4 Bed Detached House, Refurb/BRRR, Derby, DE3 0PD, £325,000

Langford Road, Mickleover, Derby, Derbyshire, DE3 0PD - 3 months ago

Refurb/BRRR
~113 m²
+21 photos

ValuationOvervalued

Sold Prices£228K - £700K
Sold Prices/m²£1.8K/m² - £4.5K/m²

 

 

Square Metres

~113.22 m²
Price/m²£2.9K/m²

Value Estimate

£265,625

 

 

End Value (After Refurb)

£314,343

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£23,700

Refurb Costs

£45,879

Bridging Loan Interest

£8,531

Total Cash In

£161,110

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£314,343

Mortgage (After Refinance)

£235,757

Mortgage LTV

75%

Cash Left In

£161,110

Equity

£78,586

Rent Range

£900 - £1,450

Rent Estimate

£1,143

Running Costs/mo

£1,231

Cashflow/mo

£-88

Cashflow/yr

£-1,055

Gross Yield

4%

Local Sold Prices

48 sold prices from £228K to £700K, average is £354K. £1.8K/m² to £4.5K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£265K10/200.08 mi7, Tiverton Close, Mickleover, Derby, City Of Derby DE3 0SE4
£328K12/220.09 mi60, Inglewood Avenue, Mickleover, Derby, City Of Derby DE3 0RU4
£349.9K03/210.13 mi180, Station Road, Mickleover, Derby, City Of Derby DE3 9FJ4
£675K03/210.14 mi254b, Station Road, Mickleover, Derby, City Of Derby DE3 9FG4
£312.5K02/210.16 mi13, Mickleross Close, Mickleover, Derby, City Of Derby DE3 9JF4
£320K04/230.16 mi15, Fairbourne Drive, Mickleover, Derby, City Of Derby DE3 0SA4
£443K10/210.18 mi1a, East Avenue, Mickleover, Derby, City Of Derby DE3 9FR4
£450K10/210.18 mi1, East Avenue, Mickleover, Derby, City Of Derby DE3 9FR4
£422.5K03/230.21 mi74, Chestnut Avenue, Mickleover, Derby, City Of Derby DE3 9FS4
£400K02/210.23 mi15, Whistlestop Close, Mickleover, Derby, City Of Derby DE3 9DA4
£285K09/210.25 mi1, Mews Court, Mickleover, Derby, City Of Derby DE3 9DB4
£416.5K01/230.27 mi5, West Drive, Mickleover, Derby, City Of Derby DE3 0EX4
£433.6K04/230.36 mi2, Thorpe Drive, Mickleover, Derby, City Of Derby DE3 9GA4
£315K02/230.39 mi28, Gisborne Close, Mickleover, Derby, City Of Derby DE3 9LU4
£645K10/200.42 mi110, Station Road, Mickleover, Derby, City Of Derby DE3 9FP4
£395K03/210.42 mi91, Station Road, Mickleover, Derby, City Of Derby DE3 9FP4
£315K10/200.46 mi16, Poppyfields Drive, Mickleover, Derby, City Of Derby DE3 9GB4
£700K11/220.48 mi76, Station Road, Mickleover, Derby, City Of Derby DE3 9GJ4
£320K12/220.51 mi13, New Orchard Place, Mickleover, Derby, City Of Derby DE3 9GY4
£242K07/210.52 mi23, Darwin Road, Mickleover, Derby, City Of Derby DE3 9HU4
£380K05/210.58 mi122, Western Road, Mickleover, Derby, City Of Derby DE3 9GR4
£299.9K10/200.61 mi31, Glenfield Crescent, Mickleover, Derby, City Of Derby DE3 0RF4
£299.9K02/210.61 mi8, Wade Drive, Mickleover, Derby, Derbyshire DE3 9BS4
£406.3K04/230.61 mi34, Wade Drive, Mickleover, Derby, City Of Derby DE3 9BS4
£359K02/210.61 mi6, Greenside Court, Mickleover, Derby, City Of Derby DE3 0RG4
£318K10/210.63 mi130, Western Road, Mickleover, Derby, City Of Derby DE3 9GS4
£315K12/210.64 mi31, Parkstone Court, Mickleover, Derby, City Of Derby DE3 0RJ4
£485K10/210.67 mi46, Burlington Way, Mickleover, Derby, City Of Derby DE3 9BD4
£550K06/230.67 mi56, Burlington Way, Mickleover, Derby, City Of Derby DE3 9BD4
£435K03/210.72 mi172, Western Road, Mickleover, Derby, City Of Derby DE3 9GT4
£272.5K03/210.74 mi7, Magdalene Drive, Mickleover, Derby, City Of Derby DE3 9DH4
£375K05/210.8 mi7, Mickleover Manor, Mickleover, Derby, City Of Derby DE3 0SH4
£325K02/210.8 mi12, Epping Close, Derby, City Of Derby DE22 4HR4
£320K01/230.81 mi2, Wenlock Close, Mickleover, Derby, City Of Derby DE3 9NT4
£410K10/210.81 mi31, Mickleover Manor, Mickleover, Derby, City Of Derby DE3 0SH4
£410K02/230.82 mi6, Pendlebury Drive, Mickleover, Derby, City Of Derby DE3 9SS4
£243K04/210.83 mi49, Muswell Road, Derby, City Of Derby DE22 4HL4
£275K03/210.84 mi4, Acacia Avenue, Mickleover, Derby, City Of Derby DE3 9NL4
£385K11/200.87 mi16, Freesia Close, Mickleover, Derby, City Of Derby DE3 9NJ4
£228K04/210.88 mi37, Hindscarth Crescent, Mickleover, Derby, City Of Derby DE3 9NN4
£429K12/200.92 mi39, Muirfield Drive, Mickleover, Derby, City Of Derby DE3 9YA4
£355K03/210.92 mi42, Muirfield Drive, Mickleover, Derby, City Of Derby DE3 9YA4
£295K02/210.93 mi2, Welney Close, Mickleover, Derby, City Of Derby DE3 0NZ4
£353K03/210.94 mi10, Springdale Court, Mickleover, Derby, City Of Derby DE3 9SW4
£400K05/210.94 mi263, Uttoxeter Road, Mickleover, Derby, City Of Derby DE3 9AF4
£240K12/200.96 mi17, Skiddaw Drive, Mickleover, Derby, City Of Derby DE3 9NE4
£390K06/230.97 mi3, Rough Heanor Road, Mickleover, Derby, City Of Derby DE3 9AZ4
£253.3K10/201 mi14, Blencathra Drive, Mickleover, Derby, City Of Derby DE3 9NP4

Local Rents

28 rents from £900/mo to £1.4K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,05004/240.1 miLadybank Road, Mickleover3
£1,00003/240.17 miChilson Drive, Mickleover, Derby3
£1,10005/240.18 miChilson Drive, Mickleover, Derby3
£1,10004/240.2 mi-3
£1,30004/240.26 mi-4
£1,05004/240.27 miHoylake Court, Mickleover3
£92503/240.3 miBanwell Close, Mickleover, Derby3
£1,20003/240.36 miSnowdrop Road, Mickleover, Derby3
£1,40003/240.36 miRosehip Road, Mickleover, Derby3
£1,17503/240.38 miVictoria Close, Mickleover, DE3 9JQ3
£1,15003/250.38 mi-3
£95004/240.4 miFenton Road, Mickleover, Derby3
£1,10003/250.4 mi-3
£1,20004/240.43 miIris Crescent, Mickleover DE3 0FW3
£1,20003/240.46 miBay Close, Mickleover3
£99503/240.47 miBarnwood Close, Mickleover3
£1,10003/240.47 miVicarage Road, Mickleover, Derby, Derbyshire3
£1,05004/240.47 miVicarage Road, Mickleover, Derby, Derbyshire3
£1,10004/240.51 mi-3
£1,45004/250.51 mi-4
£90003/240.54 miVicarage Road, Mickleover, Derby, Derbyshire3
£1,35002/240.54 mi-3
£1,35004/240.54 mi-3
£1,20003/240.54 mi-3
£1,35003/240.54 miMyrtle Avenue, Mickleover, Derby, DE33
£1,10002/240.6 mi-4
£1,10002/240.6 mi-4
£99503/240.62 miPortland Close, Mickleover, Derby3

Local Area Statistics

Population in DE3

17,094

Population in Derby

308,324

Town centre distance

2.99 miles away

Nearest school

0.30 miles away

Nearest train station

3.27 miles away

 

 

Rental growth (12m)

-2%

Sales demand

Seller's market

Capital growth (5yrs)

+10%

Property History

Listed for £325,000

January 29, 2025

Floor Plans

Description

  • Quiet Cul De Sac Location +
  • Bay Fronted Lounge +
  • Two Reception Rooms +
  • Open Plan Kitchen Diner +
  • Fantastic Transport +
  • Bay Fronted Lounge +
  • Off-Street Parking And Garage +
  • Extremeley Well Presented +
  • EPC Rating - +
  • Council Tax Band - D +

Stunning 4 Bedroom House with Bay Fronted Lounge and Open Plan Kitchen Diner in Quiet Cul De Sac, Derby

Are you on the lookout for a perfect family home in a peaceful location? Look no further because this stunning 4 bedroom house on Langford Road, Derby, is exactly what you've been waiting for. With a range of excellent features and a prime position in a quiet cul de sac, this property is a must-see.

As soon as you step through the front door, you will appreciate how well the property has been looked after by the current owners.

The bay fronted lounge is a true highlight, with ample space to relax and unwind after a long day. Natural light floods through the large windows, creating a bright and inviting atmosphere for you to enjoy. The lounge has stairs leading to the first floor.

The property boasts two additional reception rooms, providing you and your family with plenty of flexible space to use as you wish. Whether you want to set up a home office, a playroom for the kids, or an extra living area, the possibilities are endless.

The heart of any home is the kitchen, and this property offers an open plan kitchen diner that is both stylish and practical. The well-designed layout makes cooking a breeze, with plenty of counter space and high-quality appliances to help you create culinary masterpieces. The dining area is perfect for entertaining guests or enjoying family meals, with space for a large dining table and direct access to the garden.

Moving upstairs the property has a central hallway leading to the four bedrooms and family bathroom.

To master bedroom sits to the rear of the home looking over the rear garden.

Bedroom two is to the front of the home overlooking the cul de sac.

The two remaining bedrooms sit either side of the landing and have a mutitude of uses from home office to nursery.

The exteriors of the home are presented well both to the front and rear. The front of the home is slated with sleepers leading to the front door. The rear garden is a lawned area with a small patio area just outside of the double french doors with a sizeable patio area adjacent to the garage.

In terms of location, Langford Road is perfect for those seeking a peaceful retreat while remaining well-connected to amenities and transport links. The fantastic transport options mean you can easily access the nearby city center, schools, shops, and entertainment venues, making this house ideal for families and professionals alike. Plus, with its quiet cul de sac setting, you can enjoy a tranquil lifestyle away from the hustle and bustle of the city.

The house itself has been extremely well-presented throughout, ensuring that you can move in immediately without the need for any renovations or alterations. The property boasts an EPC Rating - and falls under Council Tax Band - D, making it an affordable choice for homeowners.

Mickleover is a fantastic village providing amenities for all ages full of essential amenities. There are a wealth of primary schools throughout the village and feed into John Port Academy. The Tesco Supermarket and a petrol station as well as an array of shops on Uttoxeter Road including a Post Office, Birds, restaurants, a bar, charity shop and takeaways. There are a number of buses that run frequently into the City Centre which also pass Royal Derby Hospital on the way through with easy access to the major road links including the A38, leading to the A50 and the A52 towards the A6.

Don't miss out on this exceptional opportunity to own a stunning 4 bedroom house in a prime location. Contact us today to arrange a viewing and experience the charm and elegance of this incredible property for yourself. Your dream home awaits!

Agent Details

Cope & Co, Derby

01332 215563

Next Steps?

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