2 Bed Semi-Detached House, Cash/Bridging Only, Derby, DE21 6DJ, £75,000





ValuationUndervalued
Sold Prices | £75K - £265K |
Sold Prices/m² | £675/m² - £3.8K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £1.1K/m² |
Value Estimate | £77,250£77,250 |
BMV | 3% |
| |
End Value (After Refurb) | £145,168£145,168 |
Uplift in Value | +94%+94% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging LoanBridging Loan |
Deposit (25%) | £18,750£18,750 |
Stamp Duty & Legal Fees | £3,450£3,450 |
Refurb Costs | £27,537£27,537 |
Bridging Loan Interest | £1,969£1,969 |
Total Cash In | £53,456£53,456 |
| |
Cash Out | |
Monetisation | FlipRefinance & RentFlip |
Estimated Sale Price | £145,168£145,168 |
Agent Fees (1%) | £1,452£1,452 |
Bridging Loan | £56,250£56,250 |
Bridging Loan Interest | £1,969£1,969 |
Flip Profit | £34,010£34,010 |
Local Sold Prices
50 sold prices from £75K to £265K, average is £138.5K. £675/m² to £3.8K/m², average is £2.3K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£111K | 08/23 | 0 mi | 26, Cornwall Road, Derby, City Of Derby DE21 6DJ | - | - | 2 | Terraced House | |
£85K | 11/21 | 0.05 mi | 10, Clinton Street, Derby, City Of Derby DE21 6DH | - | - | 2 | Terraced House | |
£75K | 07/21 | 0.07 mi | 22, Walpole Street, Derby, City Of Derby DE21 6DP | £675 | 111 | 2 | Terraced House | |
£95.5K | 06/21 | 0.07 mi | 223, Nottingham Road, Derby, City Of Derby DE21 6AP | £1,291 | 74 | 2 | Terraced House | |
£100K | 11/21 | 0.07 mi | 241, Nottingham Road, Derby, City Of Derby DE21 6AP | £1,100 | 91 | 2 | Terraced House | |
£100K | 11/21 | 0.07 mi | 251, Nottingham Road, Derby, City Of Derby DE21 6AP | £1,449 | 69 | 2 | Terraced House | |
£107K | 02/23 | 0.08 mi | 287, Nottingham Road, Derby, City Of Derby DE21 6FP | £1,461 | 73 | 2 | Terraced House | |
£85K | 10/20 | 0.08 mi | 142, Nottingham Road, Derby, City Of Derby DE21 6AQ | £1,049 | 81 | 2 | Terraced House | |
£171K | 02/23 | 0.11 mi | 46, Lindsey Close, Derby, City Of Derby DE21 6DG | - | - | 2 | Detached House | |
£108.5K | 07/21 | 0.16 mi | 29, Francis Street, Derby, City Of Derby DE21 6DD | £1,323 | 82 | 2 | Terraced House | |
£105.5K | 10/21 | 0.16 mi | 6, Francis Street, Derby, City Of Derby DE21 6DB | - | - | 2 | Terraced House | |
£110K | 04/21 | 0.16 mi | 177, Nottingham Road, Derby, City Of Derby DE21 6AN | - | - | 2 | Terraced House | |
£152.5K | 12/22 | 0.2 mi | 56, Cumberland Avenue, Derby, City Of Derby DE21 6FL | - | - | 2 | Terraced House | |
£118K | 04/21 | 0.22 mi | 5a, Hillcrest Road, Derby, City Of Derby DE21 6FJ | £2,138 | 55 | 2 | Terraced House | |
£161.5K | 09/21 | 0.28 mi | 37, Shropshire Avenue, Derby, City Of Derby DE21 6EW | £2,125 | 76 | 2 | Detached House | |
£167.5K | 03/21 | 0.3 mi | 48, Shropshire Avenue, Derby, City Of Derby DE21 6EU | £2,428 | 69 | 2 | Detached House | |
£105K | 03/21 | 0.31 mi | 182, Wiltshire Road, Derby, City Of Derby DE21 6EZ | £2,234 | 47 | 2 | Terraced House | |
£177K | 04/23 | 0.32 mi | 2a, Roe Farm Lane, Derby, City Of Derby DE21 6ET | - | - | 2 | Detached House | |
£105K | 10/22 | 0.33 mi | 54, Somerset Street, Derby, City Of Derby DE21 6DY | £1,694 | 62 | 2 | Terraced House | |
£159.9K | 12/20 | 0.34 mi | 68, Suffolk Avenue, Derby, City Of Derby DE21 6ER | £2,580 | 62 | 2 | Detached House | |
£160K | 02/23 | 0.34 mi | 44, Suffolk Avenue, Derby, City Of Derby DE21 6ER | £2,424 | 66 | 2 | Semi-Detached House | |
£139.9K | 02/21 | 0.38 mi | 43, Mayfield Road, Chaddesden, Derby, City Of Derby DE21 6FX | £1,971 | 71 | 2 | Semi-Detached House | |
£195K | 01/21 | 0.38 mi | 5, Mayfield Road, Chaddesden, Derby, City Of Derby DE21 6FX | £2,671 | 73 | 2 | Detached House | |
£130K | 03/23 | 0.41 mi | 170, Cowsley Road, Derby, City Of Derby DE21 6EG | £1,882 | 69 | 2 | Semi-Detached House | |
£154K | 11/21 | 0.44 mi | 15, Hanbury Road, Chaddesden, Derby, City Of Derby DE21 6FT | £2,232 | 69 | 2 | Semi-Detached House | |
£185K | 05/23 | 0.44 mi | 15, Hanbury Road, Chaddesden, Derby, City Of Derby DE21 6FT | £2,681 | 69 | 2 | Semi-Detached House | |
£112.5K | 06/21 | 0.45 mi | 3, Norwich Street, Derby, City Of Derby DE21 6GN | £1,907 | 59 | 2 | Terraced House | |
£128.3K | 11/21 | 0.45 mi | 24, Norwich Street, Derby, City Of Derby DE21 6GN | - | - | 2 | Semi-Detached House | |
£180K | 08/23 | 0.46 mi | 57, Northwood Avenue, Chaddesden, Derby, City Of Derby DE21 6JH | £2,794 | 64 | 2 | Semi-Detached House | |
£147K | 06/21 | 0.46 mi | 69, Northwood Avenue, Chaddesden, Derby, City Of Derby DE21 6JH | £2,091 | 70 | 2 | Semi-Detached House | |
£135K | 02/21 | 0.47 mi | 29, Oakleigh Avenue, Chaddesden, Derby, City Of Derby DE21 6GZ | £2,755 | 49 | 2 | Semi-Detached House | |
£137K | 03/21 | 0.47 mi | 23, Oakleigh Avenue, Chaddesden, Derby, City Of Derby DE21 6GZ | £2,796 | 49 | 2 | Semi-Detached House | |
£175K | 02/23 | 0.5 mi | 14, Atlow Road, Chaddesden, Derby, City Of Derby DE21 6JG | £2,796 | 63 | 2 | Semi-Detached House | |
£135K | 12/22 | 0.52 mi | 12, Pembroke Street, Derby, City Of Derby DE21 6ED | £2,411 | 56 | 2 | Terraced House | |
£175K | 07/23 | 0.52 mi | 55, Madison Avenue, Chaddesden, Derby, City Of Derby DE21 6JA | £2,465 | 71 | 2 | Semi-Detached House | |
£166.1K | 09/21 | 0.52 mi | 25, Madison Avenue, Chaddesden, Derby, City Of Derby DE21 6HZ | - | - | 2 | Semi-Detached House | |
£265K | 02/21 | 0.53 mi | 11, Highfield Lane, Chaddesden, Derby, City Of Derby DE21 6PG | £3,786 | 70 | 2 | Detached House | |
£91K | 12/20 | 0.54 mi | 75, Radnor Street, Derby, City Of Derby DE21 6EB | £1,625 | 56 | 2 | Terraced House | |
£169.9K | 09/21 | 0.58 mi | 46, Reginald Road South, Chaddesden, Derby, City Of Derby DE21 6NF | £2,033 | 84 | 2 | Semi-Detached House | |
£180K | 05/23 | 0.58 mi | 3, Rushcliffe Avenue, Chaddesden, Derby, City Of Derby DE21 6NW | - | - | 2 | Semi-Detached House | |
£127.5K | 12/20 | 0.59 mi | 7, Aylesbury Avenue, Chaddesden, Derby, City Of Derby DE21 6JB | £1,903 | 67 | 2 | Semi-Detached House | |
£160K | 07/21 | 0.61 mi | 89, Chaddesden Park Road, Derby, City Of Derby DE21 6HL | £2,353 | 68 | 2 | Semi-Detached House | |
£150K | 03/21 | 0.63 mi | 4, The Crescent, Chaddesden, Derby, City Of Derby DE21 6QB | £2,381 | 63 | 2 | Detached House | |
£180K | 04/23 | 0.64 mi | 18, York Road, Chaddesden, Derby, City Of Derby DE21 6HS | £2,931 | 61 | 2 | Semi-Detached House | |
£135K | 10/21 | 0.65 mi | 33, The Crescent, Chaddesden, Derby, City Of Derby DE21 6QD | £2,700 | 50 | 2 | Semi-Detached House | |
£132K | 04/21 | 0.65 mi | 43, The Crescent, Chaddesden, Derby, City Of Derby DE21 6QD | £1,833 | 72 | 2 | Semi-Detached House | |
£170K | 05/23 | 0.67 mi | 33, Keyhaven Close, Derby, City Of Derby DE21 4SQ | £3,091 | 55 | 2 | Semi-Detached House | |
£129K | 10/21 | 0.67 mi | 17, Keyhaven Close, Derby, City Of Derby DE21 4SQ | £2,304 | 56 | 2 | Semi-Detached House | |
£147K | 08/21 | 0.67 mi | 31, Keyhaven Close, Derby, Derbyshire DE21 4SQ | £2,592 | 57 | 2 | Semi-Detached House | |
£200K | 01/23 | 0.67 mi | 28, Spinney Road, Chaddesden, Derby, City Of Derby DE21 6HW | £3,333 | 60 | 2 | Detached House |
Local Rents
11 rents from £665/mo to £925/mo, average is £820/mo.
Rent | Date | Distance | Address | Beds | Type | |
£895 | 12/24 | 0.09 mi | - | 2 | Semi-Detached House | |
£750 | 12/24 | 0.16 mi | Francis Street, DERBY | 2 | Terraced House | |
£665 | 12/24 | 0.2 mi | St. Marks Road, Chaddesden | 2 | Flat | |
£800 | 02/24 | 0.37 mi | - | 2 | Terraced House | |
£840 | 01/24 | 0.45 mi | - | 2 | Flat | |
£850 | 12/24 | 0.46 mi | Northwood Avenue, Chaddesden | 2 | Detached House | |
£825 | 12/24 | 0.47 mi | 23 Oakleigh Avenue, Chaddesden, Derby, DE21 6GZ | 2 | Detached House | |
£820 | 02/24 | 0.48 mi | - | 2 | Flat | |
£820 | 12/24 | 0.48 mi | Oaktree Apartments, Derby, DE21 | 2 | Flat | |
£820 | 12/24 | 0.48 mi | Oaktree Apartments, Derby, DE21 | 2 | Flat | |
£925 | 02/25 | 0.62 mi | - | 2 | Semi-Detached House |
Local Area Statistics
Population in DE21 | 57,02357,023 |
Population in Derby | 308,324308,324 |
Town centre distance | 1.18 miles away1.18 miles away |
Nearest school | 0.30 miles away0.30 miles away |
Nearest train station | 0.86 miles away0.86 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | 0%0% |
Sales demand | Seller's marketSeller's market |
Capital growth (5yrs) | +37%+37% |
Property History
Listed for £75,000
January 2, 2025
Floor Plans

Description
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Mid- Terrace Home +
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Two Bedrooms +
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Two Reception Rooms +
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Investment Opportunity +
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No Onward Chain +
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Council Tax Band A +
SUMMARY
AUCTION DATE: MONDAY 3rd FEBRUARY 2025
A traditional two bedroom mid-terrace home in Chaddesden with two reception rooms, galley kitchen, utility room and modern bathroom. Currently sold with tenants in situ so ideal buy-to-let investment. No onward chain
DESCRIPTION
A traditional two bedroom mid-terrace home in Chaddesden being well situated for the A52, A38 and City Centre and excellent access to Pride Park, London Road, A50 road networks. Benefiting from gas central heating and UPVC double glazing.
This property briefly comprising of a front lounge, inner hallway with door to cellar, dining room with stairs ascending to the first floor, galley kitchen with space for appliances and door into the garden, utility area, two double bedrooms (one with built-in wardrobes), modern bathroom with P-shaped bath & shower over, and finally the low-maintenance rear garden.
Currently sold with tenants in situ so ideal buy-to-let investment. No onward chain.
Lounge 11' 5" x 10' 10" ( 3.48m x 3.30m )
Dining Room 11' 4" x 10' 10" ( 3.45m x 3.30m )
Kitchen 9' 11" x 6' 3" ( 3.02m x 1.91m )
Utility Room 5' 6" x 4' 2" ( 1.68m x 1.27m )
Bedroom One 11' 5" x 10' 10" ( 3.48m x 3.30m )
Bedroom Two 11' 4" x 10' 10" ( 3.45m x 3.30m )
Bathroom 10' x 6' 3" ( 3.05m x 1.91m )
Auction Details
AUCTION DATE: MONDAY 3rd FEBRUARY 2025
BIDDER REGISTRATION: Please ensure you are registered to bid on the Barnard Marcus Auctions website by 2pm on Friday 31st January 2025
DOWNLOAD LEGAL DOCUMENTS FROM BARNARD MARCUS AUCTIONS WEBSITE
Online Underwriting
FOR SALE VIA THE MIDLANDS AUCTION CENTRE IN ASSOCIATION WITH BARNARD MARCUS AUCTIONS MONDAY 3RD FEBRUARY 2025 AT 9.00AM AT THE DE VERE GRAND CONNAUGHT ROOMS, 61-65 GREAT QUEEN STREET, COVENT GARDENS, LONDON WC2B 5DA. YOU CAN ALSO REGISTER FOR ONLINE BIDDING.
Conditions Of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendor's solicitors seven days prior to sale and the purchaser shall be deemed to have knowledge of the same whether inspected or not. Any questions relating to them must be raised prior to the auction. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn. The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.
Health & Safety Advice
Whilst the auctioneers make every effort to ensure the safety and security of viewers at lots, we have not carried out a detailed Health & Safety inspection of the lots in our auction and cannot therefore guarantee the safety and security of viewers. All persons attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds, outbuildings and boundaries. All unaccompanied inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers' risk.
*guide And Reserve Prices
Guide Price: An indication of the seller's current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Note
The auctioneers offer four ways to bid including internet, telephone, proxy, and live room bidding. Prospective purchasers will need to register to bid and pay a holding deposit before the sale commences by registering at Barnard Marcus Auctions website. We do not take credit card or cash deposits. The sale of each lot is subject to a documentation charge of £1,500 (including vat) payable on the fall of the hammer.
Guidance notes are set out in the catalogue in relation to auction lots, particularly from a purchasing perspective
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.
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