2 Bed Terraced House, Single Let, Derby, DE1 2UH, £210,000

Saxelbye Avenue, Derby, Derbyshire, DE1 2UH - 5 views - 3 months ago

BTL
ROI: 1%
~68 m²
+4 photos

ValuationOvervalued

Sold Prices£60K - £205K
Sold Prices/m²£833/m² - £3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.1K/m²

Value Estimate

£106,896

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£52,500

Stamp Duty & Legal Fees

£7,800

Total Cash In

£60,300

 

 

Cash Out

 

Rent Range

£875 - £1,175

Rent Estimate

£950

Running Costs/mo

£866

Cashflow/mo

£84

Cashflow/yr

£1,005

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £60K to £205K, average is £120K. £833/m² to £3K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£115K04/230.17 mi55, Melbourne Street, Derby, City Of Derby DE1 2GF2
£140K11/210.24 mi13, Wellington Crescent, Derby, City Of Derby DE1 2LZ2
£151K02/210.29 mi45, Calvert Street, Derby, City Of Derby DE1 2RQ2
£114K07/230.29 mi22, Twyford Street, Derby, City Of Derby DE23 8EP2
£205K12/220.29 mi5, Sheffield Place, Derby, City Of Derby DE1 2RW2
£115K03/230.32 mi39, Harriet Street, Derby, City Of Derby DE23 8EQ2
£80K08/210.36 mi36, Dashwood Street, Derby, City Of Derby DE23 6SU2
£87K05/230.36 mi42, Dashwood Street, Derby, City Of Derby DE23 6SU2
£128K04/230.38 mi41, Strutt Street, Derby, City Of Derby DE23 8FF2
£140K04/210.41 mi17, Harcourt Street, Derby, City Of Derby DE1 1PW2
£115K05/210.41 mi1, Harcourt Street, Derby, City Of Derby DE1 1PW2
£113K01/230.43 mi1, Webster Street, Derby, City Of Derby DE1 1PT2
£160K05/230.43 mi3, Webster Street, Derby, City Of Derby DE1 1PT2
£98K05/210.47 mi19, Upper Bainbrigge Street, Derby, City Of Derby DE23 6WN2
£95K04/230.48 mi5, Upper Bainbrigge Street, Derby, City Of Derby DE23 6WN2
£125K01/210.49 mi16, Spa Lane, Derby, City Of Derby DE1 1QA2
£105K04/230.5 mi10, Industrial Street, Derby, City Of Derby DE23 6WU2
£101K02/210.5 mi9, Industrial Street, Derby, City Of Derby DE23 6WU2
£125.5K02/230.5 mi239, Abbey Street, Derby, City Of Derby DE22 3ST2
£100K05/230.51 mi237, Abbey Street, Derby, City Of Derby DE22 3ST2
£60K09/210.52 mi17, Fleet Street, Derby, City Of Derby DE23 8GU2
£106K05/230.52 mi29, Provident Street, Derby, City Of Derby DE23 6WS2
£129K03/230.56 mi32, Woods Lane, Derby, City Of Derby DE22 3UA2
£100K05/210.56 mi18, Woods Lane, Derby, City Of Derby DE22 3UA2
£82.5K12/220.57 mi54, Silver Hill Road, Derby, City Of Derby DE23 6UJ2
£123K12/220.57 mi62, Silver Hill Road, Derby, City Of Derby DE23 6UJ2
£60K01/210.58 mi17, Silver Hill Road, Derby, Derbyshire DE23 6UL2
£120K02/230.59 mi15, Sun Street, Derby, City Of Derby DE22 3UL2
£107K03/210.59 mi29, Sun Street, Derby, City Of Derby DE22 3UL2
£120K07/210.59 mi6, Sun Street, Derby, Derbyshire DE22 3UL2
£87K01/230.6 mi51, Cummings Street, Derby, City Of Derby DE23 6WX2
£97K07/230.62 mi9, Spring Street, Derby, City Of Derby DE22 3UF2
£150K01/230.63 mi108, Empress Road, Derby, City Of Derby DE23 6TE2
£138K01/230.64 mi12, Pelham Street, Derby, City Of Derby DE22 3UG2
£117K10/200.64 mi18, Farm Street, Derby, City Of Derby DE22 3UH2
£95K12/200.64 mi32, Farm Street, Derby, Derbyshire DE22 3UH2
£147K05/210.64 mi52, Warner Street, Derby, City Of Derby DE22 3TS2
£114K04/210.65 mi69, King Alfred Street, Derby, City Of Derby DE22 3QL2
£100K10/210.65 mi65, King Alfred Street, Derby, City Of Derby DE22 3QL2
£130K01/230.65 mi85, King Alfred Street, Derby, City Of Derby DE22 3QL2
£137K04/230.65 mi30, Howard Street, Derby, City Of Derby DE23 6TW2
£125K11/220.66 mi64, Werburgh Street, Derby, City Of Derby DE22 3QG2
£145K08/230.66 mi72, King Alfred Street, Derby, City Of Derby DE22 3QJ2
£123.5K02/210.66 mi24, King Alfred Street, Derby, City Of Derby DE22 3QJ2
£135K04/230.67 mi8, Riddings Street, Derby, City Of Derby DE22 3US2
£157K06/230.68 mi43, Richmond Road, Derby, City Of Derby DE23 8PY2
£145K04/230.68 mi37, May Street, Derby, City Of Derby DE22 3UQ2
£125K10/200.68 mi77, May Street, Derby, City Of Derby DE22 3UQ2
£135K03/230.69 mi105, Drewry Lane, Derby, City Of Derby DE22 3QS2
£132K11/200.69 mi1, Breedon Hill Road, Derby, Derbyshire DE23 6TH2

Local Rents

51 rents from £875/mo to £1.2K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,05003/240 miSaxelbye Avenue, Derby2
£95005/240 miSaxelbye Avenue, Derby2
£1,05003/240.03 miErasmus Drive, Derby2
£1,05003/240.03 miErasmus Drive, DERBY2
£1,05003/240.03 miErasmus Drive, Derby2
£95004/240.03 miErasmus Drive, Derby, Derbyshire, DE12
£95005/240.03 miErasmus Drive, Derby2
£1,10005/240.03 miStrutt House, Erasmus Drive, Derby2
£1,05005/240.03 miErasmus Drive, Derby2
£95003/240.03 miSuede House, 45 John Street, Derby, Derbyshire, DE12
£1,05003/240.03 miErasmus Drive, DERBY2
£1,10003/240.03 miErasmus Drive, DERBY2
£1,05003/240.03 miErasmus Drive, DERBY2
£1,10003/240.03 miErasmus Drive, DERBY2
£1,05003/240.03 miErasmus Drive, DERBY2
£1,05003/240.03 miErasmus Drive, DERBY2
£1,10003/240.03 miErasmus Drive, DERBY2
£1,10003/240.03 miErasmus Drive, DERBY2
£1,05004/240.03 miErasmus Drive, DERBY2
£1,05004/240.03 miStrutt House, Derby2
£1,00005/240.03 miErasmus Drive, DERBY2
£1,05005/240.03 miErasmus Drive, Derby2
£1,05003/240.03 miSuede House, 33 Castleward Boulevard, Derby, DE12
£95003/240.04 miStrutt House, 1 Erasmus Drive, Derby, Derbyshire, DE12
£1,00003/240.04 miStrutt House, Erasmus Drive, Derby, DE12
£95004/240.04 miFox House, Erasmus Drive, Derby2
£1,04002/240.05 mi-2
£1,04006/240.05 mi-2
£1,04003/240.05 miBilsborrow Avenue, Derby, DE12
£1,04005/240.05 miBilsborrow Avenue, Derby, DE12
£1,05003/240.05 miStrutt House, 1 Erasmus Drive, Derby, Derbyshire, DE12
£95003/240.05 miDalton House, Bilsborrow Avenue, Derby2
£1,05004/240.05 mi-2
£1,05003/240.05 miDalton House, Derby, DE12
£1,10003/240.05 miDalton House, Derby, DE1 2BF2
£1,10003/240.05 miBilsborrow Avenue, Derby2
£1,10004/240.05 miBilsborrow Avenue, Derby2
£1,00005/240.05 miBilsborrow Avenue, Derby2
£1,15002/240.06 mi-2
£1,10003/240.06 miFox House, Erasmus Drive, Derby2
£89503/240.06 miFox House, 2 Erasmus Drive, Derby2
£99504/240.06 miFox House, 2 Erasmus Drive, Derby, Derbyshire, DE12
£92504/240.06 miErasmus Drive, Derby, Derbyshire, DE12
£99505/240.06 miFox House, 2 Erasmus Drive, Derby, Derbyshire, DE12
£92504/240.06 mi2 Erasmus Drive, Derby2
£1,17512/240.06 mi-2
£95005/240.06 miErasmus Drive, Derby, Derbyshire, DE12
£95005/240.06 miErasmus Drive, Derby, Derbyshire, DE12
£87505/240.06 miFox House, Erasmus Drive, Derby2
£95003/240.06 miFox House, 2 Erasmus Drive, Derby, DE12
£1,00003/240.08 miErasmus Drive, DERBY2

Local Area Statistics

Population in DE1

14,046

Population in Derby

308,324

Town centre distance

0.12 miles away

Nearest school

0.10 miles away

Nearest train station

0.32 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+28%

Property History

Price changed to £210,000

February 28, 2025

Listed for £220,000

January 27, 2025

Floor Plans

Description

  • Delightful Terraced House +
  • Two Bedrooms +
  • Popular Location +
  • Off Street Parking +
  • Open Plan Living +
  • Great Investment +
  • Must Be Viewed +

This delightful two-bedroom terraced house offers off-street parking and generous-sized rooms, featuring a modern design throughout. The property boasts a prime location with easy access to the city. It also benefits from contemporary conveniences such as central heating and double glazing and can be sold with a tenant in situ.

The property includes a light and spacious living kitchen diner. The well-appointed, modern fitted kitchen features sleek countertops, ample storage, and modern appliances, along with access to and views of the garden.

Upstairs, you'll find two beautifully sized bedrooms that offer peaceful retreats for restful nights. Both bedrooms are generously sized and filled with natural light, ensuring comfort and relaxation.

At the front of the property, there is off-street parking, while the rear garden is private and enclosed, featuring both a lawn and a patio.

Situated within walking distance of derby city center, this home offers unparalleled convenience, with a wide range of amenities just moments away. Enjoy easy access to local shops, restaurants, cafés, parks, and public transportation, providing everything you need for a fulfilling lifestyle.

Agent Details

Frank Innes, Derby

01332 215488

Next Steps?

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