3 Bed Semi-Detached House, Single Let, Belper, DE56 1EN, £175,000

5 Crich Lane, Belper, DE56 1EN - 2 views - 2 months ago

Sold STC
BTL
ROI: 2%
~93 m²
+3 photos

ValuationUndervalued

Sold Prices£150K - £503K
Sold Prices/m²£1.5K/m² - £4.5K/m²

 

 

Square Metres

~93 m²
Price/m²£1.9K/m²

Value Estimate

£218,750
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£43,750

Stamp Duty & Legal Fees

£6,450

Total Cash In

£50,200

 

 

Cash Out

 

Rent Range

£760 - £1,000

Rent Estimate

£819

Running Costs/mo

£731

Cashflow/mo

£88

Cashflow/yr

£1,060

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £150K to £503K, average is £261.5K. £1.5K/m² to £4.5K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£210K08/210.02 mi35, Crich Lane, Belper, Derbyshire DE56 1EN3
£191K11/200.13 mi44, Acorn Drive, Belper, Derbyshire DE56 1EL3
£192.5K10/200.13 mi41, Acorn Drive, Belper, Derbyshire DE56 1EL3
£193K12/200.13 mi119, Marsh Lane, Belper, Derbyshire DE56 1GU3
£200K10/210.13 mi6, Eyam Walk, Belper, Derbyshire DE56 1BL3
£215K12/220.13 mi1, Eyam Walk, Pinglewick Hamlet, Belper, Derbyshire DE56 1BL3
£299.9K07/230.15 mi22, Bessalone Drive, Belper, Derbyshire DE56 1ES3
£150K12/200.19 mi8, Birch Vale, Belper, Derbyshire DE56 1BR3
£310K12/200.2 mi13, Laund Nook, Belper, Derbyshire DE56 1GY3
£258K12/200.21 mi16, Monyash Way, Belper, Derbyshire DE56 1FW3
£255K08/210.21 mi20, Monyash Way, Belper, Derbyshire DE56 1FW3
£222K02/210.21 mi41, Monyash Way, Belper, Derbyshire DE56 1FW3
£277K06/230.21 mi11a, Monyash Way, Belper, Derbyshire DE56 1FW3
£232K02/230.22 mi72, Mill Street, Belper, Derbyshire DE56 1DU3
£242.5K12/200.22 mi15, Laund Close, Belper, Derbyshire DE56 1ET3
£225K01/230.24 mi12, Edward Street, Belper, Derbyshire DE56 1DZ3
£240K06/210.25 mi16, Laund Close, Belper, Derbyshire DE56 1ET3
£280K10/210.25 mi113, Marsh Lane, Belper, Derbyshire DE56 1GT3
£312K09/210.25 mi19, Far Laund, Belper, Derbyshire DE56 1FJ3
£265K06/230.25 mi55, Far Laund, Belper, Derbyshire DE56 1FJ3
£237.5K12/200.25 mi62, Far Laund, Belper, Derbyshire DE56 1FJ3
£275K05/230.28 mi79, Ladywood Avenue, Belper, Derbyshire DE56 1HU3
£325K05/210.3 mi10, Chesterfield Road, Belper, Derbyshire DE56 1FD3
£350K03/210.3 mi15, Chesterfield Road, Belper, Derbyshire DE56 1FD3
£280K02/210.33 mi2, Wheeldon Avenue, Belper, Derbyshire DE56 1GX3
£234K03/210.35 mi5, Mill View, Belper, Derbyshire DE56 1FE3
£300K12/220.35 mi6, Church View, Belper, Derbyshire DE56 1JB3
£270K12/220.35 mi18, Cherry Tree Avenue, Belper, Derbyshire DE56 1FR3
£330K06/230.35 mi4, Church View, Belper, Derbyshire DE56 1JB3
£205K01/210.35 mi25, Laund Avenue, Belper, Derbyshire DE56 1FL3
£315K06/210.37 mi40, Long Row, Belper, Derbyshire DE56 1DS3
£323.5K12/200.37 mi34, Long Row, Belper, Derbyshire DE56 1DS3
£450K02/230.38 mi38, Spencer Road, Belper, Derbyshire DE56 1JY3
£503K02/230.38 mi52, Spencer Road, Belper, Derbyshire DE56 1JY3
£318K02/210.38 mi40, Spencer Road, Belper, Derbyshire DE56 1JY3
£245K12/200.38 mi43, Spencer Road, Belper, Derbyshire DE56 1JY3
£345K06/230.38 mi40, Spencer Road, Belper, Derbyshire DE56 1JY3
£220K07/210.39 mi1, Spencer Avenue, Belper, Derbyshire DE56 1LA3
£267K02/210.4 mi67, Marsh Lane, Belper, Derbyshire DE56 1GS3
£288K02/210.41 mi18, George Street, Belper, Derbyshire DE56 1DL3
£304.3K12/200.41 mi11, George Street, Belper, Derbyshire DE56 1DL3
£321K01/230.41 mi6, Orton Way, Belper, Derbyshire DE56 1UB3
£210K11/200.42 mi134, Far Laund, Belper, Derbyshire DE56 1FN3
£225K03/210.42 mi124, Far Laund, Belper, Derbyshire DE56 1FN3
£320K03/210.42 mi3, Joseph Street, Belper, Derbyshire DE56 1DP3
£188K08/210.42 mi25, High Street, Belper, Derbyshire DE56 1GF3
£210K06/230.42 mi18, High Street, Belper, Derbyshire DE56 1GF3
£340K06/230.43 mi74, Long Row, Belper, Derbyshire DE56 1DR3
£188K10/200.45 mi7, Green Lane, Belper, Derbyshire DE56 1BY3
£185K09/210.45 mi21, Green Lane, Belper, Derbyshire DE56 1BY3

Local Rents

12 rents from £760/mo to £1K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£89512/240.21 miWindmill Lane, Belper3
£76009/230.32 mi-3
£90012/240.33 miChesterfield Road, Belper, Derbyshire, DE563
£90012/240.38 miMarsh Lane, Belper, Derbyshire, DE563
£95012/240.45 miGreen Lane, Belper, Derby3
£1,00012/240.45 miGreen Lane, Belper, Derbyshire, DE563
£80012/240.47 miFar Laund, Belper3
£85012/240.62 miQueen Street, Belper3
£90012/240.76 miAlder Road, BELPER3
£89512/240.95 miSycamore Croft, Belper3
£95012/241.17 miCook Close, Belper3
£1,00012/241.17 miBrafield Close, Belper3

Local Area Statistics

Population in DE56

39,812

Town centre distance

0.25 miles away

Nearest school

0.20 miles away

Nearest train station

0.51 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-13%

Sales demand

Balanced market

Capital growth (5yrs)

+28%

Property History

Listed for £175,000

February 25, 2025

Floor Plans

Description

  • Rare Development Opportunity +
  • Fine Aspect and Views +
  • Generous Garden to Rear +
  • Walking Distance to Belper Town Centre +
  • Viewing Essential +
  • No Chain +

Home2sell are delighted to offer this DEVELOPMENNT OPPORTUNITY, three bedroom Semi Detached property located within walking distance of Belper town centre enjoying the most beautiful views over the Derwent Valley and surrounding countryside. The accommodation briefly comprises entrance hall with stair case to the first floor landing, light and spacious lounge with useful under stairs storage and a dining kitchen with traditional pantry. To the first floor two double bedrooms, one single bedroom and a family bathroom. Outside to the front of the property is a fore garden and to the rear a generous garden laid mainly to lawn enjoying the fine aspect and views. Viewing Essential.

DRAFT DETAILS SUBJECT TO CHANGE AND VENDOR APPORVAL.

Entrance Hall - Having a storm porch canopy the property is entered via a traditional wooden door. Ceramic tile floor and stairs off to the first floor landing.

Lounge - 3.64m reducing 3.04m x 4.54m max (11'11" reducing - Having a PVCu double glazed window to the rear elevation, central heating radiator and ceiling light. Useful under stairs storage.

Kitchen - 2.31m x 4.54m (7'6" x 14'10" ) - Having a single glazed window to the side elevation, PVCu double glazed window to the rear elevation and traditional pantry with single glazed window. Door to the side access. Central heating radiator, two ceiling lights and stainless steel sink unit.

To The First Floor Landing - Having a PVCu window to the front elevation. Central heating radiator and ceiling light. Access to the loft void.

Bedroom One - 2.97m x 3.03m reducing 2.84m (9'8" x 9'11" reduci - Having a PVCu double glazed window to the rear elevation enjoying the panoramic views, central heating radiator and ceiling light.

Bedroom Two - 2.99m x 2.34m (9'9" x 7'8" ) - Having a PVCu double glazed window to the rear elevation enjoying the panoramic views, central heating radiator and ceiling light. Cupboard housing the hot water tank.

Bedroom Three - 2.47mm x 2.13m (8'1"m x 6'11" ) - Having a single glazed window to the front elevation, central heating radiator and ceiling light.

Family Bathroom - Having a three piece suite comprising of a WC, hand wash basin and bath. Central heating radiator, single glazed opaque window and ceiling light.

Outside - Outside to the front of the property is a fore garden and to the rear a generous garden laid mainly to lawn enjoying the fine aspect and views.

Area - 5 Crich Lane is situated approximately a mile from the centre of Belper which provides an excellent range of amenities including shops, schools and recreational facilities. The village of Duffield lies some 3 miles to the south of Belper. The City of Derby approximately 8 miles to the south. Derby's outer ring road provides convenient onward travel to the major trunk roads and the motorway network.

There is a train service from Belper to London St Pancras. The famous market town of Ashbourne known as the gateway to Dovedale and the Peak District National Park lies approximately 10 miles to the west.

Directional Note - From the Belper Branch of Home2sell continue through the Market Place leave Belper along Chesterfield Road and at the top of the hill take the left hand fork onto Crich Lane where number 5 can be found on the left identified by our distinctive Home2sell For Sale board.

Agent Details

Home2Sell, Belper

01773 303605

Next Steps?

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