2 Bed Terraced House, Single Let, Derby, DE24 8WL, £135,000

Clifford Street, Wilmorton,, DE24 8WL - 2 views - 2 months ago

Sold STC
BTL
ROI: 4%
~68 m²
+7 photos

ValuationOvervalued

Sold Prices£75K - £205K
Sold Prices/m²£1K/m² - £3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2K/m²

Value Estimate

£106,608

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£33,750

Stamp Duty & Legal Fees

£5,250

Total Cash In

£39,000

 

 

Cash Out

 

Rent Range

£620 - £1,595

Rent Estimate

£698

Running Costs/mo

£581

Cashflow/mo

£117

Cashflow/yr

£1,398

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £75K to £205K, average is £110.8K. £1K/m² to £3K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£108K12/200.01 mi20, Clifford Street, Derby, City Of Derby DE24 8WL2
£120K11/210.04 mi22, Taylor Street, Derby, City Of Derby DE24 8WP2
£108K04/210.04 mi34, Dickinson Street, Derby, City Of Derby DE24 8WJ2
£130K06/230.04 mi41, Dickinson Street, Derby, City Of Derby DE24 8WJ2
£107K03/210.06 mi18, Archer Street, Derby, City Of Derby DE24 8WR2
£93K11/200.06 mi3, Beverley Street, Derby, City Of Derby DE24 8WG2
£93K11/200.06 mi61, Taylor Street, Derby, City Of Derby DE24 8WP2
£125K07/230.07 mi11, Gloster Street, Derby, City Of Derby DE24 8WS2
£114K02/210.12 mi20, Bowmer Road, Derby, Derbyshire DE24 8WT2
£110K12/200.2 mi16, Harrow Street, Derby, City Of Derby DE24 8WW2
£148.5K12/200.26 mi51, Pacific Way, Derby, City Of Derby DE24 1AA2
£93K05/210.3 mi58, Panama Circle, Derby, City Of Derby DE24 1AE2
£135K05/210.31 mi5, Ocean Court, Derby, City Of Derby DE24 1AN2
£110K03/210.51 mi45, Chambers Street, Derby, City Of Derby DE24 8TJ2
£80K08/210.52 mi400, Osmaston Road, Derby, City Of Derby DE24 8AG2
£145K01/230.54 mi44, Fife Street, Derby, City Of Derby DE24 8TN2
£111.5K06/210.54 mi40, Fife Street, Derby, City Of Derby DE24 8TN2
£105K04/210.55 mi456, Osmaston Road, Derby, City Of Derby DE24 8AH2
£95K10/200.55 mi558, Osmaston Road, Derby, City Of Derby DE24 8GQ2
£126.5K04/210.56 mi13, Fife Street, Derby, City Of Derby DE24 8TP2
£89K04/210.56 mi51, Cotton Lane, Derby, City Of Derby DE24 8GG2
£118K04/230.57 mi91, Brighton Road, Alvaston, Derby, City Of Derby DE24 8SZ2
£145K12/220.57 mi84, Allestree Street, Derby, City Of Derby DE24 8TU2
£108K11/210.58 mi70, Grosvenor Street, Derby, City Of Derby DE24 8AT2
£113.8K03/230.58 mi113, Grosvenor Street, Derby, City Of Derby DE24 8AT2
£98K02/210.58 mi93, Allestree Street, Derby, City Of Derby DE24 8TW2
£113.5K02/210.59 mi62, Allestree Street, Derby, City Of Derby DE24 8TS2
£104K11/200.6 mi59, Commerce Street, Derby, City Of Derby DE24 8TR2
£140K06/230.6 mi49, Allestree Street, Derby, City Of Derby DE24 8TT2
£122K07/230.6 mi47, Allestree Street, Derby, City Of Derby DE24 8TT2
£122.5K12/220.6 mi33, Allestree Street, Derby, City Of Derby DE24 8TT2
£95K11/200.61 mi47, Davenport Road, Derby, City Of Derby DE24 8AY2
£135K12/220.63 mi38, Beatty Street, Alvaston, Derby, City Of Derby DE24 8TZ2
£95K11/200.63 mi33, Beatty Street, Alvaston, Derby, City Of Derby DE24 8TZ2
£125K08/210.63 mi28, Beatty Street, Alvaston, Derby, City Of Derby DE24 8TZ2
£105K02/210.68 mi88, Hawthorn Street, Derby, City Of Derby DE24 8BB2
£150K03/230.7 mi491, Baker Street, Alvaston, Derby, City Of Derby DE24 8SN2
£132.5K11/210.74 mi36, Wisgreaves Road, Derby, City Of Derby DE24 8RQ2
£107K12/200.74 mi30, Wisgreaves Road, Derby, City Of Derby DE24 8RQ2
£102.5K10/210.75 mi1091, London Road, Alvaston, Derby, City Of Derby DE24 8PZ2
£146K06/230.76 mi569, Osmaston Road, Derby, City Of Derby DE24 8NE2
£130K04/230.76 mi575, Osmaston Road, Derby, City Of Derby DE24 8NE2
£105K01/210.76 mi633, Osmaston Road, Derby, City Of Derby DE24 8NE2
£125K07/230.82 mi139, Leacroft Road, Derby, City Of Derby DE23 8HY2
£105K03/210.82 mi111, Leacroft Road, Derby, City Of Derby DE23 8HY2
£78K03/210.82 mi217, Shaftesbury Crescent, Derby, City Of Derby DE23 8NA2
£75K05/210.82 mi211, Shaftesbury Crescent, Derby, City Of Derby DE23 8NA2
£153K01/230.83 mi11, Burnside Street, Derby, City Of Derby DE24 8QT2
£92K02/210.83 mi47, Burnside Street, Derby, City Of Derby DE24 8QT2
£205K12/220.84 mi5, Sheffield Place, Derby, City Of Derby DE1 2RW2

Local Rents

40 rents from £620/mo to £1.6K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£90012/240.03 miWarwick Street, Derby, Derbyshire, DE242
£82503/240.03 mi-2
£85001/240.04 mi-2
£75012/240.05 miBeverley Street, Derby, DE242
£75002/240.05 mi-2
£82512/240.06 miBeverley Street, Derby, Derbyshire2
£80012/240.06 miBeverley Street, Wilmorton2
£69512/240.08 miLondon Road, Wilmorton2
£85012/240.11 miEllesmere Avenue, Derby, DE24 8WD2
£85002/250.11 mi-2
£1,39912/240.19 mi-2
£1,39901/250.19 mi-2
£1,35003/250.19 mi-2
£82512/240.19 miHarrow Street, Derby, DE242
£82504/240.19 mi-2
£75001/250.19 mi-2
£82512/240.25 miPacific Way, Derby, Derbyshire, DE24 1AA2
£80012/240.25 miCape Court, Derby2
£85012/240.25 miMagellan Way, DERBY2
£79512/240.25 miAtlantic Way, Pride Park2
£77512/240.25 miAtlantic Way2
£82512/240.25 miAtlantic Way, DERBY2
£75012/240.25 miAtlantic Way, Derby, DE242
£89512/240.27 miPanama Circle, Derby2
£1,59501/240.29 mi-2
£82504/240.29 mi-2
£82512/240.29 miPacific Way, Derby, DE242
£79512/240.3 miPanama Circle, City Point, Derby2
£80012/240.34 miPacific Way, City Point, Derby2
£62012/240.47 mi-2
£80012/240.49 miChambers Street, Derby, Derbyshire, DE242
£80001/250.49 mi-2
£75012/240.51 miChambers Street, Alvaston, Derby2
£70004/240.53 miDerby, Derbyshire2
£75012/240.56 mi-2
£80012/240.57 mi-2
£75012/240.58 miBrighton Road, Alvaston, Derby2
£90011/240.6 mi-2
£77512/240.6 miAllestree Street, Alvaston2
£80001/250.61 mi-2

Local Area Statistics

Population in DE24

54,396

Population in Derby

308,324

Town centre distance

1.06 miles away

Nearest school

0.20 miles away

Nearest train station

0.76 miles away

 

 

Rental demand

Landlord's market

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Listed for £135,000

February 14, 2025

Floor Plans

Description

  • No Upward Chain +
  • Two Bedroom, Mid Terrace Home +
  • Standard Construction +
  • EPC Rating D +
  • Freehold +
  • Council Tax Band A +
  • Newly Fitted Kitchen +
  • Low Maintenance Garden +

IDEAL FOR FIRST TIME BUYERS & INVESTORS ALIKE A very well presented, newly refurbished, two double bedroomed traditional terraced property located in the popular area of Wilmorton and benefiting from two spacious reception rooms, brand new kitchen, new combination boiler and central heating system and a low maintenance garden. Call now to book a viewing as this property is one not to be missed!

The accommodation has neutral decoration throughout and in brief comprises: living room to the front, separate dining room opening through to a newly fitted kitchen. Stairs lead down to the cellar from an inner lobby. To the first floor are two superbly spacious double bedrooms and the family bathroom with shower over bath.

The rear of the property features a well presented, low maintenance garden with secure boundaries, patio and gated access out of the rear. To the front is ample on street parking.

Clifford Street is well very situated for Pride Park, the City Centre, Alvaston and its amenities including shops, schools and transport links for the A50, A52 leading to the M1 motorway and East Midlands Airport.

Agent Details

Hannells Estate Agents, Alvaston

01332 215518

Next Steps?

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