2 Bed Flat, Single Let, Derby, DE22 3EB £145,000

Ashbourne Road, Derby, DE22 3EB - a year ago
Sold STC
Leasehold
BTL
ROI: 1%
~58 m²
Property image

ValuationOvervalued

Sold Prices£38K - £174K
Sold Prices/m²£679/m² - £3K/m²

 

 

Square Metres

~57.60 m²
Price/m²£2.5K/m²

Value Estimate

£100,991

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£36,250

Stamp Duty & Legal Fees

£8,850

Total Cash In

£45,100

 

 

Cash Out

 

Rent Range

£503 - £1,295

Rent Estimate

£648

Running Costs/mo

£603

Cashflow/mo

£45

Cashflow/yr

£543

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £38K to £174K, average is £111K. £679/m² to £3K/m², average is £1.8K/m².

Price
Date
Distance
Address
Beds
 
£135K06/250.02 mi26, Mill Gate, Ashbourne Road, Derby DE22 3EB2
£135K06/250.02 mi26, Mill Gate, Ashbourne Road, Derby DE22 3EB2
£130K08/250.09 mi14, Melton Court Apartments, Ashbourne Road, Derby DE22 3BF2
£160K05/240.1 miWestgate, Flat 21, Mill Street, Derby DE1 1DH2
£42K11/220.11 miFlat 33, Eaton Court, Leaper Street, Derby, City Of Derby DE1 3NX2
£101.5K06/240.16 miCentro West, 50, Searl Street, Derby DE1 1BW2
£110K03/250.17 mi11, Leaper Street, Derby DE1 3ND2
£75K09/240.19 mi5, St Annes Close, Derby DE1 3NE2
£127.5K07/210.21 miApartment 2, Westpoint, Brook Street, Derby, City Of Derby DE1 3TE2
£85K10/210.23 mi12, Nuns Street, Derby, City Of Derby DE1 3LL2
£105K01/250.27 miFlat 10, The Maltings, Manchester Street, Derby DE22 3AU2
£105K01/250.27 miFlat 10, The Maltings, Manchester Street, Derby DE22 3AU2
£118K07/250.27 miFlat 12, 2 The Maltings, Manchester Street, Derby DE22 3AU2
£143K12/220.27 mi100, Bridge Street, Derby, City Of Derby DE1 3LF2
£146K08/220.28 miLongs Mill Brookbridge Court, 23, Brook Street, Derby DE1 3LG2
£150.3K04/250.28 mi21, Longs Mill Brookbridge Court, Brook Street, Derby DE1 3LG2
£150.3K04/250.28 mi21, Longs Mill Brookbridge Court, Brook Street, Derby DE1 3LG2
£42.5K09/220.31 miFlat 5, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW2
£111K07/220.31 miFlat 41, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW2
£116K07/240.31 miAlexandra Mill, 31, Great Northern Road, Derby DE1 1LW2
£38K04/230.31 miFlat 31, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW2
£174K11/240.33 miWeavers Point, 9, Lodge Lane, Derby DE1 3HE2
£174K11/240.33 mi9, Weavers Point, Lodge Lane, Derby DE1 3HE2
£110K06/240.33 miRowleys Mill, 26, Uttoxeter New Road, Derby DE22 3TJ2
£48K09/210.34 miFlat 27, Great Northern Point, Great Northern Road, Derby, City Of Derby DE1 1LZ2
£85K06/210.34 miFlat 5, Great Northern Point, Great Northern Road, Derby, City Of Derby DE1 1LZ2
£140K03/230.38 miFirst Floor Flat, 3, Friary Street, Derby, City Of Derby DE1 1JF2
£135K09/220.41 mi34, Kniveton Close, Derby, City Of Derby DE22 3BB2
£110K05/240.41 mi39, Kniveton Close, Derby DE22 3BB2
£115K08/240.41 mi38, Kniveton Close, Derby DE22 3BB2
£110K05/240.41 mi39, Kniveton Close, Derby, City Of Derby DE22 3BB2
£122K01/250.47 miApartment 3, Hawthorn House, North Street, Derby DE1 3AZ2
£122K01/250.47 miApartment 3, Hawthorn House, North Street, Derby DE1 3AZ2
£92.5K08/210.47 mi3, Jackdaw Close, Derby, City Of Derby DE22 3SY2
£47.5K10/240.49 miMillers Court, 5, Edward Street, Derby DE1 3BN2
£90K05/250.49 mi5, Millers Court, Edward Street, Derby DE1 3BN2
£163.5K07/250.52 mi2b, Belper Road, Derby DE1 3EN2
£110K11/240.53 mi45, Arthur Hind Close, Derby DE22 1HS2
£110K11/240.53 mi45, Arthur Hind Close, Derby DE22 1HS2
£157K11/240.53 miThe School Yard, 8, Edward Street, Derby DE1 3BL2
£157K11/240.53 mi8, The School Yard, Edward Street, Derby DE1 3BL2
£136K06/210.57 mi103, Parliament Street, Derby, City Of Derby DE22 3RL2
£91K07/240.59 mi21, Edensor Square, Derby DE22 3RQ2
£97.5K10/240.59 mi26, St Marys Court, Derby DE1 3DD2
£104K09/240.6 miMill Point, 48, Rowditch Place, Derby DE22 3LR2
£111K08/240.6 mi42, Mill Point, Rowditch Place, Derby DE22 3LR2
£109K10/220.61 miFlat 52, Mill Point, Rowditch Place, Derby, City Of Derby DE22 3LR2
£94K08/210.61 miFlat 6, Mill Point, Rowditch Place, Derby, City Of Derby DE22 3LR2
£123K03/250.61 miFlat 30, Parkland View, Bath Street, Derby DE1 3FG2
£123K03/250.61 miFlat 30, Parkland View, Bath Street, Derby DE1 3FG2

Local Rents

50 rents from £503/mo to £1.3K/mo, average is £838/mo.

Rent
Date
Distance
Address
Beds
 
£92508/250 miMill Gate, Ashbourne Road, Derby2
£1,09512/240.01 mi-2
£1,29504/250.02 mi-2
£72510/250.04 miBrick Street, Derby, Derbyshire, DE12
£85006/250.04 miAshbourne Court, Derby2
£65008/250.04 miAshbourne Road, Derby, DE22 3FQ2
£66003/240.04 miAshbourne Court, Derby, 2
£80007/250.04 miAshbourne Court, DERBY2
£80003/240.04 miAshbourne Court2
£80008/250.04 miAshbourne Court, Derby, DE1 1GH2
£80003/240.04 miAshbourne Court2
£77511/250.05 miBuckland Close, DERBY2
£1,08303/240.05 miFriar Gate, Derby, Derbyshire, DE12
£62810/250.05 miFriar Gate, Derby, City Centre, DE12
£85010/250.05 miFriar Gate, Derby, City Centre, DE12
£85011/250.05 miFriar Gate, Derby, City Centre, DE12
£81510/250.05 miMarkeaton Street, Derby2
£85005/250.05 miAshbourne Court, Derby2
£92508/250.06 miRedshaw Street, Derby2
£50303/240.06 miFriar Gate2
£80009/250.07 mi2 Bedroom Flat, Marsh FlatsMarkeaton Street, Derby Centre2
£79510/250.07 mi2 Bedroom Flat, Marsh FlatsMarkeaton Street, Derby Centre2
£1,20503/240.08 miUttoxeter Old Road, Derby, 2
£75007/250.08 miMill Street, Derby, DE12
£85004/240.08 miWestgate, Mill Street, Derby2
£72007/250.08 miApartment 6, Melton Court, 38 Ashbourne Road, Derby, DE22 3BF2
£67007/250.08 miApartment 24, Melton Court, Ashbourne Road, Derby, DE22 3BF2
£79507/250.09 mi18 Melton Court, Ashbourne Road, Derby, DE22 3BF2
£95008/250.09 miAshbourne Road, Derby, DE222
£79512/240.09 miApartment 15, Melton Court, 38 Ashbourne Road, Derby, DE22 3BF2
£1,10008/250.09 miMill Street, DERBY2
£1,10010/250.09 miMill Street, DERBY2
£82510/250.09 miMill Street, Derby, DE12
£99504/240.09 miMill Street, Derby, DE12
£99504/240.09 miMill Street, Derby, DE12
£89504/240.09 miMill Street, Derby, DE12
£89506/250.09 miMill Street, Derby, DE12
£79508/250.1 mi8 Melton Court, Ashbourne Road, Derby, DE22 3BF2
£87507/250.1 miMelton Court, Ashbourne Road, Derby2
£1,15009/250.1 miNew Melton House, 38 Ashbourne Road, Derby, DE22 3AD2
£55008/250.1 miAshbourne Road, Derby,2
£1,17510/250.11 miPenthouse, Westgate, Mill Street, Derby2
£54210/250.11 miFriar Gate, Derby, DE1 1HF - Students 26/272
£1,00012/240.11 mi-2
£85008/250.11 mi-2
£65008/250.11 miVicarage Place, Derby, DE222
£94507/250.11 mi-2
£94507/250.11 miMill Street, Derby, DE12
£67507/250.12 miVicarage Place, Ashbourne Road, Derby, DE22 3TU2
£75012/240.12 miVicarage Place, Ashbourne Road, DE22 3TU2

Local Area Statistics

Population in DE22

45,976

Population in Derby

308,324

Town centre distance

1.01 miles away

Nearest school

0.10 miles away

Nearest train station

1.33 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-12%

Sales demand

Seller's market

Capital growth (5yrs)

+29%

Property History

Listed for £145,000

December 2, 2024

Floor Plans

Property image

Description

  • TWO BEDROOM FIRST FLOOR APARTMENT +
  • WALKING DISTANCE TO CITY CENTRE & LOCAL AMENITIES +
  • SECURE GATED PARKING +
  • OPEN PLAN LOUNGE, KITCHEN, DINING +
  • EN-SUITE AND FITTED WARDROBES TO MASTER +

THIS TWO BEDROOM, FIRST FLOOR APARTMENT OFFERS OPEN PLAN LIVING AND TWO GOOD SIZED DOUBLE BEDROOMS AS WELL AS AN EN-SUITE TO THE MASTER. A LOVELY BALCONY AREA REALLY MAKES THIS APARTMENT STAND OUT! IDEAL FOR THE FIRST TIME BUYER OR A WORKING COUPLE AND WITHIN WALKING DISTANCE TO DERBY CITY CENTER. Situated on Ashbourne Road and within walking distance to the City Centre and all that Friar Gate has to offer, this home is great for city living. The apartment is light, bright and modern with an open plan living area incorporating the kitchen and dining space. The kitchen has plenty of cupboard space with room for a fridge freezer and washing machine There’s even a lovely juliet balcony to enjoy the sunshine and bring the outside in. The master bedroom has the benefit of an en-suite as well as fitted wardrobes and there’s a further good sized second bedroom too. Outside there is secure parking for one vehicle and beautifully well maintained communal gardens. Mill Gate is located near the City Centre of Derby making it a great location for any buyer with having all local amenities within walking distance to the property. As well as this, less than a 2 minute walk away is the bus stop which gives easy access into the City Centre, Bus Station and Train Station as well as access to the Royal Derby Hospital. Also, within proximity to the property, there is Markeaton Park and easy access to the A38 leading to both the M1, A52 and A50 making it a great spot for commuters.

EPC Rating: B

Agent Details

AKS, Hilton

01332 215462

Next Steps?

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