2 Bed Terraced House, Single Let, Derby, DE23 6QW, £115,000

Dale Road, Derby, Derbyshire, DE23 6QW - 4 months ago

Sold STC
BTL
ROI: 6%
~68 m²
+2 photos

ValuationOvervalued

Sold Prices£45.1K - £300K
Sold Prices/m²£543/m² - £6.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.7K/m²

Value Estimate

£85,139

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£28,750

Stamp Duty & Legal Fees

£4,650

Total Cash In

£33,400

 

 

Cash Out

 

Rent Range

£600 - £1,250

Rent Estimate

£678

Running Costs/mo

£515

Cashflow/mo

£163

Cashflow/yr

£1,956

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £45.1K to £300K, average is £101.5K. £543/m² to £6.6K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£82K10/200.01 mi58, Dale Road, Derby, City Of Derby DE23 6QW2
£144K05/230.1 mi155, Upper Dale Road, Derby, City Of Derby DE23 8BP2
£72.5K11/200.11 mi8, Hastings Street, Derby, City Of Derby DE23 6QQ2
£92K01/210.11 mi20, Almond Street, Derby, City Of Derby DE23 6LW2
£88K03/210.14 mi42, Stanton Street, Derby, City Of Derby DE23 6ND2
£100K09/210.15 mi74, Clarence Road, Derby, City Of Derby DE23 6LQ2
£65K11/200.16 mi100, Crewe Street, Derby, Derbyshire DE23 8QP2
£99K11/200.17 mi14, Willn Street, Derby, City Of Derby DE23 8QS2
£87K01/230.18 mi51, Cummings Street, Derby, City Of Derby DE23 6WX2
£60K01/210.2 mi17, Silver Hill Road, Derby, Derbyshire DE23 6UL2
£82.5K12/220.21 mi54, Silver Hill Road, Derby, City Of Derby DE23 6UJ2
£123K12/220.21 mi62, Silver Hill Road, Derby, City Of Derby DE23 6UJ2
£137K04/230.22 mi30, Howard Street, Derby, City Of Derby DE23 6TW2
£75K01/210.22 mi75, Violet Street, Derby, City Of Derby DE23 8SR2
£134K11/200.23 mi98a, St Chads Road, Derby, City Of Derby DE23 6RP2
£90K12/200.26 mi40, Goodale Street, Derby, City Of Derby DE23 8QE2
£112.5K02/230.27 mi44, Middleton Street, Derby, City Of Derby DE23 8QJ2
£106K05/230.28 mi29, Provident Street, Derby, City Of Derby DE23 6WS2
£107.5K06/210.28 mi78, Vincent Street, Derby, City Of Derby DE23 8BU2
£132K11/200.29 mi1, Breedon Hill Road, Derby, Derbyshire DE23 6TH2
£105K04/230.29 mi10, Industrial Street, Derby, City Of Derby DE23 6WU2
£101K02/210.29 mi9, Industrial Street, Derby, City Of Derby DE23 6WU2
£150K01/230.3 mi108, Empress Road, Derby, City Of Derby DE23 6TE2
£102K01/210.32 mi12, Birdwood Street, Derby, City Of Derby DE23 8BW2
£105K07/210.32 mi56, Lewis Street, Derby, City Of Derby DE23 8BY2
£45.1K12/210.32 mi66, Lewis Street, Derby, City Of Derby DE23 8BY2
£95K04/230.33 mi5, Upper Bainbrigge Street, Derby, City Of Derby DE23 6WN2
£98K05/210.33 mi19, Upper Bainbrigge Street, Derby, City Of Derby DE23 6WN2
£120K06/230.33 mi100, Sutherland Road, Derby, City Of Derby DE23 8RW2
£157K06/230.34 mi43, Richmond Road, Derby, City Of Derby DE23 8PY2
£90K03/210.35 mi36, Brunswick Street, Derby, Derbyshire DE23 8TP2
£89K11/200.36 mi14, Lewis Street, Derby, City Of Derby DE23 8BX2
£120K05/230.37 mi134, Rutland Street, Derby, City Of Derby DE23 8PS2
£83K11/200.38 mi128, Cameron Road, Derby, City Of Derby DE23 8RS2
£83K11/200.38 mi128, Cameron Road, Derby, City Of Derby DE23 8RS2
£60K09/210.38 mi17, Fleet Street, Derby, City Of Derby DE23 8GU2
£145K06/230.4 mi49, Stenson Road, Derby, City Of Derby DE23 1JD2
£128K04/230.41 mi41, Strutt Street, Derby, City Of Derby DE23 8FF2
£83K08/230.42 mi115, Portland Street, Derby, City Of Derby DE23 8QD2
£116K02/210.43 mi115, Dairyhouse Road, Derby, City Of Derby DE23 8HQ2
£80K08/210.43 mi36, Dashwood Street, Derby, City Of Derby DE23 6SU2
£87K05/230.43 mi42, Dashwood Street, Derby, City Of Derby DE23 6SU2
£300K07/210.44 mi42, Carlton Road, Derby, City Of Derby DE23 6HA2
£75K09/210.46 mi23, Holcombe Street, Derby, City Of Derby DE23 8HZ2
£115K03/230.46 mi39, Harriet Street, Derby, City Of Derby DE23 8EQ2
£114K02/230.46 mi10, Holcombe Street, Derby, City Of Derby DE23 8HZ2
£147K05/210.46 mi52, Warner Street, Derby, City Of Derby DE22 3TS2
£125K05/210.48 mi254, St Thomas Road, Derby, City Of Derby DE23 8SY2
£116K02/230.48 mi17, Rutland Street, Derby, City Of Derby DE23 8PQ2
£114K07/230.49 mi22, Twyford Street, Derby, City Of Derby DE23 8EP2

Local Rents

50 rents from £600/mo to £1.3K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£80011/240.03 mi-2
£85003/240.11 miAlmond Street2
£85005/240.16 mi-2
£85004/240.16 miDarby Street, Derby, DE232
£85004/240.16 miDarby Street, Derby, DE232
£80003/240.18 miSt. James Road, DERBY2
£1,25012/240.25 mi-2
£1,25012/240.25 mi-2
£70003/240.26 miBelvoir Street, Derby, Derbyshire2
£80002/240.27 mi-2
£90002/240.27 mi-2
£90012/240.27 mi-2
£90012/240.27 mi-2
£90001/250.27 mi-2
£90002/250.27 mi-2
£90003/250.27 mi-2
£65003/240.28 miNormanton Road, Derby, Derbyshire, DE232
£90012/240.3 mi-2
£60003/240.32 miNormanton Road, Derby, DE232
£80002/240.33 mi-2
£85012/240.33 mi-2
£85002/240.34 mi-2
£85012/240.34 mi-2
£87512/240.34 mi-2
£87501/250.34 mi-2
£85002/250.34 mi-2
£85002/250.34 mi-2
£85002/250.34 mi-2
£87002/250.34 mi-2
£87502/250.34 mi-2
£75003/240.35 miBrunswick Street 2
£79504/240.36 miLewis Street, Derby2
£95005/240.36 mi-2
£95012/240.36 mi-2
£95001/250.36 mi-2
£95001/250.36 mi-2
£79502/250.37 mi-2
£75012/240.37 miBelgrave Street, Derby, DE232
£87001/240.4 mi-2
£87004/240.4 mi-2
£89001/250.4 mi-2
£89001/250.4 mi-2
£75001/240.43 mi-2
£75012/240.43 mi-2
£89512/240.43 mi-2
£79512/240.44 mi-2
£60002/250.44 mi-2
£60003/250.44 mi-2
£73503/250.45 mi-2
£77503/240.47 mi100 Whitaker Road, Derby, DE232

Local Area Statistics

Population in DE23

59,979

Population in Derby

308,324

Town centre distance

0.68 miles away

Nearest school

0.10 miles away

Nearest train station

0.76 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £115,000

December 13, 2024

Sold for £40,000

2003

Sold for £17,000

1999

Floor Plans

Description

  • Shops and amenities nearby +
  • Lounge +
  • Fitted Kitchen +
  • Double glazing +
  • Dining Room +
  • Garden +
  • Parking +
  • Mid terraced +
  • Spacious property +
  • Gas central heating +

Welcome to this charming mid-terraced property, located on Dale Road, Derby, DE23 6. This delightful two-bedroom house presents an excellent opportunity for first-time buyers, investors, or small families looking for a cozy home. The property boasts a spacious living room, a separate dining room, a fitted kitchen, and a convenient ground floor bathroom. The two double bedrooms provide ample space for comfortable living, while the rear garden offers a peaceful retreat for relaxation or outdoor entertaining. With its ideal buy-to-let potential, this property is an attractive investment opportunity.

Conveniently situated near a range of amenities, residents will find themselves just moments away from the bustling community. The property is within close proximity to several popular schools, including Hardwick Primary School (0.24km), Walbrook Nursery School (0.46km), and Arboretum Primary School (0.46km), making it an ideal location for families with young children. Additionally, the College of Professional Studies (0.21km) and Normanton Community Learning Centre (0.32km) provide accessible educational opportunities for older students.

Agent Details

Property Options Sales & Lettings, Derby

01332 215703

Next Steps?

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