3 Bed Semi-Detached House, Refurb/BRRR, Belper, DE56 1NU, £250,000

The Fleet, Belper, Derbyshire, DE56 1NU - 1 views - a month ago

Refurb/BRRR
ROI: 1%
~93 m²
+13 photos

ValuationOvervalued

Sold Prices£114K - £365K
Sold Prices/m²£1.5K/m² - £4.1K/m²

 

 

Square Metres

~93 m²
Price/m²£2.7K/m²

Value Estimate

£219,296

 

 

End Value (After Refurb)

£229,358

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£13,700

Refurb Costs

£37,747

Bridging Loan Interest

£6,563

Total Cash In

£122,260

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£229,358

Mortgage (After Refinance)

£172,019

Mortgage LTV

75%

Cash Left In

£122,260

Equity

£57,340

Rent Range

£760 - £1,500

Rent Estimate

£1,031

Running Costs/mo

£943

Cashflow/mo

£88

Cashflow/yr

£1,057

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £114K to £365K, average is £250K. £1.5K/m² to £4.1K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£225K10/200.03 mi32, The Fleet, Belper, Derbyshire DE56 1NU3
£238K05/230.14 mi15, Brookside, Belper, Derbyshire DE56 1UR3
£252K03/230.16 mi20, Leighton Way, Belper, Derbyshire DE56 1SX3
£305K05/230.24 mi19, Derby Road, Belper, Derbyshire DE56 1UU3
£157K09/210.25 mi39, Chapel Street, Belper, Derbyshire DE56 1AR3
£114K10/200.27 mi107, Holbrook Road, Belper, Derbyshire DE56 1PB3
£177.5K11/200.27 mi74, Chestnut Avenue, Belper, Derbyshire DE56 1LW3
£189K12/220.27 mi36, Chestnut Avenue, Belper, Derbyshire DE56 1LY3
£365K12/200.31 mi22, The Butts, Belper, Derbyshire DE56 1HX3
£295K06/210.32 mi17, Albert Street, Belper, Derbyshire DE56 1DA3
£350K01/230.32 mi14, Albert Street, Belper, Derbyshire DE56 1DA3
£289.9K05/210.32 mi27, Becksitch Lane, Belper, Derbyshire DE56 1UZ3
£178K03/210.32 mi53, Bargate Road, Belper, Derbyshire DE56 1NF3
£295K09/210.34 mi81, Parkside, Belper, Derbyshire DE56 1HY3
£177K03/210.35 mi49, Park Road, Belper, Derbyshire DE56 1LN3
£180K02/210.35 mi38, Park Road, Belper, Derbyshire DE56 1LN3
£188K10/200.36 mi7, Green Lane, Belper, Derbyshire DE56 1BY3
£185K09/210.36 mi21, Green Lane, Belper, Derbyshire DE56 1BY3
£224.4K12/210.38 mi16, St Johns Road, Belper, Derbyshire DE56 1JE3
£310K07/230.38 mi22, St Johns Road, Belper, Derbyshire DE56 1JE3
£149K10/200.38 mi10, St Johns Road, Belper, Derbyshire DE56 1JE3
£272.5K03/230.38 mi38, Mill Lane, Belper, Derbyshire DE56 1LG3
£188K08/210.39 mi25, High Street, Belper, Derbyshire DE56 1GF3
£210K06/230.39 mi18, High Street, Belper, Derbyshire DE56 1GF3
£215K03/230.39 mi1, Nottingham Road, Belper, Derbyshire DE56 1JG3
£205K12/220.4 mi54, Mill Lane, Belper, Derbyshire DE56 1LH3
£285K02/210.41 mi6, Chevin View, Belper, Derbyshire DE56 1BB3
£174K05/210.43 mi5, Millbank Avenue, Belper, Derbyshire DE56 1QD3
£230K02/210.45 mi24, Walnut Road, Belper, Derbyshire DE56 1RG3
£330K06/230.45 mi4, Church View, Belper, Derbyshire DE56 1JB3
£300K12/220.46 mi6, Church View, Belper, Derbyshire DE56 1JB3
£210K03/210.46 mi4, Kirks Lane, Belper, Derbyshire DE56 1LJ3
£320K03/210.48 mi3, Joseph Street, Belper, Derbyshire DE56 1DP3
£325K05/210.5 mi10, Chesterfield Road, Belper, Derbyshire DE56 1FD3
£350K03/210.5 mi15, Chesterfield Road, Belper, Derbyshire DE56 1FD3
£288K02/210.5 mi18, George Street, Belper, Derbyshire DE56 1DL3
£304.3K12/200.5 mi11, George Street, Belper, Derbyshire DE56 1DL3
£263K12/220.51 mi14, Stanton Avenue, Belper, Derbyshire DE56 1EE3
£230K11/200.51 mi11, Belrope Acre, Belper, Derbyshire DE56 1SR3
£225K01/230.52 mi139, Nottingham Road, Belper, Derbyshire DE56 1JH3
£250K03/230.53 mi86, Nottingham Road, Belper, Derbyshire DE56 1JH3
£315K06/210.53 mi40, Long Row, Belper, Derbyshire DE56 1DS3
£323.5K12/200.53 mi34, Long Row, Belper, Derbyshire DE56 1DS3
£225K12/200.53 mi10, Stanton Avenue, Belper, Derbyshire DE56 1EE3
£260K03/230.53 mi20, Stanton Avenue, Belper, Derbyshire DE56 1EE3
£250K07/230.53 mi39, Stanton Avenue, Belper, Derbyshire DE56 1EE3
£340K06/230.55 mi74, Long Row, Belper, Derbyshire DE56 1DR3
£318K02/210.56 mi40, Spencer Road, Belper, Derbyshire DE56 1JY3
£245K12/200.56 mi43, Spencer Road, Belper, Derbyshire DE56 1JY3
£345K06/230.56 mi40, Spencer Road, Belper, Derbyshire DE56 1JY3

Local Rents

16 rents from £760/mo to £1.5K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£85012/240.17 miQueen Street, Belper3
£90012/240.32 miAlder Road, BELPER3
£95012/240.36 miGreen Lane, Belper, Derby3
£1,00012/240.37 miGreen Lane, Belper, Derbyshire, DE563
£89512/240.45 miSycamore Croft, Belper3
£1,20001/250.46 mi-3
£1,20012/240.47 miClan Drive, Belper, Derby, DE56 1RB3
£90012/240.47 miChesterfield Road, Belper, Derbyshire, DE563
£89512/240.65 miWindmill Lane, Belper3
£90012/240.69 miMarsh Lane, Belper, Derbyshire, DE563
£76009/230.89 mi-3
£1,45012/240.98 mi-3
£1,50003/250.98 mi-3
£1,45012/240.98 miBlackbird Row, Belper, DE563
£80012/241.2 miFar Laund, Belper3
£85012/241.21 miSunny Hill, Milford, Belper3

Local Area Statistics

Population in DE56

39,812

Town centre distance

0.54 miles away

Nearest school

0.50 miles away

Nearest train station

0.39 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-13%

Sales demand

Balanced market

Capital growth (5yrs)

+28%

Property History

Listed for £250,000

March 3, 2025

Floor Plans

Description

  • NO CHAIN +
  • Extended Semi-Detached +
  • Three Bedrooms +
  • Stunning Countryside Views +
  • Sought After Location +
  • Good Access To Local Amenities +

This traditional semi-detached home is offered for sale with NO UPWARD CHAIN and is located within walking distance of local amenities, schools and the town centre itself. Requiring modernisation throughout, this property briefly comprises, entrance porch and entrance hall, lounge, separate dining room, fitted kitchen with pantry, two double bedrooms, one single bedroom and family bathroom. Further benefits include off street parking, garage and gas central heating. To the front of the property is a fore garden with a dry-stone boundary wall and garden to the rear enjoying far reaching views.

Situated within easy reach of Belper with its busy railway station, excellent schools, shopping, bars, restaurants and leisure facilities. There is easy access to Derby and Nottingham via major road links A38, M1 and A6, which provides the gateway to the stunning Peak District.

Agent Details

Leaders Sales, Derby

020 3909 9670

Next Steps?

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