3 Bed Terraced House, Planning Permission, Derby, DE24 0TR, £185,000

Manifold Drive, Alvaston, DE24 0TR - 2 views - 2 months ago

Sold STC
Planning
ROI: 2%
~93 m²
+15 photos

ValuationUndervalued

Sold Prices£95K - £300K
Sold Prices/m²£1.3K/m² - £3.7K/m²

 

 

Square Metres

~93 m²
Price/m²£2K/m²

Value Estimate

£203,438
BMV10%

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£46,250

Stamp Duty & Legal Fees

£6,750

Total Cash In

£53,000

 

 

Cash Out

 

Rent Range

£850 - £3,000

Rent Estimate

£850

Running Costs/mo

£768

Cashflow/mo

£82

Cashflow/yr

£983

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £95K to £300K, average is £179K. £1.3K/m² to £3.7K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£165K02/210.07 mi62, Alvaston Street, Alvaston, Derby, City Of Derby DE24 0PA3
£221K01/230.11 mi78, Beech Avenue, Alvaston, Derby, City Of Derby DE24 0DZ3
£173K11/200.11 mi25, Stiles Road, Alvaston, Derby, City Of Derby DE24 0PG3
£185K02/210.12 mi33, Old Hall Avenue, Alvaston, Derby, City Of Derby DE24 0PQ3
£215K04/230.12 mi31, Old Hall Avenue, Alvaston, Derby, City Of Derby DE24 0PQ3
£160K10/210.15 mi37, Beech Avenue, Alvaston, Derby, City Of Derby DE24 0EA3
£172.5K03/210.15 mi21, Grimshaw Avenue, Alvaston, Derby, City Of Derby DE24 0PE3
£175K02/230.18 mi14, Rosewood Close, Alvaston, Derby, City Of Derby DE24 0PF3
£230K06/230.19 mi8, Bridgwater Close, Alvaston, Derby, City Of Derby DE24 0YE3
£177.5K01/210.2 mi4, Taunton Close, Alvaston, Derby, Derbyshire DE24 0YD3
£193K11/200.2 mi10, Taunton Close, Alvaston, Derby, City Of Derby DE24 0YD3
£170K01/210.2 mi17, Kelmoor Road, Alvaston, Derby, City Of Derby DE24 0PJ3
£248K12/220.2 mi3, Taunton Close, Alvaston, Derby, City Of Derby DE24 0YD3
£150K08/210.21 mi36, Raynesway, Derby, City Of Derby DE24 0DU3
£205K03/210.21 miRosewood Cottage, 108, Alvaston Street, Alvaston, Derby, City Of Derby DE24 0PD3
£127K02/210.22 mi33, Raynesway, Derby, City Of Derby DE24 0DW3
£173.5K11/210.23 mi16, Beech Avenue, Alvaston, Derby, City Of Derby DE24 0DX3
£210K01/230.24 mi16, Walnut Avenue, Alvaston, Derby, City Of Derby DE24 0PP3
£180K03/210.25 mi104, Eden Street, Alvaston, Derby, City Of Derby DE24 8RB3
£135K07/230.25 mi80, Kelmoor Road, Alvaston, Derby, City Of Derby DE24 0PN3
£300K12/210.25 mi14, Ellastone Gardens, Alvaston, Derby, City Of Derby DE24 0QQ3
£185K07/230.25 mi22, Yeovil Close, Alvaston, Derby, City Of Derby DE24 0YB3
£171.4K05/210.3 mi53, Elvaston Lane, Alvaston, Derby, City Of Derby DE24 0PW3
£95K06/230.34 mi10, Waldorf Close, Alvaston, Derby, City Of Derby DE24 8UF3
£205K07/230.38 mi23, Lincoln Avenue, Derby, City Of Derby DE24 8QY3
£180K06/230.38 mi43, Lincoln Avenue, Derby, City Of Derby DE24 8QY3
£167K03/210.38 mi27, Lincoln Avenue, Derby, City Of Derby DE24 8QY3
£202.5K05/230.39 mi65, Shardlow Road, Alvaston, Derby, City Of Derby DE24 0JP3
£165K09/210.39 mi45, Shardlow Road, Alvaston, Derby, City Of Derby DE24 0JP3
£125K10/210.43 mi61, Hollis Street, Derby, City Of Derby DE24 8QW3
£165K04/230.43 mi143, Baker Street, Alvaston, Derby, City Of Derby DE24 8SE3
£236K05/210.46 mi56, Boulton Lane, Derby, City Of Derby DE24 0GE3
£177K02/230.46 mi20, Boulton Lane, Derby, City Of Derby DE24 0GE3
£230K12/220.48 mi53, Courtland Drive, Alvaston, Derby, City Of Derby DE24 0GL3
£168K05/210.49 mi5, Courtland Drive, Alvaston, Derby, City Of Derby DE24 0GL3
£190K10/210.49 mi7, Courtland Drive, Alvaston, Derby, City Of Derby DE24 0GL3
£209.5K11/210.49 mi67, Courtland Drive, Alvaston, Derby, City Of Derby DE24 0GL3
£245K07/230.5 mi68, Lindon Drive, Alvaston, Derby, City Of Derby DE24 0LN3
£130K12/200.5 mi333, Brighton Road, Alvaston, Derby, City Of Derby DE24 8TG3
£170K07/230.5 mi319, Brighton Road, Alvaston, Derby, City Of Derby DE24 8TG3
£180K01/230.5 mi58, Courtland Drive, Alvaston, Derby, City Of Derby DE24 0GJ3
£161K11/210.51 mi2, Sledmere Close, Alvaston, Derby, City Of Derby DE24 0RT3
£228K08/210.51 mi27, Caroline Close, Alvaston, Derby, City Of Derby DE24 0QX3
£178K09/210.51 mi20, Courtland Drive, Alvaston, Derby, City Of Derby DE24 0GJ3
£185K02/230.53 mi256, Baker Street, Alvaston, Derby, City Of Derby DE24 8SF3
£159K02/230.54 mi86, Shardlow Road, Alvaston, Derby, City Of Derby DE24 0JQ3
£190K01/210.55 mi35, Grange Road, Alvaston, Derby, City Of Derby DE24 0JW3
£120K02/230.55 mi276, Baker Street, Alvaston, Derby, City Of Derby DE24 8SF3
£195K02/230.55 mi58, Stocker Avenue, Alvaston, Derby, City Of Derby DE24 0QS3
£275K02/230.55 mi38, Stocker Avenue, Alvaston, Derby, City Of Derby DE24 0QS3

Local Rents

28 rents from £850/mo to £3K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£99512/240.03 mi-3
£97511/240.04 mi-3
£1,09503/250.07 mi-3
£99512/240.21 miRaynesway, Alvaston, Derby, DE243
£92502/240.55 mi-3
£85003/250.55 mi-3
£99512/240.58 miWarren Street, Alvaston3
£92501/240.62 mi-3
£89502/250.66 miWhernside Close, Alvaston, Derby, DE243
£3,00001/250.71 mi-3
£92512/240.74 miHaig Street, Derby, Derbyshire, DE24 8RH3
£1,05003/250.77 mi-3
£1,15002/250.77 mi-3
£85012/240.77 miRockhouse Road, Alvaston, Derby, Derbyshire3
£1,00001/240.78 mi-3
£1,00001/240.78 mi-3
£1,10012/240.78 miWynton Avenue, Alvaston, DERBY3
£95001/240.8 mi-3
£90012/240.83 miKeldholme Lane, Alvaston, DERBY3
£89512/240.84 miMoor Drive, Alvaston, Derby, Derbyshire3
£1,00012/240.87 mi-3
£85012/240.88 miChambers Street, Derby3
£1,10003/250.88 mi-3
£2,20004/240.89 mi-3
£2,50003/250.89 mi-3
£1,05012/241.07 miHoltlands Drive, Alvaston, Derby3
£95012/241.09 miMagellan Way, Derby3
£1,15003/251.16 mi-3

Local Area Statistics

Population in DE24

54,396

Population in Derby

308,324

Town centre distance

2.40 miles away

Nearest school

0.10 miles away

Nearest train station

1.02 miles away

 

 

Rental demand

Landlord's market

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Listed for £185,000

January 19, 2025

Floor Plans

Description

  • No Upward Chain +
  • EPC Rating D +
  • Freehold +
  • Council Tax Band A +
  • Standard Construction +
  • Fantastic Corner Plot +
  • Potential to Extended Subject to Planning Permissions +

A Fantastic opportunity to purchase this very well presented, end-terraced family home, in a fantastic position within walking distance of local primary schools and being ideally located for walking into Alvaston Centre. Available with no upward chain is this superb family home, ideal for first time buyers and offering a modern open plan living space and allocated parking to the rear - call now to book your viewing!

With double glazing and gas central throughout the property briefly comprises; entrance hallway leading through to an open plan living/dining/kitchen with ample fitted storage and space for appliances, along with a door leading out to the back garden. Off the living space is a door leading out into a garden room/conservatory. To the first floor are three bedrooms, the master having fitted wardrobes and a modern family bathroom with shower over bath, feature lighting and fitted storage.

The property is located on a corner plot offering ample space to extend subject to relevant planning permissions. To the rear and side of the property is a very well maintained garden with lawn, gravelled area and secure fenced boundaries. To the rear of the garden is off street, allocated parking.

Manifold Drive is conveniently located close to local shops, walking distance to well regarded schools and amenities within Alvaston, as well as having excellent road links with the A6 and A50 road networks, leading to the M1 motorway and East Midlands Airport and some beautiful walks to Elvaston Castle. Internal viewings are highly recommended and early viewings are essential to avoid disappointment.

Agent Details

Hannells Estate Agents, Alvaston

01332 215518

Next Steps?

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