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3 Bed Flat, Single Let, Derby, DE22 3GB £59,000


ValuationUndervalued
| Sold Prices | £91.5K - £520K |
| Sold Prices/m² | £1.3K/m² - £5.4K/m² |
| |
Square Metres | ~93 m² |
| Price/m² | £634/m² |
Value Estimate | £66,550 |
| BMV | 21% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £14,750 |
Stamp Duty & Legal Fees | £3,950 |
Total Cash In | £18,700 |
| |
Cash Out | |
Rent Range | £329 - £1,820 |
Rent Estimate | £379 |
Running Costs/mo | £280 |
Cashflow/mo | £99 |
Cashflow/yr | £1,186 |
ROI | 6% |
Gross Yield | 8% |
Local Sold Prices
15 sold prices from £91.5K to £520K, average is £125K. £1.3K/m² to £5.4K/m², average is £1.8K/m².
Local Rents
50 rents from £329/mo to £1.8K/mo, average is £620/mo.
Local Area Statistics
Population in DE22 | 45,976 |
Population in Derby | 308,324 |
Town centre distance | 1.27 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 1.61 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | -12% |
Sales demand | Seller's market |
Capital growth (5yrs) | +29% |
Property History
Price changed to £59,000
March 20, 2025
Listed for £55,000
February 28, 2025
Description
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