2 Bed Flat, Single Let, Derby, DE1 2BX, £165,000

Trinity Street, Derby, DE1 2BX - 3 months ago

Sold STC
Leasehold
BTL
ROI: 4%
~68 m²
+9 photos

ValuationOvervalued

Sold Prices£38K - £155K
Sold Prices/m²£679/m² - £2.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.4K/m²

Value Estimate

£101,298

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£41,250

Stamp Duty & Legal Fees

£9,450

Total Cash In

£50,700

 

 

Cash Out

 

Rent Range

£775 - £1,150

Rent Estimate

£895

Running Costs/mo

£715

Cashflow/mo

£180

Cashflow/yr

£2,165

ROI

4%

Gross Yield

7%

Local Sold Prices

27 sold prices from £38K to £155K, average is £111K. £679/m² to £2.9K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£150K10/200.13 mi18, Castleward Boulevard, Derby, City Of Derby DE1 2LQ2
£155K03/230.18 miFlat 9, Nightingale Mews, Calvert Street, Derby, City Of Derby DE1 2RT2
£92K11/210.28 mi19, Bloomfield Close, Derby, City Of Derby DE1 2FY2
£90K07/220.5 miFlat 14, Swinscoe House, Rosengrave Street, Derby, City Of Derby DE1 1PS2
£130K08/210.56 mi4, Salisbury Street, Derby, City Of Derby DE23 6SL2
£78.5K08/210.58 mi94, Gerard Street, Derby, City Of Derby DE1 1PH2
£87.5K11/200.58 mi114, Gerard Street, Derby, City Of Derby DE1 1PH2
£124K03/210.74 mi53, Farm Street, Derby, City Of Derby DE22 3UJ2
£140K03/230.74 miFirst Floor Flat, 3, Friary Street, Derby, City Of Derby DE1 1JF2
£110K05/220.75 miFlat 18, Derwent House, Huntingdon Green, Derby, City Of Derby DE21 6AB2
£90K01/230.8 mi124, Northumberland Street, Derby, City Of Derby DE23 6UA2
£116.5K09/200.82 mi5, City Walk, Derby, City Of Derby DE1 3QD2
£127.5K11/200.82 mi22, City Walk, Derby, City Of Derby DE1 3QD2
£116K05/210.82 mi27, City Walk, Derby, City Of Derby DE1 3QD2
£48K09/210.86 miFlat 27, Great Northern Point, Great Northern Road, Derby, City Of Derby DE1 1LZ2
£85K06/210.86 miFlat 5, Great Northern Point, Great Northern Road, Derby, City Of Derby DE1 1LZ2
£114K01/230.9 miApartment 1, Waterside House, Duke Street, Derby, City Of Derby DE1 3BA2
£136K06/210.9 mi103, Parliament Street, Derby, City Of Derby DE22 3RL2
£42.5K09/220.92 miFlat 5, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW2
£111K07/220.92 miFlat 41, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW2
£38K04/230.92 miFlat 31, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW2
£84.5K09/200.92 miFlat 39, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW2
£125K12/200.92 mi98b, St Chads Road, Derby, City Of Derby DE23 6RP2
£61.5K03/210.94 miFlat 112, Rivermead House, Bath Street, Derby, City Of Derby DE1 3BT2
£143K12/220.97 mi100, Bridge Street, Derby, City Of Derby DE1 3LF2
£68K09/200.97 mi8, Lothian Place, Derby, City Of Derby DE21 6BG2
£127.5K07/210.98 miApartment 2, Westpoint, Brook Street, Derby, City Of Derby DE1 3TE2

Local Rents

51 rents from £775/mo to £1.1K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£89503/240.04 miStrutt House, Erasmus Drive, Derby, DE12
£95003/240.04 miStrutt House, Erasmus Drive, Derby, DE12
£1,00003/240.05 miSuede House, Castleward Boulevard2
£95012/240.06 miSuede House, 33 Castelward Boulevard, Derby, DE12
£95003/240.06 miSuede House, 33 Castleward Boulevard, Derby, DE12
£1,00003/240.06 miSuede House, 33 Castleward Boulevard, Derby, Derbyshire, DE12
£92503/240.06 miSuede House, 33 Castleward Boulevard2
£89504/240.06 miSuede House, 33 Castleward Boulevard2
£1,05003/240.07 mi-2
£1,10003/240.07 miFox House, 2 Erasmus Drive, Derby, Derbyshire, DE12
£1,10003/240.07 miFox House, 2 Erasmus Drive, Derby, DE12
£99503/240.07 miFox House, 2 Erasmus Drive, Derby, DE12
£1,10003/240.07 miFox House, 2 Erasmus Drive, Derby, DE12
£1,10003/240.07 miFox House, 2 Erasmus Drive, Derby, DE12
£1,05003/240.07 miFox House, Nightingale Quarter, 128 London Road, Derby, DE12
£95003/240.07 miFox House, 2 Erasmus Drive, Derby, Derbyshire, DE12
£1,05003/240.07 miFox House, 2 Erasmus Drive, Derby, DE12
£99503/240.07 miFox House, 2 Erasmus Drive, Derby, DE12
£1,10004/240.07 miFox House, 2 Erasmus Drive, Derby, DE12
£97505/240.07 miFox House, 2 Erasmus Drive, Derby, Derbyshire, DE12
£99505/240.07 miCastleward Boulevard, Derby, DE12
£97503/240.07 miJohn Street, DERBY2
£99505/240.07 miSuede House, 45 Castleward Boulevard, Derby, De12
£1,15002/250.08 mi-2
£99502/240.08 mi-2
£95006/240.08 mi-2
£1,00003/240.08 mi45 John Street, Derby2
£1,05004/240.09 mi-2
£1,05003/240.09 miDalton House, Derby, DE12
£1,10003/240.09 miDalton House, Derby, DE1 2BF2
£1,10003/240.09 miBilsborrow Avenue, Derby2
£1,10004/240.09 miBilsborrow Avenue, Derby2
£1,00005/240.09 miBilsborrow Avenue, Derby2
£95003/240.1 miDalton House, Bilsborrow Avenue, Derby2
£90003/240.1 miJohn Street, DERBY2
£1,02503/240.1 miJohn Street, DERBY2
£1,04003/240.1 miBilsborrow Avenue, Derby, DE12
£1,04005/240.1 miBilsborrow Avenue, Derby, DE12
£1,04002/240.1 mi-2
£1,04006/240.1 mi-2
£90003/240.1 miBemrose Court, Derby, DE1 2NE2
£97503/240.1 miBemrose Court, Derby, Derbyshire, DE1 2NE2
£95003/240.11 miSuede House, Castleward Boulevard, Derby, Derbyshire, DE12
£1,15002/240.11 mi-2
£1,05001/240.12 mi-2
£1,05004/240.12 miCastleward Court, Derby, DE12
£1,00007/240.12 mi-2
£1,00007/240.12 mi-2
£1,10012/240.12 mi-2
£99503/240.12 miSuede House, 45 John Street, Derby, DE12
£77504/240.13 miWellington Crescent, Derby2

Local Area Statistics

Population in DE1

14,046

Population in Derby

308,324

Town centre distance

0.25 miles away

Nearest school

0.10 miles away

Nearest train station

0.22 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+28%

Property History

Listed for £165,000

December 3, 2024

Floor Plans

Description

  • Ideal for first-time buyers or investors. NO CHAIN +

  • Modern top-floor, two-bedroom apartment in Castleward Urban Village. Open-plan kitchen and living area +

  • Private south-facing balcony +

  • Master bedroom with en-suite +

  • Second double bedroom and family bathroom +

  • Presented to a high standard +

  • Close to Derbion, train station, and local amenities +

  • Residents parking permits. +

SUMMARY
Modern two-bedroom apartment in Derby City Centre. Bathed in natural light with open-plan fully fitted kitchen and living area with private south-facing balcony, master with en-suite, second double bedroom, and family bathroom. Close to Derbion, Derby train station, and local amenities.

DESCRIPTION
Experience modern urban living in this beautifully presented two-bedroom apartment nestled between Derby City Centre and transport hubs. The open-plan design seamlessly combines a stylish, fully fitted kitchen with a spacious living/dining area, leading to a private south-facing balcony-perfect for relaxing with rooftop views over the City.

The master bedroom features generous proportions and a private en-suite shower room, while a second double bedroom
offers flexibility for guests, family, or home working. A modern main bathroom and a separate utility cupboard with a plumbed-in washing/ drying machine add convenience to this well-designed space. Presented to a high standard, the apartment boasts sleek finishes, central heating, and double glazing, offering a comfortable and energy-efficient home.

Ideal for professionals, first-time buyers, or investors, this property is ready to move in and enjoy.
Located in Castleward, a dynamic neighbourhood, residents have easy access to Derbion Shopping Centre, cinemas, restaurants, and green spaces. Derby's mainline train station is nearby, and a new primary school adds to the family appeal. With the Pepperpot and Bustler Street Food Market within walking distance, this apartment offers a perfect blend of city convenience and community charm.

Kitchen/ Living Area 19' 4" APPROX x 12' 8" APPROX ( 5.89m APPROX x 3.86m APPROX )

Bedroom 1 14' APPROX x 10' APPROX ( 4.27m APPROX x 3.05m APPROX )

Bedroom 2 11' 6" APPROX x 8' 10" APPROX ( 3.51m APPROX x 2.69m APPROX )

Residents Gardens 

Residents Bikeshed 

Public Communal Square 

We currently hold lease details as displayed above, should you require 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. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Bagshaws Residential, Derby

01332 215045

Next Steps?

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