2 Bed Flat, Single Let, Derby, DE1 2GD, £131,950

Osmaston Road, Derby, Derbyshire, DE1 2GD - 5 months ago

Leasehold
BTL
ROI: 6%
~68 m²
+2 photos

ValuationOvervalued

Sold Prices£38K - £155K
Sold Prices/m²£679/m² - £3.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.9K/m²

Value Estimate

£120,342

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,988

Stamp Duty & Legal Fees

£7,937

Total Cash In

£40,924

 

 

Cash Out

 

Rent Range

£725 - £1,250

Rent Estimate

£803

Running Costs/mo

£593

Cashflow/mo

£210

Cashflow/yr

£2,521

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £38K to £155K, average is £110K. £679/m² to £3.1K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£92K11/210.09 mi19, Bloomfield Close, Derby, City Of Derby DE1 2FY2
£150K10/200.39 mi18, Castleward Boulevard, Derby, City Of Derby DE1 2LQ2
£155K03/230.42 miFlat 9, Nightingale Mews, Calvert Street, Derby, City Of Derby DE1 2RT2
£130K08/210.45 mi4, Salisbury Street, Derby, City Of Derby DE23 6SL2
£90K07/220.58 miFlat 14, Swinscoe House, Rosengrave Street, Derby, City Of Derby DE1 1PS2
£78.5K08/210.62 mi94, Gerard Street, Derby, City Of Derby DE1 1PH2
£87.5K11/200.62 mi114, Gerard Street, Derby, City Of Derby DE1 1PH2
£90K01/230.62 mi124, Northumberland Street, Derby, City Of Derby DE23 6UA2
£124K03/210.71 mi53, Farm Street, Derby, City Of Derby DE22 3UJ2
£125K12/200.77 mi98b, St Chads Road, Derby, City Of Derby DE23 6RP2
£140K03/230.88 miFirst Floor Flat, 3, Friary Street, Derby, City Of Derby DE1 1JF2
£136K06/210.92 mi103, Parliament Street, Derby, City Of Derby DE22 3RL2
£48K09/210.96 miFlat 27, Great Northern Point, Great Northern Road, Derby, City Of Derby DE1 1LZ2
£85K06/210.96 miFlat 5, Great Northern Point, Great Northern Road, Derby, City Of Derby DE1 1LZ2
£97K07/210.98 mi54, Coral Close, Derby, City Of Derby DE24 1AP2
£120K08/220.98 mi64, Coral Close, Derby, City Of Derby DE24 1AP2
£117K01/230.98 mi32, Coral Close, Derby, City Of Derby DE24 1AP2
£103K01/210.98 mi16, Coral Close, Derby, City Of Derby DE24 1AP2
£38K04/231.02 miFlat 31, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW2
£42.5K09/221.02 miFlat 5, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW2
£111K07/221.02 miFlat 41, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW2
£110K05/221.02 miFlat 18, Derwent House, Huntingdon Green, Derby, City Of Derby DE21 6AB2
£108K11/201.04 mi28, Pacific Way, Derby, City Of Derby DE24 1AA2
£107.5K11/201.04 mi22, Pacific Way, Derby, City Of Derby DE24 1AA2
£112K06/221.05 mi17, Atlantic Way, Derby, City Of Derby DE24 1AB2
£110K02/231.06 mi22, Atlantic Way, Derby, City Of Derby DE24 1AB2
£106K04/211.06 mi6, Atlantic Way, Derby, City Of Derby DE24 1AB2
£122.5K05/231.06 mi6, Atlantic Way, Derby, City Of Derby DE24 1AB2
£111K12/211.06 mi25, Atlantic Way, Derby, City Of Derby DE24 1AB2
£117.5K02/231.06 mi33, Atlantic Way, Derby, City Of Derby DE24 1AB2
£90K09/211.06 mi40, Magellan Way, Derby, City Of Derby DE24 1AD2
£114K08/221.06 mi42, Magellan Way, Derby, City Of Derby DE24 1AD2
£112K10/221.07 mi35, Atlantic Way, Derby, City Of Derby DE24 1AB2
£83K05/211.07 mi22, Ashwood Close, Derby, City Of Derby DE24 8XW2
£127.5K11/201.08 mi22, City Walk, Derby, City Of Derby DE1 3QD2
£116K05/211.08 mi27, City Walk, Derby, City Of Derby DE1 3QD2
£110K10/221.1 mi49, Panama Circle, Derby, City Of Derby DE24 1AE2
£118.5K10/221.1 mi58, Panama Circle, Derby, City Of Derby DE24 1AE2
£105K06/211.1 mi69, Panama Circle, Derby, City Of Derby DE24 1AE2
£108K06/211.1 mi54, Panama Circle, Derby, City Of Derby DE24 1AE2
£100K05/211.1 mi66, Panama Circle, Derby, City Of Derby DE24 1AE2
£89.7K03/211.1 mi64, Panama Circle, Derby, City Of Derby DE24 1AE2
£113.5K03/231.1 mi47, Panama Circle, Derby, City Of Derby DE24 1AE2
£100K05/211.1 mi66, Panama Circle, Derby, City Of Derby DE24 1AE2
£130K11/221.1 mi68, Panama Circle, Derby, City Of Derby DE24 1AE2
£97K03/221.1 mi10, Ocean Court, Derby, City Of Derby DE24 1AN2
£117K01/231.1 mi78, Panama Circle, Derby, City Of Derby DE24 1AE2
£110K11/221.13 mi80, Panama Circle, Derby, City Of Derby DE24 1AE2
£114K01/231.15 miApartment 1, Waterside House, Duke Street, Derby, City Of Derby DE1 3BA2
£127.5K07/211.16 miApartment 2, Westpoint, Brook Street, Derby, City Of Derby DE1 3TE2

Local Rents

50 rents from £725/mo to £1.3K/mo, average is £963/mo.

RentDateDistanceAddressBeds 
£85512/240.03 mi-2
£78501/250.03 mi-2
£75003/240.08 miMorleston Street, Derby, DE232
£82503/240.08 miThe Bank, Sidney Street, Derby2
£80003/240.1 miSidney Street, Derby2
£80003/240.1 miThe Bank, Sidney Street, Derby2
£1,25005/240.1 miLondon Road, DERBY2
£1,25005/240.1 miLondon Road, DERBY2
£87505/240.12 miFox House, Erasmus Drive, Derby2
£80004/240.12 mi13 Parkgate, 33-38 Reginald Street, Derby2
£94002/240.13 mi-2
£95005/240.13 miErasmus Drive, Nightingale Quarter, Derby2
£90001/240.13 mi-2
£99504/240.13 miStrutt House, 1 Erasmus Drive, Derby, Derbyshire, DE12
£1,07503/240.13 miStrutt House, 1 Erasmus Drive, Derby, Derbyshire, DE12
£90003/240.13 miStrutt House, 1 Erasmus Drive, Derby, Derbyshire, DE12
£97504/240.13 miStrutt House, 1 Erasmus Drive, Derby, Derbyshire, DE12
£95004/240.13 miStrutt House, 1 Erasmus Drive, Derby, Derbyshire, DE12
£95005/240.13 miStrutt House, 1 Erasmus Drive, Derby, Derbyshire, DE12
£95005/240.13 miStrutt House, 1 Erasmus Drive, Derby, Derbyshire, DE12
£99505/240.13 miStrutt House, 1 Erasmus Drive, Derby, Derbyshire, DE12
£95003/240.13 miStrutt House, 1 Erasmus Drive, Derby, Derbyshire, DE12
£90002/240.14 mi-2
£72503/240.14 miCentre Court, Barlow Street, Derby2
£80003/240.14 miThe Bank, Sidney Street, Derby2
£95003/240.14 miFox House, Nightingale Quarter, Derby2
£1,10003/240.14 miErasmus Drive, DERBY2
£1,10003/240.14 miFox House, Erasmus Drive2
£1,05003/240.14 miErasmus Drive, DERBY2
£1,05003/240.14 miErasmus Drive, DERBY2
£1,05003/240.14 miErasmus Drive, DERBY2
£1,05003/240.14 miErasmus Drive, DERBY2
£1,05003/240.14 miErasmus Drive, DERBY2
£1,10003/240.14 miErasmus Drive, DERBY2
£97503/240.14 miFox House, Erasmus Drive, DE1 2EH2
£89503/240.14 miFox House, Nightingale Quarter2
£1,00003/240.14 miErasmus Drive, DERBY2
£1,10003/240.14 miErasmus Drive, DERBY2
£1,10003/240.14 miErasmus Drive, DERBY2
£1,10003/240.14 miErasmus Drive, DERBY2
£1,10004/240.14 miErasmus Drive, DERBY2
£89504/240.14 miFox House, Erasmus Drive2
£1,10004/240.14 miErasmus Drive, DERBY2
£95004/240.14 miErasmus Drive, DERBY2
£1,00004/240.14 miErasmus Drive, DERBY2
£92504/240.14 miFox House, Erasmus Drive2
£95004/240.14 miErasmus Drive, DERBY2
£1,00005/240.14 miErasmus Drive, DERBY2
£1,00005/240.14 miErasmus Drive, DERBY2
£1,00003/240.15 miErasmus Drive, DERBY2

Local Area Statistics

Population in DE1

14,046

Population in Derby

308,324

Town centre distance

0.26 miles away

Nearest school

0.10 miles away

Nearest train station

0.33 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+28%

Property History

Price changed to £131,950

January 31, 2025

Price changed to £136,950

December 26, 2024

Listed for £140,950

November 4, 2024

Description

  • Unlock 14% Returns with The Villas in Derby - Invest in Luxury Apartments Starting at £140,950! Secure your unit with a 20% deposit and start earning rental returns by Q4 2024! +
  • Derby's Landmark Investment - High-Yield Apartments from £140,950 with 14% Short-Term Let Returns! Be part of Derby's £3.5B regeneration with premium units completing Q4 2024. +
  • Invest in Derby's Future - The Villas Offers Luxury Living with Strong Rental Returns! Starting at £140,950, secure your spot in this DE1 postcode development. +
  • Prime Buy-to-Let Opportunity - Earn Up to 14% with The Villas, Derby's Latest Landmark Development! Reserve today with a 20% exchange; completion set for Q4 2024. +
  • High-Quality, High-Yield Apartments in Derby's Regeneration Zone - The Villas, Completing Q4 2024! Invest from £140,950 with a secure deposit and enjoy Derby's transformation. +

Invest in The Villas - Derby's Landmark Residential Development

Completion set for Q4 2024, The Villas offers an exceptional buy-to-let investment opportunity with projected returns of up to 14% through short-term lets. Located in Derby's DE1 postcode, The Villas brings together the best of traditional and contemporary design. Studio, one, and two-bedroom apartments are available, starting from just £140,950 with a 20% exchange of contracts.

Why Invest in The Villas?

Prime Location & Regeneration Zone:

Located in the heart of Derby, The Villas sits within an area currently undergoing a £3.5 billion regeneration project. This significant investment in local infrastructure and amenities is projected to raise property values and attract a diverse range of residents, enhancing the area's rental appeal and long-term value.

High-Quality Design & Craftsmanship:

The Villas merges modern design with classic architectural grandeur, making it one of Derby's most unique residential projects. From beautifully crafted stonework to premium-quality kitchens and bathrooms, every detail is designed to enhance the living experience. The development promises to become a landmark in Derby city centre, known for its high standards in both materials and workmanship.

Investment Highlights:

Short-Term Let Approval: Capitalise on short-term rental demand with returns up to 14%, ideal for generating consistent income.

Immediate Rental Potential: With completion in Q4 2024, investors can begin generating returns almost immediately.

Minimal Initial Investment: Secure your unit with just a 20% deposit and start planning for a profitable future.

The Villas is more than an investment; it's a chance to be part of Derby's future growth.

With luxury living, excellent location, and unmatched rental yields, this development is a perfect choice for investors seeking high returns and significant capital appreciation.

Ready to Invest?

Fill out the form to request more information on this exceptional opportunity, and one of our advisors will reach out to discuss how The Villas can fit into your investment portfolio.

Enquire now and secure your place in one of Derby's most anticipated developments!

Agent Details

Elite Realty Invest, Liverpool

0151 453 2241

Next Steps?

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