2 Bed Terraced House, Single Let, Derby, DE21 6ER, £170,000

Suffolk Avenue, Chaddesden, DE21 6ER - 2 months ago

BTL
ROI: 1%
~68 m²
+11 photos

ValuationOvervalued

Sold Prices£75K - £265K
Sold Prices/m²£675/m² - £3.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.5K/m²

Value Estimate

£152,089

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£6,300

Total Cash In

£48,800

 

 

Cash Out

 

Rent Range

£665 - £925

Rent Estimate

£763

Running Costs/mo

£704

Cashflow/mo

£59

Cashflow/yr

£710

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £75K to £265K, average is £148.5K. £675/m² to £3.8K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£159.9K12/200.01 mi68, Suffolk Avenue, Derby, City Of Derby DE21 6ER2
£160K02/230.01 mi44, Suffolk Avenue, Derby, City Of Derby DE21 6ER2
£139.9K02/210.05 mi43, Mayfield Road, Chaddesden, Derby, City Of Derby DE21 6FX2
£195K01/210.05 mi5, Mayfield Road, Chaddesden, Derby, City Of Derby DE21 6FX2
£167.5K03/210.05 mi48, Shropshire Avenue, Derby, City Of Derby DE21 6EU2
£161.5K09/210.07 mi37, Shropshire Avenue, Derby, City Of Derby DE21 6EW2
£177K04/230.13 mi2a, Roe Farm Lane, Derby, City Of Derby DE21 6ET2
£152.5K12/220.15 mi56, Cumberland Avenue, Derby, City Of Derby DE21 6FL2
£180K08/230.16 mi57, Northwood Avenue, Chaddesden, Derby, City Of Derby DE21 6JH2
£147K06/210.16 mi69, Northwood Avenue, Chaddesden, Derby, City Of Derby DE21 6JH2
£175K02/230.16 mi14, Atlow Road, Chaddesden, Derby, City Of Derby DE21 6JG2
£166.1K09/210.18 mi25, Madison Avenue, Chaddesden, Derby, City Of Derby DE21 6HZ2
£175K07/230.21 mi55, Madison Avenue, Chaddesden, Derby, City Of Derby DE21 6JA2
£135K02/210.21 mi29, Oakleigh Avenue, Chaddesden, Derby, City Of Derby DE21 6GZ2
£137K03/210.21 mi23, Oakleigh Avenue, Chaddesden, Derby, City Of Derby DE21 6GZ2
£154K11/210.22 mi15, Hanbury Road, Chaddesden, Derby, City Of Derby DE21 6FT2
£185K05/230.22 mi15, Hanbury Road, Chaddesden, Derby, City Of Derby DE21 6FT2
£105K03/210.23 mi182, Wiltshire Road, Derby, City Of Derby DE21 6EZ2
£171K02/230.24 mi46, Lindsey Close, Derby, City Of Derby DE21 6DG2
£118K04/210.25 mi5a, Hillcrest Road, Derby, City Of Derby DE21 6FJ2
£127.5K12/200.25 mi7, Aylesbury Avenue, Chaddesden, Derby, City Of Derby DE21 6JB2
£160K07/210.26 mi89, Chaddesden Park Road, Derby, City Of Derby DE21 6HL2
£75K07/210.29 mi22, Walpole Street, Derby, City Of Derby DE21 6DP2
£169.9K09/210.3 mi46, Reginald Road South, Chaddesden, Derby, City Of Derby DE21 6NF2
£180K04/230.3 mi18, York Road, Chaddesden, Derby, City Of Derby DE21 6HS2
£85K11/210.32 mi10, Clinton Street, Derby, City Of Derby DE21 6DH2
£107K02/230.32 mi287, Nottingham Road, Derby, City Of Derby DE21 6FP2
£200K01/230.33 mi28, Spinney Road, Chaddesden, Derby, City Of Derby DE21 6HW2
£112.5K06/210.34 mi3, Norwich Street, Derby, City Of Derby DE21 6GN2
£128.3K11/210.34 mi24, Norwich Street, Derby, City Of Derby DE21 6GN2
£111K08/230.35 mi26, Cornwall Road, Derby, City Of Derby DE21 6DJ2
£151K02/210.36 mi42, Wilsthorpe Road, Chaddesden, Derby, City Of Derby DE21 4QR2
£202K12/220.36 mi178, Chaddesden Park Road, Derby, City Of Derby DE21 6HN2
£205K04/230.37 mi155, Chaddesden Park Road, Derby, City Of Derby DE21 6HP2
£180K05/230.37 mi3, Rushcliffe Avenue, Chaddesden, Derby, City Of Derby DE21 6NW2
£155K03/210.37 mi105, Max Road, Chaddesden, Derby, City Of Derby DE21 4GZ2
£95.5K06/210.42 mi223, Nottingham Road, Derby, City Of Derby DE21 6AP2
£100K11/210.42 mi241, Nottingham Road, Derby, City Of Derby DE21 6AP2
£100K11/210.42 mi251, Nottingham Road, Derby, City Of Derby DE21 6AP2
£130K03/230.42 mi170, Cowsley Road, Derby, City Of Derby DE21 6EG2
£105K10/220.43 mi54, Somerset Street, Derby, City Of Derby DE21 6DY2
£265K02/210.44 mi11, Highfield Lane, Chaddesden, Derby, City Of Derby DE21 6PG2
£108.5K07/210.49 mi29, Francis Street, Derby, City Of Derby DE21 6DD2
£105.5K10/210.5 mi6, Francis Street, Derby, City Of Derby DE21 6DB2
£110K04/210.51 mi177, Nottingham Road, Derby, City Of Derby DE21 6AN2
£150K03/210.53 mi4, The Crescent, Chaddesden, Derby, City Of Derby DE21 6QB2
£135K10/210.53 mi33, The Crescent, Chaddesden, Derby, City Of Derby DE21 6QD2
£132K04/210.53 mi43, The Crescent, Chaddesden, Derby, City Of Derby DE21 6QD2
£91K12/200.55 mi75, Radnor Street, Derby, City Of Derby DE21 6EB2
£135K12/220.56 mi12, Pembroke Street, Derby, City Of Derby DE21 6ED2

Local Rents

13 rents from £665/mo to £925/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£80002/240.07 mi-2
£85012/240.11 miNorthwood Avenue, Chaddesden2
£82512/240.21 mi23 Oakleigh Avenue, Chaddesden, Derby, DE21 6GZ2
£82002/240.28 mi-2
£82012/240.28 miOaktree Apartments, Derby, DE212
£82012/240.28 miOaktree Apartments, Derby, DE212
£84001/240.28 mi-2
£83004/250.3 mi-2
£89512/240.44 mi-2
£92504/250.49 mi-2
£75012/240.49 miFrancis Street, DERBY2
£66512/240.53 miSt. Marks Road, Chaddesden2
£87504/250.62 mi-2

Local Area Statistics

Population in DE21

57,023

Population in Derby

308,324

Town centre distance

1.52 miles away

Nearest school

0.30 miles away

Nearest train station

1.18 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

0%

Sales demand

Seller's market

Capital growth (5yrs)

+37%

Property History

Listed for £170,000

February 11, 2025

Floor Plans

Description

  • Extended, Two-Bedroom, End Terrace Property +
  • Available With No Upward Chain, Ideal First Time Buy +
  • Early Viewing Recommended +
  • EPC Rating D, Standard Construction +
  • Council Tax Band A, Freehold +
  • Two Reception Rooms & Kitchen +
  • Cloakroom/WC, Utility Room +
  • Shower Room With Three Piece Suite +
  • Gas Central Heating And Double Glazing +
  • Popular Location Close To Local Amenities +

An early viewing is recommended of this extended two-bedroom, end terrace property available with no upward chain. The property benefits from two reception rooms, cloaks/WC, an enclosed rear garden and off-road parking, making it ideal for a first time buyer!

The accommodation is supplemented by gas fired central heating, UPVC double glazing and briefly comprises:- entrance hallway, lounge with double doors to additional reception area, kitchen, cloakroom/WC and utility room.

To the first floor the landing provides access to two bedrooms and shower room.

Outside, there is a block paved frontage providing off-road parking suitable for a smaller vehicle.

There is an enclosed and mature garden to the rear.

Suffolk Avenue is well situated for Chaddesden and its range of shops, schools and transport links together with excellent road links for the A52, M1 motorway, A50 and Nottingham East Midlands Airport.

Agent Details

Hannells Estate Agents, Chaddesden

01332 215192

Next Steps?

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