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