2 Bed Terraced House, Single Let, Derby, DE24 3LL, £160,000

Stornoway Close, Sinfin, Derby, Derbyshire, DE24 3LL - 3 months ago

Sold STC
BTL
ROI: 2%
~55 m²
+12 photos

ValuationOvervalued

Sold Prices£80K - £200K
Sold Prices/m²£1.4K/m² - £4.1K/m²

 

 

Square Metres

~54.90 m²
Price/m²£2.9K/m²

Value Estimate

£135,921

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£9,200

Total Cash In

£49,200

 

 

Cash Out

 

Rent Range

£750 - £900

Rent Estimate

£753

Running Costs/mo

£671

Cashflow/mo

£82

Cashflow/yr

£989

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £80K to £200K, average is £150K. £1.4K/m² to £4.1K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£120K05/210.05 mi5, Kintyre Drive, Sinfin, Derby, Derbyshire DE24 3JZ2
£160K10/210.05 mi13, Kintyre Drive, Sinfin, Derby, Derbyshire DE24 3JZ2
£147K03/230.05 mi22, Kintyre Drive, Sinfin, Derby, City Of Derby DE24 3JZ2
£120.5K11/200.08 mi20, Cairngorm Drive, Sinfin, Derby, Derbyshire DE24 3JT2
£155K02/230.08 mi22, Cairngorm Drive, Sinfin, Derby, City Of Derby DE24 3JT2
£143.5K06/210.09 mi8, Hebrides Close, Sinfin, Derby, Derbyshire DE24 3LP2
£124K12/200.12 mi42, Kestrels Croft, Sinfin, Derby, Derbyshire DE24 3EW2
£135K06/230.12 mi42, Kestrels Croft, Sinfin, Derby, City Of Derby DE24 3EW2
£153K01/230.12 mi27, Orkney Close, Sinfin, Derby, City Of Derby DE24 3LW2
£125K05/210.12 mi18, Orkney Close, Sinfin, Derby, City Of Derby DE24 3LW2
£109K01/210.16 mi22, The Eyrie, Sinfin, Derby, City Of Derby DE24 3EP2
£150K04/210.18 mi8, Nevis Close, Stenson Fields, Derby, Derbyshire DE24 3AE2
£136.8K11/200.2 mi19, Irvine Close, Stenson Fields, Derby, Derbyshire DE24 3HS2
£178K05/230.2 mi12, Irvine Close, Stenson Fields, Derby, Derbyshire DE24 3HS2
£158K04/210.26 mi35, Gairloch Close, Stenson Fields, Derby, Derbyshire DE24 3AH2
£150K03/210.26 mi43, Gairloch Close, Stenson Fields, Derby, Derbyshire DE24 3AH2
£142K03/230.29 mi4, Merrybower Close, Stenson Fields, Derby, Derbyshire DE24 3JJ2
£148K06/210.29 mi4, Hunters Croft, Stenson Fields, Derby, Derbyshire DE24 3DN2
£118.7K03/210.29 mi8, Maree Close, Sinfin, Derby, City Of Derby DE24 9LL2
£150K07/230.3 mi53, Pilgrims Way, Stenson Fields, Derby, Derbyshire DE24 3JQ2
£152K06/230.31 mi9, Swallowdale Road, Sinfin, Derby, City Of Derby DE24 9NT2
£170K05/230.31 mi7, Dunvegan Close, Stenson Fields, Derby, Derbyshire DE24 3AL2
£163.5K05/210.32 mi513, Arleston Lane, Stenson Fields, Derby, Derbyshire DE24 3DA2
£152K04/230.35 mi23, Michelle Close, Stenson Fields, Derby, Derbyshire DE24 3LZ2
£152K11/200.35 mi27, Goathland Road, Stenson Fields, Derby, Derbyshire DE24 3BW2
£185K02/230.36 mi17, Bluebell Close, Stenson Fields, Derby, Derbyshire DE24 3JF2
£165K07/210.39 mi6, Levetts Close, Stenson Fields, Derby, Derbyshire DE24 3EU2
£200K08/230.4 mi27, Hobkirk Drive, Sinfin, Derby, City Of Derby DE24 3DT2
£125K04/210.4 mi15, Hobkirk Drive, Sinfin, Derby, City Of Derby DE24 3DT2
£80K05/230.41 mi11, Nicola Gardens, Derby, City Of Derby DE23 1NQ2
£176K06/230.43 mi2, Quantock Close, Stenson Fields, Derby, Derbyshire DE24 3BG2
£166K11/210.45 mi48, Beaufort Road, Stenson Fields, Derby, Derbyshire DE24 3AZ2
£131K05/210.45 mi47, Ettrick Drive, Sinfin, Derby, City Of Derby DE24 3EA2
£190K12/220.46 mi529, Stenson Road, Derby, City Of Derby DE23 1LP2
£150K03/210.46 mi8, Lauder Close, Sinfin, Derby, City Of Derby DE24 3EF2
£157.5K11/200.5 mi24, Eastcroft Avenue, Littleover, Derby, Derbyshire DE23 1NL2
£153K03/210.52 mi15, Bramblehedge Drive, Sinfin, Derby, City Of Derby DE24 9SB2
£138K04/210.59 mi199, Oaklands Avenue, Littleover, Derby, City Of Derby DE23 2QP2
£136K09/210.6 mi7, Waltham Avenue, Sinfin, Derby, City Of Derby DE24 9PS2
£130K02/210.61 mi33, Dewchurch Drive, Sunnyhill, Derby, City Of Derby DE23 1XP2
£172K05/230.64 mi14, Loyne Close, Sinfin, Derby, City Of Derby DE24 3HN2
£172K11/220.65 mi23, Bretby Square, Littleover, Derby, City Of Derby DE23 2PF2
£154K03/230.68 mi46, Rodsley Crescent, Littleover, Derby, City Of Derby DE23 2NY2
£136K01/210.78 mi116, Swarkestone Drive, Littleover, Derby, City Of Derby DE23 2PE2
£180K07/230.78 mi122, Swarkestone Drive, Littleover, Derby, City Of Derby DE23 2PE2
£150K11/220.87 mi157, Coleridge Street, Derby, City Of Derby DE23 1JX2
£120K03/210.93 mi36, Grenfell Avenue, Sunnyhill, Derby, City Of Derby DE23 1JZ2
£102K01/210.95 mi34, Carlyle Street, Sinfin, Derby, City Of Derby DE24 9GT2
£147K11/200.98 mi1, St Stephens Close, Sunnyhill, Derby, Derbyshire DE23 1HH2
£83K03/210.99 mi10, Macaulay Street, Sinfin, Derby, City Of Derby DE24 9HA2

Local Rents

10 rents from £750/mo to £900/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£75012/240.05 miKintyre Drive, Stenson Fields2
£87012/240.06 mi-2
£77512/240.08 mi-2
£82512/240.21 miGlenmore Drive, Stenson Fields, Derby, Derbyshire, DE24 3HT2
£85003/250.27 mi-2
£75012/240.32 miMichelle Close, Stenson Fields2
£80003/240.38 miNicola Gardens, Littleover, Derby2
£80003/250.38 mi-2
£90004/240.4 mi-2
£80002/240.4 mi-2

Local Area Statistics

Population in DE24

54,396

Population in Derby

308,324

Town centre distance

2.78 miles away

Nearest school

0.20 miles away

Nearest train station

1.72 miles away

 

 

Rental demand

Landlord's market

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Listed for £160,000

January 29, 2025

Floor Plans

Description

  • Modern end townhouse +
  • Two bedrooms +
  • Lounge and kitchen diner +
  • Off Street parking +
  • Enclosed rear garden +
  • Private position +
  • Electric heating and double glazing +
  • Cul de sac location +

A modern and well presented end townhouse with a private outlook offering two bedrooms, kitchen diner, enclosed garden and off street parking. This ideal first time buy or buy to let investment opportunity benefits from electric heating and double glazing. To the ground floor there is a sizeable lounge with useful cloak storage cupboard and feature fire and a kitchen diner overlooking the garden. To the first floor there is two generous sized bedrooms and a bathroom with a three piece suite in white. To the front there is a block paved driveway for two cars and to the rear there is an enclosed garden with a paved patio, lawn and decked terrace. Viewing is essential.

Agent Details

Frank Innes, Derby

01332 215488

Next Steps?

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