3 Bed Terraced House, Single Let, Derby, DE23 8TH, £140,000

Chatham Street, Derby, DE23 8TH - 22 days ago

BTL
ROI: 6%
~93 m²
+4 photos

ValuationUndervalued

Sold Prices£60K - £280K
Sold Prices/m²£1K/m² - £3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.5K/m²

Value Estimate

£152,961
BMV9%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£8,200

Total Cash In

£43,200

 

 

Cash Out

 

Rent Range

£765 - £1,150

Rent Estimate

£829

Running Costs/mo

£623

Cashflow/mo

£206

Cashflow/yr

£2,468

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £60K to £280K, average is £132.5K. £1K/m² to £3K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£148K01/210.05 mi48, Village Street, Derby, City Of Derby DE23 8SZ3
£125K04/210.13 mi43, Brunswick Street, Derby, City Of Derby DE23 8TQ3
£107K08/210.15 mi33, Harrington Street, Pear Tree, Derby, City Of Derby DE23 8PE3
£125K11/200.16 mi3, Newdigate Street, Derby, City Of Derby DE23 8UZ3
£98K07/230.16 mi37, Balfour Road, Derby, City Of Derby DE23 8UP3
£112.5K03/210.16 mi103, Balfour Road, Derby, Derbyshire DE23 8UP3
£140K12/200.16 mi8, Hampden Street, Derby, City Of Derby DE23 8UX3
£120K04/230.19 mi84, Sutherland Road, Derby, City Of Derby DE23 8RW3
£215K11/200.19 mi173, Village Street, Derby, City Of Derby DE23 8DF3
£145.3K11/200.21 mi186, Portland Street, Derby, City Of Derby DE23 8PJ3
£225K06/230.22 mi68, Derby Lane, Derby, City Of Derby DE23 8UD3
£126K07/230.22 mi6, Byng Avenue, Derby, City Of Derby DE23 8WF3
£145K10/210.23 mi70, Walbrook Road, Derby, City Of Derby DE23 8RY3
£180K04/230.23 mi104, Walbrook Road, Derby, City Of Derby DE23 8RY3
£60K09/210.25 mi80, Portland Street, Derby, City Of Derby DE23 8QB3
£60K09/210.25 mi80, Portland Street, Derby, City Of Derby DE23 8QB3
£185K03/230.26 mi27, Rawlinson Avenue, Derby, City Of Derby DE23 8WA3
£180K03/230.26 mi28, Rawlinson Avenue, Derby, City Of Derby DE23 8WA3
£170K03/230.26 mi39, Rawlinson Avenue, Derby, City Of Derby DE23 8WA3
£130K12/220.28 mi207, Portland Street, Derby, City Of Derby DE23 8WP3
£165K09/210.29 mi45, Peartree Crescent, Derby, City Of Derby DE23 8RP3
£145K10/210.3 mi171, Balfour Road, Derby, City Of Derby DE23 8UR3
£105K04/210.3 mi121, Balfour Road, Derby, City Of Derby DE23 8UR3
£107K11/200.3 mi175, Upper Dale Road, Derby, City Of Derby DE23 8BS3
£200K11/220.3 mi215, Upper Dale Road, Derby, City Of Derby DE23 8BS3
£110K05/230.3 mi16, Joseph Street, Derby, City Of Derby DE23 8QH3
£115K06/210.31 mi38, Vincent Street, Derby, Derbyshire DE23 8BT3
£92K03/210.31 mi29, Vincent Street, Derby, City Of Derby DE23 8BT3
£130K03/230.32 mi168, Upper Dale Road, Derby, City Of Derby DE23 8BQ3
£150K02/230.32 mi176, Upper Dale Road, Derby, City Of Derby DE23 8BQ3
£135K10/200.33 mi182, Almond Street, Derby, City Of Derby DE23 6LY3
£118K01/210.33 mi150, Almond Street, Derby, City Of Derby DE23 6LY3
£83.5K05/210.33 mi21, Netherclose Street, Derby, City Of Derby DE23 8QG3
£165K02/210.33 mi140, Balfour Road, Derby, City Of Derby DE23 8UQ3
£150K03/210.33 mi9, Kitchener Avenue, Derby, City Of Derby DE23 8WH3
£105K01/210.33 mi16, Kitchener Avenue, Derby, City Of Derby DE23 8WH3
£95K10/200.35 mi40, St Thomas Road, Derby, City Of Derby DE23 8SU3
£231.5K12/220.35 mi7, Ingleby Avenue, Derby, City Of Derby DE23 8DL3
£280K02/230.35 mi390, Stenson Road, Derby, City Of Derby DE23 1HD3
£88K10/200.36 mi30, Lewis Street, Derby, City Of Derby DE23 8BX3
£192.5K04/210.38 mi69, Lewis Street, Derby, City Of Derby DE23 8BY3
£210K06/230.38 mi80, Lewis Street, Derby, City Of Derby DE23 8BY3
£110K04/230.38 mi64, Lewis Street, Derby, City Of Derby DE23 8BY3
£129K04/230.41 mi26, Pear Tree Street, Derby, City Of Derby DE23 8PP3
£185K09/210.42 mi7, Grange Avenue, Derby, City Of Derby DE23 8DH3
£205K10/200.42 mi45, Grange Avenue, Derby, City Of Derby DE23 8DH3
£188.5K12/200.42 mi43, Grange Avenue, Derby, City Of Derby DE23 8DH3
£111.5K03/210.43 mi34, Scott Street, Derby, City Of Derby DE23 8QT3
£100K05/210.43 mi93, Stanton Street, Derby, City Of Derby DE23 6NF3
£165K11/200.44 mi27, Boswell Square, Derby, City Of Derby DE23 8AW3

Local Rents

20 rents from £765/mo to £1.1K/mo, average is £915/mo.

RentDateDistanceAddressBeds 
£76512/230.07 mi-3
£95004/240.16 miBethulie Road, DERBY3
£85003/240.16 miBalfour Road 3
£1,10003/250.27 mi-3
£1,00004/240.29 miAshopton Avenue, DERBY3
£1,15003/250.39 mi-3
£85003/240.4 miST. James Road, Derby3
£90012/240.47 mi-3
£99503/250.48 mi-3
£85004/240.48 mi-3
£85004/240.48 miBlackmore Street, Derby, DE233
£85004/240.48 miBlackmore Street, Derby, DE233
£93003/240.5 miShaftesbury Crescent, Derby DE23 8NA3
£93003/240.5 miShaftesbury Crescent, Derby DE23 8NA3
£1,05001/250.51 mi-3
£1,10003/240.52 miNew Chestnut Place, Derby3
£85004/240.52 miReeves Road, Normanton3
£90004/250.54 mi-3
£99503/240.58 miPorter Road, DERBY3
£89512/240.58 mi-3

Local Area Statistics

Population in DE23

59,979

Population in Derby

308,324

Town centre distance

1.09 miles away

Nearest school

0.20 miles away

Nearest train station

0.32 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £140,000

March 14, 2025

Floor Plans

Description

  • Three Reception Rooms +
  • Two Reception Rooms +
  • Family Bathroom 1st Floor +
  • Ground WC +
  • Enclosed Rear Garden +
  • No Upward Chain +

Offered for sale with no upward chain, this well-presented three-bedroom terraced home is ideal for first-time buyers, investors, or those looking to downsize. Situated in a convenient location, the property provides spacious living accommodation and easy access to local amenities, schools, and transport links.

Upon entering, you are welcomed into a bright and airy living room, leading through to a generous dining room, perfect for entertaining or family gatherings. The fitted kitchen offers ample storage and workspace, with access to the ground floor WC for added convenience.

To the first floor, there are three well-proportioned bedrooms, offering flexibility for family living, a home office, or guest accommodation. The family bathroom is fitted with a three-piece suite, providing a comfortable space for relaxation.

Externally, the property benefits from a low-maintenance rear yard, offering a private outdoor space to enjoy.

With no upward chain, this property is ready for its next owners to move in and make it their own. Early viewing is highly recommended!

Agent Details

haart, Derby

01332 215411

Next Steps?

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