2 Bed Terraced House, Single Let, Derby, DE22 3ER, £142,000

Howe Street, Derby, DE22 3ER - 3 months ago

Sold STC
BTL
~68 m²
+6 photos

ValuationOvervalued

Sold Prices£85K - £195K
Sold Prices/m²£1.2K/m² - £3.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.1K/m²

Value Estimate

£121,395

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,500

Stamp Duty & Legal Fees

£5,460

Total Cash In

£40,960

 

 

Cash Out

 

Rent Range

£375 - £2,450

Rent Estimate

£388

Running Costs/mo

£541

Cashflow/mo

£-153

Cashflow/yr

£-1,840

Gross Yield

3%

Local Sold Prices

50 sold prices from £85K to £195K, average is £128.8K. £1.2K/m² to £3.3K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£87.5K03/210.04 mi8, Lloyd Street, Derby, City Of Derby DE22 3ET2
£100K03/230.05 mi8, Stanley Street, Derby, City Of Derby DE22 3GT2
£107K03/210.05 mi52, Stanley Street, Derby, City Of Derby DE22 3GT2
£142K12/220.05 mi79, Howe Street, Derby, City Of Derby DE22 3ES2
£137.5K03/210.06 mi74, Stanley Street, Derby, City Of Derby DE22 3GW2
£109K03/210.06 mi22, Howe Street, Derby, City Of Derby DE22 3ER2
£138K11/200.08 mi59, Arnold Street, Derby, City Of Derby DE22 3EW2
£122K10/210.08 mi23, Arnold Street, Derby, Derbyshire DE22 3EW2
£113K05/210.08 mi13, Langley Street, Derby, City Of Derby DE22 3GN2
£148K05/230.09 mi32, Radbourne Street, Derby, City Of Derby DE22 3HB2
£85K11/200.1 mi46, Cobden Street, Derby, City Of Derby DE22 3GZ2
£98K01/210.1 mi67, Brough Street, Derby, City Of Derby DE22 3EN2
£125K12/220.11 mi18, Handford Street, Derby, City Of Derby DE22 3GS2
£177K03/210.11 mi15, Cobden Street, Derby, City Of Derby DE22 3GX2
£142K01/230.12 mi15, Handford Street, Derby, City Of Derby DE22 3GS2
£138.5K01/230.15 mi75, Peel Street, Derby, City Of Derby DE22 3GJ2
£127K05/210.15 mi17, Findern Street, Derby, City Of Derby DE22 3DX2
£130K07/210.17 mi65, Wild Street, Derby, City Of Derby DE1 1GP2
£93K08/210.17 mi18, Wild Street, Derby, City Of Derby DE1 1GN2
£127.5K02/210.17 mi59, Manchester Street, Derby, City Of Derby DE22 3GD2
£123K10/200.17 mi45, Manchester Street, Derby, City Of Derby DE22 3GD2
£152.5K12/200.19 mi32a, Heyworth Street, Derby, City Of Derby DE22 3DL2
£133K01/230.19 mi42, Slack Lane, Derby, City Of Derby DE22 3DY2
£144K03/230.22 mi22, Cross Street, Derby, City Of Derby DE22 3FZ2
£120K12/200.22 mi5, Cross Street, Derby, Derbyshire DE22 3FZ2
£145K04/230.22 mi26, Cross Street, Derby, City Of Derby DE22 3FZ2
£125K12/220.24 mi5, Cross Street, Derby, City Of Derby DE22 3FZ2
£165K12/210.24 mi42, Slater Avenue, Derby, City Of Derby DE1 1GT2
£165K12/210.27 mi18, Plimsoll Street, Derby, City Of Derby DE22 3DF2
£120K10/200.27 mi8, Pybus Street, Derby, City Of Derby DE22 3BD2
£132.5K10/210.28 mi5, Shaw Street, Derby, Derbyshire DE22 3AS2
£145K01/210.28 mi6, Shaw Street, Derby, City Of Derby DE22 3AS2
£133.7K09/210.28 mi2, Merchant Street, Derby, City Of Derby DE22 3AN2
£165K12/220.29 mi18, Shaws Green, Derby, City Of Derby DE22 3HF2
£114K10/200.29 mi169, Ashbourne Road, Derby, City Of Derby DE22 3AJ2
£97K03/210.35 mi6, Ashbourne Court, Derby, City Of Derby DE1 1GH2
£133.5K04/220.35 mi3, Buckland Close, Derby, City Of Derby DE1 1EN2
£127K06/210.35 mi1, Buckland Close, Derby, City Of Derby DE1 1EN2
£125K05/210.36 mi4, College Mews, Derby, City Of Derby DE1 1UT2
£125K10/200.36 mi13, College Mews, Derby, City Of Derby DE1 1UT2
£138K04/210.37 mi18, Markeaton Street, Derby, City Of Derby DE1 1DW2
£183K05/210.37 mi44, Markeaton Street, Derby, Derbyshire DE1 1DW2
£160K09/210.38 mi42, Ponsonby Terrace, Derby, City Of Derby DE1 1DT2
£100K12/200.4 mi33, New Zealand Square, Derby, City Of Derby DE22 3BZ2
£195K03/230.42 mi22, York Street, Derby, City Of Derby DE1 1FZ2
£85K11/200.42 mi41, Hoult Street, Derby, City Of Derby DE22 3NQ2
£118K05/210.42 mi53, Hoult Street, Derby, City Of Derby DE22 3NQ2
£135K07/210.44 mi42, Camden Street, Derby, City Of Derby DE22 3NR2
£111K07/210.44 mi31, Camden Street, Derby, City Of Derby DE22 3NR2
£156.5K12/220.44 mi45, Larges Street, Derby, City Of Derby DE1 1DN2

Local Rents

50 rents from £375/mo to £2.5K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£82512/240.03 mi2 Bedroom Terraced House, Howe Street, Derby Centre2
£37512/240.07 miStables Street, Derby, 2
£38512/240.07 miStables Street, Derby , 2
£41212/240.07 miStudent Property 24 - 252
£80012/240.08 miArnold Street, DERBY2
£78002/250.08 mi-2
£77512/240.08 mi-2
£45512/240.09 miPeach Street2
£82512/240.09 mi-2
£47712/240.1 miStudent Property 24-252
£85012/240.1 miRadbourne Street, Derby, DE22 3HD2
£1,10512/240.1 miRadbourne Street, Derby2
£82512/240.11 mi-2
£95003/250.11 mi-2
£85012/240.11 mi-2
£85003/240.12 mi-2
£63012/240.12 miHandford Street, Derby, 2
£67212/240.13 miCobden Street2
£85002/240.13 mi-2
£80002/240.14 mi-2
£87503/250.14 mi-2
£75002/240.14 mi-2
£75001/240.14 mi-2
£75003/240.14 mi-2
£78504/250.14 mi-2
£77512/240.15 miFindern Street, Derby2
£45512/240.16 miFindern Street, Derby, 2
£86703/240.17 miWild Street, Derby, Derbyshire, DE12
£82504/240.17 miWild Street, DERBY2
£99703/240.17 miWild Street, Derby, Derbyshire, DE1 1GP2
£87501/250.17 mi-2
£68004/240.18 miWild Street2
£39512/240.18 miManchester Street, Derby, 2
£79012/240.18 miFrederick Street , Derby, 2
£80001/250.18 mi-2
£80004/250.18 mi-2
£91003/250.19 mi-2
£1,25712/240.19 miManchester Street, Derby, Derbyshire, DE222
£80012/240.19 miManchester Street, Derby2
£1,20512/240.19 miManchester Street, Derby, Derbyshire, DE222
£1,19612/240.19 miManchester Street, Derby, Derbyshire, DE222
£79512/240.19 miThe Maltings, Derby, DE22 3AU2
£38512/240.2 miMorley Street, Derby, 2
£82512/240.22 miCross Street, Derby2
£2,45007/240.23 mi-2
£2,45001/250.23 mi-2
£80012/240.23 miAshbourne Road, Derby2
£95012/240.24 mi-2
£90012/240.24 mi-2
£80012/240.26 miVicarage Place, Ashbourne Road, Derby, DE22 3TU2

Local Area Statistics

Population in DE22

46,001

Population in Derby

308,324

Town centre distance

1.22 miles away

Nearest school

0.20 miles away

Nearest train station

1.60 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+2%

Sales demand

Seller's market

Capital growth (5yrs)

+15%

Property History

Listed for £142,000

January 21, 2025

Floor Plans

Description

  • IMMEDIATE POSSESSION +
  • NO UPWARD CHAIN +
  • COMPETITIVELY PRICED MID TERRACE +
  • IDEAL FIRST TIME BUY OR INVESTMENT +
  • CLOSE UNIVERSITY AND CITY CENTRE +
  • TWO DOUBLE BEDROOM +
  • GAS CENTRAL HEATING AND UPVC DOUBLE GLAZING +
  • FREEHOLD +
  • ENERGY RATING E +
  • COUNCIL TAX BAND A +

IMMEDIATE POSSESSION - NO UPWARD CHAIN - IDEAL FIRST TIME BUYER / INVESTOR - TWO DOUBLE BEDROOMS - GAS CENTRAL HEATING - UPVC DOUBLE GLAZING - POPULAR LOCATION CLOSE TO CITY CENTRE AND UNIVERSITY OF DERBY - FREEHOLD - ENERGY RATING E - COUNCIL TAX BAND A.

Sitting Room - 3.44 x 3.41 (11'3" x 11'2") - Having a random dressed grit stone fire surround, radiator, UPVC double glazed window and timber and opaque glazed entrance door to front aspect.

Inner Lobby - Wih understairs storage cupboard.

Dining Room - 3.71 x 3.42 (12'2" x 11'2") - Having an exposed brick fire surround, radiator, staircase to first floor and UPVC double glazed window.

Kitchen - 3.00 x 1.79 (9'10" x 5'10") - Having a range of wall and base cupboards, newly installed gas boiler, free standing cooker, space and plumbing for automatic washing machine, UPVC double glazed window, timber and opaque glazed door to rear garden.

First Floor Landing -

Bedroom One - 4.50 x 3.41 maximum (14'9" x 11'2" maximum) - Having a range of built in wardrobes, radiator and UPVC double glazed window to front aspect.

Bedroom Two - 3.71 x 3.50 (12'2" x 11'5") - Having a recessed built in walk in wardrobem radiator and UPVC double glazed window to rear aspect.

Bathroom - Having a three piece suite comprising; low flush wc, pedestal wash hand basin and panelled bath with Triton electric shower over, tiled walls, airing cupboard, radiator and UPVC opaque double glazed window to rear aspect.

Outside - The property has a mature rear garden, enclosed by brick walling together with close panelled fencing, laid to lawn with patio area, gated side access and two brick outbuildings.

Agent Details

My Pad Phillips and Co, Derby

01332 215531

Next Steps?

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