3 Bed Flat, Single Let, Derby, DE22 3SN £130,000

Abbotts Barn Close, Derby, DE22 3SN - 4 views - a year ago
Leasehold
BTL
~93 m²
Property image
Property image

ValuationUndervalued

Sold Prices£91.5K - £520K
Sold Prices/m²£1.3K/m² - £5.4K/m²

 

 

Square Metres

~93 m²
Price/m²£1.4K/m²

Value Estimate

£157,300
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£7,700

Total Cash In

£40,200

 

 

Cash Out

 

Rent Range

£267 - £1,625

Rent Estimate

£409

Running Costs/mo

£508

Cashflow/mo

£-99

Cashflow/yr

£-1,189

Gross Yield

4%

Local Sold Prices

16 sold prices from £91.5K to £520K, average is £129K. £1.3K/m² to £5.4K/m², average is £1.9K/m².

Price
Date
Distance
Address
Beds
 
£223K09/220.56 mi28, Liversage Street, Derby, City Of Derby DE1 2LH3
£122K01/250.76 miHawthorn House, Apartment 3, North Street, Derby DE1 3AZ3
£170K07/240.83 miFive Lamps House, Apartment 7, Belper Road, Derby DE1 3BP3
£123K04/230.88 mi68, Cobden Street, Derby, City Of Derby DE22 3GZ3
£133K05/251.21 miApartment 1, 48, Vivian Street, Derby DE1 3RZ3
£133K05/251.21 miApartment 1, 48, Vivian Street, Derby DE1 3RZ3
£91.5K12/241.28 miNorthview, 4, Burton Road, Derby DE23 6FS3
£91.5K12/241.28 mi4, Northview, Burton Road, Derby DE23 6FS3
£91.5K12/241.28 mi4, Northview, Burton Road, Derby DE23 6FS3
£520K09/211.35 mi6, Penny Long Lane, Derby, City Of Derby DE22 1AW3
£168K03/251.44 miApartment 6, 43 Inglenook Court Apartments, Thornhill Road, Littleover, Derby DE23 6FZ3
£168K03/251.44 miApartment 6, 43 Inglenook Court Apartments, Thornhill Road, Littleover, Derby DE23 6FZ3
£123K08/251.62 mi61, Hall Park Close, Derby DE23 6GZ3
£125K08/241.68 mi6, Atlantic Way, Derby DE24 1AB3
£125K08/241.68 mi6, Atlantic Way, Derby DE24 1AB3
£134.5K09/222.5 mi8, Chatsworth Court, Sinfin, Derby, City Of Derby DE24 9RS3

Local Rents

50 rents from £267/mo to £1.6K/mo, average is £873/mo.

Rent
Date
Distance
Address
Beds
 
£47704/240.09 miWebster Street3
£47705/240.09 miWebster Street3
£75008/250.09 miWebster Street, DERBY3
£75008/250.09 miWebster Street, DERBY3
£59508/250.1 miWebster Street, DE13
£95008/250.1 miWebster Street, Derby, Derbyshire, DE13
£45507/250.1 miWebster Street, Derby, DE13
£45511/250.1 miWebster Street, Derby, DE13
£95003/240.1 miWebster Street, City Centre 3
£1,25011/250.12 miHarcourt Street, DERBY3
£1,25011/250.13 miHarcourt Street, DE13
£99503/240.14 miForester Street3
£64611/250.14 miCrompton Street, Derby, DE13
£1,00001/250.14 mi-3
£1,10006/250.14 miWolfa Street, Derby3
£95011/250.15 mi-3
£97512/240.16 miWerburgh Street, Derby 3
£89708/250.16 miWolfa Street, Derby, DE22 3SE3
£89708/250.16 miWolfa Street, Derby, DE22 3SE3
£50511/250.16 miWolfa Street, Derby, DE223
£47611/250.16 miWolfa Street, Derby, DE223
£49811/250.16 miWolfa Street, Derby, DE223
£1,62512/240.16 miWolfa Street, 3
£1,05012/240.17 mi-3
£49811/250.17 miWolfa Street, Derby3
£99509/250.18 miPelham Street, Derby, 3
£29908/250.18 miSpring Street, Derby3
£38108/250.18 miMacklin Street, Derby3
£65008/250.19 miWerburgh Street, Derby, DE22 3QG3
£1,36512/240.19 miDrewry Lane, Derby, 3
£92503/240.19 mi-3
£90010/250.19 mi-3
£92512/240.19 miWolfa Street, Derby, DE223
£92512/240.19 miWolfa Street, Derby, DE223
£92506/250.19 miWolfa Street, Derby, DE223
£92508/250.19 miWolfa Street, Derby, DE223
£90009/250.19 miWolfa Street, Derby, DE223
£90010/250.19 miWolfa Street, Derby, DE223
£89508/250.2 miBakewell Street3
£26708/250.2 miWolfa Street, Derby, Derbyshire, DE223
£41208/250.21 miForman Street, Derby3
£43312/240.21 miWolfa Street3
£45503/240.21 miForman Street, Derby3
£47711/250.21 miForman Street, Derby3
£49503/240.21 miForman Street, Derby, 3
£54511/250.21 miForman Street, Derby, 3
£85007/250.23 miBakewell Street, Derby3
£90008/250.23 mi-3
£80003/240.25 mi-3
£80002/240.25 mi-3

Local Area Statistics

Population in DE22

45,976

Population in Derby

308,324

Town centre distance

0.42 miles away

Nearest school

0.10 miles away

Nearest train station

0.82 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-12%

Sales demand

Seller's market

Capital growth (5yrs)

+29%

Property History

Price changed to £130,000

January 31, 2025

Listed for £140,000

October 17, 2024

Floor Plans

Property image

Description

  • Recently renovated three-bedroom flat +
  • Modern kitchen with brand-new appliances +
  • Spacious living room with balcony window +
  • Contemporary three-piece bathroom with overhead shower +
  • Double master bedroom, small double and single bedroom +
  • Ideal for first-time buyers or investors +
  • Residential location +
  • Easy access to Derby city centre and amenities +

SUMMARY
Perfect for first-time buyers and investors, this newly renovated three-bedroom flat on Abbotts Barn Close offers modern living and strong rental potential in a prime Derby location!

DESCRIPTION
This beautifully renovated three-bedroom flat on Abbotts Barn Close, Derby, offers modern living in a convenient location. Entering on the ground floor, stairs lead up to the main living space. To the left is a sleek new kitchen, complete with brand-new appliances, perfect for everyday cooking and entertaining.

Continuing through, you'll find a contemporary three-piece bathroom featuring a bathtub with an overhead shower. Bedroom one is a spacious double, providing ample room for storage and relaxation. To the right of the hallway, the bright living room boasts a balcony window, flooding the space with natural light.

The property also offers two additional bedrooms, with bedroom two being a small double and bedroom three a single, ideal for a home office or guest room. The flat has been tastefully finished to a high standard, offering a fresh and inviting atmosphere throughout.

Situated in a quiet residential area, Abbotts Barn Close benefits from easy access to Derby city centre, local schools, and transport links. With nearby parks, shops, and amenities, this flat is perfect for first-time buyers, professionals, or small families looking for a comfortable, well-located home.

Kitchen 9' 7" x 8' 9" ( 2.92m x 2.67m )

Living Room/ Bedroom 4 13' 6" x 10' 3" ( 4.11m x 3.12m )

Bedroom 1 13' 6" x 9' 5" ( 4.11m x 2.87m )

Bedroom 2 10' 3" x 8' 9" ( 3.12m x 2.67m )

Bedroom 3 10' 2" x 8' 2" ( 3.10m x 2.49m )

Bathroom 9' 8" x 5' 1" ( 2.95m x 1.55m )

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Bagshaws Residential, Derby

01332 215045

Next Steps?

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