2 Bed Terraced House, Single Let, Derby, DE23 2QU, £160,000

Bowbridge Avenue, Littleover, Derby, DE23 2QU - 1 views - 2 months ago

Sold STC
BTL
ROI: 2%
~68 m²
+12 photos

ValuationUndervalued

Sold Prices£76K - £340K
Sold Prices/m²£1.6K/m² - £4.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.3K/m²

Value Estimate

£170,987
BMV7%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£6,000

Total Cash In

£46,000

 

 

Cash Out

 

Rent Range

£750 - £975

Rent Estimate

£750

Running Costs/mo

£670

Cashflow/mo

£80

Cashflow/yr

£960

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £76K to £340K, average is £150K. £1.6K/m² to £4.3K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£136K01/210.08 mi116, Swarkestone Drive, Littleover, Derby, City Of Derby DE23 2PE2
£180K07/230.08 mi122, Swarkestone Drive, Littleover, Derby, City Of Derby DE23 2PE2
£154K03/230.18 mi46, Rodsley Crescent, Littleover, Derby, City Of Derby DE23 2NY2
£172K11/220.19 mi23, Bretby Square, Littleover, Derby, City Of Derby DE23 2PF2
£138K04/210.27 mi199, Oaklands Avenue, Littleover, Derby, City Of Derby DE23 2QP2
£251K02/230.35 mi22, Heather Crescent, Littleover, Derby, City Of Derby DE23 2TD2
£340K07/210.36 mi9, Briarwood Way, Littleover, Derby, City Of Derby DE23 2TA2
£149.9K01/210.36 mi14, Briarwood Way, Littleover, Derby, City Of Derby DE23 2TA2
£277K03/230.36 mi24, Briarwood Way, Littleover, Derby, City Of Derby DE23 2TA2
£182K02/230.36 mi50, Briarwood Way, Littleover, Derby, City Of Derby DE23 2TA2
£76K08/210.36 mi11, Gorse Close, Littleover, Derby, Derbyshire DE23 2TG2
£190K12/220.39 mi529, Stenson Road, Derby, City Of Derby DE23 1LP2
£80K05/230.43 mi11, Nicola Gardens, Derby, City Of Derby DE23 1NQ2
£157.5K11/200.45 mi24, Eastcroft Avenue, Littleover, Derby, Derbyshire DE23 1NL2
£128.5K03/210.46 mi6, Shannon Close, Sunnyhill, Derby, City Of Derby DE23 1LF2
£125K04/210.46 mi10, Shannon Close, Sunnyhill, Derby, Derbyshire DE23 1LF2
£147K11/200.46 mi1, St Stephens Close, Sunnyhill, Derby, Derbyshire DE23 1HH2
£204K06/230.5 mi9, Gurney Avenue, Sunnyhill, Derby, City Of Derby DE23 1GR2
£130K02/210.53 mi33, Dewchurch Drive, Sunnyhill, Derby, City Of Derby DE23 1XP2
£152K06/230.55 mi9, Swallowdale Road, Sinfin, Derby, City Of Derby DE24 9NT2
£153K03/210.61 mi15, Bramblehedge Drive, Sinfin, Derby, City Of Derby DE24 9SB2
£136K06/210.64 mi19, Stenson Avenue, Sunnyhill, Derby, Derbyshire DE23 1LD2
£136.8K11/200.65 mi19, Irvine Close, Stenson Fields, Derby, Derbyshire DE24 3HS2
£178K05/230.65 mi12, Irvine Close, Stenson Fields, Derby, Derbyshire DE24 3HS2
£150K11/220.68 mi157, Coleridge Street, Derby, City Of Derby DE23 1JX2
£120K03/210.69 mi36, Grenfell Avenue, Sunnyhill, Derby, City Of Derby DE23 1JZ2
£125K10/200.72 mi21, Keswick Avenue, Sunnyhill, Derby, City Of Derby DE23 1JY2
£125K05/210.73 mi18, Orkney Close, Sinfin, Derby, City Of Derby DE24 3LW2
£153K01/230.73 mi27, Orkney Close, Sinfin, Derby, City Of Derby DE24 3LW2
£112.5K06/210.73 mi22, Underhill Close, Derby, City Of Derby DE23 1RH2
£118K03/210.73 mi26, Underhill Close, Derby, City Of Derby DE23 1RH2
£204K02/210.73 mi38, Willson Avenue, Littleover, Derby, City Of Derby DE23 1DA2
£150K02/210.73 mi90, Willson Avenue, Littleover, Derby, City Of Derby DE23 1DA2
£142K03/230.74 mi4, Merrybower Close, Stenson Fields, Derby, Derbyshire DE24 3JJ2
£165K07/210.76 mi6, Levetts Close, Stenson Fields, Derby, Derbyshire DE24 3EU2
£123.5K05/210.77 mi4, Cricketers Court, Littleover, Derby, City Of Derby DE23 6XG2
£165K10/200.78 mi4, Cotswold Close, Littleover, Derby, City Of Derby DE23 1FE2
£150K07/230.78 mi53, Pilgrims Way, Stenson Fields, Derby, Derbyshire DE24 3JQ2
£152K04/230.78 mi23, Michelle Close, Stenson Fields, Derby, Derbyshire DE24 3LZ2
£143.5K06/210.78 mi8, Hebrides Close, Sinfin, Derby, Derbyshire DE24 3LP2
£205K04/230.78 mi6, Taverners Crescent, Littleover, Derby, City Of Derby DE23 6XT2
£120K05/210.79 mi5, Kintyre Drive, Sinfin, Derby, Derbyshire DE24 3JZ2
£160K10/210.79 mi13, Kintyre Drive, Sinfin, Derby, Derbyshire DE24 3JZ2
£147K03/230.79 mi22, Kintyre Drive, Sinfin, Derby, City Of Derby DE24 3JZ2
£155K02/230.79 mi22, Cairngorm Drive, Sinfin, Derby, City Of Derby DE24 3JT2
£120.5K11/200.79 mi20, Cairngorm Drive, Sinfin, Derby, Derbyshire DE24 3JT2
£190K06/210.81 mi128, Coleridge Street, Derby, City Of Derby DE23 8AE2
£208K11/220.84 mi11, Carlisle Avenue, Littleover, Derby, City Of Derby DE23 3ET2
£158K12/200.84 mi15, Meadow Brook Close, Littleover, Derby, City Of Derby DE23 3YT2
£118.7K03/210.86 mi8, Maree Close, Sinfin, Derby, City Of Derby DE24 9LL2

Local Rents

11 rents from £750/mo to £975/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£97512/240.05 mi-2
£75003/240.27 mi-2
£79502/250.39 mi-2
£90004/240.44 mi-2
£80003/250.45 mi-2
£80012/230.46 mi-2
£85004/250.46 mi-2
£80003/240.46 miNicola Gardens, Littleover, Derby2
£97503/240.46 miStenson Road, Derby, Derbyshire2
£89503/240.55 miGrosvenor Drive, Derby, Derbyshire, DE232
£82504/240.61 miBlagreaves Lane, Littleover2

Local Area Statistics

Population in DE23

59,979

Population in Derby

308,324

Town centre distance

2.31 miles away

Nearest school

0.30 miles away

Nearest train station

1.55 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £160,000

February 26, 2025

Floor Plans

Description

  • End of Terrace +
  • Corner Plot +
  • Lounge / Diner +
  • Two Double Bedrooms +
  • Large Rear Garden +
  • Potential to Extend (STNPP) +
  • Fantastic Location +
  • Viewing Essential! +

SUMMARY
CORNER PLOT - A fantastic opportunity for a first time buyer or investor to acquire this two double bedroom end of terrace property in Littleover.

DESCRIPTION
Ashley Adams are delighted to bring to market this two double bedroom end of terrace property, situated on a corner plot, in Littleover. The accommodation in brief comprises, entrance hall, lounge/diner, kitchen, two first floor double bedrooms and family bathroom. To the front of the property is a lawned garden with access to an outside brick store to side. To the rear is a large lawned garden creating potential to extend (STNPP). The property is well located close to all major amenities such as local shops, schools at all levels and road links close by! Viewing is essential to appreciate this fantastic opportunity on offer!

Entrance Hallway 
Accessed via door to the front with stairs to the first floor, UPVC double glazed window to the side and door into the lounge.

Lounge 12' 5" x 15' 1" ( 3.78m x 4.60m )
Having storage cupboard, a radiator, UPVC double glazed window to the front and door into the kitchen.

Kitchen/ Diner 7' 5" x 15' 1" ( 2.26m x 4.60m )
Having a range of wall and base units with work surfaces over, inset sink, space for fridge freezer, space for cooker, plumbing for washing machine, door to pantry and further understairs storage cupboard, UPVC double glazed window to the rear and door to rear garden.

First Floor Landing  
Having loft access and doors off to all first floor rooms.

Bedroom One 10' 5" x 15' 8" ( 3.17m x 4.78m )
Having over stairs storage cupboard, a radiator and two UPVC double glazed windows to the front.

Bedroom Two 9' 2" x 11' 8" ( 2.79m x 3.56m )
Having a storage cupboard, radiator and UPVC double glazed window to the rear.

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

Outside 
The property is situated on a corner plot with a large lawn area to the front and side gate leading to the rear.
To the rear is a mature enclosed garden which is mainly laid to lawn with further potential for extension (STNPP). There is also a brick store.

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. Burchell Edwards 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. Burchell Edwards has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Ashley Adams, Derby

01332 215448

Next Steps?

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