2 Bed Detached House, Single Let, Derby, DE73 5AR, £180,000

Cordelia Way, Chellaston, Derby, Derbyshire, DE73 5AR - 1 views - 3 months ago

Sold STC
BTL
ROI: 1%
~68 m²
+12 photos

ValuationFair Value

Sold Prices£110K - £325K
Sold Prices/m²£1.4K/m² - £3.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.6K/m²

Value Estimate

£181,887

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£6,600

Total Cash In

£51,600

 

 

Cash Out

 

Rent Range

£725 - £925

Rent Estimate

£795

Running Costs/mo

£742

Cashflow/mo

£54

Cashflow/yr

£642

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £110K to £325K, average is £169K. £1.4K/m² to £3.8K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£174K08/220.06 mi15, Falstaff Court, Chellaston, Derby, City Of Derby DE73 5BA2
£150K09/220.07 mi5, Montague Way, Chellaston, Derby, City Of Derby DE73 5AS2
£174.9K01/230.09 mi30, Alonso Close, Chellaston, Derby, City Of Derby DE73 5AX2
£155K10/200.09 mi56, Alonso Close, Chellaston, Derby, City Of Derby DE73 5AX2
£157K05/210.09 mi28, Alonso Close, Chellaston, Derby, City Of Derby DE73 5AX2
£148K04/210.11 mi22, Mill Moor Close, Chellaston, Derby, City Of Derby DE73 5QL2
£157K09/230.19 mi1, Lincoln Green, Chellaston, Derby, City Of Derby DE73 5QP2
£185K07/230.19 mi47, Hollymoor Drive, Chellaston, Derby, City Of Derby DE73 5QF2
£140K10/200.19 mi52, Hollymoor Drive, Chellaston, Derby, City Of Derby DE73 5QF2
£139.9K10/200.19 mi33, Thurstone Furlong, Chellaston, Derby, City Of Derby DE73 5PZ2
£170K09/230.19 mi17, Thurstone Furlong, Chellaston, Derby, City Of Derby DE73 5PZ2
£155K08/220.2 mi15, Thurstone Furlong, Chellaston, Derby, City Of Derby DE73 5PZ2
£160K01/210.23 mi8, Middlebeck Close, Chellaston, Derby, City Of Derby DE73 5QN2
£235K04/210.25 mi4, Penhaligans Close, Chellaston, Derby, City Of Derby DE73 5QG2
£141K08/230.26 mi130, Parkway, Chellaston, Derby, City Of Derby DE73 5QA2
£260K09/220.27 mi210, Derby Road, Chellaston, Derby, City Of Derby DE73 6RQ2
£244K07/230.32 mi3, Groves Nook, Chellaston, Derby, City Of Derby DE73 5QH2
£155K12/200.32 mi7, Groves Nook, Chellaston, Derby, City Of Derby DE73 5QH2
£160.5K11/200.32 mi6, Groves Nook, Chellaston, Derby, City Of Derby DE73 5QH2
£165K09/210.32 mi5, Groves Nook, Chellaston, Derby, City Of Derby DE73 5QH2
£125K04/210.32 mi7, Small Meer Close, Chellaston, Derby, City Of Derby DE73 5QQ2
£125K08/210.32 mi19, Small Meer Close, Chellaston, Derby, City Of Derby DE73 5QQ2
£193K11/230.32 mi36, Lockington Close, Chellaston, Derby, City Of Derby DE73 6XD2
£158K01/210.32 mi20, Lockington Close, Chellaston, Derby, City Of Derby DE73 6XD2
£190K06/230.32 mi28, Lockington Close, Chellaston, Derby, City Of Derby DE73 6XD2
£260K09/210.32 mi4, Birchfield Close, Chellaston, Derby, City Of Derby DE73 6SS2
£179.5K11/220.33 mi10, Rose Close, Chellaston, Derby, City Of Derby DE73 5XP2
£158K05/210.33 mi12, Rose Close, Chellaston, Derby, City Of Derby DE73 5XP2
£174K11/220.33 mi14, Rose Close, Chellaston, Derby, City Of Derby DE73 5XP2
£178K08/210.33 mi27, Hoveton Close, Shelton Lock, Derby, City Of Derby DE24 9QH2
£145K05/210.33 mi17, Hoveton Close, Shelton Lock, Derby, City Of Derby DE24 9QH2
£193K03/230.33 mi14, Hoveton Close, Shelton Lock, Derby, City Of Derby DE24 9QH2
£168K12/220.36 mi271, Chellaston Road, Derby, City Of Derby DE24 9EG2
£115K12/200.36 mi10, Maple Drive, Chellaston, Derby, City Of Derby DE73 6RD2
£150K12/200.36 mi17, Davids Close, Chellaston, Derby, City Of Derby DE73 5SY2
£138K03/210.37 mi9, Newbold Close, Chellaston, Derby, City Of Derby DE73 6RY2
£315K01/230.4 mi3, Edge Hill, Chellaston, Derby, City Of Derby DE73 6RP2
£155K08/230.4 mi1, Simcoe Leys, Chellaston, Derby, City Of Derby DE73 6XL2
£181.5K04/230.4 mi66, Simcoe Leys, Chellaston, Derby, City Of Derby DE73 6XL2
£180K09/230.4 mi52, Simcoe Leys, Chellaston, Derby, City Of Derby DE73 6XL2
£207.5K02/210.41 mi5, Chestnut Avenue, Chellaston, Derby, City Of Derby DE73 6RW2
£215K02/230.42 mi9, Chestnut Avenue, Chellaston, Derby, City Of Derby DE73 6RW2
£325K08/210.42 mi19, Station Road, Chellaston, Derby, City Of Derby DE73 5SU2
£240K03/210.45 mi52, Weston Park Avenue, Shelton Lock, Derby, City Of Derby DE24 9EQ2
£110K07/230.45 mi20, Weston Park Avenue, Shelton Lock, Derby, City Of Derby DE24 9EQ2
£195K08/230.46 mi8, Station Close, Chellaston, Derby, City Of Derby DE73 5SZ2
£140K10/200.48 mi2, Langsett Drive, Chellaston, Derby, City Of Derby DE73 6XG2
£220K09/210.52 mi21, Woodminton Drive, Chellaston, Derby, City Of Derby DE73 6RZ2
£315K10/220.6 mi29, Chapel Lane, Chellaston, Derby, City Of Derby DE73 6TJ2
£215K12/210.61 mi27, Green Avenue, Chellaston, Derby, City Of Derby DE73 6TE2

Local Rents

11 rents from £725/mo to £925/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£79504/240.09 miAlonso Close, Chellaston2
£85002/250.1 mi-2
£72503/240.11 miPrestwick Way, Chellaston, Derby, DE732
£85012/240.14 mi-2
£79503/240.19 miThurstone Furlong, Chellaston2
£87503/240.32 miRose Close, Chellaston, Derby, Derbyshire, DE73 5XP2
£80003/240.32 miLockington Close, Chellaston2
£85003/240.4 miSimcoe Leys, Chellaston, Derby2
£82503/240.4 miSimcoe Leys, Chellaston2
£85003/240.52 miGreen Avenue, Chellaston, Derby, DE73 6TE2
£92512/240.55 miHickling Close, Shelton Lock, Derby2

Local Area Statistics

Population in DE73

19,040

Population in Derby

308,324

Town centre distance

3.15 miles away

Nearest school

0.30 miles away

Nearest train station

2.07 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+20%

Sales demand

Seller's market

Capital growth (5yrs)

+24%

Property History

Listed for £180,000

January 2, 2025

Sold for £120,000

2006

Floor Plans

Description

  • Detached coach house +
  • Two double bedrooms +
  • Bathroom and en-suite bathroom +
  • Open plan lounge diner kitchen +
  • Off street parking and garage +
  • Gas central heating +
  • Double glazing +
  • No upward chain +
  • Ideal first time buy or buy to let investment +

IDEAL BUY TO LET, TWO DOUBLE BEDROOMS, TWO BATHROOMS AND GARAGE
A unique, detached well presented and spacious coach house offering two bedrooms, en-suite bathroom, open plan lounge diner kitchen, off street parking and garage, being sold with no upward chain. Positioned within a courtyard, this ideal first time buy or buy to let investment opportunity benefits from gas central heating, double glazing, ample storage space and a freehold title. This property is ideally located for Rolls Royce, A50 and the M1. To ground floor there is an entrance hall with stairs to the first floor. On the first floor there is a landing with useful storage cupboard and double doors to the living space. The large open plan lounge diner kitchen with windows to both the front and rear has a kitchen area with a breakfast bar. There is two double bedrooms, the master benefitting from a built-in double wardrobe and a en-suite bathroom. There is then an additional bathroom with a three piece suite in white. To the front there is a driveway leading to the garage which benefits from power and lighting and has a understairs storage cupboard. Viewing is essential.

Agent Details

Frank Innes, Derby

01332 215488

Next Steps?

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