2 Bed Flat, Single Let, Derby, DE1 1BR £250,000





ValuationFair Value
| Sold Prices | £38K - £174K |
| Sold Prices/m² | £679/m² - £3K/m² |
| |
Square Metres | ~141 m² |
| Price/m² | £1.8K/m² |
Value Estimate | £254,419£254,419 |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £62,500£62,500 |
Stamp Duty & Legal Fees | £16,200£16,200 |
Total Cash In | £78,700£78,700 |
| |
Cash Out | |
Rent Range | £995 - £1,750£995 - £1,750 |
Rent Estimate | £1,000 |
Running Costs/mo | £1,001£1,001 |
Cashflow/mo | £-1£-1 |
Cashflow/yr | £-15£-15 |
Gross Yield | 5%5% |
Local Sold Prices
50 sold prices from £38K to £174K, average is £117K. £679/m² to £3K/m², average is £1.8K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | ||
| £140K | 03/23 | 0.17 mi | First Floor Flat, 3, Friary Street, Derby, City Of Derby DE1 1JF | - | - | 2 | Flat | ||
| £174K | 11/24 | 0.25 mi | Weavers Point, 9, Lodge Lane, Derby DE1 3HE | £2,384 | 73 | 2 | Flat | ||
| £174K | 11/24 | 0.25 mi | 9, Weavers Point, Lodge Lane, Derby DE1 3HE | £2,384 | 73 | 2 | Flat | ||
| £150.3K | 04/25 | 0.28 mi | 21, Longs Mill Brookbridge Court, Brook Street, Derby DE1 3LG | £2,277 | 66 | 2 | Flat | ||
| £150.3K | 04/25 | 0.28 mi | 21, Longs Mill Brookbridge Court, Brook Street, Derby DE1 3LG | - | - | 2 | Flat | ||
| £146K | 08/22 | 0.28 mi | Longs Mill Brookbridge Court, 23, Brook Street, Derby DE1 3LG | £2,517 | 58 | 2 | Flat | ||
| £129K | 10/24 | 0.28 mi | 7 Derby Riverside, Apartment 21, Stuart Street, Derby DE1 2EB | £2,932 | 44 | 2 | Flat | ||
| £126.3K | 12/24 | 0.28 mi | Apartment 14, 7 Derby Riverside, Stuart Street, Derby DE1 2EB | £2,745 | 46 | 2 | Flat | ||
| £126.3K | 12/24 | 0.28 mi | Apartment 14, 7 Derby Riverside, Stuart Street, Derby DE1 2EB | - | - | 2 | Flat | ||
| £143K | 12/22 | 0.31 mi | 100, Bridge Street, Derby, City Of Derby DE1 3LF | £1,663 | 86 | 2 | Flat | ||
| £127.5K | 07/21 | 0.31 mi | Apartment 2, Westpoint, Brook Street, Derby, City Of Derby DE1 3TE | - | - | 2 | Flat | ||
| £97.5K | 10/24 | 0.31 mi | 26, St Marys Court, Derby DE1 3DD | £1,990 | 49 | 2 | Flat | ||
| £157K | 11/24 | 0.33 mi | The School Yard, 8, Edward Street, Derby DE1 3BL | £2,243 | 70 | 2 | Flat | ||
| £157K | 11/24 | 0.33 mi | 8, The School Yard, Edward Street, Derby DE1 3BL | - | - | 2 | Flat | ||
| £101.5K | 06/24 | 0.33 mi | Centro West, 50, Searl Street, Derby DE1 1BW | £1,611 | 63 | 2 | Flat | ||
| £47.5K | 10/24 | 0.34 mi | Millers Court, 5, Edward Street, Derby DE1 3BN | £950 | 50 | 2 | Flat | ||
| £90K | 05/25 | 0.34 mi | 5, Millers Court, Edward Street, Derby DE1 3BN | - | - | 2 | Flat | ||
| £48K | 09/21 | 0.34 mi | Flat 27, Great Northern Point, Great Northern Road, Derby, City Of Derby DE1 1LZ | - | - | 2 | Flat | ||
| £85K | 06/21 | 0.34 mi | Flat 5, Great Northern Point, Great Northern Road, Derby, City Of Derby DE1 1LZ | - | - | 2 | Flat | ||
| £90K | 07/22 | 0.36 mi | Flat 14, Swinscoe House, Rosengrave Street, Derby, City Of Derby DE1 1PS | - | - | 2 | Flat | ||
| £110K | 06/24 | 0.38 mi | Rowleys Mill, 26, Uttoxeter New Road, Derby DE22 3TJ | £1,833 | 60 | 2 | Flat | ||
| £160K | 05/24 | 0.38 mi | Westgate, Flat 21, Mill Street, Derby DE1 1DH | £2,162 | 74 | 2 | Flat | ||
| £116K | 07/24 | 0.38 mi | Alexandra Mill, 31, Great Northern Road, Derby DE1 1LW | £2,071 | 56 | 2 | Flat | ||
| £42.5K | 09/22 | 0.39 mi | Flat 5, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW | - | - | 2 | Flat | ||
| £111K | 07/22 | 0.39 mi | Flat 41, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW | - | - | 2 | Flat | ||
| £38K | 04/23 | 0.4 mi | Flat 31, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW | £679 | 56 | 2 | Flat | ||
| £85K | 10/21 | 0.4 mi | 12, Nuns Street, Derby, City Of Derby DE1 3LL | £1,169 | 73 | 2 | Flat | ||
| £122K | 01/25 | 0.42 mi | Apartment 3, Hawthorn House, North Street, Derby DE1 3AZ | £1,821 | 67 | 2 | Flat | ||
| £122K | 01/25 | 0.42 mi | Apartment 3, Hawthorn House, North Street, Derby DE1 3AZ | - | - | 2 | Flat | ||
| £114K | 01/23 | 0.43 mi | Apartment 1, Waterside House, Duke Street, Derby, City Of Derby DE1 3BA | - | - | 2 | Flat | ||
| £112K | 05/24 | 0.43 mi | City Walk, 5, City Road, Derby DE1 3QD | £1,647 | 68 | 2 | Flat | ||
| £116K | 05/21 | 0.43 mi | 27, City Walk, Derby, City Of Derby DE1 3QD | - | - | 2 | Flat | ||
| £78.5K | 08/21 | 0.44 mi | 94, Gerard Street, Derby, City Of Derby DE1 1PH | - | - | 2 | Flat | ||
| £135K | 06/25 | 0.45 mi | 26, Mill Gate, Ashbourne Road, Derby DE22 3EB | £3,000 | 45 | 2 | Flat | ||
| £135K | 06/25 | 0.45 mi | 26, Mill Gate, Ashbourne Road, Derby DE22 3EB | - | - | 2 | Flat | ||
| £123K | 03/25 | 0.46 mi | Flat 30, Parkland View, Bath Street, Derby DE1 3FG | £1,618 | 76 | 2 | Flat | ||
| £123K | 03/25 | 0.46 mi | Flat 30, Parkland View, Bath Street, Derby DE1 3FG | - | - | 2 | Flat | ||
| £110K | 04/24 | 0.46 mi | Parkland View, Flat 36, Bath Street, Derby DE1 3FG | £1,667 | 66 | 2 | Flat | ||
| £118K | 06/24 | 0.48 mi | Parkland View, Flat 81, Bath Street, Derby DE1 3FG | £1,788 | 66 | 2 | Flat | ||
| £163.5K | 07/25 | 0.49 mi | 2b, Belper Road, Derby DE1 3EN | - | - | 2 | Flat | ||
| £42K | 11/22 | 0.5 mi | Flat 33, Eaton Court, Leaper Street, Derby, City Of Derby DE1 3NX | - | - | 2 | Flat | ||
| £110K | 03/25 | 0.5 mi | 11, Leaper Street, Derby DE1 3ND | - | - | 2 | Flat | ||
| £91K | 07/24 | 0.51 mi | 21, Edensor Square, Derby DE22 3RQ | £1,300 | 70 | 2 | Flat | ||
| £75K | 09/24 | 0.52 mi | 5, St Annes Close, Derby DE1 3NE | £1,190 | 63 | 2 | Flat | ||
| £130K | 08/25 | 0.56 mi | 14, Melton Court Apartments, Ashbourne Road, Derby DE22 3BF | - | - | 2 | Flat | ||
| £79K | 08/25 | 0.56 mi | 1, Summerbrook Court, Derby DE22 3RR | - | - | 2 | Flat | ||
| £136K | 06/21 | 0.56 mi | 103, Parliament Street, Derby, City Of Derby DE22 3RL | £1,563 | 87 | 2 | Flat | ||
| £110K | 11/24 | 0.71 mi | 45, Arthur Hind Close, Derby DE22 1HS | - | - | 2 | Flat | ||
| £110K | 11/24 | 0.71 mi | 45, Arthur Hind Close, Derby DE22 1HS | £1,719 | 64 | 2 | Flat | ||
| £130K | 08/21 | 0.73 mi | 4, Salisbury Street, Derby, City Of Derby DE23 6SL | - | - | 2 | Flat |
Local Rents
50 rents from £995/mo to £1.8K/mo, average is £1.2K/mo.
Rent | Date | Distance | Address | Beds | Type | ||
| £1,295 | 10/25 | 0.06 mi | 22 Sadler Gate, Derby DE1 3NL, UK | 2 | Flat | ||
| £995 | 11/25 | 0.06 mi | - | 2 | Flat | ||
| £995 | 12/24 | 0.06 mi | - | 2 | Flat | ||
| £1,050 | 03/24 | 0.06 mi | St. Marys Gate, DERBY | 2 | Flat | ||
| £1,050 | 03/24 | 0.06 mi | St. Marys Gate, DERBY | 2 | Flat | ||
| £1,000 | 03/24 | 0.06 mi | St. Marys Gate, DERBY | 2 | Flat | ||
| £1,100 | 03/24 | 0.06 mi | St. Marys Gate, DERBY | 2 | Flat | ||
| £1,100 | 04/24 | 0.06 mi | St. Marys Gate, Derby DE1 3JS | 2 | Flat | ||
| £1,100 | 11/25 | 0.06 mi | St Marys Gate, Derby, DE1 | 2 | Flat | ||
| £1,500 | 07/25 | 0.06 mi | St. Marys Gate, Derby, Derbyshire, DE1 | 2 | Flat | ||
| £1,500 | 08/25 | 0.06 mi | St. Marys Gate, Derby, Derbyshire, DE1 3FS | 2 | Flat | ||
| £1,100 | 03/24 | 0.06 mi | St Marys Gate, Derby | 2 | Flat | ||
| £1,250 | 03/24 | 0.06 mi | St Marys Gate, Derby | 2 | Flat | ||
| £1,750 | 03/24 | 0.06 mi | Middleton House, St Marys Gate, Derby DE1 3FS | 2 | Flat | ||
| £1,250 | 03/24 | 0.07 mi | St. Marys Gate, Derby, Derbyshire, DE1 | 2 | Flat | ||
| £1,100 | 03/24 | 0.07 mi | St Marys Gate, Derby | 2 | Flat | ||
| £1,200 | 03/24 | 0.07 mi | St. Marys Gate, DERBY | 2 | Flat | ||
| £1,000 | 03/24 | 0.07 mi | St. Marys Gate, DERBY | 2 | Flat | ||
| £1,250 | 03/24 | 0.07 mi | Middleton House, 27 St. Marys Gate, DE1 3JR | 2 | Flat | ||
| £1,250 | 03/24 | 0.07 mi | Middleton House, St Marys Gate | 2 | Flat | ||
| £1,250 | 03/24 | 0.07 mi | Middleton House, 27 St. Marys Gate, DE1 3JR | 2 | Flat | ||
| £1,500 | 03/24 | 0.07 mi | Middleton House, 27 St. Marys Gate, DE1 3JR | 2 | Flat | ||
| £1,250 | 03/24 | 0.07 mi | Middleton House, 27 St. Marys Gate, DE1 3JR | 2 | Flat | ||
| £1,600 | 03/24 | 0.07 mi | Middleton House, 27 St. Marys Gate, DE1 3JR | 2 | Flat | ||
| £1,100 | 04/24 | 0.07 mi | St. Marys Gate, DERBY | 2 | Flat | ||
| £1,100 | 03/24 | 0.07 mi | St. Marys Gate, DERBY | 2 | Flat | ||
| £1,100 | 03/24 | 0.07 mi | St. Marys Gate, DERBY | 2 | Flat | ||
| £1,100 | 04/24 | 0.07 mi | St. Marys Gate, DERBY | 2 | Flat | ||
| £1,150 | 04/24 | 0.07 mi | St. Marys Gate, DERBY | 2 | Flat | ||
| £1,150 | 04/24 | 0.07 mi | St. Marys Gate, DERBY | 2 | Flat | ||
| £1,500 | 04/24 | 0.07 mi | St. Marys Gate, DERBY | 2 | Flat | ||
| £1,100 | 04/24 | 0.07 mi | St. Marys Gate, DERBY | 2 | Flat | ||
| £1,200 | 04/24 | 0.07 mi | St. Marys Gate, DERBY | 2 | Flat | ||
| £1,250 | 05/24 | 0.07 mi | St. Marys Gate, DERBY | 2 | Flat | ||
| £1,100 | 07/25 | 0.07 mi | St. Marys Gate, DERBY | 2 | Flat | ||
| £1,100 | 06/25 | 0.07 mi | St. Marys Gate, DERBY | 2 | Flat | ||
| £1,100 | 06/25 | 0.07 mi | St. Marys Gate, DERBY | 2 | Flat | ||
| £1,200 | 06/25 | 0.07 mi | St. Marys Gate, DERBY | 2 | Flat | ||
| £1,150 | 08/25 | 0.07 mi | St. Marys Gate, DERBY | 2 | Flat | ||
| £1,100 | 08/25 | 0.07 mi | St. Marys Gate, DERBY | 2 | Flat | ||
| £1,200 | 09/25 | 0.07 mi | St. Marys Gate, DERBY | 2 | Flat | ||
| £1,550 | 10/25 | 0.07 mi | St. Marys Gate, DERBY | 2 | Flat | ||
| £1,200 | 09/25 | 0.07 mi | St. Marys Gate, DERBY | 2 | Flat | ||
| £1,100 | 09/25 | 0.07 mi | St. Marys Gate, DERBY | 2 | Flat | ||
| £1,600 | 09/25 | 0.07 mi | St. Marys Gate, DERBY | 2 | Flat | ||
| £1,250 | 11/25 | 0.07 mi | St. Marys Gate, DERBY | 2 | Flat | ||
| £1,400 | 09/25 | 0.07 mi | St. Marys Gate, DERBY | 2 | Flat | ||
| £1,750 | 10/25 | 0.07 mi | Middleton House, Derby, DE1 3JR | 2 | Flat | ||
| £1,750 | 11/25 | 0.07 mi | St. Marys Gate, Derby, Derbyshire, DE1 | 2 | Flat | ||
| £1,700 | 11/25 | 0.07 mi | St. Marys Gate, Derby, Derbyshire, DE1 | 2 | Flat |
Local Area Statistics
Population in DE1 | 14,04614,046 |
Population in Derby | 308,324308,324 |
Town centre distance | 0.61 miles away0.61 miles away |
Nearest school | 0.40 miles away0.40 miles away |
Nearest train station | 0.87 miles away0.87 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +9%+9% |
Sales demand | Balanced marketBalanced market |
Capital growth (5yrs) | +23%+23% |
Property History
Price changed to £250,000
August 19, 2025
Price changed to £267,500
July 26, 2025
Listed for £275,000
February 28, 2025
Sold for £240,000
2005
Sold for £67,000
1998
Floor Plans
Description
A most stylish and spacious two double bedroom, two bathroom, city centre duplex apartment with courtyard seating area, ideal for direct convenient access to a vibrant array of retail, leisure and entertainment outlets.
Directions - Cheapside is best accessed on foot, parking at many of the local provisions including short-stay roadside parking on The Strand and Friar Gate along with the multi-storey car-park on Bold Lane.
A property of this individual nature in this location is a rare find, for the discerning purchaser the sale of this impressive apartment should hold strong interest.
The property occupies floors two and three of this traditional high street Derby building with an attractive façade shared with commercial neighbours enjoying secure and private access.
From the rear ground floor, an entry lobby with cloaks hanging space has stairs rising to a first floor half landing with stairs continuing to the main second floor landing-hallway with stairs continuing to the third floor, guest cloakroom, beautifully appointed fitted kitchen, large open plan living room with rear Juliet balcony and with lots of tall windows allowing for natural light. To the third floor, there is a spacious landing area fitted with study furniture, principal bedroom with en-suite and built-in wardrobes, double bedroom two and main bathroom.
Externally, there is a courtyard seating area and private gated access to the street. Parking facilities, including season ticket permits at Bold Lane multi-storey safe car park, are available just a short distance away.
The property is set amongst the traditional lanes of Derby city centre, adjoining the fashionable Sadler Gate and Friar Gate areas along with the nearby Derby Museum and Wardwick area. Derby retail, leisure and entertainment outlets including the Cathedral Quarter and St Peters Quarter, Derbion (formally Westfield) indoor shopping centre and Becketwell Performance Venue (due to open 2025) are all on the doorstep. The Derby bus and rail stations are also within easy reach.
Accommodation - Entering the property from the rear courtyard into:
Ground Floor -
Entrance Lobby - Main timber panelled and glazed front door, wood effect tiled floor, cloaks hanging and shoe storage space, window, stairs to first floor half-landing with feature LED up lighters and handrail.
First Floor -
Half-Landing - Attractive landing area with stairs continuing to the second floor with handrail, store/display area.
Second Floor -
Landing - Hallway - With stairs continuing to the second floor, radiator, access into main living area and:
Cloakroom - A spacious cloakroom, smartly appointed with a low level WC with concealed cistern and tiled surround with laminate counter top, wash basin sat on a vanity unit, tiled floor, extractor fan, inset ceiling spotlights and chrome towel radiator.
Open Plan Living Dining Room + Lobby Area - 9.58m x 3.91m (31'5" x 12'10") - Entering into a very light and airy reception area with high ceilings and three tall double glazed windows to the front elevation, each with a matching period style radiator beneath, upgraded remote intercom system, laminate flooring continuing into the main living area with ample space for all furniture including dining and lounging, feature Juliet balcony with twin opening doors to the rear elevation with canopy and views of the city, matching sash windows, further radiator, media connections and inset ceiling spotlights.
Kitchen - 4.85m x 2.64m (15'11" x 8'8") - Beautifully appointed with a plentiful and quality range of wall and base units with matching cupboard and drawer fronts finished with quality granite work surfaces and matching upstands, additional matching units with laminate work surfaces, stainless steel sink and drainer, electric oven and gas hob with extractor fan over, integrated dishwasher and washing machine, space for an upright fridge freezer and breakfast table and chairs, two further tall double glazed windows both with a matching period style radiator beneath, inset ceiling spotlights and a natural effect tiled floor. Wall mounted and concealed combination boiler (replaced 2018 with 10 year guarantee.)
Third Floor -
Landing - A large area being well utilised as a home office having two fitted desks, cabinets and drawers, inset ceiling spotlights, attractive dormer window with double glazed main window and additional side panels with deep eaves storage cupboard beneath, two period style radiators.
Bedroom One - 5.56m x 3.91m (18'3" x 12'10") - Entering into a dressing room with fitted wardrobes having sliding mirrored doors and access into the en-suite. The main bedroom area is spacious and features a rear facing dormer with windows to three sides all offering a superb aspect of the city centre, also providing a useful dressing area, ample space for plentiful bedroom furniture, inset ceiling spotlights and two period style radiators.
En-Suite - Beautifully appointed and tiled comprising large walk-in shower cubicle with electric shower over and glazed screens, deep wash basin and low level WC, extractor fan, inset ceiling spotlights and chrome towel radiator.
Bedroom Two - 4.83m x 3.89m (15'10" x 12'9") - A second spacious bedroom with ample room for all bedroom furniture, attractive dormer window with double glazed main window and additional side panels, feature brick revealed chimney breast and display recess, inset ceiling spotlights and period style radiator.
Bathroom - Attractively tiled with natural accents comprising a deep bath with illuminated display recess, the wash basin and WC are both neatly fitted with tiled surrounds and sill, large fitted mirror, extractor fan, inset ceiling spotlights and chrome towel radiator.
Outside - The property is securely accessed from the pavement through a timber gate having intercom system.
A pleasant shared courtyard seating area can be found to the rear on raised decking with steps to the main door.
The apartment is privately accessed with no shared internal areas.
Parking facilities, including season ticket permits at Bold Lane multi-storey safe car park, are available just a short distance away.
Lease Charges - There is a long lease having 963 years remaining.
No ground rent or lease charges apply.
The owner shares buildings insurance with the commercial neighbours.
Similar Properties
Like this property? Maybe you'll like these ones close by too.

- Loading...

- Loading...

- Loading...

- Loading...

- Loading...

2 Bed Flat, Single Let, Derby, DE1 1HW
£120,000
2 years ago • 62 m²

- Loading...

- Loading...

- Loading...

- Loading...

- Loading...

- Loading...

- Loading...

- Loading...

- Loading...

- Loading...

- Loading...

- Loading...

- Loading...

- Loading...

- Loading...

2 Bed Flat, Single Let, Derby, DE1 1HW
£115,000
3 months ago • 68 m²

- Loading...

- Loading...

- Loading...

- Loading...

- Loading...

- Loading...

- Loading...

2 Bed Flat, Single Let, Derby, DE1 3JZ
£200,000
1 views • 3 months ago • 68 m²

- Loading...

- Loading...

- Loading...

- Loading...

- Loading...

- Loading...

- Loading...

- Loading...

- Loading...

- Loading...

- Loading...

- Loading...

- Loading...

- Loading...

- Loading...

- Loading...

- Loading...

- Loading...

- Loading...

- Loading...

- Loading...

- Loading...

- Loading...

- Loading...

- Loading...

2 Bed House, Single Let, Derby, DE1 3JZ
£325,000
2 months ago • 68 m²