2 Bed Semi-Detached House, Single Let, Derby, DE22 3PW, £140,000

Leicester Street, Derby, Derbyshire, DE22 3PW - 2 views - 2 months ago

Sold STC
BTL
ROI: 4%
~68 m²
+12 photos

ValuationOvervalued

Sold Prices£75K - £190K
Sold Prices/m²£1.2K/m² - £2.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.1K/m²

Value Estimate

£112,228

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£5,400

Total Cash In

£40,400

 

 

Cash Out

 

Rent Range

£98 - £2,450

Rent Estimate

£723

Running Costs/mo

£602

Cashflow/mo

£121

Cashflow/yr

£1,451

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £75K to £190K, average is £120.3K. £1.2K/m² to £2.9K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£101K04/210 mi55, Leicester Street, Derby, City Of Derby DE22 3PW2
£140K01/230.02 mi26, Leicester Street, Derby, City Of Derby DE22 3PX2
£124K11/210.03 mi54, Westbury Street, Derby, City Of Derby DE22 3PN2
£121K11/200.03 mi70b, Westbury Street, Derby, City Of Derby DE22 3PN2
£96.1K01/230.06 mi23, Dean Street, Derby, City Of Derby DE22 3PS2
£107.5K04/210.06 mi11, Dean Street, Derby, City Of Derby DE22 3PR2
£120K12/200.06 mi40, Dean Street, Derby, City Of Derby DE22 3PS2
£114.3K07/230.06 mi44, Dean Street, Derby, City Of Derby DE22 3PS2
£115K10/210.09 mi67, Dean Street, Derby, City Of Derby DE22 3PU2
£122K11/210.09 mi94, Moss Street, Derby, City Of Derby DE22 3WE2
£91K03/210.09 mi84, Moss Street, Derby, City Of Derby DE22 3WE2
£118K10/200.13 mi60, Bedford Street, Derby, City Of Derby DE22 3PD2
£117.5K08/210.14 mi22, Crosby Street, Derby, City Of Derby DE22 3NY2
£120.5K05/230.15 mi21, Raven Street, Derby, City Of Derby DE22 3WA2
£110.5K11/200.17 mi61, Upper Boundary Road, Derby, City Of Derby DE22 3NU2
£148K03/210.17 mi106, St Albans Road, Derby, City Of Derby DE22 3JP2
£157.3K02/230.19 mi7, Bedford Street, Derby, City Of Derby DE22 3PB2
£75K03/210.19 mi32, Bedford Street, Derby, City Of Derby DE22 3PB2
£145K03/230.19 mi10, Bedford Street, Derby, City Of Derby DE22 3PB2
£135K07/210.22 mi42, Camden Street, Derby, City Of Derby DE22 3NR2
£111K07/210.22 mi31, Camden Street, Derby, City Of Derby DE22 3NR2
£108K06/210.24 mi11, Olive Street, Derby, Derbyshire DE22 3RH2
£190K05/230.24 mi147, St Albans Road, Derby, City Of Derby DE22 3JN2
£167K04/230.24 mi121, St Albans Road, Derby, City Of Derby DE22 3JN2
£85K11/200.24 mi41, Hoult Street, Derby, City Of Derby DE22 3NQ2
£118K05/210.24 mi53, Hoult Street, Derby, City Of Derby DE22 3NQ2
£133K12/220.3 mi59, Riddings Street, Derby, City Of Derby DE22 3UT2
£145K04/230.32 mi37, May Street, Derby, City Of Derby DE22 3UQ2
£125K10/200.32 mi77, May Street, Derby, City Of Derby DE22 3UQ2
£135K04/230.33 mi8, Riddings Street, Derby, City Of Derby DE22 3US2
£112K09/210.34 mi64, Lynton Street, Derby, City Of Derby DE22 3RU2
£111K10/210.34 mi41, Ward Street, Derby, Derbyshire DE22 3RY2
£140K06/210.36 mi30, St Wystans Road, Derby, City Of Derby DE22 3JZ2
£162.5K02/210.36 mi25, St Wystans Road, Derby, City Of Derby DE22 3JZ2
£117K10/200.37 mi18, Farm Street, Derby, City Of Derby DE22 3UH2
£95K12/200.37 mi32, Farm Street, Derby, Derbyshire DE22 3UH2
£147K05/210.38 mi52, Warner Street, Derby, City Of Derby DE22 3TS2
£125K01/230.38 mi59, Jackson Street, Derby, City Of Derby DE22 3SA2
£125K05/210.39 mi4, College Mews, Derby, City Of Derby DE1 1UT2
£125K10/200.39 mi13, College Mews, Derby, City Of Derby DE1 1UT2
£118K02/210.39 mi201, Drewry Lane, Derby, City Of Derby DE22 3QT2
£130K06/230.39 mi179, Drewry Lane, Derby, City Of Derby DE22 3QT2
£138K01/230.4 mi12, Pelham Street, Derby, City Of Derby DE22 3UG2
£97K07/230.4 mi9, Spring Street, Derby, City Of Derby DE22 3UF2
£142.1K08/210.41 mi5, Bakewell Street, Derby, City Of Derby DE22 3SB2
£87.5K10/200.41 mi96, Drewry Lane, Derby, City Of Derby DE22 3QU2
£120K02/230.41 mi15, Sun Street, Derby, City Of Derby DE22 3UL2
£107K03/210.41 mi29, Sun Street, Derby, City Of Derby DE22 3UL2
£120K07/210.41 mi6, Sun Street, Derby, Derbyshire DE22 3UL2
£125K11/220.45 mi64, Werburgh Street, Derby, City Of Derby DE22 3QG2

Local Rents

52 rents from £98/mo to £2.5K/mo, average is £898/mo.

RentDateDistanceAddressBeds 
£80012/240.04 mi-2
£79512/240.04 mi-2
£2,45001/250.05 mi-2
£1,08312/240.06 miDean Street, Derby, 2
£77512/240.06 miStockbrook Road, Derby2
£79511/240.09 mi-2
£85011/240.09 mi-2
£77503/240.09 mi-2
£77512/240.09 mi-2
£85002/250.1 mi-2
£77512/240.14 mi-2
£90012/240.15 mi-2
£80012/240.15 mi-2
£76001/250.15 mi-2
£75001/240.16 mi-2
£80001/250.16 mi-2
£95001/240.16 mi-2
£1,15011/240.21 mi-2
£95012/240.21 miElmhurst Court, Lonsdale Place, Derby2
£95012/240.23 miLonsdale Place, DERBY2
£53512/240.24 miCamden Street, Derby, 2
£85012/240.24 miOlive Street, DERBY2
£1,90003/250.25 mi-2
£1,00003/240.29 miFox House, Erasmus Drive, Derby2
£1,02503/240.29 miFox house, Erasmus Drive, Derby DE1 2EL2
£1,10003/240.29 miFox House, 2 Erasmus Drive, DE1 2ES2
£90003/240.29 miFox House, Derby2
£1,05003/240.29 miErasmus Drive, Derby2
£1,00003/240.29 miFox House, Erasmus Drive2
£1,05004/240.29 miErasmus Drive, Derby2
£1,00004/240.29 miErasmus Drive, Derby2
£1,00004/240.29 miErasmus Drive, Derby2
£1,05004/240.29 miErasmus Drive, Derby2
£90004/240.29 miFox House, Derby2
£95004/240.29 miErasmus Drive, Derby2
£1,00004/240.29 miErasmus Drive, Derby2
£92504/240.29 miFox House, Erasmus Drive2
£95005/240.29 miFox House, 2 Erasmus Drive DE1 2EL2
£2,00003/240.29 mi-2
£2,00002/240.29 mi-2
£2,00002/240.29 mi-2
£89512/240.29 mi-2
£82512/240.3 mi-2
£82501/240.3 mi-2
£85002/240.31 mi-2
£75012/240.31 mi-2
£80002/240.32 mi-2
£39512/240.33 miLynton Street, Derby, 2
£75012/240.33 miRiddings Street, Derby, DE222
£89512/240.33 mi-2
£9804/240.34 miFlat, Derby2
£80012/240.34 miLynton Street, Derby, DE222

Local Area Statistics

Population in DE22

46,001

Population in Derby

308,324

Town centre distance

0.88 miles away

Nearest school

0.10 miles away

Nearest train station

1.33 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+2%

Sales demand

Seller's market

Capital growth (5yrs)

+15%

Property History

Listed for £140,000

February 11, 2025

Floor Plans

Description

  • Semi detached house +
  • Two bedrooms +
  • Lounge Diner +
  • Front forecourt and enclosed rear garden +
  • Allocated off street parking +
  • Cul de sac location +
  • Gas central heating +
  • Double glazed windows +
  • Good access to city centre and hospital +

An ideal buy to let investment or first time buy, located with great access to Derby Royal Hospital and the city centre offering two bedrooms, lounge diner, enclosed rear garden and allocated off street parking, being sold with no upward chain. This semi detached house benefits from gas central heating and double glazed windows. To the ground floor there is a welcoming hallway, kitchen and lounge diner with french doors to the garden. To the first floor there is two bedrooms and a bathroom with a three piece suite in white. To the front there is a forecourt garden and to the rear there is an enclosed and low maintenance paved garden with summerhouse. There is one allocated parking space located to the side of this row of houses. Viewing is essential.

Agent Details

Frank Innes, Derby

01332 215488

Next Steps?

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