2 Bed Flat, Single Let, Derby, DE22 3FX £125,000

St. Swithins Close, Derby, Derbyshire, DE22 3FX - 10 views - 9 months ago
Leasehold
BTL
ROI: 6%
~68 m²
Property image

ValuationOvervalued

Sold Prices£38K - £250K
Sold Prices/m²£679/m² - £2.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.8K/m²

Value Estimate

£117,646

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£31,250

Stamp Duty & Legal Fees

£7,450

Total Cash In

£38,700

 

 

Cash Out

 

Rent Range

£525 - £1,195

Rent Estimate

£775

Running Costs/mo

£566

Cashflow/mo

£209

Cashflow/yr

£2,513

ROI

6%

Gross Yield

7%

Local Sold Prices

47 sold prices from £38K to £250K, average is £115K. £679/m² to £2.5K/m², average is £1.7K/m².

Price
Date
Distance
Address
Beds
 
£122K04/250 mi8, Bishops Green, St Swithins Close, Derby DE22 3FX2
£122K04/250 mi8, Bishops Green, St Swithins Close, Derby DE22 3FX2
£115K04/250.01 mi23, Bishops Green, St Swithins Close, Derby DE22 3FX2
£115K04/250.01 mi23, Bishops Green, St Swithins Close, Derby DE22 3FX2
£95K10/210.07 mi11, St Swithins Close, Derby, City Of Derby DE22 3LG2
£110K03/230.07 mi21, St Swithins Close, Derby, City Of Derby DE22 3LG2
£80K02/230.1 mi1, St Quentin Close, Derby, City Of Derby DE22 3JT2
£122.5K08/210.14 mi23, St Clares Close, Derby, Derbyshire DE22 3JG2
£100K11/210.15 mi16, Garden Lodge Close, Derby, City Of Derby DE23 6DD2
£125K10/230.15 mi13, Garden Lodge Close, Derby DE23 6DD2
£130K03/240.16 mi19, Garden Lodge Close, Derby DE23 6DD2
£130K03/240.16 mi19, Garden Lodge Close, Derby DE23 6DD2
£170.5K09/220.26 mi19, Priory Heights Court, Derby, City Of Derby DE23 6AX2
£170K09/220.26 mi12, Priory Heights Court, Derby, City Of Derby DE23 6AX2
£162.5K07/220.26 mi7, Priory Heights Court, Derby, City Of Derby DE23 6AX2
£169K05/210.26 mi4, Priory Heights Court, Derby, City Of Derby DE23 6AX2
£150K07/210.26 mi25, Priory Heights Court, Derby, City Of Derby DE23 6AX2
£140.5K05/210.26 mi15, Priory Heights Court, Derby, City Of Derby DE23 6AX2
£141K05/240.48 miFlat 22, 317 The Orchards, Burton Road, Derby DE23 6AY2
£141K05/240.48 miFlat 22, 317 The Orchards, Burton Road, Derby DE23 6AY2
£141K05/240.48 mi317 The Orchards, Flat 22, Burton Road, Derby DE23 6AY2
£109K10/220.48 miFlat 52, Mill Point, Rowditch Place, Derby, City Of Derby DE22 3LR2
£94K08/210.48 miFlat 6, Mill Point, Rowditch Place, Derby, City Of Derby DE22 3LR2
£111K08/240.49 mi42, Mill Point, Rowditch Place, Derby DE22 3LR2
£104K09/240.5 miMill Point, 48, Rowditch Place, Derby DE22 3LR2
£143K05/240.57 miCambridge House, Flat 5, Somerset Close, Derby DE22 3XQ2
£105K03/250.58 miFlat 18, Cambridge House, Somerset Close, Derby DE22 3XQ2
£105K03/250.58 miFlat 18, Cambridge House, Somerset Close, Derby DE22 3XQ2
£141K05/240.58 miCambridge House, Flat 1, Somerset Close, Derby DE22 3XQ2
£136K06/210.65 mi103, Parliament Street, Derby, City Of Derby DE22 3RL2
£250K01/240.67 miElm House, Apartment 15, Old Hall Avenue, Littleover, Derby, City Of Derby DE23 6EN2
£92.5K08/210.69 mi3, Jackdaw Close, Derby, City Of Derby DE22 3SY2
£79K08/250.69 mi1, Summerbrook Court, Derby DE22 3RR2
£91K07/240.71 mi21, Edensor Square, Derby DE22 3RQ2
£121K10/210.78 mi39, Dean Close, Littleover, Derby, City Of Derby DE23 4EF2
£38K04/230.84 miFlat 31, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW2
£90K01/230.84 mi124, Northumberland Street, Derby, City Of Derby DE23 6UA2
£42.5K09/220.84 miFlat 5, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW2
£111K07/220.84 miFlat 41, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW2
£110K06/240.84 miRowleys Mill, 26, Uttoxeter New Road, Derby DE22 3TJ2
£116K07/240.85 miAlexandra Mill, 31, Great Northern Road, Derby DE1 1LW2
£83K07/220.86 mi52, Cloudwood Close, Littleover, Derby, City Of Derby DE23 3SJ2
£85K06/210.88 miFlat 5, Great Northern Point, Great Northern Road, Derby, City Of Derby DE1 1LZ2
£48K09/210.88 miFlat 27, Great Northern Point, Great Northern Road, Derby, City Of Derby DE1 1LZ2
£78.5K08/210.91 mi94, Gerard Street, Derby, City Of Derby DE1 1PH2
£130K08/210.95 mi4, Salisbury Street, Derby, City Of Derby DE23 6SL2
£145K06/240.99 mi34 Greenwich Gardens, 65, Greenwich Drive North, Derby DE22 4BH2

Local Rents

50 rents from £525/mo to £1.2K/mo, average is £855/mo.

Rent
Date
Distance
Address
Beds
 
£75008/250 miBishops Green, St. Swithins Close, Derby, DE222
£90011/250 miBishops Green, Derby, DE22 3FX2
£62507/250 miBishops Green St Swithins Close, Derby City, DE222
£67507/250 miBishops Green, St. Swithins Close DE22 3FX2
£80011/250 miBishops Green, St. Swithins Close2
£1,19509/250.02 miSt. Swithins Close, Derby2
£85003/240.04 mi-2
£85012/240.05 miNamur Close2
£90006/250.05 mi-2
£92510/250.05 mi-2
£95009/250.05 miSt. Swithins Close, Derby, DE222
£95010/250.05 miSt. Swithins Close, Derby, DE222
£92510/250.05 miSt. Swithins Close, Derby, DE222
£80010/250.06 miBishops Green, St. Swithins Close, DE222
£80006/250.07 miSt. Swithins Close, DERBY2
£65008/250.14 miGarden Lodge Close, Derby, DE232
£62508/250.14 miApt Garden Lodge Close Louvain Road, Littleover2
£75012/240.15 miSt. Albans Road, Derby2
£99511/250.26 miPriory Heights Court, Derby2
£85001/250.26 mi-2
£89503/240.26 miPriory Heights Court, Derby, Derbyshire, DE23 6AX2
£95006/250.26 miPriory Heights Court, Derby, Derbyshire, DE23 6AX2
£96009/250.26 miRadcliffe Drive, Derby2
£70008/250.28 miRowditch Avenue, Derby2
£89512/240.33 miGreat Willow Court, Derby, Derbyshire, DE222
£95009/250.33 miGreat Willow Court, DERBY2
£95011/250.33 miGreat Willow Court, DERBY2
£87510/250.33 miGreat Willow Court, Derby, DE22 3JA2
£75008/250.33 miGreat Willow Court, Derby2
£95012/240.33 mi-2
£95012/240.33 mi-2
£95009/250.33 mi-2
£80012/240.33 mi-2
£82509/250.33 mi-2
£82509/250.33 miWestbury Court, Derby, DE222
£89507/250.33 miLeicester Street, Derby2
£87511/250.34 miNorth Street, Littleover, Derby2
£82511/250.35 miLime House, Lime Walk, Littleover2
£82507/250.35 miLime House, Lime Walk, Littleover2
£52507/250.35 miLeicester Street, Derby2
£80003/240.35 miWade Avenue, Littleover2
£90006/250.35 miBurton Road, Derby, DE23 6FL2
£98805/150.35 miLittleover House - Available Now2
£92608/250.35 miLittleover House, Derby - Available Now2
£82510/250.35 mi-2
£86008/250.35 miLITTLEOVER HOUSE, BURTON ROAD - AVAILABLE AUGUST2
£90007/250.35 miWestbury Street, Derby2
£70008/250.36 miWestbury Street, Derby, Derbyshire, DE222
£79507/250.36 miWestbury Street, Derby, DE222
£85008/250.36 miWestbury Street, Derby, DE222

Local Area Statistics

Population in DE22

45,976

Population in Derby

308,324

Town centre distance

1.22 miles away

Nearest school

0.30 miles away

Nearest train station

1.58 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-12%

Sales demand

Seller's market

Capital growth (5yrs)

+29%

Property History

Listed for £125,000

February 18, 2025

Floor Plans

Property image

Description

  • Ideal Investment or First Time Buy +
  • Top Floor Apartment +
  • Central Heating +
  • Allocated parking +
  • Close to local amenities & Commuter routes +
  • No Upward Chain +

*IDEAL FIRST TIME BUY OR INVESTMENT* Leaders are delighted to offer for sale this two bedroom well-presented top floor apartment. Ideally located, being close to local amenities, schools, easy access to commuter routes and major employers including Rolls-Royce, Toyota, Nestle & JCB. The accommodation briefly comprises; entrance hallway leading to all accommodation. Two double bedrooms, spacious open plan living/kitchen/dining area and main bathroom. The property also benefits from well-maintained communal grounds and allocated parking. Viewings are highly recommended. To talk to a Mortgage Adviser? Call Option 2

Agent Details

Leaders Derby Borrowash Sales, Derby Borrowash

01332 529794

Next Steps?

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