2 Bed Bungalow, Single Let, Derby, DE24 0TL, £210,000

Chedworth Drive, Alvaston, DE24 0TL - 2 views - 6 months ago

BTL
~68 m²
+6 photos

ValuationOvervalued

Sold Prices£80K - £240K
Sold Prices/m²£1.5K/m² - £3.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.1K/m²

Value Estimate

£166,760

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£52,500

Stamp Duty & Legal Fees

£11,700

Total Cash In

£64,200

 

 

Cash Out

 

Rent Range

£495 - £1,200

Rent Estimate

£592

Running Costs/mo

£795

Cashflow/mo

£-203

Cashflow/yr

£-2,432

Gross Yield

3%

Local Sold Prices

50 sold prices from £80K to £240K, average is £148K. £1.5K/m² to £3.7K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£170K05/230 mi17, Chedworth Drive, Alvaston, Derby, City Of Derby DE24 0TL2
£164.5K11/200 mi6, Chedworth Drive, Alvaston, Derby, City Of Derby DE24 0TL2
£141K02/210.05 mi65, Appian Way, Alvaston, Derby, City Of Derby DE24 0TG2
£150.3K04/210.08 mi295, Keldholme Lane, Alvaston, Derby, City Of Derby DE24 0ST2
£146K03/210.1 mi5, Forum Close, Alvaston, Derby, City Of Derby DE24 0TH2
£145K11/200.1 mi12, Fairwood Drive, Alvaston, Derby, City Of Derby DE24 0SF2
£178K03/230.1 mi12, Fairwood Drive, Alvaston, Derby, City Of Derby DE24 0SF2
£160K02/230.1 mi11, Ingliston Close, Alvaston, Derby, City Of Derby DE24 0SJ2
£170K11/210.1 mi2, Ingliston Close, Alvaston, Derby, City Of Derby DE24 0SJ2
£154K11/200.1 mi8, Ingliston Close, Alvaston, Derby, City Of Derby DE24 0SJ2
£145K04/210.12 mi12, Curborough Drive, Alvaston, Derby, City Of Derby DE24 0SR2
£168K10/210.12 mi14, Curborough Drive, Alvaston, Derby, Derbyshire DE24 0SR2
£133.5K01/210.16 mi18, Hilderstone Close, Alvaston, Derby, Derbyshire DE24 0SA2
£135K12/200.16 mi20, Hilderstone Close, Alvaston, Derby, City Of Derby DE24 0SA2
£118K01/230.18 mi97, Brighton Road, Alvaston, Derby, City Of Derby DE24 8SZ2
£124K12/200.2 mi39, Goodwood Drive, Alvaston, Derby, Derbyshire DE24 0SQ2
£137K03/210.2 mi29, Goodwood Drive, Alvaston, Derby, City Of Derby DE24 0SQ2
£152K05/230.2 mi37, Goodwood Drive, Alvaston, Derby, City Of Derby DE24 0SQ2
£160K01/230.24 mi8, Mondello Drive, Alvaston, Derby, City Of Derby DE24 0SN2
£138K08/210.25 mi7, Slindon Croft, Alvaston, Derby, City Of Derby DE24 0SD2
£119K04/210.25 mi15, Wolverley Grange, Alvaston, Derby, City Of Derby DE24 0SS2
£153K07/210.25 mi10, Mondello Drive, Alvaston, Derby, City Of Derby DE24 0SN2
£125K11/200.25 mi8, Mondello Drive, Alvaston, Derby, Derbyshire DE24 0SN2
£149.9K11/220.25 mi26, Mottistone Close, Alvaston, Derby, City Of Derby DE24 0UZ2
£90.5K11/200.27 mi28, Luccombe Drive, Alvaston, Derby, Derbyshire DE24 0XD2
£129K02/210.27 mi4, Luccombe Drive, Alvaston, Derby, City Of Derby DE24 0XD2
£141K06/230.27 mi32, Mottistone Close, Alvaston, Derby, City Of Derby DE24 0UZ2
£185K02/230.27 mi39, Mondello Drive, Alvaston, Derby, City Of Derby DE24 0SN2
£176K05/230.28 mi15, Thruxton Close, Alvaston, Derby, City Of Derby DE24 0SP2
£145K12/220.29 mi6, Luccombe Drive, Alvaston, Derby, City Of Derby DE24 0XD2
£125K03/210.29 mi7, Marshgreen Close, Alvaston, Derby, City Of Derby DE24 0XF2
£116K08/210.29 mi11, Marshgreen Close, Alvaston, Derby, City Of Derby DE24 0XF2
£134K01/230.3 mi25, Arkendale Walk, Alvaston, Derby, City Of Derby DE24 0RJ2
£160K08/230.3 mi5, Colwell Drive, Alvaston, Derby, City Of Derby DE24 0UP2
£155K06/230.34 mi23, Thorness Close, Alvaston, Derby, City Of Derby DE24 0UY2
£130K11/200.34 mi19, The Paddock, Boulton Moor, Derby, Derbyshire DE24 5AP2
£145K01/230.35 mi13, Colwell Drive, Alvaston, Derby, City Of Derby DE24 0UP2
£160K12/220.36 mi49, Mountfield Way, Boulton Moor, Derby, Derbyshire DE24 5AN2
£155K01/230.37 mi55, Mountfield Way, Boulton Moor, Derby, Derbyshire DE24 5AN2
£133.3K06/210.38 mi60, Coronation Avenue, Alvaston, Derby, City Of Derby DE24 0LR2
£166K12/220.38 mi66, Falmouth Road, Alvaston, Derby, City Of Derby DE24 0LZ2
£125K08/210.4 mi9, Padstow Road, Alvaston, Derby, City Of Derby DE24 0LT2
£207.5K01/210.42 mi20, Lindon Drive, Alvaston, Derby, City Of Derby DE24 0LN2
£190K06/210.46 mi15, Yew Tree Close, Alvaston, Derby, City Of Derby DE24 0PZ2
£220K07/210.46 mi19, Yew Tree Close, Alvaston, Derby, City Of Derby DE24 0PZ2
£210K11/200.46 mi1, Yew Tree Close, Alvaston, Derby, City Of Derby DE24 0PZ2
£80K02/210.51 mi43, Nesfield Close, Alvaston, Derby, City Of Derby DE24 0QT2
£130K03/210.51 mi53, Nesfield Close, Alvaston, Derby, City Of Derby DE24 0QT2
£240K08/210.62 mi67, Holbrook Road, Alvaston, Derby, City Of Derby DE24 0DF2
£215K03/210.62 mi9, Hardhurst Road, Alvaston, Derby, Derbyshire DE24 0LF2

Local Rents

21 rents from £495/mo to £1.2K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£82512/240 miChedworth Drive, Alvaston, Derby, Derbyshire2
£79512/240.12 miCurborough Drive, Alvaston, Derby, Derbyshire2
£87503/240.15 mi-2
£85002/250.25 mi-2
£79512/240.27 miLuccombe Drive, Alvaston2
£92512/240.42 miMeadow Nook, Boulton Moor, DE242
£85012/240.57 miNesfield Close, Alvaston, Derby2
£82512/240.7 miShardlow Road, Alvaston, DERBY2
£85012/240.75 miSandgate Close, Alvaston2
£77512/230.89 mi-2
£75012/240.89 mi-2
£65012/240.97 miLondon Road, Alvaston, Derby2
£85012/241.02 miBaker Street, Alvaston2
£69512/241.02 mi-2
£85001/241.03 mi-2
£85011/241.08 mi-2
£49512/241.1 miLondon Road, Alvaston, Derby, Derbyshire, DE242
£1,20004/241.11 mi-2
£89504/251.12 mi-2
£77512/241.16 miTrent Street, Alvaston, Derby, DE242
£85003/251.16 mi-2

Local Area Statistics

Population in DE24

54,396

Population in Derby

308,324

Town centre distance

3.21 miles away

Nearest school

0.50 miles away

Nearest train station

1.60 miles away

 

 

Rental demand

Landlord's market

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Price changed to £210,000

December 17, 2024

Listed for £220,000

November 1, 2024

Floor Plans

Description

  • Two-Bedroom, Standard Construction, Detached Bungalow +
  • EPC Rating B +
  • Council Tax Band C +
  • Freehold +
  • Off Road Parking With A Garage +
  • Good-Sized Rear Garden +
  • Extended Living Accommodation +
  • Modern Fitted Bathroom & Kitchen +
  • Heat Pump Central Heating & uPVC Double Glazing +
  • Owned Solar Panels +

Tucked away at the end of a pleasant cul-de-sac in the highly popular area of Alvaston is this well-presented, two double-bedroom detached bungalow. With extended living accommodation, the property features uPVC double glazing, heat pump central heating, owned solar panels, off road parking with a garage and a good-sized rear garden!

In brief, accommodation comprises; entrance hallway; a spacious and open plan lounge diner, a modern fitted kitchen, two double bedrooms and modern fitted bathroom having a three piece suite.

To the front of the property is a blocked paved driveway having wrought iron fencing and garage. At the rear if the property is a good sized, enclosed garden laid mainly to lawn, patio area, flower beds and fenced boundaries.

Chedworth Drive lies conveniently for local amenities including shops, schools and transport links together with easy access for Derby City Centre and road links with the A50, M1 motorway and Nottingham East Midlands Airport. Viewing is highly recommended.

Agent Details

Hannells Estate Agents, Alvaston

01332 215518

Next Steps?

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