3 Bed Detached House, Planning Permission, Derby, DE24 9FD, £300,000

63 Jubilee Road, Derby, City Of Derby, DE24 9FD - 5 views - 4 months ago

Sold STC
Planning
87 m²
+15 photos

ValuationOvervalued

Sold Prices£113K - £322K
Sold Prices/m²£1.2K/m² - £5K/m²

 

 

Square Metres

87 m²
Price/m²£3.4K/m²

Value Estimate

£218,117

 

 

End Value (After Refurb)

£268,625

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£14,700

Refurb Costs

£35,209

Bridging Loan Interest

£7,875

Total Cash In

£134,534

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£268,625

Mortgage (After Refinance)

£201,469

Mortgage LTV

75%

Cash Left In

£134,534

Equity

£67,156

Rent Range

£800 - £1,250

Rent Estimate

£1,017

Running Costs/mo

£1,063

Cashflow/mo

£-46

Cashflow/yr

£-550

Gross Yield

4%

Local Sold Prices

50 sold prices from £113K to £322K, average is £218.5K. £1.2K/m² to £5K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£285K08/230.1 mi36, Shelton Drive, Shelton Lock, Derby, City Of Derby DE24 9FB3
£200K05/210.1 mi24, Woodthorne Avenue, Shelton Lock, Derby, City Of Derby DE24 9FL3
£194K10/200.1 mi18, Woodthorne Avenue, Shelton Lock, Derby, City Of Derby DE24 9FL3
£195K03/210.13 mi29, Chestnut Avenue, Chellaston, Derby, City Of Derby DE73 6RW3
£233K10/210.14 mi224, Chellaston Road, Derby, City Of Derby DE24 9ED3
£267.5K07/230.17 mi33, Jubilee Road, Shelton Lock, Derby, City Of Derby DE24 9FF3
£259K05/210.17 mi51g, Jubilee Road, Shelton Lock, Derby, City Of Derby DE24 9FF3
£172K03/210.17 mi43, Jubilee Road, Shelton Lock, Derby, City Of Derby DE24 9FF3
£230K02/230.18 mi43, Jubilee Road, Shelton Lock, Derby, City Of Derby DE24 9FF3
£226.5K10/210.19 mi181, Chellaston Road, Derby, City Of Derby DE24 9EB3
£208K09/210.21 mi182, Chellaston Road, Derby, City Of Derby DE24 9EA3
£113K11/210.21 mi3, Stonebroom Walk, Shelton Lock, Derby, City Of Derby DE24 9QS3
£135K11/200.21 mi37, Stonebroom Walk, Shelton Lock, Derby, City Of Derby DE24 9QS3
£230K01/210.22 mi37, Weston Park Avenue, Shelton Lock, Derby, City Of Derby DE24 9ER3
£215K08/210.22 mi15, Woodlands Avenue, Shelton Lock, Derby, City Of Derby DE24 9FP3
£303K03/230.23 mi19, Newbridge Crescent, Shelton Lock, Derby, City Of Derby DE24 9FR3
£228K09/210.23 mi7, Newbridge Crescent, Shelton Lock, Derby, City Of Derby DE24 9FR3
£320K10/220.23 mi1, South Drive, Chellaston, Derby, City Of Derby DE73 6RT3
£285K11/200.25 mi214, Derby Road, Chellaston, Derby, City Of Derby DE73 6RQ3
£212K04/210.26 mi8, Woodlands Avenue, Shelton Lock, Derby, City Of Derby DE24 9FQ3
£165K07/230.27 mi1, Scropton Walk, Shelton Lock, Derby, City Of Derby DE24 9QP3
£115.8K07/210.28 mi20, Aycliffe Gardens, Alvaston, Derby, City Of Derby DE24 0BX3
£322K11/200.28 mi12, Sutton Avenue, Chellaston, Derby, Derbyshire DE73 6RJ3
£216K12/200.28 mi44, Carlton Avenue, Shelton Lock, Derby, City Of Derby DE24 9EJ3
£225K11/200.28 mi21, Carlton Gardens, Shelton Lock, Derby, City Of Derby DE24 9EN3
£163K11/210.28 mi17, Carlton Gardens, Shelton Lock, Derby, City Of Derby DE24 9EN3
£290K02/230.29 mi7, Woodminton Drive, Chellaston, Derby, City Of Derby DE73 6RZ3
£272K10/210.29 mi58, West Avenue North, Chellaston, Derby, City Of Derby DE73 5SG3
£285K08/230.29 mi83, West Avenue North, Chellaston, Derby, City Of Derby DE73 5SG3
£250K11/220.31 mi8, Hillcreste Drive, Chellaston, Derby, City Of Derby DE73 6RL3
£140K03/210.32 mi363, Boulton Lane, Derby, City Of Derby DE24 9FT3
£193K10/200.32 mi2, Sutton Drive, Shelton Lock, Derby, City Of Derby DE24 9FS3
£152K11/200.32 mi19, Sutton Drive, Shelton Lock, Derby, City Of Derby DE24 9FS3
£187.5K02/210.32 mi15, Sutton Drive, Shelton Lock, Derby, City Of Derby DE24 9FS3
£280K12/220.32 mi9, West Avenue South, Chellaston, Derby, City Of Derby DE73 5SH3
£180K07/230.34 mi230, Sinfin Avenue, Shelton Lock, Derby, City Of Derby DE24 9QX3
£122K03/210.34 mi234, Sinfin Avenue, Shelton Lock, Derby, Derbyshire DE24 9QX3
£130K01/210.35 mi19, Queensferry Gardens, Allenton, Derby, City Of Derby DE24 9JR3
£225K04/210.35 mi15, Hillsway, Chellaston, Derby, City Of Derby DE73 6RN3
£221K03/210.35 mi29, Edge Hill, Chellaston, Derby, City Of Derby DE73 6RP3
£147.5K05/210.36 mi14, Weston Park Gardens, Shelton Lock, Derby, City Of Derby DE24 9EU3
£160K09/210.36 mi8, Weston Park Gardens, Shelton Lock, Derby, City Of Derby DE24 9EU3
£169K04/210.37 mi11, Denarth Avenue, Shelton Lock, Derby, City Of Derby DE24 9EW3
£235K05/210.38 mi72, Sutton Avenue, Chellaston, Derby, City Of Derby DE73 6PH3
£140K06/210.39 mi5, Saddleworth Walk, Shelton Lock, Derby, City Of Derby DE24 9QJ3
£138K02/210.39 mi14, Queensferry Gardens, Allenton, Derby, Derbyshire DE24 9JS3
£250K06/230.39 mi63, Sinfin Avenue, Derby, City Of Derby DE24 9JA3
£269.9K02/210.4 mi57, Chelwood Road, Chellaston, Derby, City Of Derby DE73 5SJ3
£225K06/210.4 mi9, Chelwood Road, Chellaston, Derby, City Of Derby DE73 5SJ3
£301K12/220.4 mi4, Chelwood Road, Chellaston, Derby, City Of Derby DE73 5SJ3

Local Rents

28 rents from £800/mo to £1.3K/mo, average is £973/mo.

RentDateDistanceAddressBeds 
£1,25004/240.43 miAstorville Park Road, Chellaston, DERBY3
£1,25004/240.43 miAstorville Park Road, Chellaston, Derby, Derbyshire, DE73 6XW3
£1,25004/240.44 miAstorville Park Road, Chellaston, Derby, Derbyshire3
£1,25004/240.44 miAstorville Park Road, Chellaston, Derby, Derbyshire3
£1,00012/240.45 miWroxham Close, Shelton Lock, DERBY3
£1,05012/240.57 miHoltlands Drive, Alvaston, Derby3
£80012/240.65 mi-3
£95004/240.66 miParkway, Chellaston, Derby3
£95004/240.66 miParkway, Chellaston, Derby3
£1,00012/240.69 mi-3
£1,05002/250.69 mi-3
£95004/240.72 miFellow Lands Way, Chellaston, Derby, Derbyshire3
£89503/240.75 miTuphall Close, Chellaston, Derby, DE733
£89512/240.77 miMoor Drive, Alvaston, Derby, Derbyshire3
£85012/240.79 miRockhouse Road, Alvaston, Derby, Derbyshire3
£95012/240.83 mi-3
£92504/240.9 miGreen Avenue, Chellaston, Derby3
£90003/240.9 mi-3
£92503/240.97 miKnights Road, Chellaston, Derby3
£1,05004/240.98 miAvalon Drive, Chellaston, Derby, Derbyshire3
£89503/241.02 miMarquis Gardens, Chellaston3
£1,10012/241.02 miMarquis Gardens, Chellaston3
£95001/241.04 mi-3
£1,20012/241.11 miMoor Lane, Allenton, Derby3
£1,15004/241.11 miWoodgate Drive, Chellaston, Derby3
£92502/241.12 mi-3
£1,25004/241.19 miRoyal Approach, Chellaston3
£99512/241.21 miMitford Road, Derby, DE24 5BR3

Local Area Statistics

Population in DE24

54,396

Population in Derby

308,324

Town centre distance

2.75 miles away

Nearest school

0.20 miles away

Nearest train station

1.76 miles away

 

 

Rental demand

Landlord's market

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Price changed to £300,000

December 26, 2024

Listed for £325,000

November 28, 2024

Sold for £265,000

2021

Sold for £196,000

2018

Sold for £55,000

1997

Floor Plans

Description

  • Generously Sized Plot +
  • Open Kitchen Diner +
  • Modern Shower Room +
  • Three Bedrooms +
  • Detached Family Home +
  • Close Proximity To Transport Links +
  • Easy Access To Amenities +
  • Sought After Location +
  • Gas Central Heating +
  • Fully Double Glazed +

Beautifully Presented Three-Bedroom Detached Home with Double Garage and Large Garden This charming three-bedroom detached family home is ideally located within easy reach of local shopping facilities and just a short distance from the vibrant city centre of Derby. The property offers a host of desirable features, including gas central heating, double glazing, new carpets throughout, a large rear garden, and a block-paved driveway leading to a double garage. Location:
Conveniently situated near popular shopping areas in Allenton and Alvaston, the property offers easy access to major road networks, including the A50 and A52, making it an excellent choice for commuters to the M1 corridor and Derby city centre. Directions: Leave Derby city centre via Osmaston Road, continuing straight at Spider Island. Pass the shops at Allenton, then turn left onto Boulton Lane. Turn right onto Jubilee Road, where the property is situated on the left-hand side, identified by our "For Sale" board. Property Features:
Internally, the well-maintained accommodation comprises an entrance hall with stairs leading to the first floor, a spacious lounge with a feature fireplace, and a large dining kitchen with integrated appliances. There is also a bright and airy double-glazed conservatory that overlooks the garden. A useful utility room and understairs storage add to the convenience of the ground floor. Upstairs, you'll find three good-sized bedrooms and a recently renovated shower-room with walk in shower and glass screen. A standout feature of the property is the expansive, lawned rear garden, which is complemented by a lovely patio area perfect for outdoor entertaining. The front garden is designed for ease of maintenance, with a block-paved driveway leading to gates that open to additional parking space and the large double garage. Double Garage Potential:
The generous double garage is an excellent addition to the property and offers potential for conversion into a self-contained living space or home office (subject to the necessary planning permissions). Accommodation Details:

  • Entrance Hall: A spacious hallway with stairs to the first floor, a double radiator, and an understairs cupboard with coat hanging space.

  • Utility Room/WC (1.52m x 1.83m): A versatile room with a stainless steel sink, space for a washing machine and tumble dryer, WC, radiator, and a high-level double-glazed window.

  • Lounge (3.05m x 5.49m): A welcoming front-facing lounge with a feature fireplace with coal-effect gas fire, TV point, double-glazed window, and a radiator. Double doors lead to the dining kitchen.

  • Dining Kitchen (4.57m x 4.88m): The heart of the home, this large kitchen features quality work surfaces, wall and base cupboards, an integrated electric oven, electric hob with extractor, and a dishwasher and American-style fridge freezer. There is also a shaped sink with drainer, double-glazed window, space for a dining table, and access to the rear garden via a double-glazed door.

  • Conservatory (4.57m x 2.74m): A delightful double-glazed conservatory offering additional living space with views over the garden. The room has a tiled floor, double radiator, and French doors to the garden.

First Floor:

  • Landing: Access to a loft, airing cupboard with wall-mounted boiler, and a double-glazed window to the side.

  • Bedroom One (3.05m x 4.88m): A large bedroom with double-glazed windows to the front and rear elevations, plus a double radiator.

  • Bedroom Two (3.05m x 2.44m): A second double bedroom with a rear-facing double-glazed window and a double radiator.

  • Bedroom Three (3.05m x 1.83m): A well-proportioned third bedroom with a double-glazed window and a radiator.

  • Shower - Room (1.52m x 2.74m): Recently renovated featuring a low-level WC, pedestal wash hand basin, and walk in shower with glass screen. The bathroom is finished with complementary tiling, a frosted double-glazed window, and a radiator.

Exterior: The property is set back from the road, with a front garden designed for easy maintenance. The large rear garden is a particular highlight, laid to lawn and overlooked by a spacious patio area. Two garden sheds are included for additional storage. A block-paved driveway at the front leads to gates that open to a further parking area, providing access to the detached double garage.

  • Double Garage (5.49m x 4.27m): Equipped with an electrically operated up-and-over door, power, and lighting. This is a fantastic family home in a sought-after location. Viewing is highly recommended to appreciate all it has to offer. Contact us today to arrange your viewing! Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate. Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £70 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

Agent Details

Yopa, East Midlands & Yorkshire

024 7542 9233

Next Steps?

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