2 Bed Flat, Single Let, Derby, DE1 2EB £185,000

7 Stuart Street, Derby, DE1, DE1 2EB - 1 views - 10 months ago
Sold STC
Leasehold
BTL
~67 m²
Property image
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+12 photos

ValuationOvervalued

Sold Prices£47.5K - £174K
Sold Prices/m²£950/m² - £2.9K/m²

 

 

Square Metres

~67.47 m²
Price/m²£2.7K/m²

Value Estimate

£112,188

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£46,250

Stamp Duty & Legal Fees

£11,650

Total Cash In

£57,900

 

 

Cash Out

 

Rent Range

£725 - £1,950

Rent Estimate

£756

Running Costs/mo

£749

Cashflow/mo

£7

Cashflow/yr

£80

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £47.5K to £174K, average is £124.8K. £950/m² to £2.9K/m², average is £1.8K/m².

Price
Date
Distance
Address
Beds
 
£129K10/240.02 mi7 Derby Riverside, Apartment 21, Stuart Street, Derby DE1 2EB2
£126.3K12/240.02 miApartment 14, 7 Derby Riverside, Stuart Street, Derby DE1 2EB2
£126.3K12/240.02 miApartment 14, 7 Derby Riverside, Stuart Street, Derby DE1 2EB2
£97.5K10/240.15 mi26, St Marys Court, Derby DE1 3DD2
£112K05/240.18 miCity Walk, 5, City Road, Derby DE1 3QD2
£116K05/210.18 mi27, City Walk, Derby, City Of Derby DE1 3QD2
£157K11/240.23 miThe School Yard, 8, Edward Street, Derby DE1 3BL2
£157K11/240.23 mi8, The School Yard, Edward Street, Derby DE1 3BL2
£114K01/230.24 miApartment 1, Waterside House, Duke Street, Derby, City Of Derby DE1 3BA2
£47.5K10/240.28 miMillers Court, 5, Edward Street, Derby DE1 3BN2
£90K05/250.28 mi5, Millers Court, Edward Street, Derby DE1 3BN2
£110K04/240.3 miParkland View, Flat 36, Bath Street, Derby DE1 3FG2
£123K03/250.31 miFlat 30, Parkland View, Bath Street, Derby DE1 3FG2
£123K03/250.31 miFlat 30, Parkland View, Bath Street, Derby DE1 3FG2
£118K06/240.33 miParkland View, Flat 81, Bath Street, Derby DE1 3FG2
£174K11/240.36 miWeavers Point, 9, Lodge Lane, Derby DE1 3HE2
£174K11/240.36 mi9, Weavers Point, Lodge Lane, Derby DE1 3HE2
£122K01/250.38 miApartment 3, Hawthorn House, North Street, Derby DE1 3AZ2
£122K01/250.38 miApartment 3, Hawthorn House, North Street, Derby DE1 3AZ2
£150.3K04/250.41 mi21, Longs Mill Brookbridge Court, Brook Street, Derby DE1 3LG2
£150.3K04/250.41 mi21, Longs Mill Brookbridge Court, Brook Street, Derby DE1 3LG2
£146K08/220.41 miLongs Mill Brookbridge Court, 23, Brook Street, Derby DE1 3LG2
£163.5K07/250.43 mi2b, Belper Road, Derby DE1 3EN2
£143K12/220.43 mi100, Bridge Street, Derby, City Of Derby DE1 3LF2
£140K03/230.46 miFirst Floor Flat, 3, Friary Street, Derby, City Of Derby DE1 1JF2
£125K08/240.47 mi56, Drage Street, Derby DE1 3RW2
£127.5K07/210.48 miApartment 2, Westpoint, Brook Street, Derby, City Of Derby DE1 3TE2
£85K10/210.51 mi12, Nuns Street, Derby, City Of Derby DE1 3LL2
£101.5K06/240.52 miCentro West, 50, Searl Street, Derby DE1 1BW2
£135K08/220.55 mi41, Auriga Court, Derby, City Of Derby DE1 3RH2
£160K05/240.58 miWestgate, Flat 21, Mill Street, Derby DE1 1DH2
£90K07/220.58 miFlat 14, Swinscoe House, Rosengrave Street, Derby, City Of Derby DE1 1PS2
£119K07/230.63 mi25, Magnus Court, Derby DE21 4TQ2
£110K05/220.63 miFlat 18, Derwent House, Huntingdon Green, Derby, City Of Derby DE21 6AB2
£124.5K06/230.63 mi23, Magnus Court, Derby DE21 4TQ2
£127.5K07/230.63 mi21, Magnus Court, Derby, City Of Derby DE21 4TQ2
£124.5K06/230.63 mi23, Magnus Court, Derby, City Of Derby DE21 4TQ2
£109K03/220.63 mi15, Magnus Court, Derby, City Of Derby DE21 4TQ2
£138K01/230.63 mi33, Magnus Court, Derby, City Of Derby DE21 4TQ2
£48K09/210.63 miFlat 27, Great Northern Point, Great Northern Road, Derby, City Of Derby DE1 1LZ2
£135K02/250.63 mi53, Magnus Court, Derby DE21 4TQ2
£135K02/250.63 mi53, Magnus Court, Derby DE21 4TQ2
£85K06/210.63 miFlat 5, Great Northern Point, Great Northern Road, Derby, City Of Derby DE1 1LZ2
£127.5K07/230.63 mi21, Magnus Court, Derby DE21 4TQ2
£121.3K01/220.64 mi11, Magnus Court, Derby, City Of Derby DE21 4TQ2
£117.5K05/220.64 mi41, Magnus Court, Derby, City Of Derby DE21 4TQ2
£117K08/210.64 mi37, Magnus Court, Derby, City Of Derby DE21 4TQ2
£125K07/220.64 mi31, Magnus Court, Derby, City Of Derby DE21 4TQ2
£130K02/240.64 mi27, Magnus Court, Derby DE21 4TQ2
£130K02/240.64 mi27, Magnus Court, Derby DE21 4TQ2

Local Rents

50 rents from £725/mo to £1.9K/mo, average is £995/mo.

Rent
Date
Distance
Address
Beds
 
£90008/250 miStuart Street, Derby2
£89503/240 miRiverside House, Stuart Street2
£90003/240 miDerby Riverside, Derby, DE1 2EB2
£87503/240 miDerby Riverside, Stuart Street, Derby, DE1 2EB2
£92504/240 miStuart Street, DERBY2
£90006/250 miDerby Riverside, Stuart Street, Derby, DE1 2EB2
£90006/250 miDerby Riverside, 7 Stuart Street2
£1,00007/250 miRiverside House, Stuart Street, Derby2
£90008/250 miStuart Street, Derby, DE12
£90011/250 miStuart Street, Derby, DE12
£92511/250 miDerby Riverside, Stuart Street, Derby, DE1 2EB2
£80009/250 miStuart Street, Derby, Derbyshire, DE12
£79508/250 miStuart Street, Derby2
£79508/250.01 miApt Riverside House Stuart Street, Derby City2
£77507/250.01 miThe Riverside Development, Stuart Street, Derby, DE1 2EB2
£1,15009/250.01 miStuart Street, Derby Riverside, DE12
£87503/240.02 miRiverside, Stuart Street2
£77508/250.02 miStuart Street, Derby, DE1 2EB2
£72508/250.02 miStuart Street, Derby, DE1 2EB2
£75007/250.02 miRiverside House, Stuart Street, Derby, DE1 2EB2
£89508/250.02 miDerby Riverside, 7 Stuart Street, Derby, Derbyshire, DE1 2EB2
£1,70004/250.02 mi-2
£1,40005/250.02 mi-2
£1,50006/250.02 mi-2
£1,50006/250.02 mi-2
£1,40005/250.02 miDerby Riverside, Derby, DE12
£1,50006/250.02 miDerby Riverside, Derby, DE12
£95004/240.02 miStuart Street, Derby2
£99508/250.02 mi-2
£99508/250.02 miRiverside, Derby, DE12
£97510/250.02 miDerby Riverside, 7 Stuart Street, Derby, Derbyshire, DE1 2EB2
£92511/250.02 miStuart Street, Derby, DE12
£87507/250.02 miRiverside House, Derby2
£90008/250.02 miRiverside House, Derby2
£1,70005/240.02 miDerby Riverside, Derby, DE12
£1,95005/240.02 mi-2
£1,70005/240.02 mi-2
£1,80012/240.02 mi-2
£1,85012/240.02 mi-2
£1,70012/240.02 mi-2
£1,65012/240.02 mi-2
£1,69512/240.02 mi-2
£1,69512/240.02 mi-2
£1,69912/240.02 mi-2
£1,65012/240.02 mi-2
£1,80001/250.02 mi-2
£1,65001/250.02 mi-2
£1,70001/250.02 mi-2
£1,75001/250.02 mi-2
£1,85003/250.02 mi-2

Local Area Statistics

Population in DE1

14,046

Population in Derby

308,324

Town centre distance

0.72 miles away

Nearest school

0.10 miles away

Nearest train station

0.82 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+9%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Listed for £185,000

February 3, 2025

Floor Plans

Property image

Description

  • Luxury Penthouse Apartment +
  • Two Double Bedrooms +
  • City Centre Location +
  • Balcony With Spectacular Views +
  • Bathroom & En Suite +
  • Secure Allocated Parking Space +
  • Vacant Possession +
  • No Upward Chain +
  • Leasehold +

A stunning two-bedroom penthouse apartment located in the sought-after Riverside Development in Derby City Centre. Offering a unique blend of modern living and breathtaking panoramic views over the city skyline. Available with vacant possession and no onward chain, this is a fantastic opportunity for buyers looking for a smooth and hassle-free purchase. As you enter, you’re welcomed by a bright hallway leading into an expansive open-plan lounge, kitchen, and dining area, designed for modern, sociable living. The space is flooded with natural light and provides direct access to a private balcony. The standout feature of this apartment is its large private balcony, which spans the full length of the property and is accessible from both the main bedroom and the living area. It offers fantastic riverside views and a perfect outdoor space for relaxation or entertaining. The apartment boasts two generously sized double bedrooms, ideal for professionals, couples, or investors. The master bedroom benefits from its own modern en-suite bathroom, providing added convenience and privacy. A stylish and well-appointed main bathroom completes the space, perfect for guests or shared use. For added security and convenience, the apartment comes with an allocated parking space within a secure gated development, offering peace of mind in the heart of the city. Situated in Derby’s vibrant City Centre, this penthouse enjoys easy access to local amenities, shopping, dining, and transport links, making it an excellent opportunity for both homeowners and investors alike. This luxury penthouse is a rare opportunity to own a high-end property with unrivaled views, modern living spaces, and a fantastic riverside setting. Available with no onward chain and vacant possession, early viewing is highly recommended. EPC rating: C. Tenure: Leasehold, Length of lease (remaining): 981 years 3 months,

Agent Details

Northwood, Derby

01332 215583

Next Steps?

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