2 Bed Bungalow, Single Let, Derby, DE23 6EE, £87,000

87 Bretton Avenue, Littleover, Derby DE23 6EE - 19 days ago

Auction
BTL
ROI: 14%
60 m²
+4 photos

ValuationUndervalued

Sold Prices£70K - £300K
Sold Prices/m²£1.2K/m² - £6.6K/m²

 

 

Square Metres

60 m²
Price/m²£1.4K/m²

Value Estimate

£108,750
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£21,750

Stamp Duty & Legal Fees

£5,550

Total Cash In

£27,300

 

 

Cash Out

 

Rent Range

£695 - £1,150

Rent Estimate

£750

Running Costs/mo

£442

Cashflow/mo

£308

Cashflow/yr

£3,698

ROI

14%

Gross Yield

10%

Local Sold Prices

50 sold prices from £70K to £300K, average is £145.8K. £1.2K/m² to £6.6K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£146.5K09/210.06 mi69, Bretton Avenue, Littleover, Derby, City Of Derby DE23 6EE2
£180K06/230.13 mi3, Middleton Avenue, Littleover, Derby, City Of Derby DE23 6DN2
£200K01/230.14 mi10, Wade Avenue, Littleover, Derby, City Of Derby DE23 6BG2
£180K07/230.14 mi23, North Street, Littleover, Derby, City Of Derby DE23 6BJ2
£157K04/210.28 mi31, Thornhill Road, Littleover, Derby, City Of Derby DE23 6FZ2
£205K04/210.34 mi18, Springfield, Littleover, Derby, City Of Derby DE23 6EZ2
£140K06/210.35 mi30, St Wystans Road, Derby, City Of Derby DE22 3JZ2
£162.5K02/210.35 mi25, St Wystans Road, Derby, City Of Derby DE22 3JZ2
£190K05/230.41 mi147, St Albans Road, Derby, City Of Derby DE22 3JN2
£167K04/230.41 mi121, St Albans Road, Derby, City Of Derby DE22 3JN2
£180K06/210.44 mi6, Beechwood Crescent, Littleover, Derby, City Of Derby DE23 6GU2
£148K03/210.45 mi106, St Albans Road, Derby, City Of Derby DE22 3JP2
£255K10/200.48 mi35, Hillsway, Littleover, Derby, City Of Derby DE23 3DS2
£155K11/200.49 mi60, Brayfield Road, Littleover, Derby, City Of Derby DE23 6GT2
£212K05/210.5 mi15, Littleover Crescent, Derby, City Of Derby DE23 6HT2
£70K12/200.53 mi4, Bemrose Mews, Derby, City Of Derby DE22 3HG2
£300K07/210.54 mi42, Carlton Road, Derby, City Of Derby DE23 6HA2
£175K12/220.55 mi28, Brayfield Road, Littleover, Derby, City Of Derby DE23 6LD2
£245K04/230.55 mi96, Hillsway, Littleover, Derby, City Of Derby DE23 3DX2
£243K12/200.57 mi5, Brayfield Avenue, Littleover, Derby, City Of Derby DE23 6LE2
£124K11/210.6 mi54, Westbury Street, Derby, City Of Derby DE22 3PN2
£121K11/200.6 mi70b, Westbury Street, Derby, City Of Derby DE22 3PN2
£118K10/200.61 mi60, Bedford Street, Derby, City Of Derby DE22 3PD2
£175K12/200.62 mi23, Rowsley Avenue, Derby, City Of Derby DE23 6JZ2
£101K04/210.62 mi55, Leicester Street, Derby, City Of Derby DE22 3PW2
£140K01/230.63 mi26, Leicester Street, Derby, City Of Derby DE22 3PX2
£205K04/230.66 mi6, Taverners Crescent, Littleover, Derby, City Of Derby DE23 6XT2
£165K10/200.66 mi4, Cotswold Close, Littleover, Derby, City Of Derby DE23 1FE2
£115K10/210.67 mi67, Dean Street, Derby, City Of Derby DE22 3PU2
£208K11/220.67 mi11, Carlisle Avenue, Littleover, Derby, City Of Derby DE23 3ET2
£120K12/200.67 mi40, Dean Street, Derby, City Of Derby DE22 3PS2
£114.3K07/230.67 mi44, Dean Street, Derby, City Of Derby DE22 3PS2
£117.5K08/210.68 mi22, Crosby Street, Derby, City Of Derby DE22 3NY2
£120.5K05/230.68 mi21, Raven Street, Derby, City Of Derby DE22 3WA2
£96.1K01/230.68 mi23, Dean Street, Derby, City Of Derby DE22 3PS2
£107.5K04/210.68 mi11, Dean Street, Derby, City Of Derby DE22 3PR2
£123.5K05/210.69 mi4, Cricketers Court, Littleover, Derby, City Of Derby DE23 6XG2
£157.3K02/230.69 mi7, Bedford Street, Derby, City Of Derby DE22 3PB2
£75K03/210.69 mi32, Bedford Street, Derby, City Of Derby DE22 3PB2
£145K03/230.69 mi10, Bedford Street, Derby, City Of Derby DE22 3PB2
£122K11/210.71 mi94, Moss Street, Derby, City Of Derby DE22 3WE2
£91K03/210.71 mi84, Moss Street, Derby, City Of Derby DE22 3WE2
£204K02/210.72 mi38, Willson Avenue, Littleover, Derby, City Of Derby DE23 1DA2
£150K02/210.72 mi90, Willson Avenue, Littleover, Derby, City Of Derby DE23 1DA2
£85K11/200.73 mi41, Hoult Street, Derby, City Of Derby DE22 3NQ2
£118K05/210.73 mi53, Hoult Street, Derby, City Of Derby DE22 3NQ2
£110.5K11/200.75 mi61, Upper Boundary Road, Derby, City Of Derby DE22 3NU2
£135K07/210.75 mi42, Camden Street, Derby, City Of Derby DE22 3NR2
£111K07/210.75 mi31, Camden Street, Derby, City Of Derby DE22 3NR2
£134K11/200.81 mi98a, St Chads Road, Derby, City Of Derby DE23 6RP2

Local Rents

35 rents from £695/mo to £1.1K/mo, average is £895/mo.

RentDateDistanceAddressBeds 
£80003/240.13 miWade Avenue, Littleover2
£82503/240.16 miWade Street, Littleover, Derby2
£89503/240.17 miThe Brambles, Heath Avenue, Littleover, Derby2
£80012/240.17 miThe Brambles, Derby, DE23 6DJ2
£75003/250.23 mi-2
£88604/240.24 miLittleover House, Derby - Fully Furnished 2
£89504/240.24 miBurton Road, Derby,2
£89504/240.24 miBurton Road, Derby,2
£85012/240.25 miNamur Close2
£75012/240.25 miSt. Albans Road, Derby2
£85003/240.25 mi-2
£85001/250.26 mi-2
£89503/240.26 miPriory Heights Court, Derby, Derbyshire, DE23 6AX2
£75002/240.3 mi-2
£69502/240.31 mi-2
£1,14901/250.39 mi-2
£1,05001/250.39 mi-2
£1,15003/240.39 miElm House, Old Hall Avenue, Littleover, Derby2
£1,10012/240.42 mi-2
£99512/240.46 miPrince George Drive, Derby2
£89512/240.5 miUttoxeter New Road, DERBY2
£89512/240.5 miManor Park Court, Derby2
£89512/240.5 miUttoxeter New Road, DERBY2
£89512/240.5 miUttoxeter New Road, DERBY2
£1,05012/240.51 miSpey Drive, Derby DE22 3XW2
£83503/240.51 mi7 Pineview Gardens, Littleover, Derby2
£89512/240.52 miUttoxeter New Road, DERBY2
£77503/240.52 mi100 Whitaker Road, Derby, DE232
£1,15011/240.55 mi-2
£89512/240.56 miGreat Willow Court, Derby, Derbyshire, DE222
£95012/240.57 mi-2
£95012/240.57 mi-2
£80012/240.59 mi-2
£89512/240.61 mi-2
£90004/250.61 mi-2

Local Area Statistics

Population in DE23

59,979

Population in Derby

308,324

Town centre distance

1.42 miles away

Nearest school

0.30 miles away

Nearest train station

1.58 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £87,000

March 17, 2025

Description

  • Auction: 24.04.2025 09:00 +
  • Council Tax Band: A +
  • Two double bedroomed detached bungalow (non-standard construction) +
  • Scheme of improvement and upgrading required +
  • Modern fitted kitchen with built-in appliances +
  • UPVC double glazed and gas centrally heated living accommodation +
  • Well placed for Littleover village centre and Royal Derby Hospital +
  • Offered for sale with immediate vacant possession +
  • Short commute to Derby city centre and the A38 +
  • EPC Rating: C +

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. *Excellent freehold residential investment opportunity*

Situated within easy reach of the Royal Derby Hospital and Littleover village centre, is a non-standard construction, two double bedroomed, double fronted detached bungalow, offered for sale with immediate vacant possession.

Requiring a scheme of improvement and upgrading, the uPVC double glazed and gas centrally heated living accommodation in brief comprises of entrance hall, lounge, modern fitted kitchen with built-in-appliances, two genuine double bedrooms and bathroom with separate wc.

The property is set nicely back from off the road with a slabbed sun terrace overlooking a small green with specimen trees. To the rear there is a generous sized garden with a large block paved patio area, lawn and timber panelled fencing.

The property is situated within the context of an established and highly convenient residential location being well placed for Derbys inner road, the city centre and the A38. Entrance Hall 15ft 9 x 4ft 4
Lounge 14ft 10 x 10ft 2
Fitted Kitchen 10ft 1 x 9ft 2
Bedroom One 11ft 8 x 10ft 1
Bedroom Two 13ft 5 into wardrobe x 10ft 1
Bathroom 7ft x 5ft 2
Separate WC 4ft 7 x 2ft 7
Outside The property is set nicely back from off the road with a slabbed sun terrace over looking a small green with specimen trees. To the rear there is a generous sized garden with a large block paved patio area, lawn and timber panelled fencing.
Flood Risk Rivers and Seas - Very low. Surface Water - Very low.
Broadband (estimated speeds) Standard 7 mbps, Superfast 43 mbps and Ultrafast 1000 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.
Draft Sales Details These sales details are awaiting vendor approval. Tenure: Freehold EPC Rating: C 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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