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





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£108,750 |
BMV | 25% |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £21,750£21,750 |
Stamp Duty & Legal Fees | £5,550£5,550 |
Total Cash In | £27,300£27,300 |
| |
Cash Out | |
Rent Range | £695 - £1,150£695 - £1,150 |
Rent Estimate | £750 |
Running Costs/mo | £442£442 |
Cashflow/mo | £308£308 |
Cashflow/yr | £3,698£3,698 |
ROI | 14%14% |
Gross Yield | 10%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.
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£146.5K | 09/21 | 0.06 mi | 69, Bretton Avenue, Littleover, Derby, City Of Derby DE23 6EE | £2,442 | 60 | 2 | Detached House | |
£180K | 06/23 | 0.13 mi | 3, Middleton Avenue, Littleover, Derby, City Of Derby DE23 6DN | £2,339 | 77 | 2 | Semi-Detached House | |
£200K | 01/23 | 0.14 mi | 10, Wade Avenue, Littleover, Derby, City Of Derby DE23 6BG | £2,778 | 72 | 2 | Terraced House | |
£180K | 07/23 | 0.14 mi | 23, North Street, Littleover, Derby, City Of Derby DE23 6BJ | - | - | 2 | Terraced House | |
£157K | 04/21 | 0.28 mi | 31, Thornhill Road, Littleover, Derby, City Of Derby DE23 6FZ | £1,869 | 84 | 2 | Semi-Detached House | |
£205K | 04/21 | 0.34 mi | 18, Springfield, Littleover, Derby, City Of Derby DE23 6EZ | - | - | 2 | Semi-Detached House | |
£140K | 06/21 | 0.35 mi | 30, St Wystans Road, Derby, City Of Derby DE22 3JZ | - | - | 2 | Semi-Detached House | |
£162.5K | 02/21 | 0.35 mi | 25, St Wystans Road, Derby, City Of Derby DE22 3JZ | £2,902 | 56 | 2 | Semi-Detached House | |
£190K | 05/23 | 0.41 mi | 147, St Albans Road, Derby, City Of Derby DE22 3JN | - | - | 2 | Semi-Detached House | |
£167K | 04/23 | 0.41 mi | 121, St Albans Road, Derby, City Of Derby DE22 3JN | £2,738 | 61 | 2 | Semi-Detached House | |
£180K | 06/21 | 0.44 mi | 6, Beechwood Crescent, Littleover, Derby, City Of Derby DE23 6GU | - | - | 2 | Detached House | |
£148K | 03/21 | 0.45 mi | 106, St Albans Road, Derby, City Of Derby DE22 3JP | £2,085 | 71 | 2 | Semi-Detached House | |
£255K | 10/20 | 0.48 mi | 35, Hillsway, Littleover, Derby, City Of Derby DE23 3DS | £2,500 | 102 | 2 | Semi-Detached House | |
£155K | 11/20 | 0.49 mi | 60, Brayfield Road, Littleover, Derby, City Of Derby DE23 6GT | £1,962 | 79 | 2 | Detached House | |
£212K | 05/21 | 0.5 mi | 15, Littleover Crescent, Derby, City Of Derby DE23 6HT | £2,304 | 92 | 2 | Detached House | |
£70K | 12/20 | 0.53 mi | 4, Bemrose Mews, Derby, City Of Derby DE22 3HG | £1,207 | 58 | 2 | Terraced House | |
£300K | 07/21 | 0.54 mi | 42, Carlton Road, Derby, City Of Derby DE23 6HA | £6,645 | 45 | 2 | Terraced House | |
£175K | 12/22 | 0.55 mi | 28, Brayfield Road, Littleover, Derby, City Of Derby DE23 6LD | - | - | 2 | Detached House | |
£245K | 04/23 | 0.55 mi | 96, Hillsway, Littleover, Derby, City Of Derby DE23 3DX | - | - | 2 | Detached House | |
£243K | 12/20 | 0.57 mi | 5, Brayfield Avenue, Littleover, Derby, City Of Derby DE23 6LE | £3,574 | 68 | 2 | Detached House | |
£124K | 11/21 | 0.6 mi | 54, Westbury Street, Derby, City Of Derby DE22 3PN | £1,494 | 83 | 2 | Terraced House | |
£121K | 11/20 | 0.6 mi | 70b, Westbury Street, Derby, City Of Derby DE22 3PN | £1,967 | 62 | 2 | Semi-Detached House | |
£118K | 10/20 | 0.61 mi | 60, Bedford Street, Derby, City Of Derby DE22 3PD | £1,513 | 78 | 2 | Terraced House | |
£175K | 12/20 | 0.62 mi | 23, Rowsley Avenue, Derby, City Of Derby DE23 6JZ | £2,244 | 78 | 2 | Semi-Detached House | |
£101K | 04/21 | 0.62 mi | 55, Leicester Street, Derby, City Of Derby DE22 3PW | £1,572 | 64 | 2 | Terraced House | |
£140K | 01/23 | 0.63 mi | 26, Leicester Street, Derby, City Of Derby DE22 3PX | £2,273 | 62 | 2 | Terraced House | |
£205K | 04/23 | 0.66 mi | 6, Taverners Crescent, Littleover, Derby, City Of Derby DE23 6XT | £3,495 | 59 | 2 | Detached House | |
£165K | 10/20 | 0.66 mi | 4, Cotswold Close, Littleover, Derby, City Of Derby DE23 1FE | £2,619 | 63 | 2 | Detached House | |
£115K | 10/21 | 0.67 mi | 67, Dean Street, Derby, City Of Derby DE22 3PU | £1,597 | 72 | 2 | Terraced House | |
£208K | 11/22 | 0.67 mi | 11, Carlisle Avenue, Littleover, Derby, City Of Derby DE23 3ET | - | - | 2 | Semi-Detached House | |
£120K | 12/20 | 0.67 mi | 40, Dean Street, Derby, City Of Derby DE22 3PS | £1,709 | 70 | 2 | Terraced House | |
£114.3K | 07/23 | 0.67 mi | 44, Dean Street, Derby, City Of Derby DE22 3PS | £1,632 | 70 | 2 | Terraced House | |
£117.5K | 08/21 | 0.68 mi | 22, Crosby Street, Derby, City Of Derby DE22 3NY | £1,632 | 72 | 2 | Terraced House | |
£120.5K | 05/23 | 0.68 mi | 21, Raven Street, Derby, City Of Derby DE22 3WA | £1,746 | 69 | 2 | Terraced House | |
£96.1K | 01/23 | 0.68 mi | 23, Dean Street, Derby, City Of Derby DE22 3PS | £1,335 | 72 | 2 | Terraced House | |
£107.5K | 04/21 | 0.68 mi | 11, Dean Street, Derby, City Of Derby DE22 3PR | £1,604 | 67 | 2 | Terraced House | |
£123.5K | 05/21 | 0.69 mi | 4, Cricketers Court, Littleover, Derby, City Of Derby DE23 6XG | £2,058 | 60 | 2 | Terraced House | |
£157.3K | 02/23 | 0.69 mi | 7, Bedford Street, Derby, City Of Derby DE22 3PB | £1,873 | 84 | 2 | Terraced House | |
£75K | 03/21 | 0.69 mi | 32, Bedford Street, Derby, City Of Derby DE22 3PB | - | - | 2 | Terraced House | |
£145K | 03/23 | 0.69 mi | 10, Bedford Street, Derby, City Of Derby DE22 3PB | £1,959 | 74 | 2 | Terraced House | |
£122K | 11/21 | 0.71 mi | 94, Moss Street, Derby, City Of Derby DE22 3WE | £1,890 | 65 | 2 | Terraced House | |
£91K | 03/21 | 0.71 mi | 84, Moss Street, Derby, City Of Derby DE22 3WE | £1,151 | 79 | 2 | Terraced House | |
£204K | 02/21 | 0.72 mi | 38, Willson Avenue, Littleover, Derby, City Of Derby DE23 1DA | £2,914 | 70 | 2 | Detached House | |
£150K | 02/21 | 0.72 mi | 90, Willson Avenue, Littleover, Derby, City Of Derby DE23 1DA | - | - | 2 | Terraced House | |
£85K | 11/20 | 0.73 mi | 41, Hoult Street, Derby, City Of Derby DE22 3NQ | £1,328 | 64 | 2 | Terraced House | |
£118K | 05/21 | 0.73 mi | 53, Hoult Street, Derby, City Of Derby DE22 3NQ | £1,639 | 72 | 2 | Terraced House | |
£110.5K | 11/20 | 0.75 mi | 61, Upper Boundary Road, Derby, City Of Derby DE22 3NU | £1,649 | 67 | 2 | Terraced House | |
£135K | 07/21 | 0.75 mi | 42, Camden Street, Derby, City Of Derby DE22 3NR | £1,707 | 79 | 2 | Terraced House | |
£111K | 07/21 | 0.75 mi | 31, Camden Street, Derby, City Of Derby DE22 3NR | £1,442 | 77 | 2 | Terraced House | |
£134K | 11/20 | 0.81 mi | 98a, St Chads Road, Derby, City Of Derby DE23 6RP | £2,197 | 61 | 2 | Detached House |
Local Rents
35 rents from £695/mo to £1.1K/mo, average is £895/mo.
Rent | Date | Distance | Address | Beds | Type | |
£800 | 03/24 | 0.13 mi | Wade Avenue, Littleover | 2 | Detached House | |
£825 | 03/24 | 0.16 mi | Wade Street, Littleover, Derby | 2 | Terraced House | |
£895 | 03/24 | 0.17 mi | The Brambles, Heath Avenue, Littleover, Derby | 2 | Flat | |
£800 | 12/24 | 0.17 mi | The Brambles, Derby, DE23 6DJ | 2 | Flat | |
£750 | 03/25 | 0.23 mi | - | 2 | Flat | |
£886 | 04/24 | 0.24 mi | Littleover House, Derby - Fully Furnished | 2 | Flat | |
£895 | 04/24 | 0.24 mi | Burton Road, Derby, | 2 | Terraced House | |
£895 | 04/24 | 0.24 mi | Burton Road, Derby, | 2 | Terraced House | |
£850 | 12/24 | 0.25 mi | Namur Close | 2 | Flat | |
£750 | 12/24 | 0.25 mi | St. Albans Road, Derby | 2 | Detached House | |
£850 | 03/24 | 0.25 mi | - | 2 | Flat | |
£850 | 01/25 | 0.26 mi | - | 2 | Flat | |
£895 | 03/24 | 0.26 mi | Priory Heights Court, Derby, Derbyshire, DE23 6AX | 2 | Flat | |
£750 | 02/24 | 0.3 mi | - | 2 | Flat | |
£695 | 02/24 | 0.31 mi | - | 2 | Flat | |
£1,149 | 01/25 | 0.39 mi | - | 2 | Flat | |
£1,050 | 01/25 | 0.39 mi | - | 2 | Flat | |
£1,150 | 03/24 | 0.39 mi | Elm House, Old Hall Avenue, Littleover, Derby | 2 | Flat | |
£1,100 | 12/24 | 0.42 mi | - | 2 | Terraced House | |
£995 | 12/24 | 0.46 mi | Prince George Drive, Derby | 2 | Terraced House | |
£895 | 12/24 | 0.5 mi | Uttoxeter New Road, DERBY | 2 | Flat | |
£895 | 12/24 | 0.5 mi | Manor Park Court, Derby | 2 | Flat | |
£895 | 12/24 | 0.5 mi | Uttoxeter New Road, DERBY | 2 | Flat | |
£895 | 12/24 | 0.5 mi | Uttoxeter New Road, DERBY | 2 | Flat | |
£1,050 | 12/24 | 0.51 mi | Spey Drive, Derby DE22 3XW | 2 | Flat | |
£835 | 03/24 | 0.51 mi | 7 Pineview Gardens, Littleover, Derby | 2 | Flat | |
£895 | 12/24 | 0.52 mi | Uttoxeter New Road, DERBY | 2 | Flat | |
£775 | 03/24 | 0.52 mi | 100 Whitaker Road, Derby, DE23 | 2 | Flat | |
£1,150 | 11/24 | 0.55 mi | - | 2 | Semi-Detached House | |
£895 | 12/24 | 0.56 mi | Great Willow Court, Derby, Derbyshire, DE22 | 2 | Flat | |
£950 | 12/24 | 0.57 mi | - | 2 | Flat | |
£950 | 12/24 | 0.57 mi | - | 2 | Flat | |
£800 | 12/24 | 0.59 mi | - | 2 | Terraced House | |
£895 | 12/24 | 0.61 mi | - | 2 | Flat | |
£900 | 04/25 | 0.61 mi | - | 2 | Semi-Detached House |
Local Area Statistics
Population in DE23 | 59,97959,979 |
Population in Derby | 308,324308,324 |
Town centre distance | 1.42 miles away1.42 miles away |
Nearest school | 0.30 miles away0.30 miles away |
Nearest train station | 1.58 miles away1.58 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | -2%-2% |
Sales demand | Seller's marketSeller's market |
Capital growth (5yrs) | +22%+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.
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