2 Bed Flat, Single Let, Derby, DE73 5XD, £125,000

Rowallan Way, Chellaston, Derby, DE73 5XD - 23 days ago

Sold STC
Leasehold
BTL
ROI: 7%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£60K - £220K
Sold Prices/m²£1.7K/m² - £3.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.8K/m²

Value Estimate

£142,903
BMV14%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£31,250

Stamp Duty & Legal Fees

£7,450

Total Cash In

£38,700

 

 

Cash Out

 

Rent Range

£725 - £925

Rent Estimate

£800

Running Costs/mo

£571

Cashflow/mo

£229

Cashflow/yr

£2,753

ROI

7%

Gross Yield

8%

Local Sold Prices

22 sold prices from £60K to £220K, average is £124.3K. £1.7K/m² to £3.2K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£87K03/230.22 mi29, Thurstone Furlong, Chellaston, Derby, City Of Derby DE73 5PZ2
£112.5K10/210.23 mi105, Parkway, Chellaston, Derby, City Of Derby DE73 5QB2
£126K04/230.23 mi103, Parkway, Chellaston, Derby, City Of Derby DE73 5QB2
£112.5K10/210.23 mi105, Parkway, Chellaston, Derby, City Of Derby DE73 5QB2
£115K12/210.28 mi32, Prestwick Way, Chellaston, Derby, City Of Derby DE73 5AB2
£149.9K02/220.6 mi28, Ferncroft Walk, Chellaston, Derby, City Of Derby DE73 6SA2
£180K05/210.64 mi39, Green Avenue, Chellaston, Derby, City Of Derby DE73 6TE2
£60K08/210.64 miFlat 12, Stonyhurst Court, Sinfin Avenue, Shelton Lock, Derby, City Of Derby DE24 9JZ2
£220K06/210.66 mi10, Ranworth Close, Derby, City Of Derby DE24 9QG2
£80K12/200.71 mi20, Sheldon Court, Shelton Lock, Derby, City Of Derby DE24 9QR2
£95.5K05/220.73 mi34, Stonebroom Walk, Shelton Lock, Derby, City Of Derby DE24 9QS2
£114K08/220.75 mi4, Blithfield Gardens, Chellaston, Derby, City Of Derby DE73 6XQ2
£104K01/220.75 mi6, Blithfield Gardens, Chellaston, Derby, City Of Derby DE73 6XQ2
£121K03/230.75 mi14, Blithfield Gardens, Chellaston, Derby, City Of Derby DE73 6XQ2
£160K06/210.81 mi5, Lorraine Close, Shelton Lock, Derby, City Of Derby DE24 9EX2
£175K12/210.85 mi1, Whitehouse Close, Shelton Lock, Derby, City Of Derby DE24 9QE2
£162K11/200.91 mi109, Sinfin Avenue, Shelton Lock, Derby, City Of Derby DE24 9EY2
£138.5K03/210.91 mi95, Sinfin Avenue, Shelton Lock, Derby, City Of Derby DE24 9EY2
£175K08/210.91 mi120, Sinfin Avenue, Shelton Lock, Derby, City Of Derby DE24 9EZ2
£160K11/220.99 mi17, Highgrove Court, Shelton Lock, Derby, City Of Derby DE24 9SJ2
£122.5K06/210.99 mi7, Highgrove Court, Shelton Lock, Derby, City Of Derby DE24 9SJ2
£140K09/221 mi15, Highgrove Court, Shelton Lock, Derby, City Of Derby DE24 9SJ2

Local Rents

13 rents from £725/mo to £925/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£87503/240.06 miRose Close, Chellaston, Derby, Derbyshire, DE73 5XP2
£79503/240.22 miThurstone Furlong, Chellaston2
£72503/240.28 miPrestwick Way, Chellaston, Derby, DE732
£85002/250.3 mi-2
£79504/240.3 miAlonso Close, Chellaston2
£85012/240.32 mi-2
£80003/240.53 miLockington Close, Chellaston2
£85003/240.61 miGreen Avenue, Chellaston, Derby, DE73 6TE2
£85003/240.67 miSimcoe Leys, Chellaston, Derby2
£82503/240.67 miSimcoe Leys, Chellaston2
£92512/240.8 miHickling Close, Shelton Lock, Derby2
£85004/241.1 mi-2
£85012/241.1 miMorningside Close, Allenton, DE242

Local Area Statistics

Population in DE73

19,040

Population in Derby

308,324

Town centre distance

3.45 miles away

Nearest school

0.10 miles away

Nearest train station

2.32 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+20%

Sales demand

Seller's market

Capital growth (5yrs)

+24%

Property History

Listed for £125,000

February 27, 2025

Floor Plans

Description

  • No upward chain +
  • Offered vacant or with tenant in situ +
  • Two double bedrooms +
  • Ensuite and bathroom +
  • Spacious balcony +
  • Parking with security barrier +
  • Great road links - A50, A38, A52 and M1 +
  • Close to Rolls Royce +
  • Video intercom system +
  • Property reference number JN1023 +

Offered with no upward chain and the option of vacant possession or with tenant in situ, currently paying £800 PCM. Stunning first floor apartment located within the popular Bonnie Prince Estate in Chellaston, Derby.
Accommodation briefly comprises of entrance hall, large open plan living/kitchen with full balcony, two double bedrooms with ensuite to master and bathroom. Benefiting from gas central heating and double glazing, video intercom entry system and secure, gated parking. Located walking distance to a range of local amenities including shops, schools, parks and eateries. Chellaston is situated with brilliant commuter links to the A50, A52, M1 & A38 and also close proximity to Rolls Royce and Toyota.  Property reference number JN1023. Communal Entrance Main entrance door with intercom entry system leads into communal hallway with access to individual post boxes and stairs leading to apartments.  Entrance Hall Carpet to floor, gas central heated radiator and access to two double bedrooms, open plan living room/kitchen, bathroom and storage cupboard. Fitted intercom system.  Open Plan Living Room/Kitchen - 3.58m x 6.31m (11'8" x 20'8") Open plan kitchen/living/dining room having upvc double glazed doors leading to full size balcony and two gas central heated radiators. The kitchen consists of tiles to floor, a range of wall and base units with integrated electric oven, gas hob, hooded extractor fan, splash tiling and chrome sink with chrome mixer tap. Space for fridge/freezer and washing machine. The living area has carpeted flooring and space for living area and an area for a dining table. Bedroom 1 - 2.54m x 4.11m (8'4" x 13'5") Carpet to floor, gas central heated radiator and upvc double glazed window.  Ensuite - 1.66m x 1.56m (5'5" x 5'1") Tiles to floor, extractor fan and gas central heated towel rail. Three piece suite with enclosed shower cubicle, WC and wash hand basin.  Bedroom 2 - 2.51m x 4.37m (8'2" x 14'4") Carpet to floor, gas central heated radiator and upvc double glazed window. Bathroom - 1.71m x 1.81m (5'7" x 5'11") Tiles to floor, extractor fan and gas central heated towel rail. Three piece suite with panelled bath and shower over, WC and wash hand basin.  Outisde The apartment is located on a well maintained development and benefits from an allocated parking space in secure car park with barrier.  Lease 99 year lease from November 2016 Annual service charge: £1,400.82 Annual ground rent: £200.00 Disclaimer Property reference number JN1023. Whilst every attempt has been made to ensure the accuracy of the details of floor plan, measurements, windows, rooms and any other items are approximate, and no responsibility is taken for any error, omission, or misstatement. This plan is for illustrative purposes only and should be used as such by any prospective purchaser. The services, systems and appliances shown have not been tested and no guarantee as to their operability or efficiency can be given.   EPC: C Council Tax Band: Band B Tenure: Leasehold Parking Arrangements: Gated parking Electricity Supply: Mains Water Supply: Mains Sewerage: Mains Heating Supply: Electric central heating Broadband: Please refer to Ofcom Mobile Signal Coverage: Please refer to Ofcom Building Safety Issues: None Restrictions: Confirm with conveyancer Rights And Easements: Confirm with conveyancer Flood Risks Or Previous Flooding: Confirm with conveyancer

Agent Details

eXp UK, East Midlands

03304 609968

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