3 Bed Terraced House, Single Let, Derby, DE23 8EP, £110,000





ValuationUndervalued
Sold Prices | £77.5K - £250K |
Sold Prices/m² | £879/m² - £2.7K/m² |
| |
Square Metres | ~93 m² |
Price/m² | £1.2K/m² |
Value Estimate | £125,032£125,032 |
BMV | 14% |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £27,500£27,500 |
Stamp Duty & Legal Fees | £4,500£4,500 |
Total Cash In | £32,000£32,000 |
| |
Cash Out | |
Rent Range | £477 - £3,000£477 - £3,000 |
Rent Estimate | £900 |
Running Costs/mo | £544£544 |
Cashflow/mo | £356£356 |
Cashflow/yr | £4,275£4,275 |
ROI | 13%13% |
Gross Yield | 10%10% |
Local Sold Prices
50 sold prices from £77.5K to £250K, average is £134.5K. £879/m² to £2.7K/m², average is £1.3K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£165K | 06/21 | 0.19 mi | 12, Salisbury Street, Derby, Derbyshire DE23 6SL | £1,146 | 144 | 3 | Terraced House | |
£130K | 06/23 | 0.19 mi | 7, Renals Street, Derby, City Of Derby DE23 6SJ | £1,074 | 121 | 3 | Terraced House | |
£95K | 12/20 | 0.2 mi | 18, Chestnut Avenue, Derby, City Of Derby DE23 6WG | £1,067 | 89 | 3 | Terraced House | |
£115K | 03/21 | 0.23 mi | 28, Holmes Street, Derby, City Of Derby DE23 8GH | - | - | 3 | Terraced House | |
£220K | 08/22 | 0.25 mi | 16, Lime Avenue, Derby, City Of Derby DE1 1TU | £2,381 | 92 | 3 | Semi-Detached House | |
£195K | 12/20 | 0.25 mi | 20, Lime Avenue, Derby, City Of Derby DE1 1TU | £2,031 | 96 | 3 | Detached House | |
£110K | 02/21 | 0.26 mi | 11, Society Place, Derby, Derbyshire DE23 6UH | £1,209 | 91 | 3 | Terraced House | |
£160K | 06/21 | 0.31 mi | 138, Burton Road, Derby, City Of Derby DE1 1TN | £1,860 | 86 | 3 | Semi-Detached House | |
£150K | 11/22 | 0.34 mi | 39, Howard Street, Derby, City Of Derby DE23 6TX | £1,630 | 92 | 3 | Terraced House | |
£156.8K | 05/23 | 0.34 mi | 36, Sale Street, Derby, City Of Derby DE23 8GD | £1,128 | 139 | 3 | Terraced House | |
£102K | 12/22 | 0.37 mi | 27, Church Street, Derby, City Of Derby DE23 6QT | £962 | 106 | 3 | Terraced House | |
£134K | 05/23 | 0.38 mi | 127, Grange Street, Derby, City Of Derby DE23 8HD | - | - | 3 | Terraced House | |
£250K | 02/23 | 0.38 mi | 96, Empress Road, Derby, City Of Derby DE23 6TE | £2,660 | 94 | 3 | Semi-Detached House | |
£157K | 08/21 | 0.38 mi | 36, St Chads Road, Derby, Derbyshire DE23 6RR | - | - | 3 | Terraced House | |
£123.5K | 03/23 | 0.38 mi | 84, Northumberland Street, Derby, City Of Derby DE23 6UA | - | - | 3 | Terraced House | |
£160K | 12/22 | 0.39 mi | 151, Gerard Street, Derby, City Of Derby DE1 1PE | £2,025 | 79 | 3 | Terraced House | |
£150K | 10/21 | 0.41 mi | 41, Byron Street, Derby, City Of Derby DE23 6TU | £1,742 | 86 | 3 | Terraced House | |
£115K | 03/21 | 0.46 mi | 22, Augusta Street, Derby, City Of Derby DE23 8HR | £943 | 122 | 3 | Terraced House | |
£123K | 12/20 | 0.48 mi | 14, Sun Street, Derby, City Of Derby DE22 3UL | £1,352 | 91 | 3 | Terraced House | |
£215K | 09/21 | 0.48 mi | 50, Stonehill Road, Derby, Derbyshire DE23 6TJ | £1,693 | 127 | 3 | Semi-Detached House | |
£90K | 08/21 | 0.5 mi | 143, Lower Dale Road, Derby, City Of Derby DE23 6XA | £1,169 | 77 | 3 | Terraced House | |
£163K | 07/21 | 0.52 mi | 12, Horton Street, Derby, City Of Derby DE23 8LN | £1,116 | 146 | 3 | Semi-Detached House | |
£115K | 01/21 | 0.52 mi | 11, Porter Road, Derby, City Of Derby DE23 6QZ | £1,292 | 89 | 3 | Terraced House | |
£115K | 05/21 | 0.52 mi | 12, Spring Street, Derby, City Of Derby DE22 3UF | £1,337 | 86 | 3 | Semi-Detached House | |
£200K | 09/21 | 0.52 mi | 104, St Chads Road, Derby, City Of Derby DE23 6RP | £1,515 | 132 | 3 | Semi-Detached House | |
£145K | 06/21 | 0.53 mi | 35, Fairfax Road, Derby, City Of Derby DE23 6RX | £879 | 165 | 3 | Terraced House | |
£151K | 02/23 | 0.53 mi | 164, Woods Lane, Derby, City Of Derby DE22 3UE | £1,961 | 77 | 3 | Terraced House | |
£108.5K | 09/21 | 0.53 mi | 41, May Street, Derby, City Of Derby DE22 3UQ | - | - | 3 | Terraced House | |
£77.5K | 02/23 | 0.53 mi | 142, Leacroft Road, Derby, City Of Derby DE23 8HX | £981 | 79 | 3 | Terraced House | |
£190K | 03/21 | 0.54 mi | 51, Vicarage Avenue, Derby, City Of Derby DE23 6TQ | £1,301 | 146 | 3 | Semi-Detached House | |
£132K | 01/21 | 0.54 mi | 28, May Street, Derby, City Of Derby DE22 3UP | £1,553 | 85 | 3 | Terraced House | |
£162K | 08/21 | 0.54 mi | 20, Fairfax Road, Derby, City Of Derby DE23 6RW | £1,723 | 94 | 3 | Semi-Detached House | |
£135K | 10/22 | 0.55 mi | 38, Crompton Street, Derby, City Of Derby DE1 1NX | - | - | 3 | Terraced House | |
£110K | 12/20 | 0.55 mi | 45, Thorn Street, Derby, City Of Derby DE23 6LZ | £1,410 | 78 | 3 | Terraced House | |
£200K | 08/21 | 0.55 mi | 56, Vicarage Avenue, Derby, City Of Derby DE23 6TP | £1,478 | 135 | 3 | Semi-Detached House | |
£145K | 09/21 | 0.57 mi | 16, Crown Street, Derby, City Of Derby DE22 3UR | £1,667 | 87 | 3 | Terraced House | |
£83.5K | 05/21 | 0.57 mi | 21, Netherclose Street, Derby, City Of Derby DE23 8QG | £1,144 | 73 | 3 | Terraced House | |
£95K | 10/20 | 0.57 mi | 40, St Thomas Road, Derby, City Of Derby DE23 8SU | £1,301 | 73 | 3 | Terraced House | |
£242.5K | 12/22 | 0.57 mi | 12, Railway Terrace, Derby, City Of Derby DE1 2RU | £2,417 | 100 | 3 | Terraced House | |
£160K | 05/23 | 0.58 mi | 20, Sherwood Street, Derby, City Of Derby DE22 3UW | £2,282 | 70 | 3 | Terraced House | |
£110K | 12/22 | 0.59 mi | 44, Almond Street, Derby, City Of Derby DE23 6LW | - | - | 3 | Terraced House | |
£105K | 01/21 | 0.59 mi | 81, Reeves Road, Derby, City Of Derby DE23 8JF | £1,458 | 72 | 3 | Terraced House | |
£110K | 05/23 | 0.59 mi | 16, Joseph Street, Derby, City Of Derby DE23 8QH | £1,250 | 88 | 3 | Terraced House | |
£225K | 06/21 | 0.6 mi | 4, Railway Terrace, Derby, City Of Derby DE1 2RU | - | - | 3 | Semi-Detached House | |
£103K | 11/20 | 0.61 mi | 72, Porter Road, Derby, City Of Derby DE23 6RA | £1,170 | 88 | 3 | Terraced House | |
£130K | 12/20 | 0.61 mi | 39, King Alfred Street, Derby, City Of Derby DE22 3QL | £1,537 | 85 | 3 | Terraced House | |
£91K | 02/21 | 0.62 mi | 71, Holcombe Street, Derby, City Of Derby DE23 8JA | £1,282 | 71 | 3 | Terraced House | |
£111.5K | 03/21 | 0.62 mi | 34, Scott Street, Derby, City Of Derby DE23 8QT | £1,093 | 102 | 3 | Terraced House | |
£134.9K | 01/23 | 0.64 mi | 23, Wolfa Street, Derby, City Of Derby DE22 3SE | £1,730 | 78 | 3 | Terraced House | |
£147K | 11/21 | 0.65 mi | 25, Baseball Drive, Derby, City Of Derby DE23 8NE | £1,269 | 116 | 3 | Terraced House |
Local Rents
46 rents from £477/mo to £3K/mo, average is £1.1K/mo.
Rent | Date | Distance | Address | Beds | Type | |
£950 | 02/25 | 0.01 mi | - | 3 | Terraced House | |
£875 | 04/24 | 0.13 mi | Belgrave Street, Normanton, Derby | 3 | Terraced House | |
£1,050 | 03/24 | 0.15 mi | Hartington Mews, DERBY | 3 | Flat | |
£2,850 | 01/24 | 0.27 mi | - | 3 | Terraced House | |
£2,850 | 02/24 | 0.27 mi | - | 3 | Terraced House | |
£1,250 | 03/25 | 0.27 mi | - | 3 | Terraced House | |
£1,200 | 03/24 | 0.27 mi | Erasmus Drive, Derby, Derbyshire | 3 | Semi-Detached House | |
£1,150 | 03/24 | 0.28 mi | Erasmus Drive, Derby | 3 | Flat | |
£1,200 | 03/24 | 0.28 mi | Erasmus Drive, Derby DE1 2EH | 3 | House | |
£1,150 | 04/24 | 0.28 mi | Erasmus Drive, Derby | 3 | House | |
£1,200 | 03/24 | 0.29 mi | Saxelbye Avenue, DERBY | 3 | House | |
£1,200 | 03/24 | 0.29 mi | Saxelbye Avenue, Derby, DE1 2UH | 3 | Flat | |
£1,250 | 04/24 | 0.29 mi | Saxelbye Avenue, DERBY | 3 | House | |
£1,250 | 02/25 | 0.3 mi | - | 3 | Terraced House | |
£3,000 | 03/24 | 0.31 mi | - | 3 | Semi-Detached House | |
£950 | 03/24 | 0.39 mi | Webster Street, City Centre | 3 | Terraced House | |
£477 | 04/24 | 0.4 mi | Webster Street | 3 | House | |
£477 | 05/24 | 0.4 mi | Webster Street | 3 | House | |
£1,300 | 01/25 | 0.4 mi | - | 3 | Terraced House | |
£1,300 | 02/25 | 0.4 mi | - | 3 | Terraced House | |
£1,300 | 03/25 | 0.4 mi | - | 3 | Terraced House | |
£1,500 | 12/24 | 0.41 mi | - | 3 | Semi-Detached House | |
£1,450 | 12/24 | 0.41 mi | - | 3 | Semi-Detached House | |
£995 | 03/24 | 0.43 mi | Forester Street | 3 | Terraced House | |
£850 | 02/25 | 0.44 mi | - | 3 | Terraced House | |
£825 | 04/24 | 0.44 mi | Hope St, Derby City Centre | 3 | House | |
£1,150 | 03/24 | 0.45 mi | Carrington Street, Derby | 3 | Flat | |
£800 | 03/24 | 0.46 mi | - | 3 | Terraced House | |
£800 | 02/24 | 0.46 mi | - | 3 | Terraced House | |
£800 | 12/24 | 0.46 mi | Farm Street, Derby, DE22 | 3 | Terraced House | |
£950 | 02/24 | 0.48 mi | - | 3 | Terraced House | |
£895 | 12/24 | 0.5 mi | - | 3 | Terraced House | |
£1,300 | 08/24 | 0.5 mi | - | 3 | Terraced House | |
£1,300 | 01/25 | 0.5 mi | - | 3 | Terraced House | |
£1,300 | 03/25 | 0.5 mi | - | 3 | Terraced House | |
£750 | 04/24 | 0.51 mi | Dexter Street, Derby, Derby, DE23 | 3 | Terraced House | |
£900 | 04/25 | 0.52 mi | - | 3 | Terraced House | |
£995 | 12/24 | 0.53 mi | Woods Lane, Derby | 3 | Terraced House | |
£850 | 03/24 | 0.54 mi | ST. James Road, Derby | 3 | Terraced House | |
£1,400 | 03/25 | 0.56 mi | - | 3 | Flat | |
£1,495 | 12/24 | 0.57 mi | - | 3 | Terraced House | |
£850 | 04/24 | 0.59 mi | Reeves Road, Normanton | 3 | Terraced House | |
£900 | 12/24 | 0.6 mi | - | 3 | Terraced House | |
£975 | 12/24 | 0.6 mi | Werburgh Street, Derby | 3 | Terraced House | |
£995 | 03/24 | 0.61 mi | Porter Road, DERBY | 3 | Flat | |
£1,000 | 01/25 | 0.61 mi | - | 3 | Terraced House |
Local Area Statistics
Population in DE23 | 59,97959,979 |
Population in Derby | 308,324308,324 |
Town centre distance | 0.20 miles away0.20 miles away |
Nearest school | 0.10 miles away0.10 miles away |
Nearest train station | 0.56 miles away0.56 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | -2%-2% |
Sales demand | Seller's marketSeller's market |
Capital growth (5yrs) | +22%+22% |
Property History
Listed for £110,000
February 4, 2025
Floor Plans

Description
- Three Spacious Bedrooms: Well-proportioned rooms offering flexibility for family living. +
- Generous Living Room: A versatile space suitable for relaxation or entertaining. +
- Efficient Kitchen: Compact design with ample workspace and storage for everyday needs. +
- First-Floor Bathroom: Practical layout with essential fixtures, including a bath, sink, and toilet. +
- Investment Potential: Currently has tenants in situ paying £900pcm. +
- Approx. 72.3 sq. metres: Well-designed layout maximising usable space. +
- Convenient Location: Close to local amenities, schools, and transport links. +
- Vacant Possession: Ready for immediate occupation or marketing to tenants. +
- Sought-After Area: Located in a popular neighbourhood, ideal for buyers and investors alike. +
- No Onward Chain: Simplified purchasing process with fewer delays. +
SUMMARY This three-bedroom home offers a practical layout, suitable for families, first-time buyers, or investors. The property spans approximately 72.3 square metres (778 square feet), providing well-proportioned living spaces.
On the ground floor, the living room offers a versatile space for day-to-day use, with a straightforward design that accommodates a variety of furniture layouts.
The first floor includes three bedrooms, each offering functional space suitable for various uses, such as family living, guest accommodation, or a home office. The kitchen provides ample storage and work surfaces, while the bathroom is equipped with a practical layout to meet everyday needs.
This property also presents an excellent investment opportunity, having previously been let at £850 per calendar month, with potential to achieve £950 per calendar month in the current market. Its location and layout make it appealing to tenants, ensuring a strong rental return.
Located close to local amenities, transport links, and schools, this property provides convenience and accessibility. It is a suitable choice for both owner-occupiers and investors.
Viewings are recommended to fully assess the potential of this property.
LIVING ROOM Located on the ground floor, this room provides a functional space for relaxing or entertaining. With a simple layout, it accommodates a variety of furniture arrangements and benefits from easy access to the rest of the property.
BEDROOM 1 This spacious double bedroom is positioned on the first floor and offers ample room for a bed and additional furniture. Its proportions make it ideal as the primary bedroom.
BEDROOM 2 Another well-sized double bedroom on the first floor, providing versatility for use as a guest room, home office, or additional sleeping space.
BEDROOM 3 A bright and practical room, slightly larger than Bedroom 2, this space can serve as a secondary bedroom or adaptable living area depending on the occupant's needs.
KITCHEN Compact yet efficient, the kitchen features ample workspace and storage, making it suitable for preparing and cooking meals. Its layout is designed for practicality and ease of use.
BATHROOM A neatly arranged bathroom fitted with essential fixtures, including a bath, sink, and toilet, providing a functional space to meet everyday requirements.
LANDING The first-floor landing connects all rooms and provides seamless movement throughout the upper floor of the property.
FREE PROPERTY VALUATION Why Choose Tristram's?
- Exceptional Service: Experience the difference with Tristram's renowned service. Our dedicated team goes above and beyond to ensure your needs are not just met but exceeded at every turn.
- Rave Reviews: Don't just take our word for it! Explore our glowing reviews on Google, where satisfied clients sing our praises. Discover why Tristram's Sales & Lettings stands out from the crowd!
What We Offer:
- Free Valuation: Gain insights into your property's true value with our complimentary valuation service. Unlock hidden opportunities and maximize your return on investment.
- Expert Advice: Benefit from personalized, expert advice tailored to your unique goals and circumstances. We're here to guide you through every decision, ensuring you're empowered to make the best choices for your property.
- Results-Driven Approach: From strategic marketing to finding the perfect buyer or tenant, Tristram's delivers results that exceed expectations. Let us unleash the full potential of your property and propel you towards your real estate dreams!
Ready to embark on your property journey with confidence? Contact Tristram's today and let's turn your aspirations into reality!
DISCLAIMER Money Laundering Regulations: Tristram's ask intending purchasers to produce identification documentation. Any delay in receiving this information may cause a delay in agreeing a sale.
Measurements: The room sizes are approximate and are only intended as a guide to the size of the property. We would advise you to verify any measurements that you may require.
Services: Please note Tristram's do not test services, any equipment or appliances in the properties that we market, therefore we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
These particulars are issued in good faith as a guide to prospective purchasers, they do not constitute representations of fact or form part of any offer or contract. The particulars of any property we market should be independently verified by prospective buyers. Neither Tristram's Property Services Ltd nor any of its employees or agents has any authority to make or give any representation or warranty whatsoever in relation to this property. Tristram's has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
While we endeavour to make our sales particulars as fair, accurate and reliable as possible, they are only a general guide for prospective purchasers, therefore if there is any point which is of a particular importance to you, please contact the office and we will be pleased to look into this for you.
SALE METHOD This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties' personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The buyer will pay £300 inc VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a Non Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase
price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450. These services are optional.
Similar Properties
Like this property? Maybe you'll like these ones close by too.
3 Bed House, Single Let, Derby, DE23 8EL
£165,000
2 views • 9 months ago • 76 m²
2 Bed House, Single Let, Derby, DE23 6SS
£130,000
2 views • 3 months ago • 66 m²
3 Bed House, Single Let, Derby, DE23 6WH
£160,000
2 months ago • 93 m²
5 Bed House, Single Let, Derby, DE23 8FP
£245,000
4 views • 8 months ago • 184 m²