3 Bed Terraced House, Single Let, Derby, DE22 3ER, £185,000

Howe Street, Derby, Derbyshire, DE22 3ER - 15 days ago

BTL
~93 m²
+12 photos

ValuationOvervalued

Sold Prices£95.5K - £325K
Sold Prices/m²£1.4K/m² - £2.5K/m²

 

 

Square Metres

~93 m²
Price/m²£2K/m²

Value Estimate

£169,642

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£46,250

Stamp Duty & Legal Fees

£10,450

Total Cash In

£56,700

 

 

Cash Out

 

Rent Range

£325 - £2,795

Rent Estimate

£379

Running Costs/mo

£674

Cashflow/mo

£-295

Cashflow/yr

£-3,539

Gross Yield

2%

Local Sold Prices

50 sold prices from £95.5K to £325K, average is £168.5K. £1.4K/m² to £2.5K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£115K10/210.03 mi4, Lloyd Street, Derby, Derbyshire DE22 3ET3
£158K10/210.1 mi59, Slack Lane, Derby, City Of Derby DE22 3FN3
£161K03/210.13 mi27, Campion Street, Derby, City Of Derby DE22 3EH3
£147.5K07/210.14 mi23, Hawke Street, Derby, City Of Derby DE22 3DQ3
£100K03/230.14 mi27, Langley Street, Derby, City Of Derby DE22 3GN3
£116.5K10/200.16 mi27, Radbourne Street, Derby, City Of Derby DE22 3HD3
£150K02/230.2 mi106, Peel Street, Derby, City Of Derby DE22 3GH3
£180K06/210.2 mi6, Heyworth Street, Derby, City Of Derby DE22 3DL3
£150K07/210.21 mi27, Peel Street, Derby, City Of Derby DE22 3GJ3
£150K07/230.22 mi24, Stepping Lane, Derby, City Of Derby DE1 1GJ3
£149K05/210.23 mi67, Cheviot Street, Derby, City Of Derby DE22 3EX3
£132K06/210.23 mi13, Cheviot Street, Derby, City Of Derby DE22 3EX3
£125K06/210.23 mi81, Manchester Street, Derby, City Of Derby DE22 3GD3
£130K03/230.24 mi116, Uttoxeter Old Road, Derby, City Of Derby DE1 1GE3
£222K05/210.25 mi28, Manchester Street, Derby, City Of Derby DE22 3GA3
£172K02/230.25 mi76, Manchester Street, Derby, City Of Derby DE22 3GA3
£175K05/230.26 mi4, Mackenzie Street, Derby, City Of Derby DE22 3DD3
£165K12/220.27 mi8, Lyttelton Street, Derby, City Of Derby DE22 3FD3
£249.9K08/220.27 mi38, Slater Avenue, Derby, City Of Derby DE1 1GT3
£245K07/230.28 mi37, Slater Avenue, Derby, City Of Derby DE1 1GT3
£95.5K02/230.29 mi37, Sims Avenue, Derby, City Of Derby DE1 1GS3
£175K02/230.3 mi64, Ashbourne Road, Derby, City Of Derby DE22 3AF3
£210K07/220.3 mi27, Slater Avenue, Derby, City Of Derby DE1 1GT3
£125K11/200.33 mi14, Wallace Street, Derby, City Of Derby DE22 3FB3
£187K06/230.33 mi18, College Mews, Derby, City Of Derby DE1 1UT3
£206K07/210.33 mi121, Radbourne Street, Derby, City Of Derby DE22 3BW3
£240K04/230.34 mi58, Merchant Street, Derby, City Of Derby DE22 3AQ3
£175K02/230.34 mi44, Cheviot Street, Derby, City Of Derby DE22 3EY3
£190K03/230.36 mi81, Windmill Hill Lane, Derby, City Of Derby DE22 3BN3
£185K06/230.38 mi125, Markeaton Street, Derby, City Of Derby DE1 1DX3
£152.5K02/210.38 mi11, Markeaton Street, Derby, City Of Derby DE1 1DX3
£120K01/230.39 mi33, Lyttelton Street, Derby, City Of Derby DE22 3FE3
£230K12/220.41 mi11, South Street, Derby, City Of Derby DE1 1DS3
£127.5K11/200.41 mi109, Cheviot Street, Derby, City Of Derby DE22 3EZ3
£181K01/230.43 mi13, Raleigh Street, Derby, City Of Derby DE22 3FF3
£325K10/210.45 mi66b, Friar Gate, Derby, City Of Derby DE1 1DJ3
£185K11/200.46 mi52, Larges Street, Derby, Derbyshire DE1 1DN3
£193K03/210.46 mi54, Larges Street, Derby, City Of Derby DE1 1DN3
£210K12/220.46 mi7, Rowditch Avenue, Derby, City Of Derby DE22 3LE3
£210K05/230.46 mi166, Kingsway, Derby, City Of Derby DE22 3FH3
£144K06/210.48 mi25, Crosby Street, Derby, City Of Derby DE22 3NY3
£130K08/210.49 mi5, Freehold Street, Derby, City Of Derby DE22 3QZ3
£128K05/210.54 mi9, Kensal Rise, Derby, City Of Derby DE22 4DA3
£140K01/210.54 mi6, Kensal Rise, Derby, City Of Derby DE22 4DA3
£158.5K02/210.54 mi9, Brentford Drive, Derby, City Of Derby DE22 4BN3
£210K04/230.55 mi11, Hendon Way, Derby, City Of Derby DE22 4BZ3
£185K11/210.58 mi384, Uttoxeter New Road, Derby, City Of Derby DE22 3HX3
£197.8K11/210.58 mi15, Enfield Road, Derby, City Of Derby DE22 4DG3
£275K06/230.58 mi84, Enfield Road, Derby, City Of Derby DE22 4DG3
£139.9K01/210.59 mi16, Leaper Street, Derby, City Of Derby DE1 3NB3

Local Rents

50 rents from £325/mo to £2.8K/mo, average is £913/mo.

RentDateDistanceAddressBeds 
£80012/240.01 miHowe Street, DERBY3
£85012/240.03 miArnold Street3
£85012/240.03 miPeach Street, Derby3
£1,10002/240.03 mi-3
£95012/240.03 mi-3
£90001/250.04 mi-3
£39012/240.04 miStudent Property 24-253
£52012/240.07 miStudent Lettings 2023 - 20243
£43312/240.07 miStables Street3
£89503/240.08 mi-3
£89512/240.08 miSlack Lane, Derby, DE223
£87512/240.1 miStanley Street, Derby, DE22 3GT3
£1,43012/240.1 miCampion Street, Derby, 3
£1,43012/240.1 miCampion Street, Derby, 3
£90003/240.1 mi-3
£1,56012/240.1 miStables Street, Derby, DE223
£1,00012/240.1 miStables Street, Derby, DE223
£92512/240.1 mi-3
£2,79512/240.11 mi-3
£2,79512/240.11 mi-3
£1,75512/240.11 miLangley Street, Derby, Derbyshire, DE22 3GL3
£47712/240.12 miMorley Street, Derby3
£1,49512/240.13 miCampion Street, Derby, 3
£1,62512/240.14 miLangley Street, Derby, Derbyshire, DE223
£82012/240.15 mi-3
£1,19212/240.16 miRadbourne Street, Derby3
£85001/250.16 mi-3
£1,20002/250.17 mi-3
£54212/240.17 miEtwall Street, Derby3
£1,40403/240.17 miWild Street, Derby, Derbyshire, DE13
£1,36503/240.17 miWild Street, Derby, DE13
£55912/240.17 miEtwall Street - Student Property!3
£80012/240.17 miRadbourne Street, Derby3
£32512/240.17 miRadbourne Street3
£36812/240.18 miCecil Street - Students - 24 -253
£1,36512/240.18 miCobden Street, Derby, Derbyshire, DE223
£53312/240.19 miHandford Street3
£48103/240.19 miWild Street3
£47712/240.19 miCobden Street3
£45512/240.2 miPeel Street, Derby3
£1,62512/240.2 miPeel Street, Derby, Derbyshire, DE22 3GH3
£1,49504/240.2 miStepping Lane, Derby, 3
£1,62512/240.2 miPeel Street, Derby, Derbyshire, DE22 3GH3
£90012/240.2 miMackenzie Street, DERBY3
£1,00005/240.21 mi-3
£1,00012/240.21 miSurrey Street, Derby, DE223
£1,51712/240.22 miSurrey Street, Derby3
£43312/240.25 miManchester Street - Students - 24 -253
£99512/240.25 miBurgess Mill, Manchester Street3
£1,15712/240.25 miKiln House, Manchester Street, Derby, Derbyshire, DE223

Local Area Statistics

Population in DE22

46,001

Population in Derby

308,324

Town centre distance

1.21 miles away

Nearest school

0.30 miles away

Nearest train station

1.60 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+2%

Sales demand

Seller's market

Capital growth (5yrs)

+15%

Property History

Listed for £185,000

March 21, 2025

Floor Plans

Description

  • Three bedrooms +
  • Recently decorated +
  • Two reception rooms +
  • Well-equipped Magnet kitchen +
  • Spacious bathroom +
  • Tranquil garden and patio +
  • Cellar +
  • Walking distance to Derby City +
  • On street Parking +
  • On chain property +

Presenting an outstanding three-bedroom terraced house, situated in a highly sought-after location. It is currently listed for sale and is an enticing opportunity for investors, families, or those seeking university accommodation. The property has been recently decorated, offering a fresh and modern feel, ready for immediate occupancy.

Walking into this home, you will be greeted by two inviting reception rooms. These spaces offer the perfect setting for relaxation and entertainment. The property also boasts a functional and well-equipped kitchen. The kitchen area is well laid out, ensuring that all your culinary needs are met with ease. There is also the advantage of a large cellar for storage or scope to develop.

The sleeping quarters of the house consist of three comfortable bedrooms. These rooms offer ample space, ensuring a peaceful retreat for all occupants. Supporting the bedrooms is a well-sized bathroom, providing the necessary facilities to cater to the needs of a modern family.

One of the standout features of this property is its outdoor area. The garden is a delightful green space that provides a tranquil escape from the hustle and bustle of daily life. Adding to this, the property also features a BBQ area. This space is perfect for hosting family gatherings or summer parties.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

ILK250147/2

Agent Details

Your Move, Ilkeston

0115 647 3789

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪