2 Bed Terraced House, Single Let, Derby, DE22 3FN, £165,000

Slack Lane, Derby, DE22 3FN - 3 months ago

Sold STC
BTL
~68 m²
+6 photos

ValuationOvervalued

Sold Prices£75K - £195K
Sold Prices/m²£1.2K/m² - £3.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.4K/m²

Value Estimate

£120,750

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£41,250

Stamp Duty & Legal Fees

£6,150

Total Cash In

£47,400

 

 

Cash Out

 

Rent Range

£98 - £1,196

Rent Estimate

£340

Running Costs/mo

£604

Cashflow/mo

£-264

Cashflow/yr

£-3,163

Gross Yield

2%

Local Sold Prices

50 sold prices from £75K to £195K, average is £127.3K. £1.2K/m² to £3.3K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£98K01/210.07 mi67, Brough Street, Derby, City Of Derby DE22 3EN2
£127K05/210.08 mi17, Findern Street, Derby, City Of Derby DE22 3DX2
£109K03/210.11 mi22, Howe Street, Derby, City Of Derby DE22 3ER2
£133K01/230.11 mi42, Slack Lane, Derby, City Of Derby DE22 3DY2
£142K12/220.11 mi79, Howe Street, Derby, City Of Derby DE22 3ES2
£87.5K03/210.13 mi8, Lloyd Street, Derby, City Of Derby DE22 3ET2
£138K11/200.14 mi59, Arnold Street, Derby, City Of Derby DE22 3EW2
£122K10/210.14 mi23, Arnold Street, Derby, Derbyshire DE22 3EW2
£130K07/210.14 mi65, Wild Street, Derby, City Of Derby DE1 1GP2
£93K08/210.15 mi18, Wild Street, Derby, City Of Derby DE1 1GN2
£100K03/230.16 mi8, Stanley Street, Derby, City Of Derby DE22 3GT2
£107K03/210.16 mi52, Stanley Street, Derby, City Of Derby DE22 3GT2
£85K11/200.17 mi46, Cobden Street, Derby, City Of Derby DE22 3GZ2
£137.5K03/210.18 mi74, Stanley Street, Derby, City Of Derby DE22 3GW2
£125K12/220.21 mi18, Handford Street, Derby, City Of Derby DE22 3GS2
£113K05/210.22 mi13, Langley Street, Derby, City Of Derby DE22 3GN2
£142K01/230.22 mi15, Handford Street, Derby, City Of Derby DE22 3GS2
£148K05/230.24 mi32, Radbourne Street, Derby, City Of Derby DE22 3HB2
£125K05/210.24 mi4, College Mews, Derby, City Of Derby DE1 1UT2
£125K10/200.24 mi13, College Mews, Derby, City Of Derby DE1 1UT2
£177K03/210.25 mi15, Cobden Street, Derby, City Of Derby DE22 3GX2
£85K11/200.27 mi41, Hoult Street, Derby, City Of Derby DE22 3NQ2
£118K05/210.27 mi53, Hoult Street, Derby, City Of Derby DE22 3NQ2
£165K12/210.28 mi42, Slater Avenue, Derby, City Of Derby DE1 1GT2
£135K07/210.29 mi42, Camden Street, Derby, City Of Derby DE22 3NR2
£111K07/210.29 mi31, Camden Street, Derby, City Of Derby DE22 3NR2
£138.5K01/230.3 mi75, Peel Street, Derby, City Of Derby DE22 3GJ2
£152.5K12/200.31 mi32a, Heyworth Street, Derby, City Of Derby DE22 3DL2
£127.5K02/210.32 mi59, Manchester Street, Derby, City Of Derby DE22 3GD2
£123K10/200.32 mi45, Manchester Street, Derby, City Of Derby DE22 3GD2
£160K09/210.32 mi42, Ponsonby Terrace, Derby, City Of Derby DE1 1DT2
£157.3K02/230.33 mi7, Bedford Street, Derby, City Of Derby DE22 3PB2
£75K03/210.33 mi32, Bedford Street, Derby, City Of Derby DE22 3PB2
£145K03/230.33 mi10, Bedford Street, Derby, City Of Derby DE22 3PB2
£110.5K11/200.36 mi61, Upper Boundary Road, Derby, City Of Derby DE22 3NU2
£97K03/210.37 mi6, Ashbourne Court, Derby, City Of Derby DE1 1GH2
£117.5K08/210.37 mi22, Crosby Street, Derby, City Of Derby DE22 3NY2
£144K03/230.37 mi22, Cross Street, Derby, City Of Derby DE22 3FZ2
£120K12/200.37 mi5, Cross Street, Derby, Derbyshire DE22 3FZ2
£145K04/230.37 mi26, Cross Street, Derby, City Of Derby DE22 3FZ2
£133.7K09/210.38 mi2, Merchant Street, Derby, City Of Derby DE22 3AN2
£132.5K10/210.38 mi5, Shaw Street, Derby, Derbyshire DE22 3AS2
£145K01/210.38 mi6, Shaw Street, Derby, City Of Derby DE22 3AS2
£165K12/210.39 mi18, Plimsoll Street, Derby, City Of Derby DE22 3DF2
£125K12/220.39 mi5, Cross Street, Derby, City Of Derby DE22 3FZ2
£195K03/230.39 mi22, York Street, Derby, City Of Derby DE1 1FZ2
£108K06/210.4 mi11, Olive Street, Derby, Derbyshire DE22 3RH2
£165K12/220.41 mi18, Shaws Green, Derby, City Of Derby DE22 3HF2
£127K06/210.41 mi1, Buckland Close, Derby, City Of Derby DE1 1EN2
£133.5K04/220.41 mi3, Buckland Close, Derby, City Of Derby DE1 1EN2

Local Rents

50 rents from £98/mo to £1.2K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£85003/240.04 mi-2
£85012/240.04 mi-2
£82512/240.06 mi-2
£75001/240.06 mi-2
£45512/240.06 miPeach Street2
£45512/240.09 miFindern Street, Derby, 2
£77512/240.09 miFindern Street, Derby2
£91003/250.09 mi-2
£80012/240.12 miArnold Street, DERBY2
£82512/240.12 mi2 Bedroom Terraced House, Howe Street, Derby Centre2
£37512/240.13 miStables Street, Derby, 2
£38512/240.13 miStables Street, Derby , 2
£99703/240.15 miWild Street, Derby, Derbyshire, DE1 1GP2
£82504/240.15 miWild Street, DERBY2
£86703/240.16 miWild Street, Derby, Derbyshire, DE12
£68004/240.16 miWild Street2
£67212/240.17 miCobden Street2
£9804/240.19 miFlat, Derby2
£79503/240.2 miGranville Street, Derby2
£41212/240.2 miStudent Property 24 - 252
£77512/240.21 mi-2
£92503/240.21 miGreat Northern Road, Derby2
£63012/240.22 miHandford Street, Derby, 2
£47712/240.22 miStudent Property 24-252
£78002/250.23 mi-2
£82512/240.24 mi-2
£82512/240.24 miRowditch Place, Derby, Derbyshire, DE222
£85012/240.25 miRadbourne Street, Derby, DE22 3HD2
£1,10512/240.25 miRadbourne Street, Derby2
£95003/250.26 mi-2
£87503/250.27 mi-2
£53512/240.27 miCamden Street, Derby, 2
£85002/240.28 mi-2
£80001/250.29 mi-2
£80004/250.29 mi-2
£80002/240.29 mi-2
£75002/240.29 mi-2
£75003/240.29 mi-2
£78504/250.29 mi-2
£79012/240.29 miFrederick Street , Derby, 2
£87501/250.3 mi-2
£38512/240.31 miMorley Street, Derby, 2
£95012/240.31 miLonsdale Place, DERBY2
£80012/240.32 miVicarage Place, Ashbourne Road, Derby, DE22 3TU2
£75012/240.32 miVicarage Place, Ashbourne Road, DE22 3TU2
£39512/240.32 miManchester Street, Derby, 2
£1,19612/240.32 miManchester Street, Derby, Derbyshire, DE222
£79512/240.32 miThe Maltings, Derby, DE22 3AU2
£1,00012/240.32 mi-2
£1,00004/250.32 mi-2

Local Area Statistics

Population in DE22

46,001

Population in Derby

308,324

Town centre distance

1.12 miles away

Nearest school

0.20 miles away

Nearest train station

1.52 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+2%

Sales demand

Seller's market

Capital growth (5yrs)

+15%

Property History

Listed for £165,000

January 3, 2025

Floor Plans

Description

  • 2 Bedrooms +
  • Mid Terraced Home +
  • 2 Off Road Parking Spaces +
  • Conservatory +
  • Freehold +
  • Perfect for FTB, Investor or Downsizing +
  • Close to City Centre +
  • Vacant Possession +
  • Standard Brick Construction +
  • No Onward Chain +

A well presented, two bedroom, mid terrace home. The home is well situated with great transport links and off road parking. The property briefly comprises of kitchen, lounge/diner, conservatory and W.C to the ground floor. To the first floor two good sized bedrooms and family bathroom. Outside the property is a rear, enclosed garden with patio & shed, two parking spaces to the side and on street parking to the front.  Material Information:  EPC rating: C. Tenure: Freehold,

Agent Details

Northwood, Derby

01332 215583

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪