6 Bed HMO, Derby, DE22 3JB £259,950

Uttoxeter New Road, Derby, Derbyshire, DE22 3JB - 10 views - 9 months ago
HMO
ROI: 9%
~157 m²
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ValuationUndervalued

Sold Prices£210K - £850K
Sold Prices/m²£1.2K/m² - £3.8K/m²

 

 

Square Metres

~157.20 m²
Price/m²£1.7K/m²

Value Estimate

£317,139
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£64,988

Stamp Duty & Legal Fees

£17,195

Total Cash In

£82,183

 

 

Cash Out

 

Room Rate

£438

Gross Rent

£2,628

Running Costs/mo

£2,002

Cashflow/mo

£626

Cashflow/yr

£7,515

ROI

9%

Gross Yield

12%

Local Sold Prices

13 sold prices from £210K to £850K, average is £500K. £1.2K/m² to £3.8K/m², average is £2.3K/m².

Price
Date
Distance
Address
Beds
 
£260K01/230.54 mi140, Burton Road, Derby, City Of Derby DE1 1TN6
£370K09/240.62 mi22, Lime Avenue, Derby DE1 1TU6
£370K09/240.62 mi22, Lime Avenue, Derby DE1 1TU6
£662K10/240.71 mi2, Uplands Gardens, Derby DE23 6AS6
£500K09/220.87 mi10, Belper Road, Derby, City Of Derby DE1 3EN6
£850K08/251.01 mi91, Belper Road, Derby DE1 3ER6
£637.5K06/231.17 mi15, Scarsdale Avenue, Littleover, Derby, City Of Derby DE23 6ER6
£500K03/231.42 mi5, Upper Hollow, Littleover, Derby, City Of Derby DE23 6GJ6
£210K03/251.53 mi21, Village Street, Derby DE23 8TA6
£787.5K04/231.8 mi15, Church Lane, Darley Abbey, Derby, City Of Derby DE22 1EX6
£650K12/241.96 mi404, Duffield Road, Derby DE22 1ES6
£565K08/212.16 mi10, Moorland Road, Mickleover, Derby, City Of Derby DE3 9FX6
£405K03/232.97 mi2, Bodmin Close, Stenson Fields, Derby, Derbyshire DE24 3LQ6

Local Area Statistics

Population in DE22

46,001

Population in Derby

308,324

Town centre distance

0.82 miles away

Nearest school

0.10 miles away

Nearest train station

1.22 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+30%

Sales demand

Seller's market

Capital growth (5yrs)

+24%

Property History

Price changed to £259,950

May 15, 2025

Price changed to £279,950

February 28, 2025

Listed for £289,950

February 19, 2025

Floor Plans

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Description

  • Excellent Investment Opportunity for HMO or Student Landlords +
  • Six Bedroom Semi Detached +
  • Walking Distance To City Centre +
  • Gas Central Heated +
  • No Chain +
  • Council Tax Band C +

* Excellent Investment Opportunity for HMO or Student Landlords * Leaders are proud to present this SIX BEDROOM Semi Detached property. In brief the property compromises of an entrance hall providing access to all downstairs accommodation including one double bedroom, a communal lounge, breakfast kitchen offering a range of wall and base units and space for appliances with access through to two shower rooms, utility room and door leading out to the rear garden. Upstairs is five further bedrooms and separate WC. Viewings are highly recommended to appreciate the size of this accommodation on offer!

Agent Details

Leaders Sales, Derby

020 3909 9670

Next Steps?

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