3 Bed Terraced House, Refurb/BRRR, Belper, DE56 2DJ, £495,000

Dalley Lane, Belper, DE56 2DJ - a month ago

Refurb/BRRR

~93 m²

+31 photos

ValuationOvervalued

Sold Prices	£150K - £580K
Sold Prices/m²	£1.5K/m² - £3.8K/m²

Square Metres	~93 m²
Price/m²	£5.3K/m²
Value Estimate	£244,045£244,045

End Value (After Refurb)	£407,475£407,475

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£123,750£123,750
Stamp Duty & Legal Fees	£38,200£38,200
Refurb Costs	£37,747£37,747
Bridging Loan Interest	£12,994£12,994
Total Cash In	£214,441£214,441

Cash Out
Monetisation	FlipRefinance & RentRefinance & Rent
Revaluation	£407,475£407,475
Mortgage (After Refinance)	£305,606£305,606
Mortgage LTV	75%75%
Cash Left In	£214,441£214,441
Equity	£101,869£101,869
Rent Range	£450 - £1,200£450 - £1,200
Rent Estimate	£810
Running Costs/mo	£1,455£1,455
Cashflow/mo	£-645£-645
Cashflow/yr	£-7,744£-7,744
Gross Yield	2%2%

Local Sold Prices

50 sold prices from £150K to £580K, average is £273.5K. £1.5K/m² to £3.8K/m², average is £2.8K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£250K	04/23	0.38 mi	28, Whitehouse Rise, Belper, Derbyshire DE56 2TW	-	-	3	Semi-Detached House
£222.5K	09/21	0.39 mi	14, Oakhurst Close, Belper, Derbyshire DE56 2TR	-	-	3	Semi-Detached House
£330K	01/23	0.42 mi	13, Wren Park Close, Belper, Derbyshire DE56 2TN	-	-	3	Detached House
£192.5K	01/21	0.46 mi	9, Gorsey Close, Belper, Derbyshire DE56 2TT	-	-	3	Semi-Detached House
£250K	01/21	0.46 mi	13, Gorsey Close, Belper, Derbyshire DE56 2TT	£3,125	80	3	Semi-Detached House
£280K	12/20	0.48 mi	99, Belper Lane, Belper, Derbyshire DE56 2UH	£2,745	102	3	Semi-Detached House
£365K	03/23	0.59 mi	63, Belper Lane, Belper, Derbyshire DE56 2UQ	-	-	3	Semi-Detached House
£257.5K	04/21	0.6 mi	7, Mount Pleasant Drive, Belper, Derbyshire DE56 2TQ	£2,550	101	3	Semi-Detached House
£335K	12/22	0.61 mi	27, Mount Pleasant Drive, Belper, Derbyshire DE56 2TQ	£3,602	93	3	Detached House
£425K	12/20	0.67 mi	32, Lodge Drive, Belper, Derbyshire DE56 2TP	£3,696	115	3	Detached House
£430K	02/21	0.7 mi	11, Belper Lane, Belper, Derbyshire DE56 2UG	£3,165	136	3	Semi-Detached House
£365K	02/21	0.77 mi	10, Plains Lane, Blackbrook, Belper, Derbyshire DE56 2DD	-	-	3	Detached House
£580K	03/23	0.77 mi	14, Plains Lane, Blackbrook, Belper, Derbyshire DE56 2DD	-	-	3	Detached House
£234K	03/21	0.92 mi	5, Mill View, Belper, Derbyshire DE56 1FE	£2,294	102	3	Terraced House
£340K	06/23	0.99 mi	74, Long Row, Belper, Derbyshire DE56 1DR	-	-	3	Terraced House
£150K	12/20	1 mi	8, Birch Vale, Belper, Derbyshire DE56 1BR	£2,113	71	3	Semi-Detached House
£315K	06/21	1.05 mi	40, Long Row, Belper, Derbyshire DE56 1DS	-	-	3	Terraced House
£323.5K	12/20	1.05 mi	34, Long Row, Belper, Derbyshire DE56 1DS	£3,052	106	3	Terraced House
£288K	02/21	1.05 mi	18, George Street, Belper, Derbyshire DE56 1DL	£3,310	87	3	Terraced House
£304.3K	12/20	1.05 mi	11, George Street, Belper, Derbyshire DE56 1DL	£2,623	116	3	Terraced House
£200K	10/21	1.06 mi	6, Eyam Walk, Belper, Derbyshire DE56 1BL	£2,899	69	3	Terraced House
£215K	12/22	1.06 mi	1, Eyam Walk, Pinglewick Hamlet, Belper, Derbyshire DE56 1BL	£2,756	78	3	Semi-Detached House
£320K	03/21	1.08 mi	3, Joseph Street, Belper, Derbyshire DE56 1DP	£3,404	94	3	Semi-Detached House
£285K	02/21	1.09 mi	6, Chevin View, Belper, Derbyshire DE56 1BB	£2,733	104	3	Terraced House
£191K	11/20	1.11 mi	44, Acorn Drive, Belper, Derbyshire DE56 1EL	£2,358	81	3	Semi-Detached House
£192.5K	10/20	1.11 mi	41, Acorn Drive, Belper, Derbyshire DE56 1EL	£2,238	86	3	Semi-Detached House
£225K	01/23	1.12 mi	12, Edward Street, Belper, Derbyshire DE56 1DZ	-	-	3	Semi-Detached House
£210K	08/21	1.14 mi	35, Crich Lane, Belper, Derbyshire DE56 1EN	-	-	3	Semi-Detached House
£232K	02/23	1.17 mi	72, Mill Street, Belper, Derbyshire DE56 1DU	-	-	3	Semi-Detached House
£299.9K	07/23	1.19 mi	22, Bessalone Drive, Belper, Derbyshire DE56 1ES	-	-	3	Detached House
£295K	06/21	1.22 mi	17, Albert Street, Belper, Derbyshire DE56 1DA	-	-	3	Semi-Detached House
£350K	01/23	1.22 mi	14, Albert Street, Belper, Derbyshire DE56 1DA	-	-	3	Terraced House
£185K	09/21	1.22 mi	21, Green Lane, Belper, Derbyshire DE56 1BY	£1,516	122	3	Semi-Detached House
£157K	09/21	1.25 mi	39, Chapel Street, Belper, Derbyshire DE56 1AR	£1,707	92	3	Terraced House
£325K	05/21	1.25 mi	10, Chesterfield Road, Belper, Derbyshire DE56 1FD	£3,533	92	3	Semi-Detached House
£350K	03/21	1.25 mi	15, Chesterfield Road, Belper, Derbyshire DE56 1FD	£3,804	92	3	Detached House
£193K	12/20	1.26 mi	119, Marsh Lane, Belper, Derbyshire DE56 1GU	£1,969	98	3	Semi-Detached House
£242.5K	12/20	1.27 mi	15, Laund Close, Belper, Derbyshire DE56 1ET	£2,665	91	3	Detached House
£240K	06/21	1.29 mi	16, Laund Close, Belper, Derbyshire DE56 1ET	-	-	3	Detached House
£300K	12/22	1.3 mi	6, Church View, Belper, Derbyshire DE56 1JB	£2,941	102	3	Terraced House
£330K	06/23	1.3 mi	4, Church View, Belper, Derbyshire DE56 1JB	-	-	3	Terraced House
£312K	09/21	1.33 mi	19, Far Laund, Belper, Derbyshire DE56 1FJ	-	-	3	Detached House
£265K	06/23	1.33 mi	55, Far Laund, Belper, Derbyshire DE56 1FJ	£2,704	98	3	Detached House
£237.5K	12/20	1.33 mi	62, Far Laund, Belper, Derbyshire DE56 1FJ	£2,699	88	3	Semi-Detached House
£258K	12/20	1.34 mi	16, Monyash Way, Belper, Derbyshire DE56 1FW	£3,008	86	3	Semi-Detached House
£255K	08/21	1.34 mi	20, Monyash Way, Belper, Derbyshire DE56 1FW	£3,228	79	3	Detached House
£222K	02/21	1.34 mi	41, Monyash Way, Belper, Derbyshire DE56 1FW	£2,810	79	3	Detached House
£277K	06/23	1.34 mi	11a, Monyash Way, Belper, Derbyshire DE56 1FW	-	-	3	Detached House
£270K	12/22	1.35 mi	18, Cherry Tree Avenue, Belper, Derbyshire DE56 1FR	£3,214	84	3	Detached House
£310K	12/20	1.35 mi	13, Laund Nook, Belper, Derbyshire DE56 1GY	£2,672	116	3	Terraced House

Local Rents

50 rents from £450/mo to £1.2K/mo, average is £775/mo.

Rent	Date	Distance	Address	Beds	Type
£515	03/25	0.97 mi	-	1	Flat
£530	02/25	0.97 mi	-	1	Flat
£690	03/25	1 mi	-	1	Terraced House
£650	12/24	1.12 mi	63-67 Bridge Street, Belper, Derbyshire	1	Flat
£675	12/24	1.12 mi	63-67a Bridge Street, Belper, Derbyshire	1	Flat
£775	12/24	1.15 mi	-	2	Flat
£795	02/25	1.15 mi	-	2	Flat
£775	12/24	1.15 mi	Bridge Street, Belper, DE56	2	Flat
£775	12/24	1.15 mi	-	2	House
£795	04/25	1.15 mi	-	2	Flat
£700	12/24	1.17 mi	St. Laurence Gardens, BELPER	1	Flat
£775	12/24	1.2 mi	The Woodlands, The Orchard, Belper, Derbyshire, DE56 1DF	2	Flat
£1,000	12/24	1.21 mi	Green Lane, Belper, Derbyshire, DE56	3	Detached House
£900	12/24	1.22 mi	Chesterfield Road, Belper, Derbyshire, DE56	3	Detached House
£950	12/24	1.22 mi	Green Lane, Belper, Derby	3	Detached House
£650	12/24	1.25 mi	King Street, BELPER	2	Flat
£595	12/24	1.27 mi	Strutt Street, Belper	2	Flat
£875	03/25	1.3 mi	-	2	Flat
£875	03/25	1.3 mi	-	2	Flat
£895	12/24	1.31 mi	Windmill Lane, Belper	3	Detached House
£450	02/24	1.32 mi	-	1	Flat
£1,100	02/25	1.33 mi	-	2	Flat
£775	12/24	1.33 mi	Jaeger Close, BELPER	2	Flat
£850	12/24	1.37 mi	Queen Street, Belper	3	Flat
£625	01/25	1.38 mi	-	1	Flat
£800	12/24	1.44 mi	Far Laund, Belper	3	Detached House
£760	09/23	1.46 mi	-	3	Flat
£900	12/24	1.51 mi	Marsh Lane, Belper, Derbyshire, DE56	3	Detached House
£595	02/25	1.55 mi	-	1	Flat
£795	11/24	1.55 mi	-	2	Semi-Detached House
£1,025	02/25	1.58 mi	-	2	Semi-Detached House
£750	12/24	1.64 mi	-	2	Flat
£825	12/24	1.64 mi	Edensor Drive, BELPER	2	Flat
£595	12/24	1.66 mi	Jubilee Court, Belper	1	Flat
£695	12/24	1.67 mi	Edensor Drive, Belper, Derbyshire, DE56	2	Flat
£1,200	12/24	1.68 mi	Norbury Way, Belper, Derbyshire, DE56	4	Detached House
£900	12/24	1.68 mi	Alder Road, BELPER	3	Flat
£1,100	12/24	1.7 mi	Holbrook Road, Belper	2	Flat
£675	04/25	1.82 mi	-	2	Terraced House
£795	12/24	1.82 mi	Bargate Road, Belper	2	Terraced House
£650	12/24	1.86 mi	Derby Road, Belper, Derbyshire	2	Detached House
£895	12/24	1.88 mi	Sycamore Croft, Belper	3	Detached House
£1,200	01/25	1.89 mi	-	3	Terraced House
£1,200	12/24	1.9 mi	Clan Drive, Belper, Derby, DE56 1RB	3	Flat
£1,150	12/24	1.92 mi	Thornhill Avenue, Belper	4	Detached House
£595	04/25	2.09 mi	-	1	Terraced House
£675	12/24	2.13 mi	Pytchley Close, Belper, Derbyshire, DE56	1	Terraced House
£700	02/24	2.13 mi	-	1	Terraced House
£750	02/25	2.15 mi	-	2	Terraced House
£585	12/24	2.16 mi	Whilton Court, Belper	1	Flat

Local Area Statistics

Population in DE56	39,81239,812
Town centre distance	1.23 miles away1.23 miles away
Nearest school	0.90 miles away0.90 miles away
Nearest train station	1.13 miles away1.13 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-13%-13%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+28%+28%

Property History

Listed for £495,000

March 12, 2025

Floor Plans

Description

Character Cottage +
Charm & Original features Throughout +
3 Bedrooms +
Beautiful Landscaped Gardens +
Rural Location +
In need of modernisation +
Large Driveway & Double Garage +
Outbuildings +
Viewing Absolutely Essential +
COUNCIL TAX BAND C +

Derbyshire Properties are delighted to introduced for sale this charming stone cottage located on a sizable plot surrounded by stunning countryside. The location of Dalley Lane is considered Belper’s premium address. The property has been owned by the same family for numerous years and does require some degree of modernisation. The property briefly comprises of:- Farmhouse kitchen, inner hallway, WC and spacious lounge. To the first floor a landing provides access to 2 double bedrooms, en-suite and bathroom. The second floor offers a further double bedroom. Outside the property is surrounded by stunning Derbyshire countryside and has a large garden with double garage and outbuildings. Viewings are essential to appreciate the accommodation and location.

Agent Details

Derbyshire Properties, Belper

01773 302133

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.

3 Bed House, Refurb/BRRR, Belper, DE56 2TR

£250,000

1 views • 3 months ago • 93 m²

3 Bed House, Refurb/BRRR, Belper, DE56 2TH

£575,000

8 months ago • 93 m²