2 Bed Terraced House, Single Let, Derby, DE21 2SQ, £175,000

Smalley Drive, Oakwood, DE21 2SQ - 5 months ago

BTL
ROI: 1%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£129K - £234K
Sold Prices/m²£1.4K/m² - £4.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.6K/m²

Value Estimate

£217,955
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£43,750

Stamp Duty & Legal Fees

£10,950

Total Cash In

£54,700

 

 

Cash Out

 

Rent Range

£750 - £925

Rent Estimate

£793

Running Costs/mo

£725

Cashflow/mo

£68

Cashflow/yr

£810

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £129K to £234K, average is £172.3K. £1.4K/m² to £4.3K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£180K06/230.04 mi79, Smalley Drive, Oakwood, Derby, City Of Derby DE21 2SQ2
£190K11/220.05 mi24, Hucklow Court, Oakwood, Derby, City Of Derby DE21 2TG2
£175K03/230.05 mi18, Leawood Gardens, Oakwood, Derby, City Of Derby DE21 2TF2
£172.5K06/210.05 mi14, Leawood Gardens, Oakwood, Derby, City Of Derby DE21 2TF2
£180K03/230.05 mi15, Leawood Gardens, Oakwood, Derby, City Of Derby DE21 2TF2
£190K06/230.06 mi26, Hucklow Court, Oakwood, Derby, City Of Derby DE21 2TG2
£180K03/230.06 mi15, Hucklow Court, Oakwood, Derby, City Of Derby DE21 2TG2
£159.9K07/210.13 mi3, Yewdale Grove, Oakwood, Derby, City Of Derby DE21 2PD2
£180K08/230.14 mi5, Hallgate Close, Oakwood, Derby, City Of Derby DE21 2QY2
£175K03/210.17 mi71, Smalley Drive, Oakwood, Derby, City Of Derby DE21 2SF2
£190K07/230.17 mi67, Smalley Drive, Oakwood, Derby, City Of Derby DE21 2SF2
£175K11/210.2 mi31, Northacre Road, Oakwood, Derby, City Of Derby DE21 2TN2
£183K12/220.2 mi22, Northacre Road, Oakwood, Derby, City Of Derby DE21 2TN2
£183K05/230.2 mi28, Northacre Road, Oakwood, Derby, City Of Derby DE21 2TN2
£177K04/230.2 mi15, Goodrington Road, Oakwood, Derby, City Of Derby DE21 2RR2
£155K04/230.23 mi12, Lydstep Close, Oakwood, Derby, City Of Derby DE21 2RY2
£172K11/210.24 mi2, Ivybridge Close, Oakwood, Derby, City Of Derby DE21 2RS2
£170K03/230.24 mi16, Ivybridge Close, Oakwood, Derby, City Of Derby DE21 2RS2
£154K12/200.29 mi9, Porthcawl Place, Oakwood, Derby, City Of Derby DE21 2RU2
£184.9K09/210.31 mi5, Armscote Close, Oakwood, Derby, City Of Derby DE21 2QF2
£205K12/210.31 mi2, Armscote Close, Oakwood, Derby, City Of Derby DE21 2QF2
£155.9K11/210.35 mi3, Hedgerow Gardens, Oakwood, Derby, City Of Derby DE21 2XE2
£192K01/230.36 mi37, Dukeries Lane, Oakwood, Derby, City Of Derby DE21 2HA2
£166K05/210.36 mi31, Dukeries Lane, Oakwood, Derby, City Of Derby DE21 2HA2
£163K10/210.4 mi5, Consort Gardens, Oakwood, Derby, Derbyshire DE21 2XZ2
£140K07/210.4 mi1, Consort Gardens, Oakwood, Derby, Derbyshire DE21 2XZ2
£168K05/230.49 mi47, Silverburn Drive, Oakwood, Derby, City Of Derby DE21 2JH2
£190K01/230.51 mi66, Silverburn Drive, Oakwood, Derby, City Of Derby DE21 2JH2
£166K06/230.52 mi32, Samantha Court, Oakwood, Derby, City Of Derby DE21 2JQ2
£165.9K07/210.54 mi4, Solway Close, Oakwood, Derby, City Of Derby DE21 2UD2
£171.3K12/210.54 mi22, Grassthorpe Close, Oakwood, Derby, City Of Derby DE21 4RW2
£172K07/230.55 mi16, Ashcombe Gardens, Oakwood, Derby, City Of Derby DE21 2LD2
£177K04/210.56 mi11, Caldermill Drive, Oakwood, Derby, City Of Derby DE21 2UB2
£140K10/200.56 mi38, Caldermill Drive, Oakwood, Derby, Derbyshire DE21 2UB2
£181K07/230.56 mi28, Caldermill Drive, Oakwood, Derby, City Of Derby DE21 2UB2
£168K03/230.57 mi69, Appledore Drive, Oakwood, Derby, City Of Derby DE21 2LN2
£187.5K04/230.57 mi5, Russet Close, Oakwood, Derby, City Of Derby DE21 2LA2
£148K11/210.57 mi21, Prestbury Close, Oakwood, Derby, Derbyshire DE21 2LT2
£129K12/200.57 mi18, Prestbury Close, Oakwood, Derby, City Of Derby DE21 2LT2
£141.5K10/210.57 mi442, Bishops Drive, Oakwood, Derby, City Of Derby DE21 2DF2
£150K02/210.57 mi352, Bishops Drive, Oakwood, Derby, City Of Derby DE21 2DF2
£208K04/230.58 mi5, Pinecroft Court, Oakwood, Derby, City Of Derby DE21 2LL2
£175K01/230.58 mi6, Roseberry Court, Oakwood, Derby, City Of Derby DE21 2LW2
£149.9K01/230.6 mi200, Danebridge Crescent, Oakwood, Derby, City Of Derby DE21 2HF2
£160K08/210.6 mi4, Tuxford Close, Oakwood, Derby, Derbyshire DE21 2HH2
£175K03/230.6 mi8, Tuxford Close, Oakwood, Derby, City Of Derby DE21 2HH2
£131K07/210.62 mi7, Swinderby Drive, Oakwood, Derby, City Of Derby DE21 4RN2
£158K08/210.63 mi16, Edwinstowe Road, Oakwood, Derby, City Of Derby DE21 2HL2
£153K11/210.64 mi135, Bishops Drive, Oakwood, Derby, City Of Derby DE21 2DW2
£234K05/230.65 mi14a, Bryony Close, Oakwood, Derby, City Of Derby DE21 2DP2

Local Rents

15 rents from £750/mo to £925/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£89512/240.06 mi-2
£80012/240.17 miSmalley Drive, Oakwood2
£82502/250.21 mi-2
£85012/240.22 miNorthacre Road, Oakwood, Derby2
£85012/240.24 miIvybridge Close, Oakwood, Derby, Derbyshire2
£78512/240.24 miIvybridge Close, Oakwood, Derby, Derbyshire, DE21 2RS2
£85012/240.34 mi-2
£92512/240.46 miSilverburn Drive, Derby2
£92504/250.54 mi-2
£82512/240.57 miBishops Drive, Oakwood, Derby, Derbyshire2
£75012/240.57 miBishops Drive, Oakwood, Derby2
£85003/250.59 mi-2
£82512/240.61 miBassingham Close, Oakwood, Derby, Derbyshire, DE21 4RP2
£79512/240.62 miBassingham Close, Oakwood2
£80012/240.62 miBassingham Close, Derby, DE21 4RP2

Local Area Statistics

Population in DE21

57,023

Population in Derby

308,324

Town centre distance

3.13 miles away

Nearest school

0.40 miles away

Nearest train station

2.62 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

0%

Sales demand

Seller's market

Capital growth (5yrs)

+37%

Property History

Price changed to £175,000

December 26, 2024

Listed for £180,000

October 31, 2024

Floor Plans

Description

  • Two-Bedroom, End-Townhouse +
  • Set Back From Smalley Drive +
  • Two Parking Spaces, No Upward Chain +
  • EPC Rating C, Standard Construction +
  • Council Tax Band B, Freehold +
  • Lounge And Dining Kitchen +
  • Modern Shower Room +
  • Enclosed Rear Garden +
  • Gas Central Heating & Double Glazing +
  • Ideal First Time Buy +

A modern, two-bedroom end-townhouse set back from Smalley Drive and available with no upward chain. Being ideal for a first time buyer, the property benefits from off-road parking for two vehicles and an enclosed rear garden!

The accommodation is supplemented by gas fired central heating, double glazing and briefly comprises:- entrance lobby, lounge and dining kitchen.

To the first floor the landing provides access to two bedrooms and modern shower room.

Outside, as previously mentioned, the property is set back from Smalley Drive and provides off-road parking for two vehicles and an enclosed rear garden.

Smalley Drive is well situated for Oakwood and its range of shops, schools and transport links together with access to Derby City Centre and road links including the A38, A52, M1 motorway, A50 and Nottingham East Midlands Airport.

Agent Details

Hannells Estate Agents, Chaddesden

01332 215192

Next Steps?

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