prices from £37K to £170.5K, average is £104.5K. £679/m² to £2.5K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£92.5K08/210.01 mi3, Jackdaw Close, Derby, City Of Derby DE22 3SY2
£109K10/220.2 miFlat 52, Mill Point, Rowditch Place, Derby, City Of Derby DE22 3LR2
£94K08/210.2 miFlat 6, Mill Point, Rowditch Place, Derby, City Of Derby DE22 3LR2
£135K09/220.44 mi34, Kniveton Close, Derby, City Of Derby DE22 3BB2
£38K04/230.49 miFlat 31, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW2
£42.5K09/220.49 miFlat 5, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW2
£111K07/220.49 miFlat 41, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW2
£85K06/210.55 miFlat 5, Great Northern Point, Great Northern Road, Derby, City Of Derby DE1 1LZ2
£48K09/210.55 miFlat 27, Great Northern Point, Great Northern Road, Derby, City Of Derby DE1 1LZ2
£136K06/210.55 mi103, Parliament Street, Derby, City Of Derby DE22 3RL2
£42K11/220.56 miFlat 33, Eaton Court, Leaper Street, Derby, City Of Derby DE1 3NX2
£60K12/200.56 miFlat 32, Eaton Court, Leaper Street, Derby, City Of Derby DE1 3NX2
£37K02/210.56 miFlat 35, Eaton Court, Leaper Street, Derby, City Of Derby DE1 3NX2
£127.5K07/210.68 miApartment 2, Westpoint, Brook Street, Derby, City Of Derby DE1 3TE2
£95K03/210.69 mi8, Namur Close, Derby, City Of Derby DE22 3JS2
£140K03/230.71 miFirst Floor Flat, 3, Friary Street, Derby, City Of Derby DE1 1JF2
£85K10/210.72 mi12, Nuns Street, Derby, City Of Derby DE1 3LL2
£95K10/210.72 mi11, St Swithins Close, Derby, City Of Derby DE22 3LG2
£110K03/230.72 mi21, St Swithins Close, Derby, City Of Derby DE22 3LG2
£143K12/220.75 mi100, Bridge Street, Derby, City Of Derby DE1 3LF2
£80K02/230.76 mi1, St Quentin Close, Derby, City Of Derby DE22 3JT2
£122.5K08/210.76 mi23, St Clares Close, Derby, Derbyshire DE22 3JG2
£124K03/210.79 mi53, Farm Street, Derby, City Of Derby DE22 3UJ2
£100K11/210.8 mi16, Garden Lodge Close, Derby, City Of Derby DE23 6DD2
£78.5K08/210.85 mi94, Gerard Street, Derby, City Of Derby DE1 1PH2
£87.5K11/200.85 mi114, Gerard Street, Derby, City Of Derby DE1 1PH2
£90K07/220.9 miFlat 14, Swinscoe House, Rosengrave Street, Derby, City Of Derby DE1 1PS2
£170.5K09/220.91 mi19, Priory Heights Court, Derby, City Of Derby DE23 6AX2
£162.5K04/210.91 mi10, Priory Heights Court, Derby, City Of Derby DE23 6AX2
£170K09/220.91 mi12, Priory Heights Court, Derby, City Of Derby DE23 6AX2
£162.5K07/220.91 mi7, Priory Heights Court, Derby, City Of Derby DE23 6AX2
£169K05/210.91 mi4, Priory Heights Court, Derby, City Of Derby DE23 6AX2
£150K07/210.91 mi25, Priory Heights Court, Derby, City Of Derby DE23 6AX2
£140.5K05/210.91 mi15, Priory Heights Court, Derby, City Of Derby DE23 6AX2

Local Rents

50 rents from £98/mo to £1.3K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£80012/240.08 miArnold Street, DERBY2
£85003/240.08 mi-2
£67212/240.09 miCobden Street2
£82512/240.1 mi-2
£45512/240.11 miPeach Street2
£85012/240.11 mi-2
£82512/240.13 mi2 Bedroom Terraced House, Howe Street, Derby Centre2
£75001/240.16 mi-2
£37512/240.17 miStables Street, Derby, 2
£38512/240.17 miStables Street, Derby , 2
£77512/240.19 miFindern Street, Derby2
£45512/240.19 miFindern Street, Derby, 2
£91002/250.2 mi-2
£41212/240.22 miStudent Property 24 - 252
£78002/250.23 mi-2
£77512/240.23 mi-2
£38512/240.23 miMorley Street, Derby, 2
£85012/240.23 miRadbourne Street, Derby, DE22 3HD2
£95003/250.24 mi-2
£82512/240.24 miRowditch Place, Derby, Derbyshire, DE222
£1,10512/240.24 miRadbourne Street, Derby2
£99703/240.24 miWild Street, Derby, Derbyshire, DE1 1GP2
£82504/240.24 miWild Street, DERBY2
£86703/240.24 miWild Street, Derby, Derbyshire, DE12
£47712/240.24 miStudent Property 24-252
£68004/240.25 miWild Street2
£82512/240.26 mi-2
£63012/240.26 miHandford Street, Derby, 2
£9804/240.27 miFlat, Derby2
£85002/240.28 mi-2
£80002/240.28 mi-2
£75003/240.28 mi-2
£75002/240.28 mi-2
£87503/250.29 mi-2
£79503/240.3 miGranville Street, Derby2
£92503/240.31 miGreat Northern Road, Derby2
£87501/250.32 mi-2
£80001/250.33 mi-2
£80003/250.33 mi-2
£79012/240.33 miFrederick Street , Derby, 2
£39512/240.33 miManchester Street, Derby, 2
£53512/240.33 miCamden Street, Derby, 2
£69512/240.33 mi-2
£69502/240.33 mi-2
£1,25712/240.33 miManchester Street, Derby, Derbyshire, DE222
£80012/240.33 miManchester Street, Derby2
£1,20512/240.33 miManchester Street, Derby, Derbyshire, DE222
£95012/240.34 miLonsdale Place, DERBY2
£1,19612/240.34 miManchester Street, Derby, Derbyshire, DE222
£79512/240.34 miThe Maltings, Derby, DE22 3AU2

Local Area Statistics

Population in DE22

46,001

Population in Derby

308,324

Town centre distance

1.22 miles away

Nearest school

0.40 miles away

Nearest train station

1.62 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+2%

Sales demand

Seller's market

Capital growth (5yrs)

+15%

Property History

Listed for £95,000

-32%

October 10, 2024

Sold for £124,950

2005

Floor Plans

Description

LANDLORDS ONLY TENANT IN OCCUPATION PAYING £625 PCM INVESMENT SALE
A first floor two bedroom apartment in a popular development offering easy access to the city centre and Derby, inner & outer ring roads and the A38. Being sold with a tenant in occupation as an ongoing investment.
Comprising spacious living/dining area, fitted kitchen with appliances, One double bedroom and one smaller double bedroom & fitted bathroom.
The property benefits from gas central heating, double glazing, allocated parking and communal garden area. Viewing highly recommended. Council Tax Band B.

The Accommodation - A communal secure intercom door to the communal hall and stairs.

First Flor Appartment -

Entrance Hallway - Door to the hallway with radiator and intercom

Lounge Diner - 5.87m x 2.82m (19'3 x 9'3) - With radiator, double glazed window and Juliette balcony to the front elevation.

Kitchen - 2.57m x 1.78m (8'5 x 5'10) - Fitted kitchen with a range of base & wall units, integrated oven & hob, kitchen extractor hood above, sink, spaces for dishwasher, fridge freezer and washing machine. Wall mounted gas fired combination boiler supplying the heating and hot water.

Bedroom One - 3.43m x 3.02m (11'3 x 9'11) - Double bedroom with built-in double wardrobe and window to the rear aspect.

Bedroom Two - 3.02m x 2.31m (9'11 x 7'7) - With window to the rear aspect.

Bathroom - Fitted with a three piece white bathroom suite with bath with mixer shower tap, WC, hand wash basin and extractor fan.

Outside - The property has an allocated parking space.

Tenant In Occupation - The tenant in occupation currently pays £625 per month. The buyer will therefore need to obtain buy to let finance, or pay cash.

Leasehold - The vendor has informed us the ground rent is £150 per annum and the annual service charge £858.00. We advise this to be checked via your legal solicitor during the purchase process in advance of completion, as these charges are subject to an annual review. There are approximately 980 years left on the lease.
Draft details awaiting vendor approval and subject to change.

Agent Details

Nicholas Humphreys, Burton-on-Trent

01283 243718

Next Steps?

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