2 Bed Flat, Single Let, Derby, DE1 3AF, £170,000

cathedral View, Full Street, Derby City Centre, DE1 3AF - 2 views - 4 months ago

Leasehold
BTL
ROI: 8%
~68 m²
+6 photos

ValuationOvervalued

Sold Prices£30K - £162.5K
Sold Prices/m²£545/m² - £2.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.5K/m²

Value Estimate

£109,291

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£9,700

Total Cash In

£52,200

 

 

Cash Out

 

Rent Range

£850 - £1,950

Rent Estimate

£1,113

Running Costs/mo

£774

Cashflow/mo

£339

Cashflow/yr

£4,070

ROI

8%

Gross Yield

8%

Local Sold Prices

39 sold prices from £30K to £162.5K, average is £111K. £545/m² to £2.3K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£127.5K11/200.29 mi22, City Walk, Derby, City Of Derby DE1 3QD2
£116K05/210.29 mi27, City Walk, Derby, City Of Derby DE1 3QD2
£114K01/230.32 miApartment 1, Waterside House, Duke Street, Derby, City Of Derby DE1 3BA2
£140K03/230.35 miFirst Floor Flat, 3, Friary Street, Derby, City Of Derby DE1 1JF2
£61.5K03/210.36 miFlat 112, Rivermead House, Bath Street, Derby, City Of Derby DE1 3BT2
£143K12/220.39 mi100, Bridge Street, Derby, City Of Derby DE1 3LF2
£127.5K07/210.43 miApartment 2, Westpoint, Brook Street, Derby, City Of Derby DE1 3TE2
£90K07/220.46 miFlat 14, Swinscoe House, Rosengrave Street, Derby, City Of Derby DE1 1PS2
£85K10/210.48 mi12, Nuns Street, Derby, City Of Derby DE1 3LL2
£48K09/210.52 miFlat 27, Great Northern Point, Great Northern Road, Derby, City Of Derby DE1 1LZ2
£85K06/210.52 miFlat 5, Great Northern Point, Great Northern Road, Derby, City Of Derby DE1 1LZ2
£78.5K08/210.56 mi94, Gerard Street, Derby, City Of Derby DE1 1PH2
£87.5K11/200.56 mi114, Gerard Street, Derby, City Of Derby DE1 1PH2
£42.5K09/220.57 miFlat 5, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW2
£111K07/220.57 miFlat 41, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW2
£38K04/230.58 miFlat 31, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW2
£42K11/220.62 miFlat 33, Eaton Court, Leaper Street, Derby, City Of Derby DE1 3NX2
£60K12/200.62 miFlat 32, Eaton Court, Leaper Street, Derby, City Of Derby DE1 3NX2
£37K02/210.62 miFlat 35, Eaton Court, Leaper Street, Derby, City Of Derby DE1 3NX2
£155K03/230.65 miFlat 9, Nightingale Mews, Calvert Street, Derby, City Of Derby DE1 2RT2
£135K08/220.67 mi41, Auriga Court, Derby, City Of Derby DE1 3RH2
£110K05/220.72 miFlat 18, Derwent House, Huntingdon Green, Derby, City Of Derby DE21 6AB2
£136K06/210.74 mi103, Parliament Street, Derby, City Of Derby DE22 3RL2
£124K03/210.74 mi53, Farm Street, Derby, City Of Derby DE22 3UJ2
£124.5K06/230.75 mi23, Magnus Court, Derby, City Of Derby DE21 4TQ2
£109K03/220.75 mi15, Magnus Court, Derby, City Of Derby DE21 4TQ2
£138K01/230.75 mi33, Magnus Court, Derby, City Of Derby DE21 4TQ2
£121.3K01/220.75 mi11, Magnus Court, Derby, City Of Derby DE21 4TQ2
£117K08/210.75 mi37, Magnus Court, Derby, City Of Derby DE21 4TQ2
£109.5K03/210.75 mi23, Magnus Court, Derby, City Of Derby DE21 4TQ2
£117.5K05/220.75 mi41, Magnus Court, Derby, City Of Derby DE21 4TQ2
£117K08/210.75 mi37, Magnus Court, Derby, City Of Derby DE21 4TQ2
£125K07/220.75 mi31, Magnus Court, Derby, City Of Derby DE21 4TQ2
£30K02/210.78 mi80, Magnus Court, Derby, City Of Derby DE21 4TR2
£30K02/220.78 mi80, Magnus Court, Derby, City Of Derby DE21 4TR2
£130K08/210.81 mi4, Salisbury Street, Derby, City Of Derby DE23 6SL2
£92K11/210.87 mi19, Bloomfield Close, Derby, City Of Derby DE1 2FY2
£162.5K04/210.93 miApartment 13, Wheeldon Manor, Wheeldon Avenue, Derby, City Of Derby DE22 1HY2
£78K01/210.99 mi31, Moray Walk, Derby, City Of Derby DE21 6BR2

Local Rents

50 rents from £850/mo to £1.9K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,30005/240.04 miCathedral View, Full Street, Derby, Derbyshire, DE1 3AF2
£1,10004/240.05 miCathedral View, Ful Street, Derby, DE1 3AF2
£1,40012/240.06 mi-2
£1,40012/240.06 mi-2
£1,25003/250.06 mi-2
£1,20012/240.06 mi-2
£1,35003/250.06 mi-2
£85001/250.09 mi-2
£90012/240.09 mi-2
£1,75003/240.11 miSt. Marys Gate, DERBY2
£1,25003/240.11 miSt. Marys Gate, DERBY2
£1,25003/240.11 miSt. Marys Gate, DERBY2
£1,75003/240.11 miSt. Marys Gate, DERBY2
£1,25003/240.11 miSt. Marys Gate, DERBY2
£1,75003/240.11 miSt. Marys Gate, DERBY2
£1,25003/240.11 miSt. Marys Gate, DERBY2
£1,50003/240.11 miSt. Marys Gate, DERBY2
£1,25004/240.11 miSt. Marys Gate, DERBY2
£89504/240.11 miSt. Marys Gate, Derby2
£1,25004/240.11 miSt. Marys Gate, DERBY2
£1,50004/240.11 miSt. Marys Gate, DERBY2
£1,25004/240.11 miSt. Marys Gate, DERBY2
£1,50004/240.11 miSt. Marys Gate, DERBY2
£1,25005/240.11 miSt. Marys Gate, DERBY2
£95005/240.11 miSt. Marys Gate, Derby2
£1,25012/240.11 miSt. Marys Gate, DERBY2
£1,70005/240.11 miDerby Riverside, Derby, DE12
£1,95005/240.11 mi-2
£1,70005/240.11 mi-2
£1,80012/240.11 mi-2
£1,85012/240.11 mi-2
£1,70012/240.11 mi-2
£1,65012/240.11 mi-2
£1,69512/240.11 mi-2
£1,69512/240.11 mi-2
£1,69912/240.11 mi-2
£1,65012/240.11 mi-2
£1,80001/250.11 mi-2
£1,65001/250.11 mi-2
£1,70001/250.11 mi-2
£1,75001/250.11 mi-2
£1,85003/250.11 mi-2
£1,70004/250.11 mi-2
£1,25003/240.11 miSt. Marys Gate, Derby, Derbyshire, DE12
£1,35003/240.11 miSt. Marys Gate, Derby, Derbyshire, DE12
£1,50003/240.11 miSt. Marys Gate, Derby, Derbyshire, DE12
£1,25004/240.11 miMiddleton House, Derby, DE1 3JR2
£1,05004/240.11 miSt Marys Gate, Derby2
£1,25004/240.11 miSt Marys Gate, Derby2
£1,25005/240.11 miSt Marys Gate, Derby2

Local Area Statistics

Population in DE1

14,046

Population in Derby

308,324

Town centre distance

0.63 miles away

Nearest school

0.20 miles away

Nearest train station

0.79 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+28%

Property History

Listed for £170,000

December 11, 2024

Floor Plans

Description

  • Two Bedroom Apartment +
  • River View +
  • Living Kitchen With Balcony +
  • Bathroom & En-Suite +
  • Allocated Parking Space +
  • No Upward Chain +

This well-maintained 2-bedroom apartment, located on the 3rd floor of a sought-after complex in the city centre, offers breath-taking river views. The property features a spacious entrance hall, open-plan living/kitchen area with a balcony overlooking the river, two bedrooms, a bathroom, and an en-suite shower room. With the added convenience of a lift and allocated parking, this apartment combines comfort and practicality in a prime location. Ideal for those seeking a modern lifestyle with stunning views and easy access to city amenities.

Agent Details

haart, Derby

01332 215411

Next Steps?

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