5 Bed HMO, Derby, DE24 8WJ, £260,000
5 Dickinson Street, Alvaston, Derby - 2 views - a month ago
Under Offer
HMO
ROI: 9%
94 m²





+1 photos
ValuationOvervalued
Sold Prices | £150K - £460K |
Sold Prices/m² | £1.1K/m² - £3.7K/m² |
| |
Square Metres | 94 m² |
Price/m² | £2.8K/m² |
Value Estimate | £173,158 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £65,000 |
Stamp Duty & Legal Fees | £14,700 |
Total Cash In | £79,700 |
| |
Cash Out | |
Room Rate | £500 |
Gross Rent | £2,500 |
Running Costs/mo | £1,889 |
Cashflow/mo | £611 |
Cashflow/yr | £7,335 |
ROI | 9% |
Gross Yield | 12% |
Local Sold Prices
21 sold prices from £150K to £460K, average is £225K. £1.1K/m² to £3.7K/m², average is £1.8K/m².
Local Area Statistics
Population in DE24 | 54,396 |
Population in Derby | 308,324 |
Town centre distance | 1.02 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.72 miles away |
| |
Rental demand | Landlord's market |
Sales demand | Seller's market |
Capital growth (5yrs) | +39% |
Property History
Listed for £260,000
March 20, 2025
Floor Plans

Description
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