2 Bed Flat, Single Let, Derby, DE21 7UJ £135,000

Pintle Place, Spondon, Derby, DE21 7UJ - 10 months ago
Sold STC
Leasehold
BTL
ROI: 2%
~68 m²
Property image
Property image
Property image
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ValuationOvervalued

Sold Prices£75K - £165K
Sold Prices/m²£893/m² - £2.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2K/m²

Value Estimate

£124,172

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£33,750

Stamp Duty & Legal Fees

£8,150

Total Cash In

£41,900

 

 

Cash Out

 

Rent Range

£525 - £1,050

Rent Estimate

£656

Running Costs/mo

£573

Cashflow/mo

£83

Cashflow/yr

£995

ROI

2%

Gross Yield

6%

Local Sold Prices

24 sold prices from £75K to £165K, average is £117.5K. £893/m² to £2.6K/m², average is £2K/m².

Price
Date
Distance
Address
Beds
 
£117.5K11/230.19 mi13, Peckerdale Gardens, Spondon, Derby, City Of Derby DE21 7SX2
£128K04/230.19 mi27, Peckerdale Gardens, Spondon, Derby, City Of Derby DE21 7SX2
£107K11/210.19 mi23, Peckerdale Gardens, Spondon, Derby, City Of Derby DE21 7SX2
£120K05/230.19 mi34, Peckerdale Gardens, Spondon, Derby, City Of Derby DE21 7SX2
£117.5K11/230.19 miFlat 13, Peckerdale Gardens, Derby DE21 7SX2
£105K09/210.19 mi3, Peckerdale Gardens, Spondon, Derby, City Of Derby DE21 7SX2
£120K01/240.2 miFlat 42, Peckerdale Gardens, Derby DE21 7SX2
£120K01/240.2 miFlat 42, Peckerdale Gardens, Derby DE21 7SX2
£80K10/210.25 mi90, Arnhem Terrace, Spondon, Derby, City Of Derby DE21 7PQ2
£165K06/250.31 miFlat 6, 116, Nottingham Road, Spondon, Derby DE21 7NP2
£165K06/250.31 miFlat 6, 116, Nottingham Road, Spondon, Derby DE21 7NP2
£108K06/230.36 mi1, Flat 4, Hatton Mews, Derby DE21 7UA2
£148K06/250.66 mi37, Towpath Way, Derby DE21 7SL2
£148K06/250.66 mi37, Towpath Way, Derby DE21 7SL2
£130K05/250.67 mi54, Bridgeside Way, Derby DE21 7SH2
£130K05/250.67 mi54, Bridgeside Way, Derby DE21 7SH2
£85K11/240.76 mi19a, Nottingham Road, Derby DE72 3JU2
£85K11/240.76 mi19a, Nottingham Road, Derby DE72 3JU2
£85K11/240.76 mi19a, Nottingham Road, Derby DE72 3JU2
£75K07/240.85 mi17, Harlech Close, Spondon, Derby DE21 7RE2
£75K07/240.85 mi17, Harlech Close, Spondon, Derby DE21 7RE2
£90K07/210.86 mi59, Central Avenue, Borrowash, Derby, Derbyshire DE72 3JZ2
£110K03/230.86 mi57, Central Avenue, Borrowash, Derby, Derbyshire DE72 3JZ2
£129.5K08/230.98 mi7, Windmill Meadow, Spondon, Derby, City Of Derby DE21 7SZ2

Local Rents

28 rents from £525/mo to £1.1K/mo, average is £828/mo.

Rent
Date
Distance
Address
Beds
 
£87508/250.01 miPintle Place, Spondon, DE21 7UJ2
£79508/250.01 miPintle Place, Spondon, DE21 7UJ2
£62508/250.14 miBrookfield Court, Edmund Road, Spondon DE21 7TW2
£90012/240.15 miSilver Hill Road, Spondon, DE21 7HA2
£80008/250.18 miFalconside Drive, Spondon2
£82512/240.18 miFalconside Drive, Spondon2
£85012/240.18 miFalconside Drive, Spondon2
£87507/250.18 miFalconside Drive, Spondon2
£80012/240.19 miPeckerdale Gardens, Spondon2
£85011/250.19 miPeckerdale Gardens, Spondon, Derby, DE212
£82510/250.19 miPeckerdale Gardens, Spondon, Derby, DE212
£82511/250.19 mi-2
£52508/250.2 miPeckerdale Gardens, Derby, Derby2
£87507/250.2 mi-2
£75007/250.2 miPeckerdale Gardens, Spondon, Derby, Derbyshire2
£82511/250.2 miPeckerdale Gardens, Spondon, Derby, Derbyshire2
£55008/250.37 miPark Leys Court, Spondon, Derby2
£97510/250.37 mi-2
£97510/250.37 miSpondon, Derby, DE212
£85011/250.38 miHatton Mews, Spondon, Derby, Derbyshire, DE212
£90011/250.48 miOrmskirk Rise, Spondon, DERBY2
£85006/250.55 miOakfields Grove, Spondon, DE212
£82508/250.59 miTowpath Court, Spondon, Derby, DE212
£99512/240.61 miBankfield Drive, Spondon, Derby, Derbyshire, DE21 7QZ2
£1,05008/250.61 miBankfield Drive, Spondon, DE212
£83009/250.61 mi-2
£77002/240.62 mi-2
£79004/250.62 mi-2

Local Area Statistics

Population in DE21

57,018

Population in Derby

308,324

Town centre distance

3.20 miles away

Nearest school

0.30 miles away

Nearest train station

0.55 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+12%

Sales demand

Seller's market

Capital growth (5yrs)

+33%

Property History

Price changed to £135,000

March 4, 2025

Listed for £130,000

February 10, 2025

Floor Plans

Property image

Description

  • Ground floor apartment +
  • Sought after new development +
  • Ideal first time buyer or buy to let investment +
  • Great transport links to the A52 and M1 +
  • Allocated parking +

SUMMARY
Hall and Benson are pleased to present this modern and well presented two bedroom ground floor apartment in a fairly new development in Spondon. The property is perfect for quick access to Derby City and Nottingham via the A52 and a short distance to the M1.

DESCRIPTION
This well maintained property would be suited perfectly to a first time buyer or buy to let investor. The accommodation comprises a hallway, lounge, modern shaker style kitchen/diner, two bedrooms and family bathroom. Outside is allocated parking.

Hallway  
Entrance is via a wooden front door into hallway which comprises of one radiator, carpet flooring, and storage cupboards where you will also locate the boiler.

Kitchen 15' 4" x 6' 9" ( 4.67m x 2.06m )
A modern shaker style kitchen and dining room with a range of wall and base units, vinyl flooring, two UPVC double glazing windows to the rear, one radiator, gas hob, plumbing for washing machine, stainless steel sink and mixer tap.

Lounge 13' 8" x 9' 4" ( 4.17m x 2.84m )
Carpet flooring, UPVC double glazed window to front and one radiator.

Bedroom 1 10' 3" x 9' 2" ( 3.12m x 2.79m )
Carpet flooring, UPVC double glazed window to front, one radiator and fitted wardrobes.

Bedroom 2 10' 3" x 6' 7" ( 3.12m x 2.01m )
Carpet flooring, UPVC double glazed window to front and one radiator.

Bathroom  
Well presented bathroom suite including a shower over bath, UPVC double glazed window to the rear, WC, sink, heated towel rail and spot lighting.

Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Hall & Benson, Spondon

01332 215175

Next Steps?

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