2 Bed Terraced House, Motivated Seller, Derby, DE73 5XP, £155,000





ValuationUndervalued
Sold Prices | £115K - £325K |
Sold Prices/m² | £1.9K/m² - £3.8K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £2.3K/m² |
Value Estimate | £182,810£182,810 |
BMV | 18% |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £38,750£38,750 |
Stamp Duty & Legal Fees | £5,850£5,850 |
Total Cash In | £44,600£44,600 |
| |
Cash Out | |
Rent Range | £725 - £875£725 - £875 |
Rent Estimate | £795 |
Running Costs/mo | £663£663 |
Cashflow/mo | £132£132 |
Cashflow/yr | £1,580£1,580 |
ROI | 4%4% |
Gross Yield | 6%6% |
Local Sold Prices
50 sold prices from £115K to £325K, average is £169K. £1.9K/m² to £3.8K/m², average is £2.7K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£158K | 05/21 | 0 mi | 12, Rose Close, Chellaston, Derby, City Of Derby DE73 5XP | £2,607 | 61 | 2 | Terraced House | |
£174K | 11/22 | 0 mi | 14, Rose Close, Chellaston, Derby, City Of Derby DE73 5XP | £2,900 | 60 | 2 | Terraced House | |
£179.5K | 11/22 | 0 mi | 10, Rose Close, Chellaston, Derby, City Of Derby DE73 5XP | - | - | 2 | Semi-Detached House | |
£244K | 07/23 | 0.13 mi | 3, Groves Nook, Chellaston, Derby, City Of Derby DE73 5QH | - | - | 2 | Detached House | |
£155K | 12/20 | 0.13 mi | 7, Groves Nook, Chellaston, Derby, City Of Derby DE73 5QH | £3,298 | 47 | 2 | Semi-Detached House | |
£160.5K | 11/20 | 0.13 mi | 6, Groves Nook, Chellaston, Derby, City Of Derby DE73 5QH | £2,675 | 60 | 2 | Semi-Detached House | |
£165K | 09/21 | 0.13 mi | 5, Groves Nook, Chellaston, Derby, City Of Derby DE73 5QH | - | - | 2 | Semi-Detached House | |
£139.9K | 10/20 | 0.16 mi | 33, Thurstone Furlong, Chellaston, Derby, City Of Derby DE73 5PZ | £2,978 | 47 | 2 | Terraced House | |
£170K | 09/23 | 0.16 mi | 17, Thurstone Furlong, Chellaston, Derby, City Of Derby DE73 5PZ | £2,698 | 63 | 2 | Terraced House | |
£155K | 08/22 | 0.17 mi | 15, Thurstone Furlong, Chellaston, Derby, City Of Derby DE73 5PZ | £2,422 | 64 | 2 | Terraced House | |
£150K | 12/20 | 0.19 mi | 17, Davids Close, Chellaston, Derby, City Of Derby DE73 5SY | £2,727 | 55 | 2 | Semi-Detached House | |
£125K | 04/21 | 0.19 mi | 7, Small Meer Close, Chellaston, Derby, City Of Derby DE73 5QQ | £2,097 | 60 | 2 | Terraced House | |
£125K | 08/21 | 0.19 mi | 19, Small Meer Close, Chellaston, Derby, City Of Derby DE73 5QQ | £2,049 | 61 | 2 | Terraced House | |
£141K | 08/23 | 0.2 mi | 130, Parkway, Chellaston, Derby, City Of Derby DE73 5QA | £2,474 | 57 | 2 | Terraced House | |
£174.9K | 01/23 | 0.25 mi | 30, Alonso Close, Chellaston, Derby, City Of Derby DE73 5AX | £2,822 | 62 | 2 | Terraced House | |
£155K | 10/20 | 0.25 mi | 56, Alonso Close, Chellaston, Derby, City Of Derby DE73 5AX | £2,500 | 62 | 2 | Semi-Detached House | |
£157K | 05/21 | 0.25 mi | 28, Alonso Close, Chellaston, Derby, City Of Derby DE73 5AX | £2,661 | 59 | 2 | Terraced House | |
£185K | 07/23 | 0.25 mi | 47, Hollymoor Drive, Chellaston, Derby, City Of Derby DE73 5QF | £3,190 | 58 | 2 | Terraced House | |
£140K | 10/20 | 0.25 mi | 52, Hollymoor Drive, Chellaston, Derby, City Of Derby DE73 5QF | £2,414 | 58 | 2 | Terraced House | |
£195K | 08/23 | 0.27 mi | 8, Station Close, Chellaston, Derby, City Of Derby DE73 5SZ | - | - | 2 | Semi-Detached House | |
£325K | 08/21 | 0.27 mi | 19, Station Road, Chellaston, Derby, City Of Derby DE73 5SU | £3,421 | 95 | 2 | Detached House | |
£235K | 04/21 | 0.27 mi | 4, Penhaligans Close, Chellaston, Derby, City Of Derby DE73 5QG | £2,670 | 88 | 2 | Detached House | |
£148K | 04/21 | 0.28 mi | 22, Mill Moor Close, Chellaston, Derby, City Of Derby DE73 5QL | £2,209 | 67 | 2 | Terraced House | |
£157K | 09/23 | 0.29 mi | 1, Lincoln Green, Chellaston, Derby, City Of Derby DE73 5QP | £3,102 | 51 | 2 | Semi-Detached House | |
£160K | 01/21 | 0.29 mi | 8, Middlebeck Close, Chellaston, Derby, City Of Derby DE73 5QN | - | - | 2 | Detached House | |
£150K | 09/22 | 0.35 mi | 5, Montague Way, Chellaston, Derby, City Of Derby DE73 5AS | £2,693 | 56 | 2 | Semi-Detached House | |
£174K | 08/22 | 0.38 mi | 15, Falstaff Court, Chellaston, Derby, City Of Derby DE73 5BA | £2,320 | 75 | 2 | Terraced House | |
£115K | 12/20 | 0.45 mi | 10, Maple Drive, Chellaston, Derby, City Of Derby DE73 6RD | £2,170 | 53 | 2 | Terraced House | |
£193K | 11/23 | 0.47 mi | 36, Lockington Close, Chellaston, Derby, City Of Derby DE73 6XD | £3,217 | 60 | 2 | Semi-Detached House | |
£158K | 01/21 | 0.47 mi | 20, Lockington Close, Chellaston, Derby, City Of Derby DE73 6XD | £2,724 | 58 | 2 | Semi-Detached House | |
£190K | 06/23 | 0.47 mi | 28, Lockington Close, Chellaston, Derby, City Of Derby DE73 6XD | £3,220 | 59 | 2 | Semi-Detached House | |
£260K | 09/21 | 0.54 mi | 4, Birchfield Close, Chellaston, Derby, City Of Derby DE73 6SS | £3,795 | 69 | 2 | Detached House | |
£138K | 03/21 | 0.55 mi | 9, Newbold Close, Chellaston, Derby, City Of Derby DE73 6RY | - | - | 2 | Semi-Detached House | |
£178K | 08/21 | 0.56 mi | 27, Hoveton Close, Shelton Lock, Derby, City Of Derby DE24 9QH | - | - | 2 | Detached House | |
£145K | 05/21 | 0.56 mi | 17, Hoveton Close, Shelton Lock, Derby, City Of Derby DE24 9QH | - | - | 2 | Detached House | |
£193K | 03/23 | 0.56 mi | 14, Hoveton Close, Shelton Lock, Derby, City Of Derby DE24 9QH | £3,446 | 56 | 2 | Detached House | |
£215K | 12/21 | 0.6 mi | 27, Green Avenue, Chellaston, Derby, City Of Derby DE73 6TE | - | - | 2 | Detached House | |
£260K | 09/22 | 0.6 mi | 210, Derby Road, Chellaston, Derby, City Of Derby DE73 6RQ | - | - | 2 | Semi-Detached House | |
£315K | 10/22 | 0.62 mi | 29, Chapel Lane, Chellaston, Derby, City Of Derby DE73 6TJ | - | - | 2 | Detached House | |
£155K | 08/23 | 0.62 mi | 1, Simcoe Leys, Chellaston, Derby, City Of Derby DE73 6XL | - | - | 2 | Semi-Detached House | |
£181.5K | 04/23 | 0.62 mi | 66, Simcoe Leys, Chellaston, Derby, City Of Derby DE73 6XL | - | - | 2 | Semi-Detached House | |
£180K | 09/23 | 0.62 mi | 52, Simcoe Leys, Chellaston, Derby, City Of Derby DE73 6XL | £3,396 | 53 | 2 | Semi-Detached House | |
£140K | 10/20 | 0.64 mi | 2, Langsett Drive, Chellaston, Derby, City Of Derby DE73 6XG | £2,333 | 60 | 2 | Semi-Detached House | |
£140K | 04/21 | 0.65 mi | 90, High Street, Chellaston, Derby, City Of Derby DE73 6TG | £2,333 | 60 | 2 | Terraced House | |
£315K | 01/23 | 0.67 mi | 3, Edge Hill, Chellaston, Derby, City Of Derby DE73 6RP | - | - | 2 | Detached House | |
£168K | 12/22 | 0.69 mi | 271, Chellaston Road, Derby, City Of Derby DE24 9EG | £1,892 | 89 | 2 | Semi-Detached House | |
£182.5K | 12/22 | 0.71 mi | 57, Woodgate Drive, Chellaston, Derby, City Of Derby DE73 6UX | £3,318 | 55 | 2 | Semi-Detached House | |
£207.5K | 02/21 | 0.74 mi | 5, Chestnut Avenue, Chellaston, Derby, City Of Derby DE73 6RW | £3,192 | 65 | 2 | Detached House | |
£215K | 02/23 | 0.75 mi | 9, Chestnut Avenue, Chellaston, Derby, City Of Derby DE73 6RW | - | - | 2 | Detached House | |
£240K | 03/21 | 0.76 mi | 52, Weston Park Avenue, Shelton Lock, Derby, City Of Derby DE24 9EQ | £2,424 | 99 | 2 | Detached House |
Local Rents
10 rents from £725/mo to £875/mo, average is £838/mo.
Rent | Date | Distance | Address | Beds | Type | |
£875 | 03/24 | 0.02 mi | Rose Close, Chellaston, Derby, Derbyshire, DE73 5XP | 2 | Terraced House | |
£795 | 03/24 | 0.16 mi | Thurstone Furlong, Chellaston | 2 | Flat | |
£725 | 03/24 | 0.24 mi | Prestwick Way, Chellaston, Derby, DE73 | 2 | Flat | |
£850 | 02/25 | 0.25 mi | - | 2 | Terraced House | |
£795 | 04/24 | 0.25 mi | Alonso Close, Chellaston | 2 | Flat | |
£850 | 12/24 | 0.26 mi | - | 2 | Semi-Detached House | |
£800 | 03/24 | 0.47 mi | Lockington Close, Chellaston | 2 | Detached House | |
£850 | 03/24 | 0.56 mi | Green Avenue, Chellaston, Derby, DE73 6TE | 2 | Detached House | |
£850 | 03/24 | 0.62 mi | Simcoe Leys, Chellaston, Derby | 2 | Detached House | |
£825 | 03/24 | 0.62 mi | Simcoe Leys, Chellaston | 2 | Detached House |
Local Area Statistics
Population in DE73 | 19,04019,040 |
Population in Derby | 308,324308,324 |
Town centre distance | 3.43 miles away3.43 miles away |
Nearest school | 0.10 miles away0.10 miles away |
Nearest train station | 2.31 miles away2.31 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +20%+20% |
Sales demand | Seller's marketSeller's market |
Capital growth (5yrs) | +24%+24% |
Property History
Listed for £155,000
February 17, 2025
Floor Plans

Description
- Freehold - Council Tax Band B +
- Two Double Bedrooms +
- Spacious Living Room +
- Modern Fitted Kitchen +
- Downstairs WC +
- Conservatory +
- Low-Maintenance Rear Garden with Patio +
- Ideal Starter Home +
- Close To Amenities +
- Viewing Advised +
An ideal starter home with TWO DOUBLE BEDROOMS, a DOWNSTAIRS WC, a CONSERVATORY and a LOW-MAINTENANCE REAR GARDEN. Viewing advised.
This terraced home is located in Chellaston, a suburban village of Derby, with close proximity to a range of amenities, schools, shopping facilities, food/drink establishments and more. The area also offers excellent road and transport links for travel both locally and further afield.
The accommodation briefly comprises a welcoming entranceway, a spacious living room, a modern fitted kitchen, a conservatory and a downstairs WC.
To the first floor is an inviting landing area through to two double bedrooms and a three-piece bathroom with a bathtub, a hand wash basin and a WC.
Externally, the property benefits from a low-maintenance patio rear garden.
This home is an excellent find. We anticipate a high amount of interest and as such we would recommend that any interested buyers inquire to arrange a viewing at the earliest convenience to ensure the opportunity is not missed.
Premium Fast Sale
The innovative Premium Fast Sale Plus method from Springbok Properties is a secure and straightforward way to buy property. It works like a typical sale, with a number of added benefits to the buyer.
Benefits
o Carefully implemented security measures
o A speedy process
o Realistically priced properties
o A Buy it Now option (ask for further information on this feature from our advisors)
o A significantly reduced chance of fall-throughs
o No risk of being "gazumped"
o The full focus of our highly motivated team
Springbok Properties' Premium Fast Sale Plus puts you in the driving seat thanks to our fast and secure methods.
All properties are competitively priced and carefully managed by motivated sellers for a quick, stress-free transaction.
Deposit
Sales can be secured with a reservation deposit of £2,500. This forms part of the final purchase price and is NOT an extra cost.
This deposit ensures that the property is taken off the market as soon as a sale is agreed. It is then exclusively reserved for you, eliminating gazumping, time wasting and financial loss.
An administration fee of £396 is required in order to draw up an exclusive legally binding contract between the buyer and seller. This gives the buyer exclusive rights to purchase within a pre-agreed timeframe.
Exclusivity
Following the payment of the above amount, Springbok Properties will facilitate a fixed exclusivity period (approximately 12 weeks). During this time, surveys should be arranged and preparations made for the exchange of contracts. The property will be reserved, so there will be no risk of gazumping.
Process
Our Premium Fast Sale Plus follows the below process:
STEP 1 - Register your interest
STEP 2 - Prepare your finances for the purchase
STEP 3 - Arrange a viewing
STEP 4 - Make an offer
STEP 5 - Secure your sale using our secure system
STEP 6 - Exchange and complete
Don't miss out on the chance to purchase this property. Call us today for further information and to arrange a viewing.
If you're interested in this property, we urge you to contact us immediately to arrange an early viewing and get the process started. This will help you to avoid missing out on this opportunity.
Springbok Properties' innovative Premium Fast Sale Plus is a secure and straightforward way to buy property.
Please note: to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.
Please call us now to book an appointment.
We highly recommend early viewing as this property is priced relatively low and is likely to generate quite an interest.
Please call us now to book an appointment.
Call Recording
Please note to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.
Disclaimer
Springbok Properties for itself and the Vendors or lessors of properties for whom they act give notice that:
The details shown on this website are a general outline for the guidance of intending purchasers, and do not constitute, nor constitute part of, an offer or contract or sales particulars. All descriptions, dimensions, references to condition and other details are given in good faith and are believed to be correct but any intending purchasers should not rely on them as statements or representations of fact but must satisfy themselves by inspection, searches, survey, enquiries or otherwise as to their correctness. We have not been able to test any of the building service installations and recommend that prospective purchasers arrange for a qualified person to check them before entering into any commitment. Further, any reference to, or use of any part of the properties is not a statement that any necessary planning, building regulations or other consent has been obtained. All photographs shown are indicative and cannot be guaranteed to represent the complete interior scheme or items included in the sale. No person in our employment has any authority to make or give any representation or warranty whatsoever in relation to this property.
TENURE
To be confirmed by the Vendor's Solicitors
Note
The price given is a marketing price and not an indication of the property's market value. The vendor like any seller is looking to achieve the maximum price possible. Hence, by making an enquiry on this property, you recognise and understand that this property is strictly offers in excess of the marketing price provided.
How to View this Property
Viewing is strictly by appointment please call us now for bookings.
AML REGULATIONS & PROOF OF FUNDING: Any proposed purchasers will be asked to provide identification and proof of funding before any offer is accepted. We would appreciate your co-operation with this to ensure there are no delays in agreeing the sale.
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