3 Bed Semi-Detached House, Single Let, Derby, DE3 0EE, £120,000

Vicarage Road, Mickleover, DE3 0EE - 3 views - 2 months ago

Sold STC
Auction
BTL
ROI: 11%
~93 m²
+5 photos

ValuationUndervalued

Sold Prices£110K - £269.9K
Sold Prices/m²£1.3K/m² - £3.1K/m²

 

 

Square Metres

~93 m²
Price/m²£1.3K/m²

Value Estimate

£146,400
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£7,200

Total Cash In

£37,200

 

 

Cash Out

 

Rent Range

£900 - £1,550

Rent Estimate

£925

Running Costs/mo

£580

Cashflow/mo

£345

Cashflow/yr

£4,140

ROI

11%

Gross Yield

9%

Local Sold Prices

50 sold prices from £110K to £269.9K, average is £210K. £1.3K/m² to £3.1K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£157K03/210.02 mi137, Vicarage Road, Mickleover, Derby, City Of Derby DE3 0EE3
£198.5K11/220.02 mi125, Vicarage Road, Mickleover, Derby, City Of Derby DE3 0EE3
£269.9K09/210.06 mi77, Vicarage Road, Mickleover, Derby, City Of Derby DE3 0ED3
£150K10/210.09 mi27, Farneworth Road, Mickleover, Derby, City Of Derby DE3 0EQ3
£217.5K07/220.09 mi27, Farneworth Road, Mickleover, Derby, City Of Derby DE3 0EQ3
£185K10/220.1 mi2d, Farneworth Road, Mickleover, Derby, City Of Derby DE3 0EQ3
£230K11/210.11 mi163a, Vicarage Road, Mickleover, Derby, City Of Derby DE3 0EF3
£225K02/210.11 mi207, Vicarage Road, Mickleover, Derby, City Of Derby DE3 0EF3
£240K11/220.12 mi142, Vicarage Road, Mickleover, Derby, City Of Derby DE3 0EG3
£190K05/210.12 mi164, Vicarage Road, Mickleover, Derby, City Of Derby DE3 0EG3
£175K12/200.12 mi150, Vicarage Road, Mickleover, Derby, City Of Derby DE3 0EG3
£195K06/210.13 mi6, Cookham Close, Mickleover, Derby, City Of Derby DE3 0RB3
£235K04/230.13 mi3, Cookham Close, Mickleover, Derby, City Of Derby DE3 0RB3
£175K03/210.13 mi1, Fenton Road, Mickleover, Derby, City Of Derby DE3 0EN3
£123.3K05/210.14 mi3, Burnham Drive, Mickleover, Derby, City Of Derby DE3 0QZ3
£135.5K05/210.14 mi56, Farneworth Road, Mickleover, Derby, City Of Derby DE3 0ER3
£135.5K05/210.14 mi56, Farneworth Road, Mickleover, Derby, City Of Derby DE3 0ER3
£210K02/210.15 mi3, New Orchard Place, Mickleover, Derby, City Of Derby DE3 9GY3
£211K01/230.15 mi33, Fenton Road, Mickleover, Derby, City Of Derby DE3 0EP3
£205K05/230.16 mi122, Farneworth Road, Mickleover, Derby, City Of Derby DE3 0ES3
£197K09/220.16 mi116, Farneworth Road, Mickleover, Derby, City Of Derby DE3 0ES3
£137.5K11/200.16 mi124, Farneworth Road, Mickleover, Derby, City Of Derby DE3 0ES3
£186K12/220.16 mi124, Farneworth Road, Mickleover, Derby, City Of Derby DE3 0ES3
£205K12/220.16 mi106, Farneworth Road, Mickleover, Derby, City Of Derby DE3 0ES3
£255K10/220.16 mi23, New Orchard Place, Mickleover, Derby, City Of Derby DE3 9GY3
£222K10/210.17 mi37, Fenton Road, Mickleover, Derby, City Of Derby DE3 0EP3
£220K10/200.17 mi54, Fenton Road, Mickleover, Derby, Derbyshire DE3 0EP3
£222K07/220.17 mi68, West Drive, Mickleover, Derby, City Of Derby DE3 0EU3
£190K06/210.18 mi15, Wendover Close, Mickleover, Derby, Derbyshire DE3 0TD3
£240K06/230.18 mi12, Wendover Close, Mickleover, Derby, City Of Derby DE3 0TD3
£210K08/210.18 mi33, Vicarage Road, Mickleover, Derby, City Of Derby DE3 0EB3
£210K03/210.19 mi84, West Drive, Mickleover, Derby, City Of Derby DE3 0EU3
£220K03/230.19 mi48, West Drive, Mickleover, Derby, City Of Derby DE3 0EU3
£215K11/200.21 mi81, Station Road, Mickleover, Derby, City Of Derby DE3 9GJ3
£110K12/220.21 mi52, Station Road, Mickleover, Derby, City Of Derby DE3 9GJ3
£186.9K12/200.21 mi222, Ladybank Road, Mickleover, Derby, City Of Derby DE3 0RS3
£205K12/200.21 mi1, Farnham Close, Mickleover, Derby, City Of Derby DE3 0RE3
£210K03/230.22 mi221, Ladybank Road, Mickleover, Derby, City Of Derby DE3 0RR3
£237.5K01/230.23 mi27, Catterick Drive, Mickleover, Derby, City Of Derby DE3 0TY3
£189K03/210.23 mi39, Prescot Close, Mickleover, Derby, Derbyshire DE3 0TB3
£221K05/230.24 mi23, Hilton Close, Mickleover, Derby, City Of Derby DE3 0EH3
£243K01/210.24 mi74, Catterick Drive, Mickleover, Derby, City Of Derby DE3 0TX3
£260.1K10/220.25 mi65, Draycott Drive, Mickleover, Derby, City Of Derby DE3 0QE3
£235K10/210.25 mi30, Draycott Drive, Mickleover, Derby, City Of Derby DE3 0QE3
£184K02/230.25 mi31, Draycott Drive, Mickleover, Derby, City Of Derby DE3 0QE3
£190K02/210.25 mi35, Draycott Drive, Mickleover, Derby, City Of Derby DE3 0QE3
£212K12/200.25 mi65, Draycott Drive, Mickleover, Derby, City Of Derby DE3 0QE3
£247K11/220.26 mi18, Drysdale Road, Mickleover, Derby, City Of Derby DE3 0PR3
£197.5K06/210.27 mi10, Adwick Close, Mickleover, Derby, City Of Derby DE3 0QX3
£220K02/210.27 mi1, Hoylake Drive, Mickleover, Derby, City Of Derby DE3 0QA3

Local Rents

29 rents from £900/mo to £1.6K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,10003/240.02 miVicarage Road, Mickleover, Derby, Derbyshire3
£1,05004/240.02 miVicarage Road, Mickleover, Derby, Derbyshire3
£90003/240.06 miVicarage Road, Mickleover, Derby, Derbyshire3
£1,15003/250.11 mi-3
£95004/240.11 miFenton Road, Mickleover, Derby3
£1,10004/240.14 mi-3
£1,05004/240.24 miHoylake Court, Mickleover3
£99503/240.25 miBarnwood Close, Mickleover3
£1,20003/240.25 miBay Close, Mickleover3
£99503/240.31 miPortland Close, Mickleover, Derby3
£1,00003/240.35 miChilson Drive, Mickleover, Derby3
£1,10004/240.39 mi-3
£1,05004/240.39 miLadybank Road, Mickleover3
£1,07503/240.41 miBain Gardens, Mickleover, Derbyshire3
£1,07504/240.41 miBain Gardens, Mickleover, Derby3
£1,10005/240.44 miChilson Drive, Mickleover, Derby3
£1,15004/240.45 miUttoxeter Road, Derby, Derbyshire, DE33
£1,20004/240.48 miHarper Drive, Mickleover3
£92503/240.48 miBanwell Close, Mickleover, Derby3
£1,35002/240.5 mi-3
£1,35004/240.5 mi-3
£1,20003/240.5 mi-3
£1,35003/240.5 miMyrtle Avenue, Mickleover, Derby, DE33
£1,48503/240.51 mi-3
£1,48503/240.51 mi-3
£1,50002/250.51 mi-3
£1,55003/240.51 miMickleover, Derby, DE33
£1,10004/240.61 miClaydon Street, Mickleover, Derbyshire3
£1,10004/240.62 miClaydon Street, Mickleover, Derby3

Local Area Statistics

Population in DE3

17,094

Population in Derby

308,324

Town centre distance

3.15 miles away

Nearest school

0.10 miles away

Nearest train station

3.25 miles away

 

 

Rental growth (12m)

-2%

Sales demand

Seller's market

Capital growth (5yrs)

+10%

Property History

Listed for £120,000

March 1, 2025

Floor Plans

Description

  • Offered For Sale Via Auction +
  • Mid-Terrace Three-Bedroom Home +
  • UPVC Double Glazing & Gas Central Heating +
  • EPC Rating TBC +
  • Freehold & Council Tax Band B +
  • Set Back from The Main Road +
  • Lounge, Kitchen/Diner & Extended Sun Room +
  • Three Good-Sized Bedrooms +
  • Garage & Parking Space To Rear +
  • Gardens To The Front & Rear +

Offered to market via AUCTION is this mid-terrace, extended three-bedroom home. Located a short walk from the centre of Mickleover and having been partially modernised throughout, the property benefits from uPVC double glazing, gas central heating via a Worcester Bosch combination boiler, a modern consumer unit and is set back from the main road!

Accessed from the front via a pedestrian walkway, to the front can be found a small garden area with pathway leading to the front door. To the ground floor can be found an entrance hallway opening into a spacious lounge with electric fireplace, fitted kitchen/diner having a range of fitted units and archway opening from the from the dining area into an extended sun room to the rear of the property.

Found to the first floor can be found a landing area with access into the loft space, master double bedroom with extension to the rear opening into a dressing area, second double bedroom, third single bedroom and a shower room.

To the rear of the property can be found an enclosed garden area, mostly laid to lawn with a paved patio area, established beds, fence boundaries and an outside WC. The rear of the property also features a garage and parking space access from the rear.

Vicarage Road is ideally located a short distance from local schools, public transport routes, shops and amenities within Mickleover. The property also benefits from excellent access to the A38 and A50 road networks leading to the M1 motorway and East Midlands Airport. The property must be viewed internally to be fully appreciated.

Auction Details

The sale of this property will take place on Thursday 27th March 2025 by way of Auction Event and is being sold under an Unconditional sale type.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT).

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

Agent Details

Hannells Estate Agents, Mickleover

01332 215261

Next Steps?

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