3 Bed Semi-Detached House, Single Let, Derby, DE24 8PH, £130,000

Booth Street, Alvaston, DE24 8PH - 3 views - 2 months ago

Sold STC
BTL
ROI: 9%
~93 m²
+6 photos

ValuationUndervalued











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

£850 - £3,000

Rent Estimate

£888

Running Costs/mo

£604

Cashflow/mo

£284

Cashflow/yr

£3,408

ROI

9%

Gross Yield

8%













Local Rents

15 rents from £850/mo to £3K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£92502/240.33 mi-3
£1,05012/240.36 miHoltlands Drive, Alvaston, Derby3
£85012/240.36 miRockhouse Road, Alvaston, Derby, Derbyshire3
£2,20004/240.36 mi-3
£1,10003/250.37 mi-3
£1,10012/240.4 miWynton Avenue, Alvaston, DERBY3
£1,00012/240.42 mi-3
£1,00001/240.46 mi-3
£1,00001/240.46 mi-3
£99512/240.48 miWarren Street, Alvaston3
£85003/250.52 mi-3
£1,15002/250.59 mi-3
£85012/240.61 miChambers Street, Derby3
£92512/240.61 miHaig Street, Derby, Derbyshire, DE24 8RH3
£3,00001/250.62 mi-3

Local Area Statistics

Population in DE24

54,396

Population in Derby

308,324

Town centre distance

2.01 miles away

Nearest school

0.30 miles away

Nearest train station

1.34 miles away

 

 

Rental demand

Landlord's market

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Listed for £130,000

January 17, 2025

Floor Plans

Description

  • No Upward Chain +
  • Refurbishment Required +
  • Three Bedroom, Semi Detached +
  • EPC Rating D +
  • Freehold +
  • Council Tax Band A +
  • Potential for Extension Subject to Planning +

NO UPWARD CHAIN A three-bedroom, semi-detached property, in need of refurbishment throughout but being a fantastic investment purchase or first time buy, the property benefits from UPVC double glazing, gas central heating, a large plot with a garage/shed, off road parking and it is sold with no upward chain!

In brief, the accommodation comprises; entrance hallway, ground floor shower room, a separate W.C/utility room, dual aspect lounge and a kitchen with space for a dining table. To the first floor are three bedrooms and a bathroom.

Outside, to the front there is an enclosed garden and to the front a large front garden, driveway and front access to the garage/shed.

Booth Street is ideally positioned for those seeking convenience, with a wealth of local amenities close by. The property is within easy reach of popular schools, a variety of shops, and a range of leisure facilities. Alvaston Park, with its scenic walking trails and play areas, is a short walk away, offering outdoor enjoyment for all ages. For commuters, the property benefits from excellent transport links, with the A6 and major bus routes nearby, providing quick access to Derby city centre and surrounding areas.

Agent Details

Hannells Estate Agents, Alvaston

01332 215518

Next Steps?

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