2 Bed Detached House, Single Let, Derby, DE21 7EA, £180,000

Moor Street, Spondon, Derby, DE21 7EA - 2 months ago

BTL
ROI: 1%
~68 m²
+12 photos

ValuationUndervalued

Sold Prices£93K - £345K
Sold Prices/m²£1.5K/m² - £5.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.6K/m²

Value Estimate

£188,251
BMV5%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£6,600

Total Cash In

£51,600

 

 

Cash Out

 

Rent Range

£770 - £1,400

Rent Estimate

£806

Running Costs/mo

£744

Cashflow/mo

£62

Cashflow/yr

£748

ROI

1%

Gross Yield

5%

Local Sold Prices

41 sold prices from £93K to £345K, average is £169.9K. £1.5K/m² to £5.8K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£175K12/220 mi26, Moor Street, Spondon, Derby, City Of Derby DE21 7EA2
£144.5K04/210.05 mi17, Oxford Street, Spondon, Derby, Derbyshire DE21 7JN2
£188K12/200.09 mi5, Strathaven Court, Spondon, Derby, City Of Derby DE21 7RH2
£105K05/210.1 mi52, Chapel Street, Spondon, Derby, City Of Derby DE21 7JP2
£200K07/230.1 mi30, Brockley, Spondon, Derby, City Of Derby DE21 7JE2
£131K03/210.16 mi11, Reader Street, Spondon, Derby, City Of Derby DE21 7JH2
£142.5K06/230.16 mi4, Reader Street, Spondon, Derby, City Of Derby DE21 7JH2
£200K03/230.2 mi14, Hall Dyke, Spondon, Derby, City Of Derby DE21 7LF2
£190K04/230.28 mi23, Grasmere Avenue, Spondon, Derby, City Of Derby DE21 7JZ2
£170K10/210.28 mi24, Windmill Meadow, Spondon, Derby, City Of Derby DE21 7SZ2
£202K05/210.29 mi30, Church Street, Spondon, Derby, City Of Derby DE21 7LL2
£150K05/210.3 mi34, Ayr Close, Spondon, Derby, City Of Derby DE21 7GU2
£173K01/230.33 mi1, Dreyfus Close, Spondon, Derby, City Of Derby DE21 7RR2
£345K11/210.33 mi2, Royal Hill Road, Spondon, Derby, City Of Derby DE21 7AH2
£235K03/210.33 mi29, Croft Close, Spondon, Derby, City Of Derby DE21 7EF2
£169.9K09/210.38 mi5, Beaumaris Court, Spondon, Derby, City Of Derby DE21 7RG2
£135K07/230.4 mi15, Park Leys Court, Spondon, Derby, City Of Derby DE21 7TS2
£134K11/200.42 mi12, Ormskirk Rise, Spondon, Derby, City Of Derby DE21 7NU2
£180K11/200.46 mi8, Silvey Grove, Spondon, Derby, City Of Derby DE21 7GH2
£133K02/210.5 mi23, Holyrood Close, Spondon, Derby, City Of Derby DE21 7QB2
£170K08/210.55 mi23, Vincent Avenue, Spondon, Derby, City Of Derby DE21 7HB2
£185K02/210.56 mi74, Huntley Avenue, Spondon, Derby, Derbyshire DE21 7DU2
£290K02/230.56 mi66, Huntley Avenue, Spondon, Derby, City Of Derby DE21 7DU2
£162K12/220.58 mi9, Fallow Road, Spondon, Derby, City Of Derby DE21 7TF2
£149.9K05/210.6 mi37, Borrowfield Road, Spondon, Derby, Derbyshire DE21 7HE2
£160K05/230.62 mi10, Silver Hill Road, Spondon, Derby, City Of Derby DE21 7HA2
£132K08/210.7 mi11, Towpath Way, Spondon, Derby, City Of Derby DE21 7SL2
£130K09/210.71 mi8, Towpath Court, Spondon, Derby, City Of Derby DE21 7TY2
£192.5K08/210.76 mi295, Oregon Way, Chaddesden, Derby, City Of Derby DE21 6UR2
£175K01/210.76 mi293, Oregon Way, Chaddesden, Derby, City Of Derby DE21 6UR2
£93K01/230.77 mi16, Boston Close, Chaddesden, Derby, City Of Derby DE21 6WB2
£185K12/200.88 mi307, Oregon Way, Chaddesden, Derby, City Of Derby DE21 6ZB2
£141.9K04/210.89 mi24, Falconside Drive, Spondon, Derby, City Of Derby DE21 7TQ2
£141.9K04/210.89 mi24, Falconside Drive, Spondon, Derby, City Of Derby DE21 7TQ2
£141.9K04/210.89 mi24, Falconside Drive, Spondon, Derby, City Of Derby DE21 7TQ2
£175K07/230.92 mi41, Oregon Way, Chaddesden, Derby, City Of Derby DE21 6UL2
£210K08/230.92 mi5, Briar Close, Chaddesden, Derby, City Of Derby DE21 6ZD2
£137.5K02/210.94 mi6, Albert Crescent, Chaddesden, Derby, City Of Derby DE21 6TD2
£158K02/230.94 mi7, Albert Crescent, Chaddesden, Derby, City Of Derby DE21 6TD2
£195K07/230.94 mi5, Albert Crescent, Chaddesden, Derby, City Of Derby DE21 6TD2
£145K11/220.98 mi2, Carson Road, Chaddesden, Derby, City Of Derby DE21 6JU2

Local Rents

11 rents from £770/mo to £1.4K/mo, average is £895/mo.

RentDateDistanceAddressBeds 
£85012/240.12 miSitwell Street, Spondon, Derby, Derbyshire2
£99502/240.3 mi-2
£99512/240.31 miBankfield Drive, Spondon, Derby, Derbyshire, DE21 7QZ2
£89512/240.34 miBeeches Avenue, Spondon2
£90012/240.62 miSilver Hill Road, Spondon, DE21 7HA2
£80012/240.66 miPeckerdale Gardens, Spondon2
£77002/240.71 mi-2
£82512/240.89 miFalconside Drive, Spondon2
£85012/240.89 miFalconside Drive, Spondon2
£89512/241.02 miAlbert Road, Chaddesden2
£1,40012/241.18 miVictoria Avenue, Ockbrook, DE72 3RL2

Local Area Statistics

Population in DE21

57,023

Population in Derby

308,324

Town centre distance

3.01 miles away

Nearest school

0.20 miles away

Nearest train station

0.73 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

0%

Sales demand

Seller's market

Capital growth (5yrs)

+37%

Property History

Listed for £180,000

February 25, 2025

Floor Plans

Description

  • Character property +
  • Refurbished throughout +
  • Off street parking +
  • Detached cottage +
  • Sought after area +
  • Ideal for first time buyers +

SUMMARY
Spondon is a very well served village having a number of local shops with there being an Asda superstore within easy reach, close to local parks, train station, walks in the surrounding countryside, schools for all ages and the transport links include the A52, A50 and M1.

DESCRIPTION
Hall and Benson are delighted to present this two bedroom detached character property in Spondon. A well presented and refurbished cottage located right by the local amenities.

The property features on the ground floor: an entrance porch, kitchen, lounge and downstairs bathroom. The first floor landing leads to a master bedroom and a second bedroom.

The property occupies a low maintenance garden to the side and drive for 2 vehicles.

Entrance Porch 
Accessed via composite door to the front leading into the porch with UPVC double glazed window to the side and door into the entrance hallway.

Hallway 
Having doors off to:-

Kitchen 9' 9" x 8' 8" ( 2.97m x 2.64m )
Having a range of modern wall and base units with work surfaces over, inset sink with mixer tap, a radiator, UPVC double glazed window to the rear elevation and composite door to the side elevation.

Lounge 12' 9" x 11' 6" ( 3.89m x 3.51m )
Being recently refurbished space with UPVC window to the rear and front elevations, a radiator and carpet flooring.

Bedroom One 13' 1" x 12' 3" ( 3.99m x 3.73m )
Having UPVC double glazed window to the front elevation, feature brick fireplace, a radiator and carpet flooring.

Bedroom Two 12' 8" x 7' 5" ( 3.86m x 2.26m )
Having UPVC double glazed window to the front and side elevations, a radiator and carpet flooring.

Shower Room 
Modern suite comprising of shower cubicle, low level W.C and wash hand basin.

Outside 
Externally is a small yard to the side and rear with gated access to the driveway providing parking for two vehicles.

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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