2 Bed Flat, Single Let, Derby, DE23 4EF, £130,000

Dean Close, Littleover, Derby, DE23 4EF - 5 views - 5 months ago

Sold STC
Leasehold
BTL
ROI: 7%
~68 m²
+11 photos

ValuationFair Value

Sold Prices£80K - £240K
Sold Prices/m²£1.3K/m² - £3.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.9K/m²

Value Estimate

£130,122

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£5,100

Total Cash In

£37,600

 

 

Cash Out

 

Rent Range

£695 - £1,150

Rent Estimate

£788

Running Costs/mo

£584

Cashflow/mo

£204

Cashflow/yr

£2,450

ROI

7%

Gross Yield

7%

Local Sold Prices

30 sold prices from £80K to £240K, average is £122.3K. £1.3K/m² to £3.3K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£121K10/210 mi39, Dean Close, Littleover, Derby, City Of Derby DE23 4EF2
£179K05/210.22 miApartment 12, Elm House, Old Hall Avenue, Littleover, Derby, City Of Derby DE23 6EN2
£83K07/220.27 mi52, Cloudwood Close, Littleover, Derby, City Of Derby DE23 3SJ2
£122K11/210.49 mi26, College Green Walk, Mickleover, Derby, City Of Derby DE3 9DW2
£125K01/210.52 mi25, College Green Walk, Mickleover, Derby, City Of Derby DE3 9DW2
£95K03/210.53 mi21, Stanage Green, Mickleover, Derby, Derbyshire DE3 9DX2
£97K10/200.53 mi11, Stanage Green, Mickleover, Derby, City Of Derby DE3 9DX2
£135K02/230.68 mi59, Badgerdale Way, Littleover, Derby, City Of Derby DE23 3ZA2
£140K07/220.68 mi55, Badgerdale Way, Littleover, Derby, City Of Derby DE23 3ZA2
£115K05/220.68 mi3, Badgerdale Way, Littleover, Derby, City Of Derby DE23 3ZA2
£80K02/230.68 mi1, St Quentin Close, Derby, City Of Derby DE22 3JT2
£120K05/220.68 mi53, Badgerdale Way, Littleover, Derby, City Of Derby DE23 3ZA2
£128K06/210.69 mi66, Badgerdale Way, Littleover, Derby, City Of Derby DE23 3ZA2
£138.5K02/230.69 mi37, Badgerdale Way, Littleover, Derby, City Of Derby DE23 3ZA2
£117K04/210.69 mi56, Badgerdale Way, Littleover, Derby, City Of Derby DE23 3ZA2
£120K03/230.69 mi70, Badgerdale Way, Littleover, Derby, City Of Derby DE23 3ZA2
£95K03/210.74 mi8, Namur Close, Derby, City Of Derby DE22 3JS2
£93K05/220.74 mi21a, North Avenue, Mickleover, Derby, City Of Derby DE3 9HX2
£240K03/210.78 mi10, Nelson Close, Mickleover, Derby, City Of Derby DE3 9LX2
£100K11/210.81 mi16, Garden Lodge Close, Derby, City Of Derby DE23 6DD2
£95K10/210.81 mi11, St Swithins Close, Derby, City Of Derby DE22 3LG2
£110K03/230.81 mi21, St Swithins Close, Derby, City Of Derby DE22 3LG2
£162.5K04/210.82 mi10, Priory Heights Court, Derby, City Of Derby DE23 6AX2
£170K09/220.82 mi12, Priory Heights Court, Derby, City Of Derby DE23 6AX2
£162.5K07/220.82 mi7, Priory Heights Court, Derby, City Of Derby DE23 6AX2
£169K05/210.82 mi4, Priory Heights Court, Derby, City Of Derby DE23 6AX2
£150K07/210.82 mi25, Priory Heights Court, Derby, City Of Derby DE23 6AX2
£140.5K05/210.82 mi15, Priory Heights Court, Derby, City Of Derby DE23 6AX2
£170.5K09/220.82 mi19, Priory Heights Court, Derby, City Of Derby DE23 6AX2
£122.5K08/210.85 mi23, St Clares Close, Derby, Derbyshire DE22 3JG2

Local Rents

30 rents from £695/mo to £1.1K/mo, average is £895/mo.

RentDateDistanceAddressBeds 
£83503/240.18 mi7 Pineview Gardens, Littleover, Derby2
£1,14901/250.23 mi-2
£1,05001/250.23 mi-2
£1,15003/240.23 miElm House, Old Hall Avenue, Littleover, Derby2
£87503/240.34 miPartridge Way, Mickleover, Derby2
£92503/250.36 mi-2
£89504/240.46 miBurton Road, Derby,2
£89504/240.46 miBurton Road, Derby,2
£89503/240.49 miSwanmore Road, Littleover, Derby2
£82504/240.49 miScholars Gate, Bishop Londsdale Way2
£90004/240.49 miBishop Lonsdale Way, Mickleover, Derby, DE32
£89512/240.51 miUttoxeter New Road, DERBY2
£89512/240.51 miManor Park Court, Derby2
£89512/240.51 miUttoxeter New Road, DERBY2
£89512/240.51 miUttoxeter New Road, DERBY2
£85004/240.52 miMickleover, Derby, DE32
£89512/240.52 mi-2
£69502/240.53 mi-2
£75003/250.53 mi-2
£89512/240.54 miUttoxeter New Road, DERBY2
£97503/240.55 miHomerton Vale, Mickleover2
£75002/240.56 mi-2
£82504/240.56 miMagdalene Drive, Mickleover, DERBY2
£89503/240.56 miThe Brambles, Heath Avenue, Littleover, Derby2
£69502/240.56 mi-2
£80012/240.57 miThe Brambles, Derby, DE23 6DJ2
£99512/240.6 miPrince George Drive, Derby2
£80003/240.61 miWade Avenue, Littleover2
£1,10012/240.61 mi-2
£82503/240.62 miWade Street, Littleover, Derby2

Local Area Statistics

Population in DE23

59,979

Population in Derby

308,324

Town centre distance

1.98 miles away

Nearest school

0.10 miles away

Nearest train station

2.03 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £130,000

November 5, 2024

Sold for £115,000

2019

Sold for £100,000

2018

Floor Plans

Description

  • Ground floor flat +
  • Two double bedrooms +
  • Large lounge/diner +
  • Detached garage +
  • Walking distance to the Royal Derby Hospital +
  • Communal green open space +
  • Viewing essential +

SUMMARY
A fantastic opportunity for a first time buyer or investor to acquire this two double bedroom ground floor flat situated close to the Royal Derby Hospital.

DESCRIPTION
Ashley Adams are delighted to bring to market this two double bedroom ground floor flat situated in a popular location in Littleover. The accommodation in brief comprises; entrance hall, lounge/diner, kitchen, two double bedrooms and shower room. The property benefits from parking via a single garage and has communal green space for residents to use. The royal Derby Hospital is a short walk away from the property making this a fantastic first time buy or investor for anyone needing access to the hospital. Viewing essential to appreciate the size and location on offer.

Entrance Hall 
Access via door to front and has doors off to kitchen and lounge.

Lounge/Diner 10' 10" x 16' 11" into bay ( 3.30m x 5.16m into bay )
Has radiator, door to inner hall and UPVC double glazed bay window to front.

Kitchen 7' x 8' 4" ( 2.13m x 2.54m )
Fitted with a range of wall and base units with work surfaces over, integrated electric oven with induction hob and extractor over, inset sink, space for fridge freezer and UPVC double glazed window to side.

Inner Hall 
Has large storage cupboard and doors off to all bedrooms and bathroom.

Bedroom One  11' 1" x 8' 9" ( 3.38m x 2.67m )
Has radiator and UPVC double glazed window to rear.

Bedroom Two  10' 11" x 7' 8" ( 3.33m x 2.34m )
Has cupboard housing the boiler, radiator and UPVC double glazed window to rear.

Shower Room 
Has low level wc, wash hand basin, shower, radiator and UPVC obscure window to side.

Outside 
The property has communal green space and benefits from parking via a single garage access at the rear of the property. The property also has two entrance doors.

Lease details are currently being compiled. For 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. These particulars do not constitute part or all of an offer or contract.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Potential buyers are advised to recheck the measurements before committing to any expense.
5. Burchell Edwards has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6. Burchell Edwards has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Ashley Adams, Derby

01332 215448

Next Steps?

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