2 Bed Terraced House, Single Let, Derby, DE24 8TH, £135,000

Chambers Street, Alvaston, DE24 8TH - 3 views - 5 months ago

BTL
ROI: 2%
~68 m²
+5 photos

ValuationOvervalued

Sold Prices£92K - £153K
Sold Prices/m²£1.1K/m² - £2.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2K/m²

Value Estimate

£123,110

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£33,750

Stamp Duty & Legal Fees

£5,250

Total Cash In

£39,000

 

 

Cash Out

 

Rent Range

£495 - £1,595

Rent Estimate

£639

Running Costs/mo

£570

Cashflow/mo

£69

Cashflow/yr

£832

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £92K to £153K, average is £123.3K. £1.1K/m² to £2.5K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£110K03/210.02 mi45, Chambers Street, Derby, City Of Derby DE24 8TJ2
£145K01/230.05 mi44, Fife Street, Derby, City Of Derby DE24 8TN2
£111.5K06/210.05 mi40, Fife Street, Derby, City Of Derby DE24 8TN2
£126.5K04/210.07 mi13, Fife Street, Derby, City Of Derby DE24 8TP2
£118K04/230.09 mi91, Brighton Road, Alvaston, Derby, City Of Derby DE24 8SZ2
£113.5K02/210.11 mi62, Allestree Street, Derby, City Of Derby DE24 8TS2
£140K06/230.12 mi49, Allestree Street, Derby, City Of Derby DE24 8TT2
£122K07/230.12 mi47, Allestree Street, Derby, City Of Derby DE24 8TT2
£122.5K12/220.13 mi33, Allestree Street, Derby, City Of Derby DE24 8TT2
£145K12/220.13 mi84, Allestree Street, Derby, City Of Derby DE24 8TU2
£104K11/200.13 mi59, Commerce Street, Derby, City Of Derby DE24 8TR2
£98K02/210.14 mi93, Allestree Street, Derby, City Of Derby DE24 8TW2
£135K12/220.15 mi38, Beatty Street, Alvaston, Derby, City Of Derby DE24 8TZ2
£95K11/200.15 mi33, Beatty Street, Alvaston, Derby, City Of Derby DE24 8TZ2
£125K08/210.15 mi28, Beatty Street, Alvaston, Derby, City Of Derby DE24 8TZ2
£150K03/230.24 mi491, Baker Street, Alvaston, Derby, City Of Derby DE24 8SN2
£132.5K11/210.26 mi36, Wisgreaves Road, Derby, City Of Derby DE24 8RQ2
£107K12/200.27 mi30, Wisgreaves Road, Derby, City Of Derby DE24 8RQ2
£135K05/210.27 mi5, Ocean Court, Derby, City Of Derby DE24 1AN2
£110K12/200.29 mi16, Harrow Street, Derby, City Of Derby DE24 8WW2
£102.5K10/210.3 mi1091, London Road, Alvaston, Derby, City Of Derby DE24 8PZ2
£93K05/210.34 mi58, Panama Circle, Derby, City Of Derby DE24 1AE2
£130K05/230.37 mi53, Warren Street, Derby, City Of Derby DE24 8RU2
£114K02/210.37 mi20, Bowmer Road, Derby, Derbyshire DE24 8WT2
£130K06/210.38 mi35, Kiwi Drive, Alvaston, Derby, City Of Derby DE24 8NN2
£142.5K06/210.38 mi19, Kiwi Drive, Alvaston, Derby, City Of Derby DE24 8NN2
£140K11/200.38 mi53, Kiwi Drive, Alvaston, Derby, City Of Derby DE24 8NN2
£153K01/230.38 mi11, Burnside Street, Derby, City Of Derby DE24 8QT2
£92K02/210.38 mi47, Burnside Street, Derby, City Of Derby DE24 8QT2
£148.5K12/200.4 mi51, Pacific Way, Derby, City Of Derby DE24 1AA2
£125K07/230.42 mi11, Gloster Street, Derby, City Of Derby DE24 8WS2
£93K11/200.43 mi61, Taylor Street, Derby, City Of Derby DE24 8WP2
£107K03/210.43 mi18, Archer Street, Derby, City Of Derby DE24 8WR2
£125K09/210.43 mi33, Curzon Lane, Alvaston, Derby, Derbyshire DE24 8QS2
£120K11/210.49 mi22, Taylor Street, Derby, City Of Derby DE24 8WP2
£108K12/200.5 mi20, Clifford Street, Derby, City Of Derby DE24 8WL2
£108K04/210.52 mi34, Dickinson Street, Derby, City Of Derby DE24 8WJ2
£130K06/230.52 mi41, Dickinson Street, Derby, City Of Derby DE24 8WJ2
£124K04/230.52 mi34, Collis Close, Allenton, Derby, City Of Derby DE24 8LN2
£129K11/210.53 mi15, Lincoln Avenue, Derby, City Of Derby DE24 8QY2
£142K02/210.53 mi10, Lincoln Avenue, Derby, Derbyshire DE24 8QX2
£95K10/210.53 mi22, Benson Street, Alvaston, Derby, City Of Derby DE24 8NQ2
£93K11/200.54 mi3, Beverley Street, Derby, City Of Derby DE24 8WG2
£98K03/210.56 mi52, Hall Street, Alvaston, Derby, City Of Derby DE24 8RZ2
£150K03/230.59 mi16, Johnson Avenue, Allenton, Derby, City Of Derby DE24 8LR2
£132.5K04/230.62 mi34, Wye Street, Alvaston, Derby, City Of Derby DE24 8RA2
£146K06/230.65 mi569, Osmaston Road, Derby, City Of Derby DE24 8NE2
£130K04/230.65 mi575, Osmaston Road, Derby, City Of Derby DE24 8NE2
£105K01/210.65 mi633, Osmaston Road, Derby, City Of Derby DE24 8NE2
£95K10/200.65 mi558, Osmaston Road, Derby, City Of Derby DE24 8GQ2

Local Rents

49 rents from £495/mo to £1.6K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£80012/240.01 miChambers Street, Derby, Derbyshire, DE242
£80001/250.02 mi-2
£75012/240.02 miChambers Street, Alvaston, Derby2
£62012/240.02 mi-2
£75012/240.1 miBrighton Road, Alvaston, Derby2
£77512/240.12 miAllestree Street, Alvaston2
£80012/240.13 mi-2
£90011/240.14 mi-2
£79512/240.15 miBeatty Street, Alvaston2
£75012/240.15 mi-2
£80001/250.16 mi-2
£80012/240.21 miBurnaby Street, Alvaston2
£90012/240.24 mi-2
£85012/240.29 miMagellan Way, DERBY2
£1,59501/240.29 mi-2
£82504/240.3 mi-2
£82512/240.3 miHarrow Street, Derby, DE242
£75001/250.3 mi-2
£79512/240.32 miAtlantic Way, Pride Park2
£77512/240.32 miAtlantic Way2
£82512/240.32 miAtlantic Way, DERBY2
£75012/240.32 miAtlantic Way, Derby, DE242
£79512/240.33 miPanama Circle, City Point, Derby2
£89512/240.34 miPanama Circle, Derby2
£80012/240.37 miPacific Way, City Point, Derby2
£85002/250.38 mi-2
£1,39912/240.39 mi-2
£1,39901/250.39 mi-2
£1,35003/250.39 mi-2
£82512/240.4 miPacific Way, Derby, Derbyshire, DE24 1AA2
£79512/240.42 mi-2
£82504/240.43 mi-2
£82512/240.43 miPacific Way, Derby, DE242
£69512/240.45 miLondon Road, Wilmorton2
£90012/240.46 miWarwick Street, Derby, Derbyshire, DE242
£82503/240.46 mi-2
£80012/240.47 miCape Court, Derby2
£85012/240.48 miEllesmere Avenue, Derby, DE24 8WD2
£77512/240.52 miTrent Street, Alvaston, Derby, DE242
£75012/240.53 miBeverley Street, Derby, DE242
£75002/240.53 mi-2
£85003/250.53 mi-2
£85001/240.53 mi-2
£82512/240.54 miBeverley Street, Derby, Derbyshire2
£80012/240.54 miBeverley Street, Wilmorton2
£1,20004/240.56 mi-2
£91004/250.56 mi-2
£49512/240.58 miLondon Road, Alvaston, Derby, Derbyshire, DE242
£85011/240.62 mi-2

Local Area Statistics

Population in DE24

54,396

Population in Derby

308,324

Town centre distance

1.53 miles away

Nearest school

0.20 miles away

Nearest train station

1.25 miles away

 

 

Rental demand

Landlord's market

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Listed for £135,000

November 20, 2024

Sold for £87,000

2005

Sold for £31,000

2000

Floor Plans

Description

  • Two-Bedroom, End-Terrace Home +
  • Standard Construction +
  • EPC Rating D +
  • Freehold +
  • Council Tax Band A +
  • On Street Parking +
  • Ideal For BTL Investors/First Time Buyers +

No Upward Chain This well-presented and spacious, two-bedroom, double-fronted end-terraced property benefits from a combination boiler, two double bedrooms, on street parking, a private garden and is located close to the amenities of Alvaston. Call now to book your viewing!

In brief the accommodation comprises; entrance hall, a dual aspect living room, a separate dining room with under-stairs storage, and a modern fitted kitchen. The first floor benefits from two spacious double bedrooms and a modern family bathroom. To the rear, there is a generous sized rear garden with lawn, patio and fenced boundaries and to the front is on street parking and gated access through to the rear.

Chambers Street is Ideally located just off London Road and has fantastic access to local amenities and public transport routes making this a perfect BTL investment or first time buy.

Agent Details

Hannells Estate Agents, Alvaston

01332 215518

Next Steps?

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