3 Bed Bungalow, Single Let, Derby, DE21 7EZ, £240,000

Frazer Close, Spondon, Derby, DE21 7EZ - 2 months ago

BTL
~93 m²
+12 photos

ValuationOvervalued

Sold Prices£120K - £440K
Sold Prices/m²£1.4K/m² - £3.5K/m²

 

 

Square Metres

~93 m²
Price/m²£2.6K/m²

Value Estimate

£231,880

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£60,000

Stamp Duty & Legal Fees

£15,500

Total Cash In

£75,500

 

 

Cash Out

 

Rent Range

£875 - £1,200

Rent Estimate

£897

Running Costs/mo

£949

Cashflow/mo

£-52

Cashflow/yr

£-629

Gross Yield

4%

Local Sold Prices

50 sold prices from £120K to £440K, average is £213.8K. £1.4K/m² to £3.5K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£208K02/210.09 mi4, Moor End, Spondon, Derby, City Of Derby DE21 7ED3
£185K06/210.09 mi6, Moor End, Spondon, Derby, City Of Derby DE21 7ED3
£220K10/200.09 mi64, Chapel Lane, Spondon, Derby, City Of Derby DE21 7JW3
£177K05/210.12 mi24, Chesterton Road, Spondon, Derby, City Of Derby DE21 7EN3
£225K02/210.12 mi51, Chesterton Road, Spondon, Derby, City Of Derby DE21 7EN3
£233K11/210.14 mi11, Nicholas Close, Spondon, Derby, City Of Derby DE21 7EQ3
£240K04/210.14 mi79, Moor Street, Spondon, Derby, Derbyshire DE21 7EB3
£230K06/210.16 mi7, Coniston Avenue, Spondon, Derby, City Of Derby DE21 7LE3
£215K04/210.16 mi17, Coniston Avenue, Spondon, Derby, City Of Derby DE21 7LE3
£270K01/230.16 mi29a, Moor End, Spondon, Derby, City Of Derby DE21 7EE3
£280K03/230.19 mi38, Dale Road, Spondon, Derby, City Of Derby DE21 7DF3
£249.9K08/210.19 mi34, Brunswood Close, Spondon, Derby, City Of Derby DE21 7LB3
£249.9K07/210.21 mi25, Glendale Drive, Spondon, Derby, City Of Derby DE21 7DX3
£440K04/230.21 mi76, Locko Road, Spondon, Derby, City Of Derby DE21 7AQ3
£170K11/200.23 mi23, Farningham Close, Spondon, Derby, City Of Derby DE21 7DZ3
£180K12/200.23 mi25, Farningham Close, Spondon, Derby, City Of Derby DE21 7DZ3
£215.5K05/210.23 mi26, Farningham Close, Spondon, Derby, City Of Derby DE21 7DZ3
£389K11/210.23 mi93, Locko Road, Spondon, Derby, City Of Derby DE21 7AP3
£202K06/210.24 mi20, Hamilton Road, Spondon, Derby, City Of Derby DE21 7EJ3
£206K09/210.24 mi17, Hamilton Road, Spondon, Derby, City Of Derby DE21 7EJ3
£212.5K11/210.24 mi11, Chapel Lane, Spondon, Derby, City Of Derby DE21 7JS3
£187K11/210.25 mi4, Lawnside, Spondon, Derby, City Of Derby DE21 7DY3
£250K06/230.27 mi114, Locko Road, Spondon, Derby, City Of Derby DE21 7AR3
£240K11/210.29 mi12, Redstart Close, Spondon, Derby, City Of Derby DE21 7TH3
£266K05/230.29 mi10, Redstart Close, Spondon, Derby, City Of Derby DE21 7TH3
£240K07/210.3 mi55, Chapel Street, Spondon, Derby, City Of Derby DE21 7JR3
£208K12/200.31 mi14, Royal Hill Road, Spondon, Derby, City Of Derby DE21 7AH3
£185K04/210.34 mi18, Gravel Pit Lane, Spondon, Derby, City Of Derby DE21 7DA3
£205K04/210.34 mi19, Clover Close, Spondon, Derby, Derbyshire DE21 7QY3
£198K01/210.34 mi5, Clover Close, Spondon, Derby, City Of Derby DE21 7QY3
£253K02/210.35 mi24, Charles Avenue, Spondon, Derby, City Of Derby DE21 7AJ3
£250K04/210.35 mi18, Charles Avenue, Spondon, Derby, City Of Derby DE21 7AJ3
£210K03/210.36 mi24, Fallow Road, Spondon, Derby, City Of Derby DE21 7TF3
£186K04/210.37 mi8, Windsor Drive, Spondon, Derby, City Of Derby DE21 7DQ3
£250K11/210.37 mi8, Windsor Drive, Spondon, Derby, City Of Derby DE21 7DQ3
£120K03/210.37 mi24, Windsor Drive, Spondon, Derby, City Of Derby DE21 7DQ3
£174K04/210.37 mi5, Windsor Drive, Spondon, Derby, City Of Derby DE21 7DQ3
£185.5K01/210.38 mi7, Heronswood Drive, Spondon, Derby, City Of Derby DE21 7AX3
£190K12/220.4 mi10, Hampton Close, Spondon, Derby, City Of Derby DE21 7QD3
£237.5K03/230.4 mi17, Hampton Close, Spondon, Derby, City Of Derby DE21 7QD3
£147.5K08/210.41 mi53, Holyrood Close, Spondon, Derby, City Of Derby DE21 7QB3
£154.5K04/210.41 mi14, The Covert, Spondon, Derby, City Of Derby DE21 7RZ3
£172.5K06/230.41 mi42, The Covert, Spondon, Derby, City Of Derby DE21 7RZ3
£235K03/210.42 mi66, Sandringham Drive, Spondon, Derby, City Of Derby DE21 7QN3
£250K06/230.42 mi66, Sandringham Drive, Spondon, Derby, City Of Derby DE21 7QN3
£192.3K05/210.45 mi2, Hillside Crescent, Spondon, Derby, City Of Derby DE21 7RB3
£245K07/230.45 mi38, Sandringham Drive, Spondon, Derby, City Of Derby DE21 7QJ3
£240K08/210.45 mi39, Gravel Pit Lane, Spondon, Derby, City Of Derby DE21 7DB3
£185K11/200.48 mi6, Devas Gardens, Spondon, Derby, City Of Derby DE21 7AD3
£174K04/230.52 mi25, Ayr Close, Spondon, Derby, City Of Derby DE21 7GU3

Local Rents

13 rents from £875/mo to £1.2K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,10012/240.17 mi-3
£1,15003/250.39 mi-3
£87512/240.51 miTrent Rise, Spondon3
£89512/240.52 miChurch Mews, Spondon, Derby3
£1,05002/250.62 mi-3
£1,19012/240.62 miMerchant Avenue, Spondon, Derby, DE213
£1,19012/240.62 mi-3
£1,05004/250.63 mi-3
£1,20012/240.66 miPriestland Avenue, Spondon, Derby3
£1,00001/240.74 mi-3
£95012/240.85 miCheyenne Gardens, Chaddesden3
£90012/241.02 miLime Grove, Chaddesden, Derby3
£95012/241.13 miPaterson Avenue, Chaddesden, Derby, Derbyshire3

Local Area Statistics

Population in DE21

57,023

Population in Derby

308,324

Town centre distance

3.11 miles away

Nearest school

0.30 miles away

Nearest train station

0.96 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

0%

Sales demand

Seller's market

Capital growth (5yrs)

+37%

Property History

Price changed to £240,000

March 24, 2025

Listed for £250,000

February 25, 2025

Floor Plans

Description

  • Cul-de-sac location +
  • Off road parking +
  • Great transport links and close proximity to A52, A38 and M1 +
  • Driveway providing ample parking, garage and gardens +
  • Lounge with patio doors overlooking the rear garden +
  • Sought after village location +

SUMMARY
Frazer Close is well situated for Spondon and its range of shops, highly recommended schools and transport links together with convenient access for Derby, Nottingham and the M1 motorway.

DESCRIPTION
Hall and Benson are delighted to present this three bedroom, detached bungalow is set within a sought-after cul-de-sac location.

The property comprises:- reception hallway, lounge with feature fireplace and patio doors providing access to the rear garden, kitchen, two double bedrooms and bathroom. To the first floor is access to a third double bedroom with a separate WC.

Outside, there are gardens to both front and rear elevations and driveway providing off-road parking and access to the side leading to the rear garden and detached garage.

Kitchen 10' 5" x 8' 4" ( 3.17m x 2.54m )
Having a range of wall and base units with work surfaces over, inset sink with mixer tap, storage cupboard, integrated oven, UPVC double glazed windows to the rear and side elevation and UPVC door to the rear.

Lounge 18' 4" x 11' 9" ( 5.59m x 3.58m )
Having UPVC double glazed French doors to the rear garden, electric fire, a radiator and carpet flooring.

Bedroom One 19' 11" x 13' 9" ( 6.07m x 4.19m )
Having UPVC double glazed window to the side elevation, two skylight windows, a radiator and carpet flooring.

En Suite W.C 
Having low level W.C and wash hand basin.

Bedroom Two 11' 9" x 11' 8" ( 3.58m x 3.56m )
Having UPVC double glazed window to the front elevation, a radiator and carpet flooring.

Bedroom Three 10' 5" x 8' 3" ( 3.17m x 2.51m )
Having UPVC double glazed window to the front elevation, a radiator and carpet flooring.

Bathroom 
Having double glazed window to the side elevation, bath with shower over, low level W.C, wash hand basin and a radiator.

Outside 
To the rear the garden has a generous astro turf, patio area and detached garage with power.

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: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Hall & Benson, Spondon

01332 215175

Next Steps?

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