3 Bed Semi-Detached House, Single Let, Derby, DE24 8TZ, £165,000

Beatty Street, DERBY, Derbyshire, DE24 8TZ - 3 views - 5 months ago

BTL
ROI: 2%
~93 m²
+13 photos

ValuationOvervalued

Sold Prices£80K - £290K
Sold Prices/m²£893/m² - £3.3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.8K/m²

Value Estimate

£156,516

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£41,250

Stamp Duty & Legal Fees

£6,600

Total Cash In

£47,850

 

 

Cash Out

 

Rent Range

£850 - £3,000

Rent Estimate

£819

Running Costs/mo

£699

Cashflow/mo

£120

Cashflow/yr

£1,435

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £80K to £290K, average is £162.5K. £893/m² to £3.3K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£120K03/210.09 mi470, Baker Street, Alvaston, Derby, City Of Derby DE24 8SL3
£160K01/230.09 mi463, Baker Street, Alvaston, Derby, City Of Derby DE24 8SN3
£128K12/200.09 mi423, Baker Street, Alvaston, Derby, City Of Derby DE24 8SN3
£165K11/210.12 mi128, Allestree Close, Derby, City Of Derby DE24 8SX3
£190K03/230.13 mi21, Keynsham Close, Alvaston, Derby, City Of Derby DE24 8UN3
£121K05/230.14 mi47, Commerce Street, Derby, City Of Derby DE24 8TR3
£117K04/230.14 mi72, Haig Street, Derby, City Of Derby DE24 8RH3
£153.5K11/200.15 mi41, Avonmouth Drive, Alvaston, Derby, City Of Derby DE24 8UL3
£290K01/230.16 mi44, Mandarin Way, Alvaston, Derby, City Of Derby DE24 8YE3
£122K11/200.2 mi387, Baker Street, Alvaston, Derby, City Of Derby DE24 8SJ3
£210K11/210.21 mi2, Tayberry Close, Alvaston, Derby, City Of Derby DE24 8YS3
£80K09/210.21 mi921, London Road, Alvaston, Derby, Derbyshire DE24 8PW3
£213K07/210.23 mi54, Kiwi Drive, Alvaston, Derby, City Of Derby DE24 8NN3
£174K11/200.23 mi1046, London Road, Alvaston, Derby, City Of Derby DE24 8QA3
£82.5K12/200.27 mi13, Warren Street, Derby, City Of Derby DE24 8RU3
£165K01/230.27 mi67, Warren Street, Derby, City Of Derby DE24 8RU3
£130K12/200.36 mi333, Brighton Road, Alvaston, Derby, City Of Derby DE24 8TG3
£170K07/230.36 mi319, Brighton Road, Alvaston, Derby, City Of Derby DE24 8TG3
£120K02/230.36 mi276, Baker Street, Alvaston, Derby, City Of Derby DE24 8SF3
£120K05/210.37 mi223, Baker Street, Alvaston, Derby, City Of Derby DE24 8SG3
£129.9K05/210.37 mi255, Baker Street, Alvaston, Derby, City Of Derby DE24 8SG3
£185K02/230.38 mi256, Baker Street, Alvaston, Derby, City Of Derby DE24 8SF3
£147.5K06/230.39 mi8, Radford Street, Alvaston, Derby, City Of Derby DE24 8NS3
£225K04/230.4 mi10, Ionian Drive, Derby, City Of Derby DE24 1AF3
£168K04/230.4 mi1, Collis Close, Allenton, Derby, City Of Derby DE24 8LN3
£125K10/210.41 mi61, Hollis Street, Derby, City Of Derby DE24 8QW3
£126K11/200.41 mi51, Brigden Avenue, Allenton, Derby, City Of Derby DE24 8LJ3
£205K07/230.45 mi23, Lincoln Avenue, Derby, City Of Derby DE24 8QY3
£180K06/230.45 mi43, Lincoln Avenue, Derby, City Of Derby DE24 8QY3
£167K03/210.45 mi27, Lincoln Avenue, Derby, City Of Derby DE24 8QY3
£160K07/230.46 mi46, Bemrose Road, Allenton, Derby, City Of Derby DE24 8LQ3
£137K08/210.47 mi26, Coleman Street, Derby, City Of Derby DE24 8NH3
£165K12/220.49 mi10, Eton Street, Derby, City Of Derby DE24 8WU3
£156K08/210.49 mi715, London Road, Alvaston, Derby, City Of Derby DE24 8US3
£172K04/230.49 mi29, Panama Circle, Derby, City Of Derby DE24 1AE3
£187K05/230.5 mi1, Neilson Street, Alvaston, Derby, City Of Derby DE24 0ET3
£130K02/210.51 mi41, Wilkins Drive, Allenton, Derby, City Of Derby DE24 8LU3
£127K05/210.51 mi46, Wilkins Drive, Allenton, Derby, City Of Derby DE24 8LU3
£170K06/230.52 mi679, Harvey Road, Derby, City Of Derby DE24 0EH3
£130K07/210.52 mi711, Harvey Road, Derby, City Of Derby DE24 0EH3
£165K04/230.54 mi143, Baker Street, Alvaston, Derby, City Of Derby DE24 8SE3
£187.5K07/210.55 mi87, Pacific Way, Derby, City Of Derby DE24 1AA3
£177K03/210.55 mi43, Pacific Way, Derby, City Of Derby DE24 1AA3
£222K03/230.55 mi61, Pacific Way, Derby, City Of Derby DE24 1AA3
£125K05/210.56 mi724, Harvey Road, Derby, City Of Derby DE24 0EG3
£166.5K02/230.57 mi1, Wilkins Drive, Allenton, Derby, City Of Derby DE24 8LT3
£125K11/200.59 mi30, Hutton Street, Allenton, Derby, City Of Derby DE24 8LA3
£180K03/210.6 mi104, Eden Street, Alvaston, Derby, City Of Derby DE24 8RB3
£153K05/210.61 mi40, Excelsior Avenue, Alvaston, Derby, City Of Derby DE24 0AE3
£205K07/230.62 mi24, Holloway Road, Alvaston, Derby, City Of Derby DE24 0FN3

Local Rents

16 rents from £850/mo to £3K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£1,00001/240.06 mi-3
£1,00001/240.06 mi-3
£1,10012/240.09 miWynton Avenue, Alvaston, DERBY3
£1,10003/250.12 mi-3
£2,20004/240.13 mi-3
£2,50003/250.13 mi-3
£85012/240.14 miChambers Street, Derby3
£1,05003/250.14 mi-3
£1,15002/250.14 mi-3
£92512/240.19 miHaig Street, Derby, Derbyshire, DE24 8RH3
£3,00001/250.21 mi-3
£99512/240.26 miWarren Street, Alvaston3
£85004/250.28 mi-3
£95012/240.44 miMagellan Way, Derby3
£92502/240.48 mi-3
£1,15003/250.59 mi-3

Local Area Statistics

Population in DE24

54,396

Population in Derby

308,324

Town centre distance

1.65 miles away

Nearest school

0.20 miles away

Nearest train station

1.27 miles away

 

 

Rental demand

Landlord's market

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Price changed to £165,000

April 1, 2025

Price changed to £170,000

February 28, 2025

Price changed to £175,000

December 26, 2024

Listed for £180,000

October 22, 2024

Sold for £121,000

2022

Sold for £75,500

2004

Floor Plans

Description

  • Vacant Possession +
  • No upward Chain +
  • Semi detached house +
  • Three lettable bedrooms +
  • Refitted bathroom +
  • Living room and kitchen +
  • Gas central heating +
  • Double glazing +
  • Rear garden with private access +
  • Viewing is essential +

POTENTIAL GROSS RENTAL INCOME OF £18,000 PA AND BEING SOLD FULLY FURNISHED
Ideal investment opportunity. A well-presented and maintained semi detached property with three lettable double bedrooms which has a proven track record of occupancy, and is being sold with vacant possession and no upward chain. This semi detached house is in excellent decorative condition throughout and has been refurbished by the current vendor and offers a refitted bathroom, living room which is open plan to the kitchen, garden with private access and useful cellar and outside WC. The property is conveniently located for the city centre, Rolls Royce, Derby train station, en route to East Midlands Airport and it benefits from gas central heating, double glazing and is being sold fully furnished and fully equipped to start living from day one.
The property is being sold fully furnished providing a ideal first time buy or family home ready to move straight into and to enjoy. Alternatively an oven ready buy to let opportunity. Fully furnished to include the beds, furniture, TVs even the ironing board and kettle.
The scheme of refurbishment completed by the current vendor which provides any investors with a maintenance free property
includes wall waterproofing, new three piece suite & flooring in bathroom, upgraded kitchen, new gutters to the front of the property, partial replastering, two chimneys professionally cupped, levelled garden, newer shed & refinished concrete patio & block paving. All wooden surfaces have been wood-treated this year, incl. front door, side gate, outside WC door & shed. New weather proofing seal around front door, caulk & paint of most exterior surfaces where needed.
To the ground floor there is an entrance hall, living room with decorative fireplace, kitchen, bedroom one and access to the cellar. To the first floor there is two bedrooms and a bathroom with a three piece suite in white. To the rear there is an enclosed garden with a patio, lawn and useful outhouse WC. Viewing is essential.

Agent Details

Frank Innes, Derby

01332 215488

Next Steps?

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