2 Bed Flat, Single Let, Derby, DE73 5AB, £120,000

28 Prestwick Way, Chellaston, DE73 5AB - 2 views - a month ago

Leasehold
BTL
ROI: 8%
55 m²
+8 photos

ValuationOvervalued

Sold Prices£60K - £220K
Sold Prices/m²£1.7K/m² - £3.2K/m²

 

 

Square Metres

55.28 m²
Price/m²£2.2K/m²

Value Estimate

£115,982

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£4,800

Total Cash In

£34,800

 

 

Cash Out

 

Rent Range

£725 - £925

Rent Estimate

£795

Running Costs/mo

£554

Cashflow/mo

£241

Cashflow/yr

£2,892

ROI

8%

Gross Yield

8%

Local Sold Prices

22 sold prices from £60K to £220K, average is £124.3K. £1.7K/m² to £3.2K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£115K12/210.03 mi32, Prestwick Way, Chellaston, Derby, City Of Derby DE73 5AB2
£112.5K10/210.07 mi105, Parkway, Chellaston, Derby, City Of Derby DE73 5QB2
£126K04/230.07 mi103, Parkway, Chellaston, Derby, City Of Derby DE73 5QB2
£112.5K10/210.07 mi105, Parkway, Chellaston, Derby, City Of Derby DE73 5QB2
£87K03/230.14 mi29, Thurstone Furlong, Chellaston, Derby, City Of Derby DE73 5PZ2
£149.9K02/220.36 mi28, Ferncroft Walk, Chellaston, Derby, City Of Derby DE73 6SA2
£60K08/210.37 miFlat 12, Stonyhurst Court, Sinfin Avenue, Shelton Lock, Derby, City Of Derby DE24 9JZ2
£80K12/200.42 mi20, Sheldon Court, Shelton Lock, Derby, City Of Derby DE24 9QR2
£220K06/210.45 mi10, Ranworth Close, Derby, City Of Derby DE24 9QG2
£95.5K05/220.45 mi34, Stonebroom Walk, Shelton Lock, Derby, City Of Derby DE24 9QS2
£160K06/210.54 mi5, Lorraine Close, Shelton Lock, Derby, City Of Derby DE24 9EX2
£114K08/220.58 mi4, Blithfield Gardens, Chellaston, Derby, City Of Derby DE73 6XQ2
£104K01/220.58 mi6, Blithfield Gardens, Chellaston, Derby, City Of Derby DE73 6XQ2
£121K03/230.58 mi14, Blithfield Gardens, Chellaston, Derby, City Of Derby DE73 6XQ2
£180K05/210.62 mi39, Green Avenue, Chellaston, Derby, City Of Derby DE73 6TE2
£175K12/210.63 mi1, Whitehouse Close, Shelton Lock, Derby, City Of Derby DE24 9QE2
£162K11/200.67 mi109, Sinfin Avenue, Shelton Lock, Derby, City Of Derby DE24 9EY2
£138.5K03/210.67 mi95, Sinfin Avenue, Shelton Lock, Derby, City Of Derby DE24 9EY2
£175K08/210.68 mi120, Sinfin Avenue, Shelton Lock, Derby, City Of Derby DE24 9EZ2
£160K11/220.71 mi17, Highgrove Court, Shelton Lock, Derby, City Of Derby DE24 9SJ2
£122.5K06/210.71 mi7, Highgrove Court, Shelton Lock, Derby, City Of Derby DE24 9SJ2
£140K09/220.71 mi15, Highgrove Court, Shelton Lock, Derby, City Of Derby DE24 9SJ2

Local Rents

11 rents from £725/mo to £925/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£72503/240.03 miPrestwick Way, Chellaston, Derby, DE732
£79504/240.07 miAlonso Close, Chellaston2
£85002/250.09 mi-2
£79503/240.14 miThurstone Furlong, Chellaston2
£85012/240.14 mi-2
£87503/240.23 miRose Close, Chellaston, Derby, Derbyshire, DE73 5XP2
£80003/240.37 miLockington Close, Chellaston2
£85003/240.48 miSimcoe Leys, Chellaston, Derby2
£82503/240.48 miSimcoe Leys, Chellaston2
£85003/240.55 miGreen Avenue, Chellaston, Derby, DE73 6TE2
£92512/240.58 miHickling Close, Shelton Lock, Derby2

Local Area Statistics

Population in DE73

19,040

Population in Derby

308,324

Town centre distance

3.20 miles away

Nearest school

0.20 miles away

Nearest train station

2.10 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+20%

Sales demand

Seller's market

Capital growth (5yrs)

+24%

Property History

Listed for £120,000

February 13, 2025

Floor Plans

Description

  • Contemporary open-plan living space with dual-aspect windows +
  • Two well-proportioned double bedrooms +
  • Modern fitted kitchen with integrated appliances +
  • Secure entry system and allocated parking +
  • Immaculate neutral décor throughout +
  • Excellent transport links and local amenities +
  • No chain +
  • Perfect starter home +

Modern Elegance Meets Practical Living in Chellaston

Nestled in the desirable community of Chellaston, this sophisticated ground-floor apartment offers the perfect blend of style and functionality. As you step through the private entrance, you're welcomed into a space that's been thoughtfully designed for contemporary living.
The heart of this home is its bright, open-plan living area, where double-aspect windows flood the space with natural light. The modern kitchen flows seamlessly into the dining and living spaces, creating an ideal setting for both entertaining and relaxed evenings at home. Decorated in calming neutral tones throughout, this apartment offers a blank canvas for your personal style.
Both bedrooms are generously proportioned doubles, with the master bedroom featuring built-in wardrobes for ample storage. The modern bathroom, complete with a bath/shower combination and chrome fixtures, adds a touch of luxury to daily routines.
Practicality hasn't been overlooked, with a dedicated storage cupboard and allocated parking space making this an incredibly functional home. The property's ground-floor position offers easy access, while secure entry systems provide peace of mind.

Location Highlights:
Prestwick Way enjoys an enviable position in Chellaston, offering the perfect balance of connectivity and community. With excellent local schools, shopping conveniences, and regular bus services to Derby City Centre, everything you need is within easy reach. The proximity to major road networks and East Midlands Airport makes this location ideal for commuters.

Agent Details

Berkley Estate & Letting Agents, Kibworth

0116 502 3583

Next Steps?

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