2 Bed Semi-Detached House, Single Let, Derby, DE24 0HT, £175,000

Folkestone Drive, Alvaston,, DE24 0HT - 6 months ago

Sold STC
BTL
~68 m²
+7 photos

ValuationOvervalued

Sold Prices£91K - £300K
Sold Prices/m²£1.7K/m² - £5.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.6K/m²

Value Estimate

£166,271

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£43,750

Stamp Duty & Legal Fees

£6,450

Total Cash In

£50,200

 

 

Cash Out

 

Rent Range

£495 - £1,200

Rent Estimate

£573

Running Costs/mo

£681

Cashflow/mo

£-108

Cashflow/yr

£-1,302

Gross Yield

4%

Local Sold Prices

50 sold prices from £91K to £300K, average is £165.5K. £1.7K/m² to £5.3K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£300K06/210.1 mi18, Calvin Close, Alvaston, Derby, City Of Derby DE24 0HX2
£195K04/210.1 mi20, Calvin Close, Alvaston, Derby, City Of Derby DE24 0HX2
£140K01/210.1 mi14, Calvin Close, Alvaston, Derby, City Of Derby DE24 0HX2
£210K01/230.1 mi19, Sweetbriar Close, Alvaston, Derby, City Of Derby DE24 0TF2
£125K06/210.11 mi12, Sweetbriar Close, Alvaston, Derby, City Of Derby DE24 0TF2
£155.5K02/230.11 mi14, Sweetbriar Close, Alvaston, Derby, City Of Derby DE24 0TF2
£180K05/210.2 mi54, Gilbert Street, Alvaston, Derby, City Of Derby DE24 0LE2
£220K12/200.2 mi59, Gilbert Street, Alvaston, Derby, City Of Derby DE24 0LE2
£267.5K02/230.21 mi54, Gilbert Street, Alvaston, Derby, City Of Derby DE24 0LE2
£220K06/230.22 mi89, Field Lane, Alvaston, Derby, City Of Derby DE24 0GS2
£215K03/210.26 mi9, Hardhurst Road, Alvaston, Derby, Derbyshire DE24 0LF2
£215K08/230.26 mi4, Lilac Close, Alvaston, Derby, City Of Derby DE24 0HA2
£204K08/210.27 mi34, Gilbert Street, Alvaston, Derby, City Of Derby DE24 0LD2
£167.5K05/230.29 mi5, Crawley Road, Alvaston, Derby, City Of Derby DE24 9GA2
£160K03/230.29 mi15, Crawley Road, Alvaston, Derby, City Of Derby DE24 9GA2
£160K01/230.29 mi22, Waldene Drive, Alvaston, Derby, City Of Derby DE24 0GZ2
£240K08/210.31 mi67, Holbrook Road, Alvaston, Derby, City Of Derby DE24 0DF2
£137.5K11/200.32 mi50, Field Lane, Alvaston, Derby, City Of Derby DE24 0GQ2
£250K07/230.32 mi64, Field Lane, Alvaston, Derby, City Of Derby DE24 0GQ2
£112K12/200.32 mi9, Rosslyn Gardens, Alvaston, Derby, City Of Derby DE24 0FY2
£165K07/230.32 mi7, Rosslyn Gardens, Alvaston, Derby, City Of Derby DE24 0FY2
£220K06/210.34 mi4, Garth Crescent, Alvaston, Derby, City Of Derby DE24 0GX2
£272K06/230.34 mi29, Garth Crescent, Alvaston, Derby, City Of Derby DE24 0GX2
£285K03/230.34 mi25, Garth Crescent, Alvaston, Derby, City Of Derby DE24 0GX2
£160K06/210.37 mi3, Boulton Drive, Alvaston, Derby, City Of Derby DE24 0FQ2
£154K11/200.4 mi13, Arlington Drive, Alvaston, Derby, City Of Derby DE24 0AW2
£110K11/200.4 mi44, Anthony Crescent, Alvaston, Derby, City Of Derby DE24 0GA2
£134K03/210.41 mi8, Anthony Drive, Alvaston, Derby, City Of Derby DE24 0FZ2
£165K04/230.41 mi23, Rosedale Avenue, Alvaston, Derby, City Of Derby DE24 0FL2
£157K03/210.41 mi1, Rosedale Avenue, Alvaston, Derby, City Of Derby DE24 0FL2
£220K12/200.42 mi3, Chapman Avenue, Alvaston, Derby, City Of Derby DE24 0GN2
£213K12/200.45 mi55, Holtlands Drive, Alvaston, Derby, City Of Derby DE24 0AS2
£125K08/210.47 mi9, Padstow Road, Alvaston, Derby, City Of Derby DE24 0LT2
£133.3K06/210.49 mi60, Coronation Avenue, Alvaston, Derby, City Of Derby DE24 0LR2
£148K02/230.5 mi47, Matthew Street, Alvaston, Derby, City Of Derby DE24 0ES2
£145K02/210.51 mi24, Matthew Street, Alvaston, Derby, Derbyshire DE24 0ER2
£166K12/220.52 mi66, Falmouth Road, Alvaston, Derby, City Of Derby DE24 0LZ2
£190K03/210.53 mi55, Boulton Lane, Derby, City Of Derby DE24 0FD2
£165K11/210.54 mi4, Frederick Avenue, Alvaston, Derby, City Of Derby DE24 0AH2
£159K06/230.57 mi2, Excelsior Avenue, Alvaston, Derby, City Of Derby DE24 0AE2
£205K12/220.58 mi22, Newbridge Crescent, Shelton Lock, Derby, City Of Derby DE24 9FR2
£158K12/200.59 mi26, Newbridge Crescent, Shelton Lock, Derby, City Of Derby DE24 9FR2
£129.5K02/210.6 mi401, Boulton Lane, Derby, City Of Derby DE24 9JX2
£220K09/210.61 mi21, Woodminton Drive, Chellaston, Derby, City Of Derby DE73 6RZ2
£155K06/230.63 mi23, Thorness Close, Alvaston, Derby, City Of Derby DE24 0UY2
£176K05/230.65 mi15, Thruxton Close, Alvaston, Derby, City Of Derby DE24 0SP2
£91K04/210.65 mi8, The Crescent, Alvaston, Derby, City Of Derby DE24 0AD2
£185K02/230.67 mi39, Mondello Drive, Alvaston, Derby, City Of Derby DE24 0SN2
£207.5K01/210.67 mi20, Lindon Drive, Alvaston, Derby, City Of Derby DE24 0LN2
£125K11/200.69 mi8, Mondello Drive, Alvaston, Derby, Derbyshire DE24 0SN2

Local Rents

50 rents from £495/mo to £1.2K/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£85012/240.19 miSandgate Close, Alvaston2
£77512/230.27 mi-2
£75012/240.27 mi-2
£1,10004/250.52 mi-2
£1,10003/250.52 mi-2
£82512/240.55 miShardlow Road, Alvaston, DERBY2
£92512/240.57 miMeadow Nook, Boulton Moor, DE242
£83004/250.57 mi-2
£65012/240.62 miHarvey Road, Alvaston, Derby2
£85012/240.69 miBaker Street, Alvaston2
£85003/250.75 mi-2
£91004/250.76 mi-2
£65012/240.78 miLondon Road, Alvaston, Derby2
£79512/240.78 miCurborough Drive, Alvaston, Derby, Derbyshire2
£69512/240.79 mi-2
£77512/240.8 miTrent Street, Alvaston, Derby, DE242
£49512/240.8 miLondon Road, Alvaston, Derby, Derbyshire, DE242
£79512/240.81 miLuccombe Drive, Alvaston2
£85002/250.81 mi-2
£1,20004/240.81 mi-2
£87503/240.87 mi-2
£82512/240.87 miChedworth Drive, Alvaston, Derby, Derbyshire2
£85003/240.87 miSimcoe Leys, Chellaston, Derby2
£82503/240.87 miSimcoe Leys, Chellaston2
£85011/240.87 mi-2
£85001/240.89 mi-2
£85012/240.95 miNesfield Close, Alvaston, Derby2
£85004/240.96 mi-2
£85012/240.96 miMorningside Close, Allenton, DE242
£79512/241 mi-2
£80003/241.02 miLockington Close, Chellaston2
£79512/241.03 miWestdene Avenue, Allenton2
£80012/241.06 miBurnaby Street, Alvaston2
£90012/241.07 mi-2
£79512/241.08 miBeatty Street, Alvaston2
£75012/241.09 mi-2
£80001/251.09 mi-2
£90011/241.11 mi-2
£77512/241.11 miAllestree Street, Alvaston2
£92512/241.11 miHickling Close, Shelton Lock, Derby2
£80012/241.14 mi-2
£85003/241.14 miGreen Avenue, Chellaston, Derby, DE73 6TE2
£75012/241.15 miBrighton Road, Alvaston, Derby2
£85012/241.16 mi-2
£85002/251.17 mi-2
£79504/241.17 miAlonso Close, Chellaston2
£72503/241.22 miPrestwick Way, Chellaston, Derby, DE732
£75012/241.22 miChambers Street, Alvaston, Derby2
£80012/241.23 miChambers Street, Derby, Derbyshire, DE242
£80001/251.23 mi-2

Local Area Statistics

Population in DE24

54,396

Population in Derby

308,324

Town centre distance

2.68 miles away

Nearest school

0.20 miles away

Nearest train station

1.92 miles away

 

 

Rental demand

Landlord's market

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Listed for £175,000

October 10, 2024

Floor Plans

Description

  • No Chain +
  • Two Bedroom, Semi-Detached Home +
  • Standard Construction +
  • EPC Rating TBC +
  • Council Tax Band A +
  • Freehold +
  • Driveway Parking +

A great opportunity for a first time buyer, investor or family to purchase this fantastic, two-bedroom, semi-detached property located in the popular area of Alvaston. Having a very well-maintained interior throughout, the property benefits from a spacious kitchen, a conservatory, two double bedrooms and a landscaped garden!

In brief, the accommodation comprises; entrance hall, spacious living room and an open plan modern fitted kitchen with a door leading through to a conservatory. Found to the first floor are two double bedrooms, the master with fitted storage and then a fantastic modern family bathroom.

Found to the front of the property is a driveway providing off road parking and side gated access to the rear garden. To the rear of the property is a very good size garden offering ample space for the growing family with lawn, patio, brick built shed and secure fenced boundaries.

Folkestone Drive is very conveniently located for excellent schools, local bus routes, local amenities and easy access to the major road links - this property is not to be missed!! Call now to book a viewing!!

Agent Details

Hannells Estate Agents, Alvaston

01332 215518

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪