3 Bed Semi-Detached House, Single Let, Derby, DE24 8LB, £125,000

8 Flamstead Street, Allenton, Derbyshire, DE24, DE24 8LB - 2 views - a month ago

Auction
BTL
ROI: 12%
~93 m²
+16 photos

ValuationUndervalued

Sold Prices£60K - £290K
Sold Prices/m²£732/m² - £3.3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.3K/m²

Value Estimate

£129,150
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£31,250

Stamp Duty & Legal Fees

£6,450

Total Cash In

£37,700

 

 

Cash Out

 

Rent Range

£800 - £3,000

Rent Estimate

£850

Running Costs/mo

£581

Cashflow/mo

£269

Cashflow/yr

£3,233

ROI

9%

Gross Yield

8%

Local Sold Prices

50 sold prices from £60K to £290K, average is £160.5K. £732/m² to £3.3K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£125K11/200.05 mi30, Hutton Street, Allenton, Derby, City Of Derby DE24 8LA3
£166.5K02/230.07 mi1, Wilkins Drive, Allenton, Derby, City Of Derby DE24 8LT3
£130K02/210.16 mi41, Wilkins Drive, Allenton, Derby, City Of Derby DE24 8LU3
£127K05/210.16 mi46, Wilkins Drive, Allenton, Derby, City Of Derby DE24 8LU3
£171K07/230.17 mi17, Peveril Street, Derby, City Of Derby DE24 8DG3
£160K07/230.18 mi46, Bemrose Road, Allenton, Derby, City Of Derby DE24 8LQ3
£142K02/230.21 mi15, Flint Street, Allenton, Derby, City Of Derby DE24 9BH3
£160K08/210.21 mi74, Uppermoor Road, Allenton, Derby, City Of Derby DE24 9BY3
£126K11/200.22 mi51, Brigden Avenue, Allenton, Derby, City Of Derby DE24 8LJ3
£60K06/230.23 mi368, Osmaston Park Road, Derby, City Of Derby DE24 8FB3
£137K12/200.23 mi344, Osmaston Park Road, Derby, City Of Derby DE24 8FB3
£160K12/200.24 mi13, Jubalton Close, Allenton, Derby, City Of Derby DE24 9BN3
£168K04/230.24 mi1, Collis Close, Allenton, Derby, City Of Derby DE24 8LN3
£170K02/230.25 mi26, Carter Street, Allenton, Derby, City Of Derby DE24 9BA3
£163K01/230.28 mi23, Harrington Street, Allenton, Derby, City Of Derby DE24 9DB3
£137K08/210.29 mi26, Coleman Street, Derby, City Of Derby DE24 8NH3
£190K06/210.3 mi47, Friary Avenue, Allenton, Derby, City Of Derby DE24 9DD3
£132K11/200.3 mi12, Friary Avenue, Allenton, Derby, City Of Derby DE24 9DD3
£130K05/230.33 mi28, Addison Road, Derby, City Of Derby DE24 8FG3
£153K05/210.37 mi40, Excelsior Avenue, Alvaston, Derby, City Of Derby DE24 0AE3
£100K05/230.39 mi118, Lord Street, Allenton, Derby, City Of Derby DE24 9AU3
£167.6K04/230.39 mi140, Lord Street, Allenton, Derby, City Of Derby DE24 9AU3
£130K11/200.4 mi437, Osmaston Park Road, Derby, City Of Derby DE24 8DB3
£210K11/210.43 mi2, Tayberry Close, Alvaston, Derby, City Of Derby DE24 8YS3
£187K05/230.43 mi1, Neilson Street, Alvaston, Derby, City Of Derby DE24 0ET3
£123K07/210.44 mi21, Tennyson Street, Derby, City Of Derby DE24 8BN3
£220K12/220.44 mi105, Chellaston Road, Derby, City Of Derby DE24 9AF3
£130K06/210.45 mi30, Matthew Street, Alvaston, Derby, City Of Derby DE24 0ER3
£215K07/230.45 mi65, Westgreen Avenue, Allenton, Derby, City Of Derby DE24 9AQ3
£192K08/210.46 mi22, Holtlands Drive, Alvaston, Derby, City Of Derby DE24 0AR3
£177K02/230.46 mi3, Sinfin Fields Crescent, Allenton, Derby, City Of Derby DE24 9AL3
£182.5K02/230.48 mi27, Matthew Street, Alvaston, Derby, City Of Derby DE24 0ES3
£190K03/210.48 mi49, Holtlands Drive, Alvaston, Derby, City Of Derby DE24 0AS3
£179K12/200.48 mi26, Merrill Way, Allenton, Derby, City Of Derby DE24 9AJ3
£167.5K06/210.48 mi5, Whinbush Avenue, Allenton, Derby, City Of Derby DE24 9DQ3
£163.8K12/200.48 mi21, Whinbush Avenue, Allenton, Derby, Derbyshire DE24 9DQ3
£153.5K11/200.48 mi41, Avonmouth Drive, Alvaston, Derby, City Of Derby DE24 8UL3
£212K03/230.49 mi12, Whinbush Avenue, Allenton, Derby, City Of Derby DE24 9DP3
£290K01/230.49 mi44, Mandarin Way, Alvaston, Derby, City Of Derby DE24 8YE3
£213K07/210.51 mi54, Kiwi Drive, Alvaston, Derby, City Of Derby DE24 8NN3
£147.5K06/230.52 mi8, Radford Street, Alvaston, Derby, City Of Derby DE24 8NS3
£185K02/210.52 mi29, Arlington Drive, Alvaston, Derby, City Of Derby DE24 0AW3
£155K09/210.53 mi84, Brackens Lane, Alvaston, Derby, City Of Derby DE24 0AP3
£161K05/210.54 mi33, Anthony Drive, Alvaston, Derby, City Of Derby DE24 0FZ3
£131K11/200.54 mi9, Anthony Drive, Alvaston, Derby, City Of Derby DE24 0FZ3
£190K03/230.54 mi21, Keynsham Close, Alvaston, Derby, City Of Derby DE24 8UN3
£160K01/230.55 mi463, Baker Street, Alvaston, Derby, City Of Derby DE24 8SN3
£128K12/200.55 mi423, Baker Street, Alvaston, Derby, City Of Derby DE24 8SN3
£121K03/210.55 mi129, Merrill Way, Allenton, Derby, City Of Derby DE24 9JN3
£168.5K01/210.55 mi16, Brackens Avenue, Alvaston, Derby, Derbyshire DE24 0BE3

Local Rents

38 rents from £800/mo to £3K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£1,05002/250.45 mi-3
£80012/240.45 mi-3
£1,20012/240.48 miMoor Lane, Allenton, Derby3
£1,05012/240.48 miHoltlands Drive, Alvaston, Derby3
£2,20004/240.5 mi-3
£1,10003/250.51 mi-3
£1,10012/240.61 miWynton Avenue, Alvaston, DERBY3
£1,25003/250.62 mi-3
£1,00001/240.66 mi-3
£1,00001/240.66 mi-3
£85012/240.68 miRockhouse Road, Alvaston, Derby, Derbyshire3
£1,00012/240.7 mi-3
£92502/240.71 mi-3
£85012/240.74 miChambers Street, Derby3
£80012/240.75 mi-3
£99512/240.77 miWarren Street, Alvaston3
£1,05003/250.78 mi-3
£1,15002/250.78 mi-3
£90012/240.81 miGrosvenor Street, Derby, Derbyshire3
£85003/250.81 mi-3
£92512/240.82 miHaig Street, Derby, Derbyshire, DE24 8RH3
£1,00012/240.83 miWroxham Close, Shelton Lock, DERBY3
£3,00001/250.84 mi-3
£89512/240.96 miMoor Drive, Alvaston, Derby, Derbyshire3
£95012/240.98 miMagellan Way, Derby3
£99512/241.04 miRaynesway, Alvaston, Derby, DE243
£1,10003/251.05 mi-3
£87512/241.1 mi-3
£87501/251.11 mi-3
£93003/241.13 miShaftesbury Crescent, Derby DE23 8NA3
£93003/241.13 miShaftesbury Crescent, Derby DE23 8NA3
£1,15003/251.14 mi-3
£85003/241.16 miBalfour Road 3
£85004/241.17 miReeves Road, Normanton3
£95004/241.18 miBethulie Road, DERBY3
£1,09503/251.18 mi-3
£99512/241.22 mi-3
£90002/251.24 mi-3

Local Area Statistics

Population in DE24

54,396

Population in Derby

308,324

Town centre distance

1.85 miles away

Nearest school

0.30 miles away

Nearest train station

1 miles away

 

 

Rental demand

Landlord's market

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Price changed to £125,000

March 20, 2025

Listed for £105,000

February 28, 2025

Description

Key Features
  • Lot 83 for sale by auction on 19/03/2025
  • To view the property or see a virtual tour please refer to the full sales particulars on the auctioneers website
  • Ground Floor - Reception Room, Kitchen
  • First Floor - Three Bedrooms, Bathroom
  • Garden
  • Located in a Allenten, a lively area of Derby
  • The open sapces of Kiwi Park are within walking distance
  • Local shops and amenities are within walking distance
  • Video Tour available below
Key Locations
  • Derby station is located to the north
  • The M1 motorway is located to the east
  • Located in a Allenten, a lively area of Derby
  • Local shops and amenities are within walking distance
  • The open sapces of Kiwi Park are within walking distance
Viewings
  • The property will be open for viewing on Monday 10th March, Wednesday 12th March and Friday 14th March between 12:45 - 1:15 p.m. These are open viewing times with no need to register.

    If you cannot attend the viewing you are advised to view the images and any available virtual tour on our website before bidding.

Agent Details

Allsop, Auction

020 3879 5993

Next Steps?

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