2 Bed Terraced House, Single Let, Derby, DE23 8HZ, £130,000

Holcombe Street, Derbyshire, DE23 8HZ - 2 views - 3 months ago

BTL
ROI: 3%
~68 m²
+7 photos

ValuationOvervalued

Sold Prices£60K - £157K
Sold Prices/m²£833/m² - £2.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.9K/m²

Value Estimate

£91,349

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£5,250

Total Cash In

£37,750

 

 

Cash Out

 

Rent Range

£600 - £950

Rent Estimate

£669

Running Costs/mo

£560

Cashflow/mo

£109

Cashflow/yr

£1,307

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £60K to £157K, average is £103K. £833/m² to £2.4K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£114K02/230 mi10, Holcombe Street, Derby, City Of Derby DE23 8HZ2
£75K09/210.01 mi23, Holcombe Street, Derby, City Of Derby DE23 8HZ2
£116K02/230.03 mi17, Rutland Street, Derby, City Of Derby DE23 8PQ2
£116K02/210.06 mi115, Dairyhouse Road, Derby, City Of Derby DE23 8HQ2
£125K07/230.07 mi139, Leacroft Road, Derby, City Of Derby DE23 8HY2
£105K03/210.07 mi111, Leacroft Road, Derby, City Of Derby DE23 8HY2
£78K03/210.08 mi93, Princes Street, Derby, City Of Derby DE23 8NS2
£79K03/210.08 mi57, Princes Street, Derby, Derbyshire DE23 8NS2
£78K03/210.12 mi217, Shaftesbury Crescent, Derby, City Of Derby DE23 8NA2
£75K05/210.12 mi211, Shaftesbury Crescent, Derby, City Of Derby DE23 8NA2
£157K06/230.14 mi43, Richmond Road, Derby, City Of Derby DE23 8PY2
£83K08/230.18 mi115, Portland Street, Derby, City Of Derby DE23 8QD2
£120K05/230.22 mi134, Rutland Street, Derby, City Of Derby DE23 8PS2
£84K04/210.23 mi91, Harrington Street, Pear Tree, Derby, City Of Derby DE23 8PB2
£125K03/230.23 mi67, Harrington Street, Pear Tree, Derby, City Of Derby DE23 8PB2
£90K12/200.24 mi40, Goodale Street, Derby, City Of Derby DE23 8QE2
£60K09/210.27 mi17, Fleet Street, Derby, City Of Derby DE23 8GU2
£112.5K02/230.29 mi44, Middleton Street, Derby, City Of Derby DE23 8QJ2
£151K06/230.31 mi121, Peartree Crescent, Derby, City Of Derby DE23 8RQ2
£115K04/210.31 mi89, Peartree Crescent, Derby, City Of Derby DE23 8RQ2
£120K06/230.36 mi100, Sutherland Road, Derby, City Of Derby DE23 8RW2
£72.5K11/200.36 mi8, Hastings Street, Derby, City Of Derby DE23 6QQ2
£125K05/210.36 mi254, St Thomas Road, Derby, City Of Derby DE23 8SY2
£83K11/200.37 mi128, Cameron Road, Derby, City Of Derby DE23 8RS2
£83K11/200.37 mi128, Cameron Road, Derby, City Of Derby DE23 8RS2
£65K11/200.37 mi100, Crewe Street, Derby, Derbyshire DE23 8QP2
£130K07/210.39 mi128, Balfour Road, Derby, City Of Derby DE23 8UQ2
£144K05/230.41 mi155, Upper Dale Road, Derby, City Of Derby DE23 8BP2
£75K01/210.42 mi75, Violet Street, Derby, City Of Derby DE23 8SR2
£89K04/210.43 mi51, Cotton Lane, Derby, City Of Derby DE24 8GG2
£150K11/220.43 mi72, Balfour Road, Derby, City Of Derby DE23 8UN2
£128K04/230.44 mi41, Strutt Street, Derby, City Of Derby DE23 8FF2
£90K03/210.44 mi36, Brunswick Street, Derby, Derbyshire DE23 8TP2
£105K02/210.45 mi88, Hawthorn Street, Derby, City Of Derby DE24 8BB2
£82.5K12/220.45 mi54, Silver Hill Road, Derby, City Of Derby DE23 6UJ2
£123K12/220.45 mi62, Silver Hill Road, Derby, City Of Derby DE23 6UJ2
£112.8K06/230.45 mi24, Chatham Street, Derby, City Of Derby DE23 8TH2
£82K10/200.45 mi58, Dale Road, Derby, City Of Derby DE23 6QW2
£60K01/210.46 mi17, Silver Hill Road, Derby, Derbyshire DE23 6UL2
£87K01/230.47 mi51, Cummings Street, Derby, City Of Derby DE23 6WX2
£99K11/200.48 mi14, Willn Street, Derby, City Of Derby DE23 8QS2
£105K04/230.52 mi10, Industrial Street, Derby, City Of Derby DE23 6WU2
£101K02/210.52 mi9, Industrial Street, Derby, City Of Derby DE23 6WU2
£115K03/230.52 mi39, Harriet Street, Derby, City Of Derby DE23 8EQ2
£80K08/210.53 mi400, Osmaston Road, Derby, City Of Derby DE24 8AG2
£95K11/200.53 mi47, Davenport Road, Derby, City Of Derby DE24 8AY2
£115K12/220.54 mi50, Newdigate Street, Derby, City Of Derby DE23 8UY2
£106K05/230.55 mi29, Provident Street, Derby, City Of Derby DE23 6WS2
£114K07/230.55 mi22, Twyford Street, Derby, City Of Derby DE23 8EP2
£92K01/210.55 mi20, Almond Street, Derby, City Of Derby DE23 6LW2

Local Rents

50 rents from £600/mo to £950/mo, average is £820/mo.

RentDateDistanceAddressBeds 
£80001/250.04 mi-2
£87512/240.04 miRutland Street2
£95005/240.09 mi-2
£87503/250.1 mi-2
£82503/240.12 miShaftesbury Crescent, DERBY2
£77503/240.12 miShaftesbury Crescent, Derby, DE23 8LZ2
£87001/240.17 mi-2
£87004/240.17 mi-2
£89001/250.17 mi-2
£89004/250.17 mi-2
£73503/250.19 mi-2
£89001/240.21 mi-2
£75002/250.21 mi-2
£80003/240.28 miSt. James Road, DERBY2
£90012/240.32 mi-2
£85002/240.34 mi-2
£85012/240.34 mi-2
£87512/240.34 mi-2
£87501/250.34 mi-2
£85002/250.34 mi-2
£85002/250.34 mi-2
£85001/250.34 mi-2
£87001/250.34 mi-2
£87502/250.34 mi-2
£85003/250.36 mi-2
£75010/230.4 miGrange Street, Derby, Derbyshire, DE232
£65003/240.41 miNormanton Road, Derby, Derbyshire, DE232
£75003/240.42 miBalfour Road, Derby, Derbyshire, DE232
£79502/250.43 mi-2
£72503/240.43 miBalfour Road, Derby2
£75003/240.44 miBrunswick Street 2
£75001/240.44 mi-2
£75012/240.44 mi-2
£80011/240.44 mi-2
£80004/240.46 mi13 Parkgate, 33-38 Reginald Street, Derby2
£60003/240.47 miNormanton Road, Derby, DE232
£79512/240.47 mi-2
£80002/240.47 mi-2
£78504/250.47 mi-2
£70004/240.49 miDerby, Derbyshire2
£85004/240.49 miDarby Street, Derby, DE232
£85004/240.49 miDarby Street, Derby, DE232
£85005/240.49 mi-2
£72503/240.51 miSackville Street, Derby2
£82511/240.51 mi-2
£80003/240.52 miThe Bank, Sidney Street, Derby2
£75012/240.54 mi-2
£82003/250.54 mi-2
£82003/250.54 mi-2
£77503/240.55 miNewdigate Street,2

Local Area Statistics

Population in DE23

59,979

Population in Derby

308,324

Town centre distance

0.73 miles away

Nearest school

0.20 miles away

Nearest train station

0.47 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Price changed to £130,000

February 20, 2025

Listed for £135,000

January 27, 2025

Description

  • Shops and amenities nearby +
  • Lounge +
  • Fitted Kitchen +
  • Double glazing +
  • Close to public transport +
  • Garden +
  • Mid terraced +
  • Spacious property +
  • Gas central heating +
  • Ideal buy to let +

Holcombe Street, Derby, Derbyshire, DE23 8HZ

Two-Bedroom Mid-Terrace in POPULAR Normanton Area.

Offered for sale by Property Options Estate Agents, this attractive two-bedroom mid-terraced home presents a rare opportunity for both homeowners and investors. Situated in the ever popular Normanton residential area of Derby, this property is presented in immaculate, move-in condition and enjoys convenient access to a range of local amenities.

Property Details:

The internal accommodation comprises a welcoming entrance leading to a spacious lounge, a separate dining room, and a modern, recently fitted kitchen. A convenient ground floor utility room and W.c.   Upstairs, you will find two well-proportioned double bedrooms and a family bathroom. The property benefits from gas central heating and double glazingthroughout. Externally, thereis a garden to the rear.

Currently, the property is a RENT OUT on a an assured shorthold tenancy arrangement, generating a steady annual income of £9,600, equivalent to £800 per calendar month.

Agent Details

Property Options Sales & Lettings, Derby

01332 215703

Next Steps?

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