3 Bed Semi-Detached House, Refurb/BRRR, Belper, DE56 1SA, £220,000

321143 Kilbourne Road, Belper DE56 1SA - 3 months ago

Refurb/BRRR
~93 m²
+8 photos

ValuationUndervalued

Sold Prices£157.5K - £503K
Sold Prices/m²£1.9K/m² - £4.5K/m²

 

 

Square Metres

~93 m²
Price/m²£2.4K/m²

Value Estimate

£242,050
BMV3%

 

 

End Value (After Refurb)

£258,333

Uplift in Value

+10%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£8,250

Refurb Costs

£37,747

Bridging Loan Interest

£5,775

Total Cash In

£108,522

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£258,333

Mortgage (After Refinance)

£193,750

Mortgage LTV

75%

Cash Released

£28,750

Cash Left In

£79,772

Equity

£64,583

Rent Range

£760 - £1,500

Rent Estimate

£993

Running Costs/mo

£1,026

Cashflow/mo

£-33

Cashflow/yr

£-395

Gross Yield

5%

Local Sold Prices

50 sold prices from £157.5K to £503K, average is £247.5K. £1.9K/m² to £4.5K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£200K05/210.12 mi1, Leche Croft, Belper, Derbyshire DE56 0DD3
£275K03/230.13 mi123, Kilbourne Road, Belper, Derbyshire DE56 1RZ3
£190K02/230.15 mi11, Ash Acre, Belper, Derbyshire DE56 0DJ3
£180K01/210.15 mi173, Kilbourne Road, Belper, Derbyshire DE56 1SB3
£225K12/200.26 mi16, Sandbed Lane, Belper, Derbyshire DE56 0SH3
£220K07/210.27 mi62, Whitemoor Lane, Belper, Derbyshire DE56 0HB3
£225K09/210.27 mi60, Whitemoor Lane, Belper, Derbyshire DE56 0HB3
£270K03/230.27 mi154, John O'gaunts Way, Belper, Derbyshire DE56 0DG3
£230K06/210.27 mi6, Naseby Road, Belper, Derbyshire DE56 0ER3
£216K11/220.28 mi11, St James Close, Belper, Derbyshire DE56 0EF3
£280K02/210.28 mi18, Bullsmoor, Belper, Derbyshire DE56 1JS3
£286K07/230.33 mi12, Short Street, Belper, Derbyshire DE56 1JU3
£300K01/210.33 mi130, Whitemoor Lane, Belper, Derbyshire DE56 0HD3
£178K10/210.34 mi54, Over Lane, Belper, Derbyshire DE56 0HW3
£240K01/210.35 mi32, Burbage Close, Belper, Derbyshire DE56 0DW3
£196K07/230.38 mi16, Stoke Close, Belper, Derbyshire DE56 0DN3
£165K02/210.38 mi8, Stoke Close, Belper, Derbyshire DE56 0DN3
£220K05/210.38 mi20, Openwood Road, Belper, Derbyshire DE56 0SG3
£230K03/230.38 mi28, Openwood Road, Belper, Derbyshire DE56 0SG3
£157.5K12/200.38 mi38, Openwood Road, Belper, Derbyshire DE56 0SG3
£290K02/210.4 mi24, Lowlands Road, Belper, Derbyshire DE56 1HN3
£235K09/210.41 mi29, Ireton Close, Belper, Derbyshire DE56 0SQ3
£236.5K03/210.41 mi44, Ashop Road, Belper, Derbyshire DE56 0DP3
£390K06/230.41 mi35, Kilburn Lane, Belper, Derbyshire DE56 0SF3
£275K02/230.41 mi29, Kilburn Lane, Belper, Derbyshire DE56 0SF3
£265K05/210.41 mi57, Dovedale Crescent, Belper, Derbyshire DE56 1HJ3
£250.5K03/230.43 mi214, John O'gaunts Way, Belper, Derbyshire DE56 0DF3
£279K05/210.45 mi4, Jennys Court, Belper, Derbyshire DE56 0GY3
£275K06/230.45 mi88, Spencer Road, Belper, Derbyshire DE56 1JW3
£295K08/210.45 mi79, Spencer Road, Belper, Derbyshire DE56 1JW3
£250K01/230.49 mi192, Over Lane, Belper, Derbyshire DE56 0HL3
£267K02/210.5 mi67, Marsh Lane, Belper, Derbyshire DE56 1GS3
£225K12/200.51 mi10, Stanton Avenue, Belper, Derbyshire DE56 1EE3
£260K03/230.51 mi20, Stanton Avenue, Belper, Derbyshire DE56 1EE3
£250K07/230.51 mi39, Stanton Avenue, Belper, Derbyshire DE56 1EE3
£263K12/220.53 mi14, Stanton Avenue, Belper, Derbyshire DE56 1EE3
£265K06/230.54 mi5, Spinners Way, Belper, Derbyshire DE56 0HR3
£255K06/230.54 mi3, Spinners Way, Belper, Derbyshire DE56 0HR3
£220K07/210.55 mi1, Spencer Avenue, Belper, Derbyshire DE56 1LA3
£210K03/210.55 mi4, Kirks Lane, Belper, Derbyshire DE56 1LJ3
£250K03/230.56 mi86, Nottingham Road, Belper, Derbyshire DE56 1JH3
£225K01/230.56 mi139, Nottingham Road, Belper, Derbyshire DE56 1JH3
£230K02/210.59 mi24, Walnut Road, Belper, Derbyshire DE56 1RG3
£235K09/210.59 mi82, Edensor Drive, Belper, Derbyshire DE56 1TF3
£450K02/230.6 mi38, Spencer Road, Belper, Derbyshire DE56 1JY3
£503K02/230.6 mi52, Spencer Road, Belper, Derbyshire DE56 1JY3
£205K12/220.6 mi54, Mill Lane, Belper, Derbyshire DE56 1LH3
£318K02/210.6 mi40, Spencer Road, Belper, Derbyshire DE56 1JY3
£245K12/200.6 mi43, Spencer Road, Belper, Derbyshire DE56 1JY3
£345K06/230.6 mi40, Spencer Road, Belper, Derbyshire DE56 1JY3

Local Rents

17 rents from £760/mo to £1.5K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£1,00012/240.31 miBrafield Close, Belper3
£90012/240.52 miMarsh Lane, Belper, Derbyshire, DE563
£95012/240.55 miCook Close, Belper3
£76009/230.6 mi-3
£90012/240.7 miAlder Road, BELPER3
£89512/240.7 miSycamore Croft, Belper3
£89512/240.72 miWindmill Lane, Belper3
£80012/240.84 miFar Laund, Belper3
£90012/240.87 miChesterfield Road, Belper, Derbyshire, DE563
£85012/240.94 miQueen Street, Belper3
£95012/240.94 miGreen Lane, Belper, Derby3
£1,00012/240.95 miGreen Lane, Belper, Derbyshire, DE563
£1,45012/241 mi-3
£1,50002/251 mi-3
£1,45012/241 miBlackbird Row, Belper, DE563
£1,20001/251.22 mi-3
£1,20012/241.23 miClan Drive, Belper, Derby, DE56 1RB3

Local Area Statistics

Population in DE56

39,812

Town centre distance

0.83 miles away

Nearest school

0.10 miles away

Nearest train station

1.07 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-13%

Sales demand

Balanced market

Capital growth (5yrs)

+28%

Property History

Price changed to £220,000

February 12, 2025

Listed for £235,000

January 16, 2025

Floor Plans

Description

  • Family Semi-Deatched Home +
  • Requiring Modernisation +
  • Close to Belper Town Centre +
  • Lounge & Conservatory +
  • Kitchen Diner +
  • Three Double Bedrooms +
  • Family Bathroom +
  • Generous Sized Gardens +
  • Driveway for Two Cars +
  • No Chain Involved +

Located on Kilbourne Road in Belper, this semi-detached house presents an excellent opportunity for those looking to create their dream home. Boasting three spacious double bedrooms, this property is perfect for families or those seeking extra room for guests or a home office.

While the home requires modernisation, it provides a blank canvas for you to infuse your personal style and preferences. The generous garden offers ample outdoor space for gardening, play, or simply enjoying the fresh air.

Conveniently located, this property is close to local amenities, ensuring that shops, schools, and recreational facilities are just a short distance away. Additionally, with parking available for two vehicles, you will find practicality and ease in your daily routine.

Importantly, there is no chain involved, allowing for a smoother transition into your new home.

The Location - The property is close to the centre of Belper, which provides an excellent range of amenities including a supermarkets, shops, education at all levels, Railway Station, public houses, restaurants and recreational facilities. Within the noted World Heritage Site. There is also a handy bus stop located close to the house.

The village of Duffield is some three miles to the south and the City of Derby is eight miles to the south. The famous market town of Ashbourne, known as the gateway to Dovedale and the Peak District National Park, lies approximately ten miles to the west.

For those who enjoy the outdoor pursuits the nearby Derbyshire countryside provides some delightful scenery and walks along the banks of the River Derwent.

Accommodation -

Ground Floor -

Entrance Hall - 1.29 x 1.17 (4'2" x 3'10") - With panelled entrance door, radiator and staircase leading to first floor.

Lounge - 3.98 x 3.34 (13'0" x 10'11") - With chimney breast with log burning stove, radiator and double glazed window to front.

Kitchen/Dining Room - 5.06 x 2.90 (16'7" x 9'6") - With one and a half sink unit with mixer tap, wall and base cupboards, worktops, plumbing for automatic washing machine, plumbing for dishwasher, electric cooker point, radiator, central heating boiler and double glazed window.

Storage Cupboard - 2.53 x 0.89 (8'3" x 2'11") - Providing storage.

Conservatory - 3.96 x 2.65 (12'11" x 8'8") - With radiator, double glazed windows, plumbing for automatic washing machine and double glazed French doors opening onto rear garden.

Brick Store - Providing storage.

First Floor Landing - 4.42 x 1.84 (14'6" x 6'0") - With double glazed window to side and staircase leading to second floor.

Double Bedroom Two - 3.39 x 3.00 (11'1" x 9'10") - With radiator, double glazed window to front and internal panelled door.

Double Bedroom Three - 2.86 x 2.47 (9'4" x 8'1") - With built-in wardrobes, radiator, double glazed window to rear and internal panelled door.

Family Bathroom - 1.84 x 1.82 (6'0" x 5'11") - With bath with electric shower, wash basin, low level WC, tile splashbacks, heated towel rail/radiator, double glazed window and internal panelled door.

Second Floor Landing - 1.13 x 0.99 (3'8" x 3'2") - With double glazed Velux style window.

Double Bedroom One - 4.78 x 3.35 (15'8" x 10'11") - With radiator (space for en-suite if desired), spotlights to ceiling, storage into eaves, 2 double glazed windows to rear and internal panelled door.

Front Garden - To the front of the property is a fore-garden with flower beds, pathway leading to front door, side access and artificial turf.

Rear Garden - To the rear of the property is a generous size, enclosed rear garden with artificial lawn, patio and shed.

Driveway - A double width driveway to the front of the property provides car standing spaces for two vehicles.

Council Tax Band A -

Agent Details

Fletcher & Company, Duffield

01332 215343

Next Steps?

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