2 Bed Flat, Single Let, Derby, DE1 3PB £168,000

The Millhouse, Brook Street, Derby, DE1 3PB - 9 months ago
Sold STC
Leasehold
BTL
ROI: 1%
~68 m²
Property image

ValuationOvervalued

Sold Prices£38K - £225K
Sold Prices/m²£679/m² - £3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.5K/m²

Value Estimate

£124,287

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,000

Stamp Duty & Legal Fees

£10,460

Total Cash In

£52,460

 

 

Cash Out

 

Rent Range

£520 - £2,850

Rent Estimate

£763

Running Costs/mo

£698

Cashflow/mo

£65

Cashflow/yr

£785

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £38K to £225K, average is £118K. £679/m² to £3K/m², average is £1.9K/m².

Price
Date
Distance
Address
Beds
 
£150.3K04/250.03 mi21, Longs Mill Brookbridge Court, Brook Street, Derby DE1 3LG2
£150.3K04/250.03 mi21, Longs Mill Brookbridge Court, Brook Street, Derby DE1 3LG2
£146K08/220.03 miLongs Mill Brookbridge Court, 23, Brook Street, Derby DE1 3LG2
£143K12/220.05 mi100, Bridge Street, Derby, City Of Derby DE1 3LF2
£174K11/240.05 miWeavers Point, 9, Lodge Lane, Derby DE1 3HE2
£174K11/240.05 mi9, Weavers Point, Lodge Lane, Derby DE1 3HE2
£127.5K07/210.07 miApartment 2, Westpoint, Brook Street, Derby, City Of Derby DE1 3TE2
£101.5K06/240.12 miCentro West, 50, Searl Street, Derby DE1 1BW2
£85K10/210.14 mi12, Nuns Street, Derby, City Of Derby DE1 3LL2
£160K05/240.17 miWestgate, Flat 21, Mill Street, Derby DE1 1DH2
£47.5K10/240.23 miMillers Court, 5, Edward Street, Derby DE1 3BN2
£90K05/250.23 mi5, Millers Court, Edward Street, Derby DE1 3BN2
£122K01/250.25 miApartment 3, Hawthorn House, North Street, Derby DE1 3AZ2
£122K01/250.25 miApartment 3, Hawthorn House, North Street, Derby DE1 3AZ2
£110K03/250.25 mi11, Leaper Street, Derby DE1 3ND2
£42K11/220.26 miFlat 33, Eaton Court, Leaper Street, Derby, City Of Derby DE1 3NX2
£135K06/250.26 mi26, Mill Gate, Ashbourne Road, Derby DE22 3EB2
£135K06/250.26 mi26, Mill Gate, Ashbourne Road, Derby DE22 3EB2
£157K11/240.27 miThe School Yard, 8, Edward Street, Derby DE1 3BL2
£157K11/240.27 mi8, The School Yard, Edward Street, Derby DE1 3BL2
£75K09/240.27 mi5, St Annes Close, Derby DE1 3NE2
£140K03/230.28 miFirst Floor Flat, 3, Friary Street, Derby, City Of Derby DE1 1JF2
£97.5K10/240.32 mi26, St Marys Court, Derby DE1 3DD2
£163.5K07/250.32 mi2b, Belper Road, Derby DE1 3EN2
£130K08/250.35 mi14, Melton Court Apartments, Ashbourne Road, Derby DE22 3BF2
£123K03/250.37 miFlat 30, Parkland View, Bath Street, Derby DE1 3FG2
£123K03/250.37 miFlat 30, Parkland View, Bath Street, Derby DE1 3FG2
£110K04/240.37 miParkland View, Flat 36, Bath Street, Derby DE1 3FG2
£48K09/210.37 miFlat 27, Great Northern Point, Great Northern Road, Derby, City Of Derby DE1 1LZ2
£85K06/210.37 miFlat 5, Great Northern Point, Great Northern Road, Derby, City Of Derby DE1 1LZ2
£118K06/240.38 miParkland View, Flat 81, Bath Street, Derby DE1 3FG2
£116K07/240.38 miAlexandra Mill, 31, Great Northern Road, Derby DE1 1LW2
£114K01/230.39 miApartment 1, Waterside House, Duke Street, Derby, City Of Derby DE1 3BA2
£42.5K09/220.39 miFlat 5, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW2
£111K07/220.39 miFlat 41, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW2
£38K04/230.4 miFlat 31, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW2
£110K06/240.4 miRowleys Mill, 26, Uttoxeter New Road, Derby DE22 3TJ2
£129K10/240.41 mi7 Derby Riverside, Apartment 21, Stuart Street, Derby DE1 2EB2
£126.3K12/240.41 miApartment 14, 7 Derby Riverside, Stuart Street, Derby DE1 2EB2
£126.3K12/240.41 miApartment 14, 7 Derby Riverside, Stuart Street, Derby DE1 2EB2
£112K05/240.45 miCity Walk, 5, City Road, Derby DE1 3QD2
£116K05/210.45 mi27, City Walk, Derby, City Of Derby DE1 3QD2
£110K11/240.47 mi45, Arthur Hind Close, Derby DE22 1HS2
£110K11/240.47 mi45, Arthur Hind Close, Derby DE22 1HS2
£105K01/250.53 miFlat 10, The Maltings, Manchester Street, Derby DE22 3AU2
£105K01/250.53 miFlat 10, The Maltings, Manchester Street, Derby DE22 3AU2
£118K07/250.54 miFlat 12, 2 The Maltings, Manchester Street, Derby DE22 3AU2
£90K07/220.59 miFlat 14, Swinscoe House, Rosengrave Street, Derby, City Of Derby DE1 1PS2
£225K03/250.6 mi3, Friarsfield, Burleigh Drive, Derby DE22 1AL2
£225K03/250.6 mi3, Friarsfield, Burleigh Drive, Derby DE22 1AL2

Local Rents

50 rents from £520/mo to £2.9K/mo, average is £875/mo.

Rent
Date
Distance
Address
Beds
 
£89506/250.02 miLongs Mill, Brookbridge Court, Derby, Derbyshire, DE1 3LG2
£1,20008/250.02 miBrook Street, Derby, DE12
£1,20009/250.02 miBrook Street, Derby, DE12
£1,20009/250.02 mi-2
£2,00005/250.02 mi-2
£2,85010/250.02 mi-2
£66008/250.02 miMiddle Mill, Brookbridge Court, Derby, DE1 3LG2
£85008/250.03 miBrook Street, Derby, DE12
£83003/240.03 miBrook Street, Derby, DE12
£87508/250.03 miMiddle Mill, Brook Street, Derby2
£82507/250.03 miMiddle Mill, Brookbridge Court2
£95008/250.03 miBrookbridge Court, DERBY2
£75006/250.03 miLongs Mill, Derby, City Centre, DE12
£75006/250.03 miBrookbridge Court, Derby, DE12
£85005/250.03 miAbels Mill, Brookbridge Court, Derby, DE12
£80007/250.03 miMiddle Mill, Brookbridge Court, Derby DE1 3LG2
£79508/250.03 miAbels Mill, Brookbridge Court, Derby, DE12
£1,10009/250.03 mi-2
£1,10012/240.03 mi-2
£85003/250.03 mi-2
£1,10007/250.03 mi-2
£85010/250.03 mi-2
£95011/250.03 miBrookbridge Court, Derby, DE12
£2,15003/240.03 mi-2
£2,15003/240.03 mi-2
£2,40007/240.03 mi-2
£2,40008/240.03 mi-2
£2,15008/240.03 mi-2
£2,40001/250.03 mi-2
£2,40001/250.03 mi-2
£85003/240.03 miBrook House, Brook Street, Derby2
£87503/240.03 miBrook Street, Derby, Derbyshire, DE12
£72508/250.03 miBrook House 19 Brook Street2
£95008/250.03 miBrook Street, Derby2
£85005/240.03 miBrook Street, DE12
£82505/240.03 miBrook Street, DERBY2
£95007/250.03 miBrook Street, DERBY2
£85007/250.03 miBrook Street, DERBY2
£85008/250.03 miBrook Street, Derby, DE12
£85010/250.03 miBrook Street, Derby2
£85010/250.03 miBrook Street, Derby, DE12
£99710/250.03 miBrook Street, Derby2
£52011/250.03 miBrook Street, Derby, DE12
£75007/250.03 miBrookbridge Court, Derby, DE12
£90007/250.03 miBrookbridge Court, Derby, DE12
£99504/240.03 miAbels Mill, Brookbridge Court, Derby2
£61008/250.03 miBrook Street, Derby2
£80011/250.03 miBrook House, 19 Brook Street, Derby, DE12
£99710/250.04 miBrook Street, DE12
£87505/240.05 miBrook House, 19 Brook Street, Derby, Derbyshire, DE1 3PF2

Local Area Statistics

Population in DE1

14,046

Population in Derby

308,324

Town centre distance

0.87 miles away

Nearest school

0.10 miles away

Nearest train station

1.13 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+9%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Listed for £168,000

February 18, 2025

Floor Plans

Property image

Description

  • Small development built by the renowned Derby builder +
  • Radleigh Homes +
  • Ideal Investment Or First Time Buy +
  • Ground Floor +
  • Secure Gated Apartment +
  • Allocated Parking Space +
  • Excellent Location +
  • Walking Distance To Derby City Centre +
  • Council Tax Band C +

* IDEAL FIRST TIME BUY OR INVESTMENT* Leaders Estate Agents are delighted to present small development built by the renowned Derby builder Radleigh Homes.
This spacious, high specification ground floor apartment is conveniently located within walking distance to Derby City Centre. In brief the property compromises; a communal entrance hallway having an intercom system. Upon entering the property via an entrance hallway which provides access to all accommodation including two double bedrooms the master having the use of an en-suite, main bathroom and a light and airy open plan living space offering double glazed windows and modern fitted kitchen boasting an array of wall and base units with integrated appliances. Externally the property includes a gated car park with a designated numbered parking space and communal grounds. Viewings are highly recommended to truly appreciate the style of accommodation on offer! NO CHAIN

Agent Details

Leaders Derby Borrowash Sales, Derby Borrowash

01332 529794

Next Steps?

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