2 Bed Terraced House, Single Let, Derby, DE23 8TE, £130,000

Randolph Road, Derby, DE23 8TE - 3 months ago

BTL
ROI: 5%
~68 m²
+10 photos

ValuationOvervalued

Sold Prices£45.1K - £167K
Sold Prices/m²£543/m² - £2.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.9K/m²

Value Estimate

£89,428

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£5,100

Total Cash In

£37,600

 

 

Cash Out

 

Rent Range

£700 - £950

Rent Estimate

£716

Running Costs/mo

£569

Cashflow/mo

£147

Cashflow/yr

£1,759

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £45.1K to £167K, average is £103.5K. £543/m² to £2.5K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£112.8K06/230.06 mi24, Chatham Street, Derby, City Of Derby DE23 8TH2
£125K05/210.08 mi254, St Thomas Road, Derby, City Of Derby DE23 8SY2
£83K11/200.09 mi128, Cameron Road, Derby, City Of Derby DE23 8RS2
£83K11/200.09 mi128, Cameron Road, Derby, City Of Derby DE23 8RS2
£90K03/210.12 mi36, Brunswick Street, Derby, Derbyshire DE23 8TP2
£120K06/230.13 mi100, Sutherland Road, Derby, City Of Derby DE23 8RW2
£115K12/220.18 mi50, Newdigate Street, Derby, City Of Derby DE23 8UY2
£150K11/220.2 mi72, Balfour Road, Derby, City Of Derby DE23 8UN2
£120K05/230.22 mi134, Rutland Street, Derby, City Of Derby DE23 8PS2
£112.5K02/230.22 mi44, Middleton Street, Derby, City Of Derby DE23 8QJ2
£125K10/210.22 mi2, Laurel Bank, Derby, City Of Derby DE23 8UE2
£100K11/210.22 mi9, Laurel Bank, Derby, Derbyshire DE23 8UE2
£167K11/220.23 mi23, Underhill Avenue, Derby, City Of Derby DE23 8WD2
£75K01/210.24 mi75, Violet Street, Derby, City Of Derby DE23 8SR2
£83K08/230.25 mi115, Portland Street, Derby, City Of Derby DE23 8QD2
£145K06/230.26 mi49, Stenson Road, Derby, City Of Derby DE23 1JD2
£84K04/210.27 mi91, Harrington Street, Pear Tree, Derby, City Of Derby DE23 8PB2
£125K03/230.27 mi67, Harrington Street, Pear Tree, Derby, City Of Derby DE23 8PB2
£90K12/200.29 mi40, Goodale Street, Derby, City Of Derby DE23 8QE2
£107.5K06/210.3 mi78, Vincent Street, Derby, City Of Derby DE23 8BU2
£102K01/210.3 mi12, Birdwood Street, Derby, City Of Derby DE23 8BW2
£65K11/200.3 mi100, Crewe Street, Derby, Derbyshire DE23 8QP2
£151K06/230.31 mi121, Peartree Crescent, Derby, City Of Derby DE23 8RQ2
£115K04/210.31 mi89, Peartree Crescent, Derby, City Of Derby DE23 8RQ2
£89K11/200.32 mi14, Lewis Street, Derby, City Of Derby DE23 8BX2
£99K11/200.32 mi14, Willn Street, Derby, City Of Derby DE23 8QS2
£135K11/200.33 mi4, Park Hill Drive, Derby, City Of Derby DE23 8AA2
£105K07/210.34 mi56, Lewis Street, Derby, City Of Derby DE23 8BY2
£45.1K12/210.34 mi66, Lewis Street, Derby, City Of Derby DE23 8BY2
£153K09/210.34 mi5, Park Hill Drive, Derby, City Of Derby DE23 8AA2
£144K05/230.35 mi155, Upper Dale Road, Derby, City Of Derby DE23 8BP2
£130K07/210.36 mi128, Balfour Road, Derby, City Of Derby DE23 8UQ2
£78K03/210.37 mi93, Princes Street, Derby, City Of Derby DE23 8NS2
£79K03/210.37 mi57, Princes Street, Derby, Derbyshire DE23 8NS2
£72.5K11/200.38 mi8, Hastings Street, Derby, City Of Derby DE23 6QQ2
£116K02/230.41 mi17, Rutland Street, Derby, City Of Derby DE23 8PQ2
£75K09/210.42 mi23, Holcombe Street, Derby, City Of Derby DE23 8HZ2
£114K02/230.43 mi10, Holcombe Street, Derby, City Of Derby DE23 8HZ2
£100K09/210.43 mi74, Clarence Road, Derby, City Of Derby DE23 6LQ2
£82K10/200.45 mi58, Dale Road, Derby, City Of Derby DE23 6QW2
£157K06/230.45 mi43, Richmond Road, Derby, City Of Derby DE23 8PY2
£116K02/210.45 mi115, Dairyhouse Road, Derby, City Of Derby DE23 8HQ2
£88K03/210.46 mi42, Stanton Street, Derby, City Of Derby DE23 6ND2
£92K01/210.46 mi20, Almond Street, Derby, City Of Derby DE23 6LW2
£78K03/210.46 mi217, Shaftesbury Crescent, Derby, City Of Derby DE23 8NA2
£75K05/210.46 mi211, Shaftesbury Crescent, Derby, City Of Derby DE23 8NA2
£125K07/230.49 mi139, Leacroft Road, Derby, City Of Derby DE23 8HY2
£105K03/210.49 mi111, Leacroft Road, Derby, City Of Derby DE23 8HY2
£60K09/210.6 mi17, Fleet Street, Derby, City Of Derby DE23 8GU2
£87K01/230.6 mi51, Cummings Street, Derby, City Of Derby DE23 6WX2

Local Rents

43 rents from £700/mo to £950/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£79512/240.07 mi-2
£72503/240.08 miSackville Street, Derby2
£79502/250.09 mi-2
£75003/240.12 miBrunswick Street 2
£85002/240.13 mi-2
£85012/240.13 mi-2
£87512/240.13 mi-2
£87501/250.13 mi-2
£85002/250.13 mi-2
£85002/250.13 mi-2
£85002/250.13 mi-2
£87002/250.13 mi-2
£87502/250.13 mi-2
£82003/250.17 mi-2
£82003/250.17 mi-2
£82511/240.18 mi-2
£77503/240.18 miNewdigate Street,2
£77504/240.18 miNewdigate Street,2
£75003/240.2 miBalfour Road, Derby, Derbyshire, DE232
£72503/240.2 miBalfour Road, Derby2
£73503/250.24 mi-2
£87001/240.26 mi-2
£87004/240.26 mi-2
£89001/250.26 mi-2
£89001/250.26 mi-2
£85012/240.31 mi-2
£79504/240.32 miLewis Street, Derby2
£80003/240.36 miSt. James Road, DERBY2
£95005/240.36 mi-2
£75002/250.4 mi-2
£87512/240.4 miRutland Street2
£89001/240.4 mi-2
£80001/250.42 mi-2
£80011/240.43 mi-2
£70003/240.44 miBelvoir Street, Derby, Derbyshire2
£85003/240.46 miAlmond Street2
£87503/250.5 mi-2
£82503/240.51 miShaftesbury Crescent, DERBY2
£77503/240.51 miShaftesbury Crescent, Derby, DE23 8LZ2
£90012/240.59 mi-2
£85004/240.6 miDarby Street, Derby, DE232
£85004/240.6 miDarby Street, Derby, DE232
£85005/240.6 mi-2

Local Area Statistics

Population in DE23

59,979

Population in Derby

308,324

Town centre distance

1.04 miles away

Nearest school

0.20 miles away

Nearest train station

0.37 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £130,000

January 14, 2025

Floor Plans

Description

  • Two-bedroom mid-terrace home. +
  • Lounge with a front-facing window. +
  • Dining room with garden views. +
  • Modern kitchen with garden access. +
  • Generous garden with patio, lawn, and pathway. +
  • Stylish three-piece family bathroom. +
  • Convenient location near local amenities and transport links. +
  • Ideal for first-time buyers or investors. +

SUMMARY
Perfect for first-time buyers or investors, this charming two-bedroom mid-terrace on Randolph Road, Derby, offers a spacious lounge, dining room with garden views, and a modern kitchen. The generous garden boasts a patio, lawn, and path. Upstairs includes two bedrooms and a stylish bathroom.

DESCRIPTION
Welcome to this delightful two-bedroom mid-terrace home, situated on the ever-popular Randolph Road in Derby. Offering a perfect blend of character and modern living, this property is ideal for first-time buyers and investors alike.

As you step through the front door, you're greeted by a cozy lounge with a large front-facing window, creating a bright and inviting space. Moving through the property, you'll find the dining room at the rear, which offers views over the generous garden-a perfect setting for entertaining or family meals. The kitchen is located to the rear and provides convenient access to the garden, featuring a large patio area, an expansive lawn, and a pathway running alongside.

Upstairs, the property boasts two well-proportioned bedrooms: one at the front of the home and the other to the side. A stylish three-piece family bathroom is located to the rear.

Situated in Derby, this home benefits from excellent transport links, local amenities, and proximity to popular schools, parks, and shopping areas. The vibrant city center is just a short distance away, offering a variety of dining, leisure, and cultural options, making this a fantastic location to call home.

Whether you're looking to step onto the property ladder or expand your investment portfolio, this charming home offers incredible potential.

Lounge 11' 2" MAX x 10' 6" MAX ( 3.40m MAX x 3.20m MAX )

Dining Room 14' 1" MAX x 11' 3" MAX ( 4.29m MAX x 3.43m MAX )

Kitchen 9' 9" MAX x 7' 1" MAX ( 2.97m MAX x 2.16m MAX )

Bedroom 1 11' 2" MAX x 10' 9" MAX ( 3.40m MAX x 3.28m MAX )

Bedroom 2 12' 1" MAX x 7' 8" MAX ( 3.68m MAX x 2.34m MAX )

Bathroom 9' 9" MAX x 6' 6" MAX ( 2.97m MAX x 1.98m MAX )

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.

Agent Details

Bagshaws Residential, Derby

01332 215045

Next Steps?

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