3 Bed Semi-Detached House, Planning Permission, Derby, DE73 5SB, £230,000

99 Derby Road, Chellaston, Derby DE73 5SB - 7 days ago

Auction
Planning
ROI: 2%
77 m²
+21 photos

ValuationOvervalued

Sold Prices£155K - £365K
Sold Prices/m²£1.9K/m² - £3.8K/m²

 

 

Square Metres

77 m²
Price/m²£3K/m²

Value Estimate

£192,500

 

 

End Value (After Refurb)

£214,250

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£12,700

Refurb Costs

£30,196

Bridging Loan Interest

£6,038

Total Cash In

£108,184

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£214,250

Mortgage (After Refinance)

£160,688

Mortgage LTV

75%

Cash Left In

£108,184

Equity

£53,563

Rent Range

£895 - £1,250

Rent Estimate

£1,031

Running Costs/mo

£896

Cashflow/mo

£135

Cashflow/yr

£1,623

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £155K to £365K, average is £227.5K. £1.9K/m² to £3.8K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£320K08/230.08 mi83, Derby Road, Chellaston, Derby, City Of Derby DE73 5SB3
£281K02/210.11 mi32, Birchfield Close, Chellaston, Derby, City Of Derby DE73 6SS3
£165K06/210.13 mi90, Derby Road, Chellaston, Derby, City Of Derby DE73 6QA3
£222.5K06/230.13 mi6, Vicarage Road, Chellaston, Derby, City Of Derby DE73 6SD3
£205K08/230.13 mi9, Vicarage Road, Chellaston, Derby, City Of Derby DE73 6SD3
£242.5K06/210.13 mi20, Sinfin Moor Lane, Chellaston, Derby, City Of Derby DE73 5SQ3
£240K02/230.13 mi41, Sinfin Moor Lane, Chellaston, Derby, City Of Derby DE73 5SQ3
£190K05/230.13 mi14, Orchard Way, Chellaston, Derby, City Of Derby DE73 6RE3
£235K12/220.13 mi10, Orchard Way, Chellaston, Derby, City Of Derby DE73 6RE3
£195K03/210.15 mi10, Lincoln Green, Chellaston, Derby, City Of Derby DE73 5QP3
£215K03/210.16 mi7, Diseworth Close, Chellaston, Derby, Derbyshire DE73 6XE3
£213.5K08/210.16 mi12, Springfield Road, Chellaston, Derby, City Of Derby DE73 5SL3
£269.9K02/210.16 mi57, Chelwood Road, Chellaston, Derby, City Of Derby DE73 5SJ3
£225K06/210.16 mi9, Chelwood Road, Chellaston, Derby, City Of Derby DE73 5SJ3
£301K12/220.16 mi4, Chelwood Road, Chellaston, Derby, City Of Derby DE73 5SJ3
£155K03/210.19 mi27, Simcoe Leys, Chellaston, Derby, City Of Derby DE73 6XL3
£230K01/210.21 mi123, Maple Drive, Chellaston, Derby, City Of Derby DE73 6RX3
£225K04/210.21 mi15, Hillsway, Chellaston, Derby, City Of Derby DE73 6RN3
£210K11/200.21 mi11, Astorville Park Road, Chellaston, Derby, City Of Derby DE73 6XW3
£365K11/230.22 mi28, Redmires Drive, Chellaston, Derby, City Of Derby DE73 6XF3
£255K09/220.22 mi7, Astorville Park Road, Chellaston, Derby, City Of Derby DE73 6XW3
£223K06/210.24 mi10, Lee Farm Close, Chellaston, Derby, City Of Derby DE73 5QE3
£221K03/210.25 mi29, Edge Hill, Chellaston, Derby, City Of Derby DE73 6RP3
£280K12/220.25 mi9, West Avenue South, Chellaston, Derby, City Of Derby DE73 5SH3
£250K11/220.25 mi8, Hillcreste Drive, Chellaston, Derby, City Of Derby DE73 6RL3
£210K09/220.27 mi43, Thurstone Furlong, Chellaston, Derby, City Of Derby DE73 5PZ3
£195K07/230.28 mi54, School Lane, Chellaston, Derby, City Of Derby DE73 6TF3
£219K04/230.28 mi19, School Lane, Chellaston, Derby, City Of Derby DE73 6TF3
£285K11/200.28 mi214, Derby Road, Chellaston, Derby, City Of Derby DE73 6RQ3
£272K10/210.29 mi58, West Avenue North, Chellaston, Derby, City Of Derby DE73 5SG3
£285K08/230.29 mi83, West Avenue North, Chellaston, Derby, City Of Derby DE73 5SG3
£259.9K11/220.29 mi5, Linacres Drive, Chellaston, Derby, City Of Derby DE73 6XH3
£322K11/200.29 mi12, Sutton Avenue, Chellaston, Derby, Derbyshire DE73 6RJ3
£203K02/230.32 mi10, Linacres Drive, Chellaston, Derby, City Of Derby DE73 6XH3
£215K10/210.34 mi7, Greenville Croft, Chellaston, Derby, City Of Derby DE73 5LB3
£235K05/210.34 mi72, Sutton Avenue, Chellaston, Derby, City Of Derby DE73 6PH3
£280K06/210.36 mi66, Station Road, Chellaston, Derby, City Of Derby DE73 5SU3
£220K10/230.36 mi34, Station Road, Chellaston, Derby, City Of Derby DE73 5SU3
£320K10/220.37 mi1, South Drive, Chellaston, Derby, City Of Derby DE73 6RT3
£240K09/230.37 mi4, Sandyhill Close, Chellaston, Derby, City Of Derby DE73 6QX3
£252K12/220.39 mi17, Skipness Close, Chellaston, Derby, City Of Derby DE73 5YF3
£215K02/230.39 mi19, Skipness Close, Chellaston, Derby, City Of Derby DE73 5YF3
£183K11/200.39 mi83, High Street, Chellaston, Derby, Derbyshire DE73 6TG3
£225K09/210.39 mi75, High Street, Chellaston, Derby, City Of Derby DE73 6TG3
£225K01/210.39 mi111, High Street, Chellaston, Derby, City Of Derby DE73 6TG3
£232.5K07/230.39 mi111, High Street, Chellaston, Derby, City Of Derby DE73 6TG3
£195K03/210.4 mi29, Chestnut Avenue, Chellaston, Derby, City Of Derby DE73 6RW3
£230K11/200.4 mi18, Slade Lands Drive, Chellaston, Derby, City Of Derby DE73 6QB3
£210K10/200.4 mi6, Thistle Grove, Chellaston, Derby, City Of Derby DE73 5WH3
£290K02/230.41 mi7, Woodminton Drive, Chellaston, Derby, City Of Derby DE73 6RZ3

Local Rents

16 rents from £895/mo to £1.3K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£1,25004/240.21 miAstorville Park Road, Chellaston, DERBY3
£1,25004/240.21 miAstorville Park Road, Chellaston, Derby, Derbyshire, DE73 6XW3
£1,25004/240.24 miAstorville Park Road, Chellaston, Derby, Derbyshire3
£1,25004/240.24 miAstorville Park Road, Chellaston, Derby, Derbyshire3
£95004/240.3 miParkway, Chellaston, Derby3
£95004/240.3 miParkway, Chellaston, Derby3
£90003/240.39 mi-3
£92504/240.41 miGreen Avenue, Chellaston, Derby3
£95004/240.42 miFellow Lands Way, Chellaston, Derby, Derbyshire3
£1,05004/240.48 miAvalon Drive, Chellaston, Derby, Derbyshire3
£95012/240.48 mi-3
£89503/240.49 miTuphall Close, Chellaston, Derby, DE733
£92503/240.49 miKnights Road, Chellaston, Derby3
£89503/240.54 miMarquis Gardens, Chellaston3
£1,10012/240.54 miMarquis Gardens, Chellaston3
£1,15004/240.62 miWoodgate Drive, Chellaston, Derby3

Local Area Statistics

Population in DE73

19,040

Population in Derby

308,324

Town centre distance

3.26 miles away

Nearest school

0.20 miles away

Nearest train station

2.22 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+20%

Sales demand

Seller's market

Capital growth (5yrs)

+24%

Property History

Listed for £230,000

March 14, 2025

Floor Plans

Description

  • Auction: 24.04.2025 09:00 +
  • Council Tax Band: D +
  • Attractive three bedroomed semi-detached family home +
  • Potential for an extension subject to usual planning consents +
  • Driveway, double garage and attached workshop +
  • Large beautifully maintained garden with westerly apsect +
  • Set well back from the road occupying an exceedingly popular location +
  • Offered for sale with immediate vacant possession +
  • Scheme of improvement and upgrading required +
  • EPC Rating: D +

For sale on 24 April 2025
Our national property auction will be broadcast online with live auctioneers. To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction.
The auction will commence at 09:00. Attractive three bedroomed semi-detached family home with double garage and large garden.

The current accommodation includes both UPVC double glazed window and gas central heating briefly comprising, enclosed entrance porch, hallway, front bay windowed dining room, large rear lounge with sliding patio doors, spacious fitted kitchen, rear lobby and WC. To the first floor there are three well proportioned bedrooms all with fitted wardrobes and bathroom.

Externally the property occupies a wide and deep plot also with a spacious frontage with driveway and turning apron and garden. Side double garage and attached workshop. To the rear there is a magnificent large garden beautifully maintained with established borders, large patio with cover, expanse of lawn, summer house, rockeries and useful large potting shed.

There is excellent scope for extension, particularly to the side and rear elevations all of which being subject to gaining satisfactory planning permission.

The property is located close to the village centre where there are a useful range of shopping facilities, nursery, primary and secondary schools. Ease of access can be sought to the city centre, A50 and East Midlands Airport.
Enclosed entrance porch Main UPVC double glazed front door and windows, useful storage space, a second UPVC double glazed door leads into:
Hallway A pleasant area with stairs leading to the first floor and large understairs cupboard beneath, access into both reception room and kitchen.
Dining room 15ft 8 into bay x 11ft 11 (4.78m into bay x 3.63m)
An attractive bay windowed dining room with fireplace and tiled hearth, UPVC double glazed windows and bay seat, picture rail, radiator.
Living room 17ft 8 x 11ft 11 (5.38m x 3.63m)
A spacious reception room with sliding doors to the garden, fitted bookcases and cupboards, brick fireplace with inset electric fire, media connections and radiator
Kitchen 17ft 7 x 8ft 2 (5.36m x 2.49m)
A spacious kitchen with fitted breakfast bar and well fitted with a plentiful range of wall and base units with matching cupboard and drawer fronts, laminate work surfaces and tiled splashback, built in double electric oven and gas hob with extractor fan, space for all appliances, stainless steel sink and drainer, UPVC double glazed window and radiator.
Rear lobby With UPVC double glazed window leading to the covered rear porch, passaged access to front and access into garage.
WC Fitted with a low level WC.
First floor landing Front and side facing UPVC double glazed windows allowing for plenty of natural light into the landing and hallway areas.
Bedroom one 11ft 10 x 11ft 9 (3.61m x 3.58m)
Fitted with a plentiful range of wardrobes, drawers, overbed cabinets and dressing table, UPVC double glazed window to the front elevation and radiator.
Bedroom two 11ft 6 x 9ft 5 (3.51m x 2.87m)
A second spacious bedroom also with fitted wardrobes, drawers and overbed cabinets, UPVC double glazed window, radiator.
Bedroom three 11ft 1 x 7ft 6 (3.38m x 2.29m)
A generous third bedroom also with fitted wardrobes, drawers and dressing table/desk, UPVC double glazed window, radiator.
Bathroom 8ft 5 x 8ft 3 (2.57m x 2.51m)
A spacious bathroom appointed with a bath, space for a separate shower, wash basin and WC, built in cupboards, UPVC double glazed window and radiator.
Outside Externally the property occupies a wide and deep plot also with a spacious frontage with driveway and turning apron and garden. Side double garage and attached workshop. To the rear there is a magnificent large garden beautifully maintained with established borders, large patio with cover, expanse of lawn, summer house, rockeries and useful large potting shed.
Double garage 19ft 3 x 15ft 3 (5.87m x 4.65m)
Having an electric up and over door, power, light and rear window, access into:
Workshop 11ft 10 x 6ft 8 (3.61m x 2.03m)
Tenure: Freehold
Flood Risk Rivers and Seas - Very low. Surface Water - Very low.
Building Construction Solid brick, as built, no insulation (assumed) - Information taken from EPC.
Broadband (estimated speeds) Standard 19 mbps and Ultrafast 1800 mbps show as available in this location
Mobile signal EE, O2, Vodaphone and Three show as available in this location.
Satellite and Cable TV Availability Sky and BT show as available in this location.
Please Note We are informed that there is root damage to the front bay. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
Draft Sales Details These sales details are awaiting vendor approval. Tenure: Freehold EPC Rating: D Terms:
Auction Details:

The sale of this property will take place on the stated date by way of Auction Event and is being sold under and 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 fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of 1.2% of the purchase price (subject to a minimum of £1,500 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

SDL Property Auctions, Nationwide

08000 465454

Next Steps?

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