3 Bed Semi-Detached House, Single Let, Derby, DE22 3UE, £155,000

Woods Lane, Derby, DE22 3UE - 2 views - a month ago

Auction
BTL
~93 m²
+8 photos

ValuationOvervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£38,750

Stamp Duty & Legal Fees

£5,850

Total Cash In

£44,600

 

 

Cash Out

 

Rent Range

£433 - £1,690

Rent Estimate

£477

Running Costs/mo

£600

Cashflow/mo

£-123

Cashflow/yr

£-1,476

Gross Yield

4%













Local Rents

50 rents from £433/mo to £1.7K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£99512/240.01 miWoods Lane, Derby3
£95002/240.08 mi-3
£80003/240.09 mi-3
£80002/240.09 mi-3
£80012/240.09 miFarm Street, Derby, DE223
£89512/240.15 miPercy Street, Derby3
£1,00012/240.21 mi-3
£1,05012/240.26 mi-3
£79512/240.26 miLynton Street, Derby City3
£97512/240.28 miWerburgh Street, Derby 3
£1,25012/240.3 mi-3
£1,30001/250.31 mi-3
£1,30002/250.31 mi-3
£1,30002/250.31 mi-3
£1,00001/250.31 mi-3
£47704/240.31 miWebster Street3
£47705/240.31 miWebster Street3
£1,25002/240.32 mi-3
£1,25012/240.32 miBramfield Avenue, Derby, DE223
£95003/240.32 miWebster Street, City Centre 3
£43312/240.32 miWolfa Street3
£1,05012/240.33 mi-3
£1,49512/240.34 miPeet Street, Derby3
£1,62512/240.34 miWolfa Street, 3
£92512/240.34 miWolfa Street, Derby, DE223
£92512/240.34 miWolfa Street, Derby, DE223
£92503/240.34 mi-3
£85012/240.34 miDrewry Lane, Derby, Derbyshire, DE223
£1,25012/240.36 miBelmont Close, Derby, Derbyshire, DE223
£85012/240.36 miUpper Boundary Road, Derby3
£1,36512/240.38 miDrewry Lane, Derby, 3
£89512/240.38 mi-3
£87504/240.39 miBelgrave Street, Normanton, Derby3
£1,49512/240.39 miMilton Street, Derby3
£1,05012/240.4 mi-3
£1,05012/240.4 mi-3
£1,69012/240.4 miMilton Street, Derby, Derbyshire, DE223
£1,50003/240.44 mi-3
£1,35004/240.44 mi-3
£1,35005/240.44 mi-3
£1,30012/240.44 mi-3
£1,50012/240.44 mi-3
£1,30012/240.44 mi-3
£99503/240.44 miForester Street3
£1,05012/240.45 miBedford Street, Derby3
£89512/240.47 mi-3
£89504/240.47 miGreat Northern Road, Derby3
£92502/250.48 mi-3
£49503/240.49 miForman Street, Derby, 3
£1,15001/250.49 mi-3

Local Area Statistics

Population in DE22

46,001

Population in Derby

308,324

Town centre distance

0.57 miles away

Nearest school

0.20 miles away

Nearest train station

1.01 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+2%

Sales demand

Seller's market

Capital growth (5yrs)

+15%

Property History

Listed for £155,000

February 24, 2025

Floor Plans

Description

  • Sale by Modern Auction (T&Cs apply) +

  • Subject to an undisclosed Reserve Price +

  • Buyers fees apply +

  • Semi-Detached Home +

  • Three Bedrooms +

  • Landscaped Gardens +

  • Driveway Parking +

  • Council Tax Band A +

SUMMARY
This superb semi-detached home is located on Woods Lane, within an establish residential area ideal for access to Derby City Centre and local transport links. This home comprises of a large reception room, separate kitchen, three bedrooms, a shower room, landscaped front and rear gardens and parking

DESCRIPTION
Offered for sale with no onward chain is this well-appointed three bedroom semi-detached house. With excellent proportions and conventional configuration, this home would be ideal for an array of owners including first time buyers, families or investors. Woods Lane is conveniently located close to Derby City Centre, with easy access on foot or by car, as well as having other local amenities and shops in the vicinity. The location also lends itself to excellent proximity to the local road network and public transport with multiple bus stops along Burton Road and Abbey Street, as well as being around 1.5 miles from the train station connecting to Nottingham, Birmingham and London.

The property enters into an entrance hallway with storage cupboard off and stairs leading to the first floor. The hallway connects to the kitchen positioned to the front offering ample worktop and cupboard space, as well as a large reception room to the rear with pleasant outlook and access into the rear garden. The first floor landing connects three well-balanced bedrooms, with fitted wardrobes to one of the double bedrooms. There is also a modern shower room with walk-in shower enclosure. Outside, the property has a mature, landscaped rear garden comprising of a generous patio area with planted borders, shrubs and central path for access. There is driveway parking for multiple vehicles to the side of the house accessed via a dropped kerb.

Auctioneer's Comments 
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Kitchen 6' 9" APPROX x 9' 4" APPROX ( 2.06m APPROX x 2.84m APPROX )

Reception Room 16' 9" APPROX x 15' 8" APPROX ( 5.11m APPROX x 4.78m APPROX )

Bedroom One 12' APPROX x 7' 8" APPROX ( 3.66m APPROX x 2.34m APPROX )

Bedroom Three 6' 6" APPROX x 7' 7" APPROX ( 1.98m APPROX x 2.31m APPROX )

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Bagshaws Residential, Derby

01332 215045

Next Steps?

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