3 Bed Semi-Detached House, Refurb/BRRR, Derby, DE22 1ER, £375,000

340 Duffield Road, Derbyshire, DE22 1ER - a month ago

Refurb/BRRR
~93 m²
+10 photos

ValuationOvervalued

Sold Prices£153.5K - £475K
Sold Prices/m²£2.2K/m² - £5K/m²

 

 

Square Metres

~93 m²
Price/m²£4K/m²

Value Estimate

£297,384

 

 

End Value (After Refurb)

£335,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£26,200

Refurb Costs

£37,600

Bridging Loan Interest

£9,844

Total Cash In

£169,144

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£335,000

Mortgage (After Refinance)

£251,250

Mortgage LTV

75%

Cash Left In

£169,144

Equity

£83,750

Rent Range

£442 - £1,980

Rent Estimate

£1,132

Running Costs/mo

£1,293

Cashflow/mo

£-161

Cashflow/yr

£-1,935

Gross Yield

4%

Local Sold Prices

51 sold prices from £153.5K to £475K, average is £300K. £2.2K/m² to £5K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£460K03/210.06 mi372, Duffield Road, Allestree, Derby, City Of Derby DE22 1ER3
£245K12/200.1 mi3, Lavender Row, Darley Abbey, Derby, City Of Derby DE22 1DF3
£297.5K03/210.1 mi4, Lavender Row, Darley Abbey, Derby, Derbyshire DE22 1DF3
£245K08/210.1 mi12, Plough Gate, Darley Abbey, Derby, City Of Derby DE22 1FH3
£325K11/200.17 mi78, Darley Abbey Drive, Darley Abbey, Derby, Derbyshire DE22 1EF3
£240K04/210.17 mi84, Darley Abbey Drive, Darley Abbey, Derby, City Of Derby DE22 1EF3
£296K03/230.17 mi32, Darley Abbey Drive, Darley Abbey, Derby, City Of Derby DE22 1EF3
£342.5K06/230.17 mi90, Darley Abbey Drive, Darley Abbey, Derby, City Of Derby DE22 1EF3
£435K03/210.18 mi44, Windley Crescent, Darley Abbey, Derby, City Of Derby DE22 1BY3
£279K01/230.19 mi24, Finningley Drive, Allestree, Derby, City Of Derby DE22 2XP3
£246K01/210.19 mi30, Finningley Drive, Allestree, Derby, City Of Derby DE22 2XP3
£245K12/200.22 mi13, Brick Row, Darley Abbey, Derby, City Of Derby DE22 1DQ3
£373.5K06/210.22 mi7, Vicarwood Avenue, Darley Abbey, Derby, City Of Derby DE22 1BX3
£335.1K08/210.24 mi46, Church Lane, Darley Abbey, Derby, City Of Derby DE22 1EY3
£260K02/230.27 mi7, Old Lane, Darley Abbey, Derby, City Of Derby DE22 1DL3
£239.9K02/210.27 mi13, New Road, Darley Abbey, Derby, City Of Derby DE22 1DR3
£310K11/200.28 mi8, Weirfield Road, Darley Abbey, Derby, City Of Derby DE22 1DH3
£232K03/210.29 mi44, Ferrers Way, Derby, City Of Derby DE22 2BA3
£242.5K06/210.29 mi46, Ferrers Way, Derby, City Of Derby DE22 2BA3
£263K07/210.29 mi42, Ferrers Way, Derby, City Of Derby DE22 2BA3
£315K12/220.29 mi59, Ferrers Way, Derby, City Of Derby DE22 2BB3
£300K12/200.31 mi1, Alstonfield Drive, Allestree, Derby, City Of Derby DE22 2XF3
£335K03/230.31 mi11, Alstonfield Drive, Allestree, Derby, City Of Derby DE22 2XF3
£288K03/230.31 mi22, Alstonfield Drive, Allestree, Derby, City Of Derby DE22 2XF3
£425K12/200.31 mi4, Abbeyfields Close, Darley Abbey, Derby, City Of Derby DE22 1JS3
£335K03/230.32 mi5, Chatsworth Crescent, Allestree, Derby, City Of Derby DE22 2AP3
£250K06/230.35 mi124, Highfields Park Drive, Derby, City Of Derby DE22 1JU3
£300K05/230.35 mi13, Pentewan Close, Darley Abbey, Derby, City Of Derby DE22 2BL3
£425K03/210.36 mi14, South Avenue, Darley Abbey, Derby, City Of Derby DE22 1FB3
£153.5K12/200.36 mi8, Church Lane North, Darley Abbey, Derby, City Of Derby DE22 1EU3
£331.7K02/210.37 mi4, Cadgwith Drive, Derby, City Of Derby DE22 2AE3
£265K01/230.38 mi97, Highfields Park Drive, Derby, City Of Derby DE22 1BW3
£327K03/230.38 mi7, Causeway, Darley Abbey, Derby, City Of Derby DE22 2BW3
£380K07/230.41 mi6, Windermere Crescent, Allestree, Derby, City Of Derby DE22 2SE3
£340K05/210.42 mi4, Lanscombe Park Road, Allestree, Derby, City Of Derby DE22 2XL3
£375K11/200.44 mi244, Duffield Road, Derby, City Of Derby DE22 1BL3
£230K04/210.45 mi95, Highfields Park Drive, Derby, City Of Derby DE22 1BW3
£230K04/210.45 mi95, Highfields Park Drive, Derby, City Of Derby DE22 1BW3
£475K11/210.45 mi5, Highfields Park Drive, Derby, City Of Derby DE22 1BW3
£275K11/200.46 mi18, Bank View Road, Derby, City Of Derby DE22 1EJ3
£335K05/210.46 mi30, Bank View Road, Derby, City Of Derby DE22 1EJ3
£440K04/230.46 mi54, Bank View Road, Derby, City Of Derby DE22 1EJ3
£205K07/210.46 mi22, Rannoch Close, Allestree, Derby, City Of Derby DE22 2SJ3
£437.5K09/210.47 mi8, Folly Road, Darley Abbey, Derby, City Of Derby DE22 1ED3
£337K09/210.48 mi10, Devonshire Avenue, Allestree, Derby, City Of Derby DE22 2AT3
£222K10/210.48 mi93, Portreath Drive, Allestree, Derby, City Of Derby DE22 2SA3
£310K08/210.5 mi13, Abbey Hill Road, Allestree, Derby, City Of Derby DE22 2PT3
£228K06/210.53 mi195, Birchover Way, Allestree, Derby, Derbyshire DE22 2RU3
£303K11/220.53 mi112, Carsington Crescent, Allestree, Derby, City Of Derby DE22 2QX3
£300K12/200.53 mi100, Carsington Crescent, Allestree, Derby, City Of Derby DE22 2QX3
£210K11/200.56 mi30, Clifton Road, Allestree, Derby, City Of Derby DE22 2PH3

Local Rents

50 rents from £442/mo to £2K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£87512/240.11 miLavender Row, Darley Abbey, Derby3
£1,19512/240.13 mi3 Bedroom Detached House, Plough Gate, Darley Abbey3
£1,10012/240.22 miThe Crest, Darley Abbey, Derby, Derbyshire3
£1,00012/240.37 miCadgwith Drive, Allestree, Derby3
£1,00012/240.43 miDrum Close, Allestree3
£1,98011/230.54 mi-3
£1,20012/240.58 miPortreath Drive, Allestree, Derby3
£1,10008/240.7 mi-3
£1,40012/240.73 miCrabtree Hill, Allestree DE22 2SR3
£1,35012/240.73 miCrabtree Hill Drive, DE22 2SR3
£1,35012/240.73 miLawn Avenue, Allestree3
£1,25009/240.74 mi-3
£75004/250.74 mi-3
£1,30012/240.75 miSherwin Street, Darley Abbey3
£1,62512/240.75 miLongford Street, Derby, Derbyshire, DE223
£1,30011/230.76 mi-3
£52012/240.78 mi28 Longford Street - Student - 24 -253
£1,30012/240.78 mi-3
£92512/240.8 miCedar Street, Derby3
£99504/240.86 miMansfield Road, Chester Green3
£1,29503/240.86 miBelper Road, Derby3
£44603/240.89 miRedshaw Street, Derby3
£47703/240.89 miLeyland Street, Derby3
£55003/240.9 miCowley Street, Derby3
£90003/240.91 miCowley Street, Derby3
£1,10003/240.92 miRoman Road, DERBY3
£1,10012/240.93 mi-3
£1,70004/240.93 mi-3
£1,10003/240.93 miAuriga Court, Derby3
£99503/240.94 miApartment 9, Five Lamps Belper Road, Derby, Derbyshire3
£1,30005/240.95 miArthur Street, Derby3
£1,30004/240.95 miSt Nicholas Place, Milford Street3
£1,09503/240.97 miSt Pauls Road, Chester Green, DE13
£54203/241 mi3 Bedroom Flat, Duffield Road - Students3
£46805/241 mi3 Bedroom Flat, Duffield Road - Students3
£1,19505/231.03 mi-3
£1,35001/251.03 mi-3
£1,25003/251.03 mi-3
£44203/241.03 mi3-Bed Flat, Brookside, Kedleston Street, Derby3
£1,05008/241.04 mi-3
£1,30012/241.06 mi-3
£1,30002/251.06 mi-3
£89512/241.06 mi-3
£1,30012/231.07 mi-3
£1,35005/241.07 mi-3
£1,40012/241.07 miRobert Adam Road, Derby, DE223
£1,40012/241.07 miRobert Adam Road, Derby, DE223
£1,50003/241.12 mi-3
£97503/241.12 miMundy Street, Derby, Derbyshire, DE1 3PT3
£1,35012/241.13 miCrabtree Hill Drive, Allestree3

Local Area Statistics

Population in DE22

46,001

Population in Derby

308,324

Town centre distance

1.99 miles away

Nearest school

0.10 miles away

Nearest train station

2.09 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+2%

Sales demand

Seller's market

Capital growth (5yrs)

+15%

Property History

Listed for £375,000

March 17, 2025

Floor Plans

Description

Located in Darley Abbey within Ecclesbourne school catchment is this traditional three bedroom semi-detached property requiring a full scheme of modernisation. No Chain.

Directions - Approaching Darley Abbey from Derby on Duffield Road, proceed straight over at the mini-island by the Broadway public house, continue along passing St Benedict’s school on the left, the property will be found on the right, opposite the junction with Slack Lane.

The property occupies a large garden plot with a deep frontage, driveway and garage. The rear garden is particularly long.

The current accommodation comprises, porch, reception hallway, bay windowed lounge, separate dining room, kitchen and conservatory. To the first floor are two double bedrooms, generous third bedroom and bathroom.

Excellent potential for improvement and extension subject to the necessary permission.

Darley Abbey is a highly popular and sought after residential location within the Ecclesbourne secondary school catchment in nearby Duffield. Locally there is a reputable primary and private preparatory school, the beautiful Darley Park and numerous eateries, wine bar and restaurant found within Darley Mills, a world heritage site.

A superb opportunity to acquire an unmodernised family home in this highly sought after location.

Accommodation -

Porch -

Hallway - 3.51m x 2.57m (11'6" x 8'5") -

Lounge - 4.11m into bay x 3.45m (13'6" into bay x 11'4") -

Dining Room - 3.99m x 3.48m (13'1" x 11'5") -

Kitchen - 2.90m x 2.54m (9'6" x 8'4") -

Conservatory - 5.61m x 1.37m (18'5" x 4'6") -

To The First Floor -

Landing -

Bedroom One - 4.29m into bay x 3.45m (14'1" into bay x 11'4") -

Bedroom Two - 3.99m x 3.45m (13'1" x 11'4") -

Bedroom Three - 2.57m x 2.39m (8'5" x 7'10") -

Bathroom - 2.54m x 1.98m (8'4" x 6'6") -

Outside - Extensive gardens in need of attention. `

Garage -

Agent Details

Boxall Brown & Jones, Derby

01332 215408

Next Steps?

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