2 Bed Flat, Single Let, Derby, DE1 3EN, £160,000

Belper Road, Strutts Park, Derby, DE1 3EN - 1 views - 2 months ago

Sold STC
Leasehold
BTL
~66 m²
+11 photos

ValuationOvervalued

Sold Prices£30K - £162.5K
Sold Prices/m²£545/m² - £2.7K/m²

 

 

Square Metres

~66.42 m²
Price/m²£2.4K/m²

Value Estimate

£115,645

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£9,900

Total Cash In

£49,900

 

 

Cash Out

 

Rent Range

£412 - £2,395

Rent Estimate

£646

Running Costs/mo

£649

Cashflow/mo

£-3

Cashflow/yr

£-38

Gross Yield

5%

Local Sold Prices

41 sold prices from £30K to £162.5K, average is £114K. £545/m² to £2.7K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£61.5K03/210.17 miFlat 112, Rivermead House, Bath Street, Derby, City Of Derby DE1 3BT2
£114K01/230.22 miApartment 1, Waterside House, Duke Street, Derby, City Of Derby DE1 3BA2
£143K12/220.28 mi100, Bridge Street, Derby, City Of Derby DE1 3LF2
£85K10/210.29 mi12, Nuns Street, Derby, City Of Derby DE1 3LL2
£127.5K11/200.33 mi22, City Walk, Derby, City Of Derby DE1 3QD2
£116K05/210.33 mi27, City Walk, Derby, City Of Derby DE1 3QD2
£127.5K07/210.35 miApartment 2, Westpoint, Brook Street, Derby, City Of Derby DE1 3TE2
£42K11/220.44 miFlat 33, Eaton Court, Leaper Street, Derby, City Of Derby DE1 3NX2
£60K12/200.44 miFlat 32, Eaton Court, Leaper Street, Derby, City Of Derby DE1 3NX2
£37K02/210.44 miFlat 35, Eaton Court, Leaper Street, Derby, City Of Derby DE1 3NX2
£162.5K04/210.48 miApartment 13, Wheeldon Manor, Wheeldon Avenue, Derby, City Of Derby DE22 1HY2
£121.3K01/220.5 mi11, Magnus Court, Derby, City Of Derby DE21 4TQ2
£117K08/210.5 mi37, Magnus Court, Derby, City Of Derby DE21 4TQ2
£109.5K03/210.5 mi23, Magnus Court, Derby, City Of Derby DE21 4TQ2
£117.5K05/220.5 mi41, Magnus Court, Derby, City Of Derby DE21 4TQ2
£124.5K06/230.5 mi23, Magnus Court, Derby, City Of Derby DE21 4TQ2
£109K03/220.5 mi15, Magnus Court, Derby, City Of Derby DE21 4TQ2
£138K01/230.5 mi33, Magnus Court, Derby, City Of Derby DE21 4TQ2
£117K08/210.5 mi37, Magnus Court, Derby, City Of Derby DE21 4TQ2
£125K07/220.5 mi31, Magnus Court, Derby, City Of Derby DE21 4TQ2
£135K08/220.51 mi41, Auriga Court, Derby, City Of Derby DE1 3RH2
£30K02/210.54 mi80, Magnus Court, Derby, City Of Derby DE21 4TR2
£30K02/220.54 mi80, Magnus Court, Derby, City Of Derby DE21 4TR2
£140K03/230.58 miFirst Floor Flat, 3, Friary Street, Derby, City Of Derby DE1 1JF2
£48K09/210.69 miFlat 27, Great Northern Point, Great Northern Road, Derby, City Of Derby DE1 1LZ2
£85K06/210.7 miFlat 5, Great Northern Point, Great Northern Road, Derby, City Of Derby DE1 1LZ2
£42.5K09/220.71 miFlat 5, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW2
£111K07/220.71 miFlat 41, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW2
£38K04/230.72 miFlat 31, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW2
£130K06/210.77 mi102, Highfields Park Drive, Derby, City Of Derby DE22 1JU2
£158K03/230.77 mi102, Highfields Park Drive, Derby, City Of Derby DE22 1JU2
£149K02/230.77 mi104, Highfields Park Drive, Derby, City Of Derby DE22 1JU2
£135K09/220.78 mi34, Kniveton Close, Derby, City Of Derby DE22 3BB2
£157K05/210.8 mi2, Darley Street, Darley Abbey, Derby, City Of Derby DE22 1DX2
£90K07/220.86 miFlat 14, Swinscoe House, Rosengrave Street, Derby, City Of Derby DE1 1PS2
£78.5K08/210.93 mi94, Gerard Street, Derby, City Of Derby DE1 1PH2
£87.5K11/200.93 mi114, Gerard Street, Derby, City Of Derby DE1 1PH2
£110K05/220.95 miFlat 18, Derwent House, Huntingdon Green, Derby, City Of Derby DE21 6AB2
£78K01/210.95 mi31, Moray Walk, Derby, City Of Derby DE21 6BR2
£136K06/210.96 mi103, Parliament Street, Derby, City Of Derby DE22 3RL2
£92.5K08/210.99 mi3, Jackdaw Close, Derby, City Of Derby DE22 3SY2

Local Rents

51 rents from £412/mo to £2.4K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£95004/250.07 mi-2
£41203/240.11 miNorthgate, North Street, Derby2
£54203/240.12 mi Students 2024/25 - Duffield Road, Derby, DE1 3BB LOW SECURITY DEPOSIT 2
£64503/240.13 miKings Court, Arthur Street, Derby, DE1 3DH 2
£2,39504/240.14 mi-2
£2,39503/240.14 mi-2
£2,39504/240.14 mi-2
£2,39505/240.14 mi-2
£2,39505/240.14 mi-2
£2,39505/240.14 mi-2
£2,39512/240.14 mi-2
£2,39512/240.14 mi-2
£65003/240.15 miNorth Parade, Derby2
£95005/240.15 miKing's Crescent Apartments, Derby, DE12
£95006/240.15 mi-2
£95012/240.15 mi-2
£95012/240.15 mi-2
£95012/240.15 mi-2
£85002/250.15 mi-2
£95002/250.15 mi-2
£99502/250.15 mi-2
£95002/250.15 mi-2
£95002/250.15 mi-2
£85002/250.15 mi-2
£95002/250.15 mi-2
£85003/250.15 mi-2
£79503/250.15 mi-2
£90004/250.15 mi-2
£97504/250.15 mi-2
£85004/250.15 mi-2
£87504/250.15 mi-2
£90004/250.15 mi-2
£99504/240.15 mi-2
£99503/240.15 miKing's Crescent Apartments, Derby, DE12
£95004/240.15 mi-2
£95003/240.15 miKing's Crescent Apartments, Derby, DE12
£99504/240.15 miKing's Crescent Apartments, Derby, DE12
£95004/240.15 miKing's Crescent Apartments, Derby, DE12
£99502/240.16 mi-2
£99503/240.16 miKings Crescent Apartments, Derby, DE12
£99504/250.16 mi-2
£65003/240.17 mi4 The Stables, Arthur Street, Derby, Derbyshire, DE12
£65012/240.18 mi-2
£80004/240.19 mi-2
£95002/240.19 mi-2
£69303/240.22 miStudents 2024/25 - Elms Street, Derby, Derbyshire, DE1 LOW SECURITY DEPOSIT 2
£85003/240.22 miWaterside House, Derby2
£85003/240.22 miApartment 13, Waterside House, Duke Street, Derby2
£85003/240.22 miApartment 13, Waterside House, Duke Street, Derby2
£95010/230.25 miHandyside Street, Derby, Derbyshire, DE12
£66304/240.25 miKing Street, Derby, Derbyshire, DE12

Local Area Statistics

Population in DE1

14,046

Population in Derby

308,324

Town centre distance

1.09 miles away

Nearest school

0.20 miles away

Nearest train station

1.24 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+28%

Property History

Listed for £160,000

February 13, 2025

Floor Plans

Description

  • Spacious Ground Floor Apartment set with Victorian Building +
  • Highly Sought after Location in Strutts Park Conservation Area +
  • Ideal Investment or First Time Buy +
  • Shared Entrance Hallway with Minton Tiled Floor +
  • Entrance Hallway, Living Room with Bay Window +
  • Contemporary Dining Kitchen & Cellar +
  • Two Double Bedrooms & Contemporary Bathroom +
  • Rear Courtyard & Parking Space at the Rear +
  • Close to Derby City Centre & The Beautiful Darley Park +
  • Leasehold - Share of Freehold - No Service Charge +

PREMIER LOCATION CLOSE TO DARLEY PARK - A beautifully presented, two double bedroom ground floor apartment, set within this highly desirable location on Belper Road in the Strutts Park conservation area, just a short walk from Derby city centre and the picturesque Darley Park. This spacious and well proportioned ground floor apartment is set within this beautiful Victorian building of immense style and character and retains many period features. This property features a practical layout with entrance hallway, spacious living room with large bay window, contemporary dining kitchen with integrated appliances, rear hallway, two double bedrooms and superb contemporary bathroom. The property also has a cellar, rear courtyard and a parking space at the rear.

The Detail - A stylish and beautifully appointed, two double bedroom ground floor apartment, set within this beautiful Victorian building of immense style and character and retaining many period features. This property has been significantly upgraded by the current vendors with the recent installation of a stylish contemporary dining kitchen and superb contemporary bathroom.

The welcoming shared entrance hallway features a traditional Minton-tiled floor, leading into the apartment’s inner hallway. The spacious lounge enjoys a front-facing bay window, flooding the room with natural light. There is a superb re-fitted contemporary dining kitchen with grey panelled units and integrated appliances comprising Neff stainless steel electric oven, induction hob, extractor, dishwasher and tall integrated fridge freezer. This kitchen offers access to the rear hallway and has double glazed french doors giving access to the rear garden.

Both bedrooms are accessed off the rear hallway and are well-proportioned double bedrooms, with the primary bedroom having access to the combination gas central heating boiler and cellar.

There is a superb contemporary bathroom that includes a panelled bath with a shower over, concealed cistern low flush wc and wash hand basin complemented by LED backlit mirror, stylish tiling and a heated towel rail.

The property is further enhanced by an allocated parking space accessed off Milford Street.

The property has a shared front garden and a rear courtyard garden.

Tenure : Leasehold - Share of the Freehold - No Service Charge

The Location - The property's position is within the Strutts Park conservation area, allows for easy access to Darley Park, which is a short stroll away. It is also a short walk from the City centre and noted Cathedral Quarter, which boasts some fine period architecture, designer boutiques and shops.

The nearby Darley Park provides extensive green space ideal for outdoor activities, while Darley Abbey is home to a variety of local bars, cafes, and restaurants. Enjoy a meal at Lorentes or visit Darley Abbey Wines for a selection of fine wines. The Lamp House, known for its delicious cakes, offers a lovely spot to unwind.

The location is well placed for easy access onto the A6, A38 and A52 leading to the M1 motorway. It is also convenient for Derby Railway Station, Pride Park, University of Derby, Rolls-Royce & The Royal Derby Hospital.

Tenure - The property is Leasehold with a 999 year which commenced in 2015 - the vendor is also the freeholder, so as such there is no ground rent or service charge payable.

Agent Details

Curran Birds + Co, Derby

01332 959030

Next Steps?

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