2 Bed Flat, Single Let, Derby, DE1 3LG £170,000

Middle Mill, Brookbridge Court, Derby, DE1 3LG - 7 views - a year ago
Sold STC
Leasehold
BTL
ROI: 2%
~68 m²
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+7 photos

ValuationOvervalued

Sold Prices£38K - £225K
Sold Prices/m²£679/m² - £3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.5K/m²

Value Estimate

£114,683

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£6,300

Total Cash In

£48,800

 

 

Cash Out

 

Rent Range

£520 - £2,850

Rent Estimate

£778

Running Costs/mo

£707

Cashflow/mo

£71

Cashflow/yr

£854

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £38K to £225K, average is £118K. £679/m² to £3K/m², average is £1.9K/m².

Price
Date
Distance
Address
Beds
 
£150.3K04/250.03 mi21, Longs Mill Brookbridge Court, Brook Street, Derby DE1 3LG2
£150.3K04/250.03 mi21, Longs Mill Brookbridge Court, Brook Street, Derby DE1 3LG2
£146K08/220.03 miLongs Mill Brookbridge Court, 23, Brook Street, Derby DE1 3LG2
£174K11/240.04 miWeavers Point, 9, Lodge Lane, Derby DE1 3HE2
£174K11/240.04 mi9, Weavers Point, Lodge Lane, Derby DE1 3HE2
£143K12/220.06 mi100, Bridge Street, Derby, City Of Derby DE1 3LF2
£127.5K07/210.08 miApartment 2, Westpoint, Brook Street, Derby, City Of Derby DE1 3TE2
£101.5K06/240.13 miCentro West, 50, Searl Street, Derby DE1 1BW2
£85K10/210.15 mi12, Nuns Street, Derby, City Of Derby DE1 3LL2
£160K05/240.19 miWestgate, Flat 21, Mill Street, Derby DE1 1DH2
£47.5K10/240.22 miMillers Court, 5, Edward Street, Derby DE1 3BN2
£90K05/250.22 mi5, Millers Court, Edward Street, Derby DE1 3BN2
£122K01/250.24 miApartment 3, Hawthorn House, North Street, Derby DE1 3AZ2
£122K01/250.24 miApartment 3, Hawthorn House, North Street, Derby DE1 3AZ2
£157K11/240.26 miThe School Yard, 8, Edward Street, Derby DE1 3BL2
£157K11/240.26 mi8, The School Yard, Edward Street, Derby DE1 3BL2
£110K03/250.26 mi11, Leaper Street, Derby DE1 3ND2
£42K11/220.27 miFlat 33, Eaton Court, Leaper Street, Derby, City Of Derby DE1 3NX2
£135K06/250.27 mi26, Mill Gate, Ashbourne Road, Derby DE22 3EB2
£135K06/250.27 mi26, Mill Gate, Ashbourne Road, Derby DE22 3EB2
£140K03/230.28 miFirst Floor Flat, 3, Friary Street, Derby, City Of Derby DE1 1JF2
£75K09/240.28 mi5, St Annes Close, Derby DE1 3NE2
£97.5K10/240.31 mi26, St Marys Court, Derby DE1 3DD2
£163.5K07/250.32 mi2b, Belper Road, Derby DE1 3EN2
£130K08/250.36 mi14, Melton Court Apartments, Ashbourne Road, Derby DE22 3BF2
£123K03/250.36 miFlat 30, Parkland View, Bath Street, Derby DE1 3FG2
£123K03/250.36 miFlat 30, Parkland View, Bath Street, Derby DE1 3FG2
£110K04/240.37 miParkland View, Flat 36, Bath Street, Derby DE1 3FG2
£48K09/210.38 miFlat 27, Great Northern Point, Great Northern Road, Derby, City Of Derby DE1 1LZ2
£85K06/210.38 miFlat 5, Great Northern Point, Great Northern Road, Derby, City Of Derby DE1 1LZ2
£118K06/240.38 miParkland View, Flat 81, Bath Street, Derby DE1 3FG2
£114K01/230.38 miApartment 1, Waterside House, Duke Street, Derby, City Of Derby DE1 3BA2
£116K07/240.39 miAlexandra Mill, 31, Great Northern Road, Derby DE1 1LW2
£42.5K09/220.39 miFlat 5, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW2
£111K07/220.39 miFlat 41, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW2
£129K10/240.39 mi7 Derby Riverside, Apartment 21, Stuart Street, Derby DE1 2EB2
£126.3K12/240.4 miApartment 14, 7 Derby Riverside, Stuart Street, Derby DE1 2EB2
£126.3K12/240.4 miApartment 14, 7 Derby Riverside, Stuart Street, Derby DE1 2EB2
£38K04/230.4 miFlat 31, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW2
£110K06/240.4 miRowleys Mill, 26, Uttoxeter New Road, Derby DE22 3TJ2
£112K05/240.44 miCity Walk, 5, City Road, Derby DE1 3QD2
£116K05/210.44 mi27, City Walk, Derby, City Of Derby DE1 3QD2
£110K11/240.47 mi45, Arthur Hind Close, Derby DE22 1HS2
£110K11/240.47 mi45, Arthur Hind Close, Derby DE22 1HS2
£105K01/250.54 miFlat 10, The Maltings, Manchester Street, Derby DE22 3AU2
£105K01/250.54 miFlat 10, The Maltings, Manchester Street, Derby DE22 3AU2
£118K07/250.55 miFlat 12, 2 The Maltings, Manchester Street, Derby DE22 3AU2
£90K07/220.58 miFlat 14, Swinscoe House, Rosengrave Street, Derby, City Of Derby DE1 1PS2
£225K03/250.6 mi3, Friarsfield, Burleigh Drive, Derby DE22 1AL2
£225K03/250.6 mi3, Friarsfield, Burleigh Drive, Derby DE22 1AL2

Local Rents

50 rents from £520/mo to £2.9K/mo, average is £885/mo.

Rent
Date
Distance
Address
Beds
 
£2,00005/250.02 mi-2
£2,85010/250.02 mi-2
£89506/250.02 miLongs Mill, Brookbridge Court, Derby, Derbyshire, DE1 3LG2
£1,20009/250.02 mi-2
£1,20008/250.02 miBrook Street, Derby, DE12
£1,20009/250.02 miBrook Street, Derby, DE12
£85008/250.03 miBrook Street, Derby, DE12
£66008/250.03 miMiddle Mill, Brookbridge Court, Derby, DE1 3LG2
£83003/240.03 miBrook Street, Derby, DE12
£87508/250.03 miMiddle Mill, Brook Street, Derby2
£82507/250.03 miMiddle Mill, Brookbridge Court2
£95008/250.03 miBrookbridge Court, DERBY2
£75006/250.03 miLongs Mill, Derby, City Centre, DE12
£75006/250.03 miBrookbridge Court, Derby, DE12
£85005/250.03 miAbels Mill, Brookbridge Court, Derby, DE12
£80007/250.03 miMiddle Mill, Brookbridge Court, Derby DE1 3LG2
£79508/250.03 miAbels Mill, Brookbridge Court, Derby, DE12
£95011/250.03 miBrookbridge Court, Derby, DE12
£75007/250.04 miBrookbridge Court, Derby, DE12
£90007/250.04 miBrookbridge Court, Derby, DE12
£99504/240.04 miAbels Mill, Brookbridge Court, Derby2
£1,10012/240.04 mi-2
£85003/250.04 mi-2
£1,10007/250.04 mi-2
£85010/250.04 mi-2
£1,10009/250.04 mi-2
£2,15003/240.04 mi-2
£2,15003/240.04 mi-2
£2,40007/240.04 mi-2
£2,40008/240.04 mi-2
£2,15008/240.04 mi-2
£2,40001/250.04 mi-2
£2,40001/250.04 mi-2
£85003/240.04 miBrook House, Brook Street, Derby2
£87503/240.04 miBrook Street, Derby, Derbyshire, DE12
£72508/250.04 miBrook House 19 Brook Street2
£95008/250.04 miBrook Street, Derby2
£85005/240.04 miBrook Street, DE12
£82505/240.04 miBrook Street, DERBY2
£95007/250.04 miBrook Street, DERBY2
£85007/250.04 miBrook Street, DERBY2
£85008/250.04 miBrook Street, Derby, DE12
£85010/250.04 miBrook Street, Derby2
£85010/250.04 miBrook Street, Derby, DE12
£99710/250.04 miBrook Street, Derby2
£52011/250.04 miBrook Street, Derby, DE12
£99508/250.04 miWeavers Point, Lodge Lane, Derby, Derbyshire, DE1 3HE2
£61008/250.04 miBrook Street, Derby2
£80011/250.04 miBrook House, 19 Brook Street, Derby, DE12
£90008/250.04 miWeavers Point, Lodge Lane, Derby2

Local Area Statistics

Population in DE1

14,046

Population in Derby

308,324

Town centre distance

0.86 miles away

Nearest school

0.10 miles away

Nearest train station

1.11 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+9%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Listed for £170,000

January 7, 2025

Floor Plans

Property image

Description

  • Most Spacious First Floor Apartment in Historic Mill Building +
  • Stylish Presentation - Stunning Interior Designed Apartment +
  • High Specification & Quality Finish +
  • First Floor - Private Landing Area with Lift +
  • Superb Open Plan Living Dining Room +
  • Beautiful Contemporary Kitchen with Quality Integrated Appliances +
  • Two Spacious Double Bedrooms & Contemporary Shower Room +
  • Secure Gated Development with Allocated Parking Space +
  • Highly Convenient City Centre Location close to Derby University Sites +
  • No Chain Involved +

STUNNING INTERIOR DESIGNED APARTMENT SET IN HISTORIC MILL - A most spacious first floor apartment, located within Middle Mill, a beautiful Grade II Listed former mill building. This is apartment has been comprehensively upgraded to a most stylish theme with a standard of specification that really has to be viewed to be appreciated. This beautiful apartment has its own private landing with lift access and is set within the secure gated and award winning 'Brookbridge Court' development, an impressive former Mill sympathetically restored by Messrs. Thomas Fisher and Son in 2004, to a Heritage Trust specification and situated within this most convenient City Centre location.

The Detail - A truly beautiful and most spacious first floor apartment is set within the secure gated and award winning 'Brookbridge Court' development, an impressive former Mill sympathetically restored by Messrs. Thomas Fisher and Son in 2004, to a Heritage Trust specification and situated within this most convenient City Centre location.

This apartment offers around 840 square feet of living accommodation with a combination boiler gas central heating system and many character features including tall period windows, column radiators, exposed brick and steel.

The most stylish living accommodation that has been interior designed with a level of specification and detail that really has to be viewed to be fully appreciated. The apartment has its own private landing with lift access. There is a beautiful open plan layout with spacious living dining area fitted with engineered oak floor and open plan access to a stunning contemporary kitchen with dark matt black finish units with solid oak worksurfaces and breakfast bar. The kitchen offers a range of quality AEG integrated appliances and includes electric oven, induction hob, tall integrated fridge freezer, dishwasher and washing machine.

The property offers two spacious double bedrooms with the primary bedroom offering beautiful bespoke built in wardrobes. There is also a stylish contemporary shower room with white three piece suite and underfloor heating.

The secure gated car park has remote control gates and the apartment has an allocated parking space.

The furniture and various fittings are available via separate negotiation.

The Location - The property's sought after location, a short walk away from Derby city centre, offers easy access to a full range of services including comprehensive shopping facilities with major retailers being located in the Derbion Shopping Centre. The Cathedral Quarter offers a range of independent shops and boutiques and includes Sadler Gate and Irongate. The vibrant Friar Gate Quarter is the place to be for those who enjoy relaxing and indulging in stylish restaurants.

An excellent range of leisure facilities are also within easy access including the leisure centre on Queen Street, the truly delightful Darley Park which borders the River Derwent and thus offering some spectacular scenery for keen walkers. Alternatively Markeaton Park with its small golf course, cricket ground and tennis courts is ideal for those with sporting interests.

There are excellent transport links nearby with Derby's inner ring road providing access to the A52 and A38 which link to the M1 motorway and A50 which in turn provide swift onward travel to other regional centres including Nottingham, Stoke, Burton upon Trent and East Midlands International Airport.

Lease & Service Charges - Service Charge in the year marketing commenced: £1,599.36 per annum

Property Tenure is Leasehold. Term : 990 years from 2004 - Term remaining 970 years.

Agent Details

Curran Birds + Co, Derby

01332 959030

Next Steps?

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