4 Bed Detached House, Refurb/BRRR, Belper, DE56 1HN, £280,000

Lowlands Road, Belper, DE56 1HN - 2 views - a month ago

Sold STC
Refurb/BRRR
Planning
~104 m²
+20 photos

ValuationOvervalued

Sold Prices£129.5K - £550K
Sold Prices/m²£1.4K/m² - £4.2K/m²

 

 

Square Metres

~103.63 m²
Price/m²£2.7K/m²

Value Estimate

£260,950

 

 

End Value (After Refurb)

£325,520

Uplift in Value

+16%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£70,000

Stamp Duty & Legal Fees

£19,200

Refurb Costs

£42,062

Bridging Loan Interest

£7,350

Total Cash In

£140,362

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£325,520

Mortgage (After Refinance)

£244,140

Mortgage LTV

75%

Cash Released

£34,140

Cash Left In

£106,222

Equity

£81,380

Rent Range

£760 - £1,500

Rent Estimate

£1,050

Running Costs/mo

£1,247

Cashflow/mo

£-197

Cashflow/yr

£-2,367

Gross Yield

5%

Local Sold Prices

50 sold prices from £129.5K to £550K, average is £332.5K. £1.4K/m² to £4.2K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£359.9K12/210.16 mi29, Bobbin Way, Belper, Derbyshire DE56 0GX4
£340K07/210.17 mi26, Ladywood Avenue, Belper, Derbyshire DE56 1HS4
£353K06/230.23 mi23, Gregorys Way, Belper, Derbyshire DE56 0HS4
£390K03/210.23 mi5, Gregorys Way, Belper, Derbyshire DE56 0HS4
£305K05/210.23 mi32, Gregorys Way, Belper, Derbyshire DE56 0HS4
£295K06/230.24 mi4, Litton Close, Belper, Derbyshire DE56 1EW4
£355K12/220.24 mi17, Gregorys Way, Belper, Derbyshire DE56 0HS4
£400K04/230.26 mi8, Merlin Close, Belper, Derbyshire DE56 0QL4
£129.5K01/210.26 mi79, Wheeldon Avenue, Belper, Derbyshire DE56 1GX4
£550K02/230.29 mi14a, Laund Nook, Belper, Derbyshire DE56 1GY4
£321.5K12/200.3 mi24, Spencer Road, Belper, Derbyshire DE56 1JY4
£315K12/210.32 mi33, Stanton Avenue, Belper, Derbyshire DE56 1EE4
£345K12/200.32 mi15, Stanton Avenue, Belper, Derbyshire DE56 1EE4
£335K12/220.34 mi1, Kingswood Avenue, Belper, Derbyshire DE56 1TU4
£330K08/210.37 mi36, Arkwright Avenue, Belper, Derbyshire DE56 0HY4
£310K01/210.37 mi5, Pilsley Close, Belper, Derbyshire DE56 1TD4
£312K05/210.37 mi5, Pilsley Close, Belper, Derbyshire DE56 1TD4
£320K01/210.38 mi16, Orton Way, Belper, Derbyshire DE56 1UB4
£365K01/230.4 mi23, Arkwright Avenue, Belper, Derbyshire DE56 0HY4
£335.9K09/210.41 mi10, Springwood Gardens, Belper, Derbyshire DE56 1JR4
£370K08/210.42 mi75, Edensor Drive, Belper, Derbyshire DE56 1TL4
£390K09/210.42 mi2, Davenport Drive, Belper, Derbyshire DE56 0AD4
£310K07/210.45 mi4, Laund Close, Belper, Derbyshire DE56 1ET4
£355K05/230.45 mi7, Beeley Close, Belper, Derbyshire DE56 1TY4
£235K09/210.45 mi25, Coronation Avenue, Belper, Derbyshire DE56 1ER4
£248K04/210.45 mi4, Calver Close, Belper, Derbyshire DE56 1TS4
£358.5K12/220.46 mi22, Beeley Close, Belper, Derbyshire DE56 1TY4
£525K05/230.49 mi29, Mill Lane, Belper, Derbyshire DE56 1LG4
£300K02/230.5 mi28, Parkside, Belper, Derbyshire DE56 1HY4
£307K03/210.52 mi33, Sherbourne Drive, Belper, Derbyshire DE56 0FD4
£337.5K12/200.52 mi41, Sherbourne Drive, Belper, Derbyshire DE56 0FD4
£409K06/210.52 mi14, Sherbourne Drive, Belper, Derbyshire DE56 0FD4
£186.5K11/200.55 mi60, Acorn Drive, Belper, Derbyshire DE56 1EL4
£289.9K05/210.56 mi5, Primary Close, Belper, Derbyshire DE56 1FU4
£325K06/210.57 mi234, John O'gaunts Way, Belper, Derbyshire DE56 0DF4
£287.5K06/210.6 mi11, Ashton Way, Belper, Derbyshire DE56 0EX4
£355K06/230.61 mi30, Jodrell Avenue, Belper, Derbyshire DE56 0DY4
£352K01/230.62 mi5, Milldale Court, Belper, Derbyshire DE56 1RP4
£322K12/200.63 mi15, Ashop Road, Belper, Derbyshire DE56 0DP4
£242K02/210.64 mi67, Yardley Way, Belper, Derbyshire DE56 0ES4
£290K02/210.68 mi7, Barley Croft, Belper, Derbyshire DE56 1RR4
£335K05/210.69 mi19, St Laurence Gardens, Belper, Derbyshire DE56 1HH4
£300K12/200.7 mi18, St Laurence Gardens, Belper, Derbyshire DE56 1HH4
£435K04/230.72 mi21, Albert Street, Belper, Derbyshire DE56 1DA4
£397.5K12/220.72 mi4, Scott Drive, Belper, Derbyshire DE56 0JG4
£290K05/210.73 mi72, Over Lane, Belper, Derbyshire DE56 0HW4
£380K02/210.73 mi20, Over Lane, Belper, Derbyshire DE56 0HW4
£382.5K02/230.74 mi4, Cook Close, Belper, Derbyshire DE56 0JJ4
£295K12/200.74 mi2, Cook Close, Belper, Derbyshire DE56 0JJ4
£307K02/210.77 mi2, Cabot Close, Belper, Derbyshire DE56 0JQ4

Local Rents

19 rents from £760/mo to £1.5K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£90012/240.17 miMarsh Lane, Belper, Derbyshire, DE563
£76009/230.22 mi-3
£89512/240.35 miWindmill Lane, Belper3
£1,20012/240.48 miNorbury Way, Belper, Derbyshire, DE564
£80012/240.51 miFar Laund, Belper3
£90012/240.55 miChesterfield Road, Belper, Derbyshire, DE563
£90012/240.62 miAlder Road, BELPER3
£95012/240.65 miGreen Lane, Belper, Derby3
£1,00012/240.66 miGreen Lane, Belper, Derbyshire, DE563
£1,00012/240.68 miBrafield Close, Belper3
£85012/240.72 miQueen Street, Belper3
£95012/240.74 miCook Close, Belper3
£89512/240.74 miSycamore Croft, Belper3
£1,15012/240.78 miThornhill Avenue, Belper4
£1,20001/251.19 mi-3
£1,20012/241.2 miClan Drive, Belper, Derby, DE56 1RB3
£1,45012/241.22 mi-3
£1,50002/251.22 mi-3
£1,45012/241.22 miBlackbird Row, Belper, DE563

Local Area Statistics

Population in DE56

39,812

Town centre distance

0.49 miles away

Nearest school

0.20 miles away

Nearest train station

0.77 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-13%

Sales demand

Balanced market

Capital growth (5yrs)

+28%

Property History

Listed for £280,000

March 17, 2025

Floor Plans

Description

  • Detached Family Home +
  • 4 Bedrooms +
  • 2 Reception Rooms + Conservatory +
  • Drive & Garage +
  • South Facing Rear garden +
  • In Need Of Some Refurbishment +
  • Highly Regarded Area +
  • Ideal Family Purchase +
  • Viewing Essential +
  • COUNCIL TAX BAND C +

Derbyshire Properties are pleased to present this spacious 1960s extended detached family home located in highly regarded area. The property is positioned on a sizable south facing plot and offers spacious living accommodation throughout. Requiring some degree of modernisation and offering the potential for further extensions (subject to planning permission). Briefly comprising of :- entrance porch, entrance hall, shower room, living room, dining room, conservatory, and kitchen. The first floor landing provides access to 4 bedrooms and bathroom. Externally the property offers gardens to the front and rear elevations with driveway providing parking for 2 to 3 vehicles and detached garage. We believe interest is going to be high and an internal inspection should be undertaken immediately.

Agent Details

Derbyshire Properties, Belper

01773 302133

Next Steps?

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