3 Bed Terraced House, Single Let, Derby, DE23 1RA, £145,000

148 Caxton Street, Derby, City Of Derby, DE23 1RA - 2 views - 3 months ago

Sold STC

BTL

ROI: 6%

90 m²

+10 photos

ValuationUndervalued

Sold Prices	£105K - £310K
Sold Prices/m²	£1.4K/m² - £3.9K/m²

Square Metres	90 m²
Price/m²	£1.6K/m²
Value Estimate	£181,250£181,250
BMV	25%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£36,250£36,250
Stamp Duty & Legal Fees	£5,550£5,550
Total Cash In	£41,800£41,800

Cash Out
Rent Range	£795 - £1,150£795 - £1,150
Rent Estimate	£850
Running Costs/mo	£643£643
Cashflow/mo	£207£207
Cashflow/yr	£2,483£2,483
ROI	6%6%
Gross Yield	7%7%

Local Sold Prices

50 sold prices from £105K to £310K, average is £175.5K. £1.4K/m² to £3.9K/m², average is £2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£122.5K	06/21	0.03 mi	12, Beaumont Walk, Derby, City Of Derby DE23 1RD	£1,392	88	3	Terraced House
£123K	03/21	0.09 mi	13, Woodroffe Walk, Derby, City Of Derby DE23 1RL	£1,383	89	3	Terraced House
£154K	03/23	0.09 mi	23, Woodroffe Walk, Derby, City Of Derby DE23 1RL	-	-	3	Terraced House
£143K	07/21	0.1 mi	240, Caxton Street, Derby, City Of Derby DE23 1RB	-	-	3	Terraced House
£162K	03/21	0.15 mi	27, Masefield Avenue, Derby, City Of Derby DE23 1GP	£1,742	93	3	Detached House
£195K	12/22	0.15 mi	27, Kendon Avenue, Sunnyhill, Derby, City Of Derby DE23 1LB	-	-	3	Semi-Detached House
£121K	04/21	0.17 mi	95, Caxton Street, Derby, City Of Derby DE23 8BE	£1,754	69	3	Terraced House
£165K	11/20	0.18 mi	27, Boswell Square, Derby, City Of Derby DE23 8AW	£1,897	87	3	Semi-Detached House
£260K	05/23	0.19 mi	179, Stenson Road, Derby, City Of Derby DE23 1JN	-	-	3	Detached House
£242.5K	10/21	0.22 mi	238, Stenson Road, Derby, City Of Derby DE23 1JL	-	-	3	Detached House
£250K	12/22	0.23 mi	4, New Chestnut Place, Derby, City Of Derby DE23 1JT	£2,976	84	3	Semi-Detached House
£212.5K	02/21	0.23 mi	7, New Chestnut Place, Derby, City Of Derby DE23 1JT	£2,214	96	3	Semi-Detached House
£122.5K	05/23	0.24 mi	39, Baxter Square, Derby, City Of Derby DE23 8BG	-	-	3	Semi-Detached House
£176K	04/21	0.25 mi	22, Bosworth Avenue, Sunnyhill, Derby, City Of Derby DE23 1LE	-	-	3	Semi-Detached House
£180K	10/20	0.25 mi	23, Bosworth Avenue, Sunnyhill, Derby, City Of Derby DE23 1LE	£3,906	46	3	Semi-Detached House
£112K	02/23	0.26 mi	49, Blackmore Street, Derby, City Of Derby DE23 8AY	£1,750	64	3	Terraced House
£215K	10/21	0.28 mi	36, Grange Avenue, Derby, City Of Derby DE23 8DG	-	-	3	Semi-Detached House
£180K	11/21	0.29 mi	3, Keswick Avenue, Sunnyhill, Derby, City Of Derby DE23 1JY	£2,143	84	3	Semi-Detached House
£231.5K	12/22	0.3 mi	7, Ingleby Avenue, Derby, City Of Derby DE23 8DL	£2,489	93	3	Semi-Detached House
£190K	04/21	0.3 mi	26, Eastbrae Road, Sunnyhill, Derby, City Of Derby DE23 1WA	£2,639	72	3	Detached House
£185K	09/21	0.3 mi	7, Grange Avenue, Derby, City Of Derby DE23 8DH	£1,802	103	3	Semi-Detached House
£205K	10/20	0.3 mi	45, Grange Avenue, Derby, City Of Derby DE23 8DH	£2,181	94	3	Semi-Detached House
£188.5K	12/20	0.3 mi	43, Grange Avenue, Derby, City Of Derby DE23 8DH	£2,049	92	3	Semi-Detached House
£174K	01/21	0.3 mi	27, Hartland Drive, Sunnyhill, Derby, City Of Derby DE23 1LW	£2,231	78	3	Detached House
£175K	12/20	0.31 mi	7, St Stephens Close, Sunnyhill, Derby, City Of Derby DE23 1HH	£2,215	79	3	Detached House
£133K	11/22	0.31 mi	364, Stenson Road, Derby, City Of Derby DE23 1HF	£1,451	92	3	Terraced House
£207K	02/23	0.33 mi	28, Gurney Avenue, Sunnyhill, Derby, City Of Derby DE23 1GR	-	-	3	Semi-Detached House
£150K	01/21	0.33 mi	37, Gurney Avenue, Sunnyhill, Derby, City Of Derby DE23 1GR	£2,381	63	3	Semi-Detached House
£165K	02/21	0.34 mi	41, Nevinson Avenue, Sunnyhill, Derby, City Of Derby DE23 1GU	£2,143	77	3	Semi-Detached House
£180K	01/21	0.34 mi	21, Nevinson Avenue, Sunnyhill, Derby, City Of Derby DE23 1GU	£2,045	88	3	Semi-Detached House
£196K	10/20	0.34 mi	11, Oadby Rise, Sunnyhill, Derby, City Of Derby DE23 1LX	£1,735	113	3	Detached House
£150K	06/23	0.35 mi	24, Nevinson Avenue, Sunnyhill, Derby, City Of Derby DE23 1GT	-	-	3	Semi-Detached House
£310K	04/23	0.35 mi	17, Glenmoy Close, Sunnyhill, Derby, City Of Derby DE23 1WB	£3,333	93	3	Detached House
£163.5K	11/20	0.35 mi	31, Donington Drive, Sunnyhill, Derby, City Of Derby DE23 1NA	£2,019	81	3	Semi-Detached House
£150K	11/20	0.35 mi	47, Donington Drive, Sunnyhill, Derby, City Of Derby DE23 1NA	£1,974	76	3	Semi-Detached House
£162K	11/20	0.35 mi	65, Donington Drive, Sunnyhill, Derby, City Of Derby DE23 1NA	£2,184	74	3	Semi-Detached House
£143K	04/21	0.35 mi	40, Donington Drive, Sunnyhill, Derby, City Of Derby DE23 1NA	£1,857	77	3	Semi-Detached House
£150K	11/20	0.35 mi	47, Donington Drive, Sunnyhill, Derby, City Of Derby DE23 1NA	£1,974	76	3	Semi-Detached House
£178K	04/21	0.37 mi	12, Hathern Close, Sunnyhill, Derby, City Of Derby DE23 1NE	£1,874	95	3	Semi-Detached House
£150K	03/21	0.39 mi	9, Kitchener Avenue, Derby, City Of Derby DE23 8WH	£1,948	77	3	Semi-Detached House
£105K	01/21	0.39 mi	16, Kitchener Avenue, Derby, City Of Derby DE23 8WH	-	-	3	Semi-Detached House
£183K	01/23	0.39 mi	30, Nevinson Drive, Sunnyhill, Derby, City Of Derby DE23 1GX	-	-	3	Detached House
£175K	10/21	0.39 mi	21, Nevinson Drive, Sunnyhill, Derby, City Of Derby DE23 1GX	£2,734	64	3	Semi-Detached House
£245K	02/23	0.4 mi	6, Bideford Drive, Sunnyhill, Derby, City Of Derby DE23 1LT	£3,141	78	3	Detached House
£168.5K	11/20	0.41 mi	60, Nevinson Avenue, Sunnyhill, Derby, City Of Derby DE23 1GW	£2,133	79	3	Semi-Detached House
£160K	02/21	0.41 mi	48, Mimosa Crescent, Sunnyhill, Derby, City Of Derby DE23 1WP	-	-	3	Semi-Detached House
£227K	06/23	0.43 mi	6, Littleover Lane, Derby, City Of Derby DE23 6JF	£2,248	101	3	Semi-Detached House
£177.2K	02/21	0.43 mi	10, Littleover Lane, Derby, City Of Derby DE23 6JF	£1,808	98	3	Semi-Detached House
£215K	11/20	0.44 mi	173, Village Street, Derby, City Of Derby DE23 8DF	£1,396	154	3	Terraced House
£230K	12/22	0.44 mi	415, Stenson Road, Derby, City Of Derby DE23 1HE	-	-	3	Semi-Detached House

Local Rents

27 rents from £795/mo to £1.1K/mo, average is £995/mo.

Rent	Date	Distance	Address	Beds	Type
£995	04/24	0.04 mi	-	3	Terraced House
£955	03/25	0.11 mi	-	3	Semi-Detached House
£895	04/24	0.13 mi	Underhill Close, Sunnyhill	3	Terraced House
£850	04/24	0.15 mi	-	3	Semi-Detached House
£850	04/24	0.15 mi	Blackmore Street, Derby, DE23	3	Semi-Detached House
£850	04/24	0.15 mi	Blackmore Street, Derby, DE23	3	Semi-Detached House
£1,050	01/25	0.15 mi	-	3	Semi-Detached House
£795	04/24	0.19 mi	Stenson Road, Sunnyhill, DE23	3	Flat
£1,100	03/24	0.24 mi	New Chestnut Place, Derby	3	Detached House
£995	04/24	0.25 mi	Sunnyhill Avenue, Sunnyhill	3	Semi-Detached House
£995	04/24	0.25 mi	Sunnyhill Avenue, Sunnyhill	3	Semi-Detached House
£1,100	02/25	0.26 mi	-	3	Semi-Detached House
£1,100	01/25	0.29 mi	-	3	Semi-Detached House
£975	04/24	0.31 mi	Stenson Road, DERBY	3	House
£1,100	03/24	0.37 mi	Nevinson Avenue, Sunnyhill	3	Semi-Detached House
£1,050	03/24	0.4 mi	Hartland Drive, Sunnyhill, Derby	3	Semi-Detached House
£995	02/25	0.42 mi	Mimosa Crescent, Sunnyhill, Derby, Derbyshire, DE23 1WP	3	Semi-Detached House
£925	02/24	0.42 mi	-	3	Semi-Detached House
£1,100	03/24	0.44 mi	Instow Drive, Sunnyhill, DERBY	3	Flat
£1,100	03/24	0.44 mi	Instow Drive, Sunnyhill	3	Detached House
£1,000	04/24	0.45 mi	Ashopton Avenue, DERBY	3	Semi-Detached House
£995	03/25	0.45 mi	-	3	Semi-Detached House
£950	04/24	0.52 mi	Birchwood Avenue, Littleover, DE23	3	Semi-Detached House
£1,150	03/25	0.58 mi	-	3	Semi-Detached House
£1,050	03/24	0.59 mi	Hayes Avenue, Derby, Derbyshire	3	Detached House
£1,100	01/25	0.61 mi	-	3	Semi-Detached House
£1,100	02/25	0.61 mi	-	3	Semi-Detached House

Local Area Statistics

Population in DE23	59,97959,979
Population in Derby	308,324308,324
Town centre distance	1.66 miles away1.66 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.77 miles away0.77 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-2%-2%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+22%+22%

Property History

Listed for £145,000

December 27, 2024

Sold for £76,500

2005

Sold for £34,250

2001

Sold for £29,950

1997

Floor Plans

Description

Three Bedrooms +
Private Enclosed Garden +
Downstairs Shower Room +
Popular Location +
Dining Room +

The Property
Purplebricks are delighted to bring to market this spacious Three Bedroom Property.

Calling all Landlords/Investors and First Time Buyers!

In short the property consists of, Entrance Hall, Shower Room, Utility, Kitchen, Dining Room and Lounge to the ground floor.
To the first floor there are three good sized bedrooms and family bathroom.
Outside of the property there property has a good sized enclosed rear garden which is easily maintainable.

This property is set in a popular location and close to local amentities.

Internal viewing is essential to appreciate the size of accommodation on offer.

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.