3 Bed Semi-Detached House, Single Let, Derby, DE24 0AG, £160,000

Excelsior Avenue, Alvaston, DE24 0AG - 22 days ago

Sold STC
BTL
ROI: 4%
~93 m²
+8 photos

ValuationUndervalued

Sold Prices£125K - £220K
Sold Prices/m²£1.3K/m² - £2.8K/m²

 

 

Square Metres

~93 m²
Price/m²£1.7K/m²

Value Estimate

£199,286
BMV25%

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

£800 - £2,200

Rent Estimate

£859

Running Costs/mo

£692

Cashflow/mo

£167

Cashflow/yr

£2,006

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £125K to £220K, average is £166.3K. £1.3K/m² to £2.8K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£153K05/210.04 mi40, Excelsior Avenue, Alvaston, Derby, City Of Derby DE24 0AE3
£130K06/210.12 mi30, Matthew Street, Alvaston, Derby, City Of Derby DE24 0ER3
£137K08/210.13 mi26, Coleman Street, Derby, City Of Derby DE24 8NH3
£182.5K02/230.15 mi27, Matthew Street, Alvaston, Derby, City Of Derby DE24 0ES3
£187K05/230.15 mi1, Neilson Street, Alvaston, Derby, City Of Derby DE24 0ET3
£160K12/200.17 mi13, Jubalton Close, Allenton, Derby, City Of Derby DE24 9BN3
£130K02/210.21 mi41, Wilkins Drive, Allenton, Derby, City Of Derby DE24 8LU3
£127K05/210.21 mi46, Wilkins Drive, Allenton, Derby, City Of Derby DE24 8LU3
£161K05/210.21 mi33, Anthony Drive, Alvaston, Derby, City Of Derby DE24 0FZ3
£131K11/200.21 mi9, Anthony Drive, Alvaston, Derby, City Of Derby DE24 0FZ3
£192K08/210.21 mi22, Holtlands Drive, Alvaston, Derby, City Of Derby DE24 0AR3
£155K09/210.21 mi84, Brackens Lane, Alvaston, Derby, City Of Derby DE24 0AP3
£190K03/210.23 mi49, Holtlands Drive, Alvaston, Derby, City Of Derby DE24 0AS3
£205K07/230.24 mi24, Holloway Road, Alvaston, Derby, City Of Derby DE24 0FN3
£185K02/210.24 mi29, Arlington Drive, Alvaston, Derby, City Of Derby DE24 0AW3
£160K12/200.26 mi16, Anthony Crescent, Alvaston, Derby, City Of Derby DE24 0GA3
£168.5K01/210.26 mi16, Brackens Avenue, Alvaston, Derby, Derbyshire DE24 0BE3
£160K08/210.26 mi74, Uppermoor Road, Allenton, Derby, City Of Derby DE24 9BY3
£190K06/210.26 mi47, Friary Avenue, Allenton, Derby, City Of Derby DE24 9DD3
£132K11/200.26 mi12, Friary Avenue, Allenton, Derby, City Of Derby DE24 9DD3
£125K05/210.27 mi724, Harvey Road, Derby, City Of Derby DE24 0EG3
£170K06/230.27 mi679, Harvey Road, Derby, City Of Derby DE24 0EH3
£130K07/210.27 mi711, Harvey Road, Derby, City Of Derby DE24 0EH3
£168K04/230.28 mi1, Collis Close, Allenton, Derby, City Of Derby DE24 8LN3
£125K11/200.28 mi30, Hutton Street, Allenton, Derby, City Of Derby DE24 8LA3
£160K07/230.29 mi46, Bemrose Road, Allenton, Derby, City Of Derby DE24 8LQ3
£147.5K06/230.29 mi8, Radford Street, Alvaston, Derby, City Of Derby DE24 8NS3
£163K01/230.3 mi23, Harrington Street, Allenton, Derby, City Of Derby DE24 9DB3
£191K11/210.31 mi226, Boulton Lane, Derby, City Of Derby DE24 0BA3
£216K12/220.31 mi208, Boulton Lane, Derby, City Of Derby DE24 0BA3
£126K11/200.32 mi51, Brigden Avenue, Allenton, Derby, City Of Derby DE24 8LJ3
£166.5K02/230.33 mi1, Wilkins Drive, Allenton, Derby, City Of Derby DE24 8LT3
£165K02/210.36 mi271, Boulton Lane, Derby, City Of Derby DE24 9FW3
£195K11/200.37 mi132, Boulton Lane, Derby, City Of Derby DE24 0FG3
£191K01/230.37 mi130, Boulton Lane, Derby, City Of Derby DE24 0FG3
£213K07/210.39 mi54, Kiwi Drive, Alvaston, Derby, City Of Derby DE24 8NN3
£170K06/210.39 mi147, Boulton Lane, Derby, City Of Derby DE24 0AZ3
£135K02/210.39 mi21, Faversham Close, Alvaston, Derby, City Of Derby DE24 9FY3
£180K04/230.4 mi39, Crayford Road, Alvaston, Derby, City Of Derby DE24 0HL3
£166K01/230.4 mi10, Crawley Road, Alvaston, Derby, City Of Derby DE24 9FZ3
£220K04/230.41 mi16, Boulton Drive, Alvaston, Derby, City Of Derby DE24 0FQ3
£193K11/200.41 mi29, Boulton Drive, Alvaston, Derby, City Of Derby DE24 0FQ3
£210K11/210.42 mi2, Tayberry Close, Alvaston, Derby, City Of Derby DE24 8YS3
£164K08/210.42 mi46, Rosedale Avenue, Alvaston, Derby, Derbyshire DE24 0FJ3
£205K05/230.42 mi32, Rosedale Avenue, Alvaston, Derby, City Of Derby DE24 0FJ3
£181K05/230.42 mi56, Rosedale Avenue, Alvaston, Derby, City Of Derby DE24 0FJ3
£135K03/210.42 mi62, Rosedale Avenue, Alvaston, Derby, Derbyshire DE24 0FJ3
£169K03/210.43 mi25, Rosedale Avenue, Alvaston, Derby, City Of Derby DE24 0FL3
£212K03/230.44 mi12, Whinbush Avenue, Allenton, Derby, City Of Derby DE24 9DP3
£142K02/230.44 mi15, Flint Street, Allenton, Derby, City Of Derby DE24 9BH3

Local Rents

11 rents from £800/mo to £2.2K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£1,05012/240.23 miHoltlands Drive, Alvaston, Derby3
£85012/240.35 miRockhouse Road, Alvaston, Derby, Derbyshire3
£1,00012/240.38 mi-3
£92502/240.44 mi-3
£2,20004/240.48 mi-3
£1,10003/250.49 mi-3
£1,10012/240.53 miWynton Avenue, Alvaston, DERBY3
£1,00001/240.6 mi-3
£1,00001/240.6 mi-3
£80012/240.61 mi-3
£99512/240.62 miWarren Street, Alvaston3

Local Area Statistics

Population in DE24

54,396

Population in Derby

308,324

Town centre distance

2.08 miles away

Nearest school

0.10 miles away

Nearest train station

1.33 miles away

 

 

Rental demand

Landlord's market

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Listed for £160,000

February 26, 2025

Floor Plans

Description

  • No Upward Chain +
  • Three Bedroom, Semi-Detached Home +
  • EPC Rating D +
  • Freehold +
  • Council Tax Band A +
  • Non-Standard Construction +
  • Driveway Parking +

No Upward Chain Ideal for a first time buyer or investor is this three-bedroom, semi-detached property located in the highly popular Derby suburb of Alvaston. Situated on a pleasant cul-de-sac the property features double glazing, gas central heating, an enclosed rear garden and off road parking!

In brief, the accommodation comprises; Entrance hall, a lounge with a bay window, dining room with an under-stairs storage cupboard and a fitted kitchen to the rear. Found to the first floor are three bedrooms, first floor landing and a modern family bathroom having a three piece suite.

At the front of the property is a driveway providing off road parking and a path leading down the side of the property to a secure gate. This leads to the rear of the property where there is an enclosed garden laid mainly to lawn, patio area, a garden shed, shrubbery beds and fenced boundaries.

Excelsior Avenue is very conveniently located for the amenities of Alvaston, close to bus stops and has excellent road links to Pride Park, the City Centre and to the A50, A6 and A52. Call now to book a viewing!!

Please note that this property is of non-standard construction.

Agent Details

Hannells Estate Agents, Alvaston

01332 215518

Next Steps?

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