3 Bed Semi-Detached House, Single Let, Derby, DE23 8DG, £220,000

Grange Avenue, Derby, Derbyshire, DE23 8DG - 2 views - a month ago

Auction
BTL
~93 m²
+5 photos

ValuationOvervalued

Sold Prices£92K - £310K
Sold Prices/m²£1.2K/m² - £3.3K/m²

 

 

Square Metres

~93 m²
Price/m²£2.4K/m²

Value Estimate

£190,388

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£12,200

Total Cash In

£67,200

 

 

Cash Out

 

Rent Range

£765 - £1,200

Rent Estimate

£769

Running Costs/mo

£861

Cashflow/mo

£-92

Cashflow/yr

£-1,108

Gross Yield

4%

Local Sold Prices

50 sold prices from £92K to £310K, average is £189.3K. £1.2K/m² to £3.3K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£215K10/210 mi36, Grange Avenue, Derby, City Of Derby DE23 8DG3
£185K09/210.03 mi7, Grange Avenue, Derby, City Of Derby DE23 8DH3
£188.5K12/200.03 mi43, Grange Avenue, Derby, City Of Derby DE23 8DH3
£250K12/220.08 mi4, New Chestnut Place, Derby, City Of Derby DE23 1JT3
£212.5K02/210.08 mi7, New Chestnut Place, Derby, City Of Derby DE23 1JT3
£231.5K12/220.11 mi7, Ingleby Avenue, Derby, City Of Derby DE23 8DL3
£227K06/230.16 mi6, Littleover Lane, Derby, City Of Derby DE23 6JF3
£177.2K02/210.16 mi10, Littleover Lane, Derby, City Of Derby DE23 6JF3
£162K03/210.21 mi27, Masefield Avenue, Derby, City Of Derby DE23 1GP3
£165K11/200.21 mi27, Boswell Square, Derby, City Of Derby DE23 8AW3
£123K03/210.22 mi13, Woodroffe Walk, Derby, City Of Derby DE23 1RL3
£154K03/230.22 mi23, Woodroffe Walk, Derby, City Of Derby DE23 1RL3
£225K06/230.23 mi68, Derby Lane, Derby, City Of Derby DE23 8UD3
£190K04/210.25 mi26, Eastbrae Road, Sunnyhill, Derby, City Of Derby DE23 1WA3
£242.5K10/210.25 mi238, Stenson Road, Derby, City Of Derby DE23 1JL3
£215K11/200.26 mi173, Village Street, Derby, City Of Derby DE23 8DF3
£260K05/230.26 mi179, Stenson Road, Derby, City Of Derby DE23 1JN3
£185K01/210.26 mi83, Littleover Lane, Derby, City Of Derby DE23 6JH3
£238K06/230.26 mi83, Littleover Lane, Derby, City Of Derby DE23 6JH3
£235K01/230.26 mi71, Littleover Lane, Derby, City Of Derby DE23 6JH3
£310K04/230.29 mi17, Glenmoy Close, Sunnyhill, Derby, City Of Derby DE23 1WB3
£280K02/230.29 mi390, Stenson Road, Derby, City Of Derby DE23 1HD3
£122.5K06/210.29 mi12, Beaumont Walk, Derby, City Of Derby DE23 1RD3
£215K06/210.31 mi84, Foremark Avenue, Derby, City Of Derby DE23 6JR3
£248K03/230.31 mi82, Foremark Avenue, Derby, City Of Derby DE23 6JR3
£219K06/210.33 mi39, Rosamonds Ride, Derby, City Of Derby DE23 6JS3
£220K06/210.33 mi47, Rosamonds Ride, Derby, City Of Derby DE23 6JS3
£143K07/210.33 mi240, Caxton Street, Derby, City Of Derby DE23 1RB3
£112K02/230.34 mi49, Blackmore Street, Derby, City Of Derby DE23 8AY3
£126K07/230.37 mi6, Byng Avenue, Derby, City Of Derby DE23 8WF3
£125K11/200.39 mi3, Newdigate Street, Derby, City Of Derby DE23 8UZ3
£233K02/210.39 mi11, The Croft, Littleover, Derby, City Of Derby DE23 1DQ3
£254K03/210.39 mi1, The Croft, Littleover, Derby, City Of Derby DE23 1DQ3
£122.5K05/230.39 mi39, Baxter Square, Derby, City Of Derby DE23 8BG3
£150K03/210.4 mi9, Kitchener Avenue, Derby, City Of Derby DE23 8WH3
£105K01/210.4 mi16, Kitchener Avenue, Derby, City Of Derby DE23 8WH3
£148K01/210.4 mi48, Village Street, Derby, City Of Derby DE23 8SZ3
£192.5K08/210.4 mi35, Serina Avenue, Derby, City Of Derby DE23 6JT3
£190K10/210.4 mi2, Serina Avenue, Derby, City Of Derby DE23 6JT3
£160K03/230.4 mi6, Serina Avenue, Derby, City Of Derby DE23 6JT3
£150K06/230.41 mi24, Nevinson Avenue, Sunnyhill, Derby, City Of Derby DE23 1GT3
£125K04/210.41 mi43, Brunswick Street, Derby, City Of Derby DE23 8TQ3
£115K06/210.41 mi38, Vincent Street, Derby, Derbyshire DE23 8BT3
£92K03/210.41 mi29, Vincent Street, Derby, City Of Derby DE23 8BT3
£121K04/210.41 mi95, Caxton Street, Derby, City Of Derby DE23 8BE3
£195K12/220.41 mi27, Kendon Avenue, Sunnyhill, Derby, City Of Derby DE23 1LB3
£165K02/210.42 mi41, Nevinson Avenue, Sunnyhill, Derby, City Of Derby DE23 1GU3
£180K01/210.42 mi21, Nevinson Avenue, Sunnyhill, Derby, City Of Derby DE23 1GU3
£192.5K04/210.42 mi69, Lewis Street, Derby, City Of Derby DE23 8BY3
£210K06/230.42 mi80, Lewis Street, Derby, City Of Derby DE23 8BY3

Local Rents

25 rents from £765/mo to £1.2K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£1,10003/240.08 miNew Chestnut Place, Derby3
£99503/250.18 mi-3
£1,00004/240.19 miAshopton Avenue, DERBY3
£85004/240.26 mi-3
£85004/240.26 miBlackmore Street, Derby, DE233
£85004/240.26 miBlackmore Street, Derby, DE233
£79504/240.26 miStenson Road, Sunnyhill, DE233
£1,15004/250.3 mi-3
£1,05001/250.3 mi-3
£99504/240.32 mi-3
£95504/250.37 mi-3
£89504/240.4 miUnderhill Close, Sunnyhill3
£1,05003/240.41 miHayes Avenue, Derby, Derbyshire3
£76512/230.43 mi-3
£1,10003/240.45 miNevinson Avenue, Sunnyhill3
£1,10002/250.49 mi-3
£97504/240.5 miStenson Road, DERBY3
£1,10001/250.51 mi-3
£1,20004/240.51 miPenrhyn Avenue Littleover3
£95004/240.53 miBethulie Road, DERBY3
£99504/240.53 miSunnyhill Avenue, Sunnyhill3
£99504/240.53 miSunnyhill Avenue, Sunnyhill3
£85003/240.56 miBalfour Road 3
£90004/250.57 mi-3
£1,10003/240.57 miColwyn Avenue, Derby, Derbyshire, DE233

Local Area Statistics

Population in DE23

59,979

Population in Derby

308,324

Town centre distance

1.41 miles away

Nearest school

0.10 miles away

Nearest train station

0.70 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £220,000

March 21, 2025

Floor Plans

Description

  • Three Bedroom Semi-Detached House +
  • Popular Location +
  • Freehold +
  • Council Tax Band B +
  • Family Bathroom With A Separate WC +
  • Large Driveway +
  • Extensive Garden To Rear +
  • Excellent Investment Opportunity Or First Time Buy +

Spacious 3-Bedroom Semi-Detached Home in Popular Littleover

National Residential are delighted to present this exceptionally spacious and well-maintained 3-bedroom semi-detached property, located on Grange Avenue, a sought-after residential area in Littleover, Derby. This impressive home offers generous living spaces both inside and out, making it ideal for families, professionals, or investors alike.

Key Information
* Freehold
* Council Tax Band: B

Property Features
Ground Floor:
* Entrance Hallway - A welcoming entrance space providing access to all ground floor rooms.
* WC/Cloakroom - Convenient ground floor toilet.
* Living Room - A comfortable reception room, perfect for relaxing or entertaining.
* Open Plan Lounge/Dining Room - A bright and versatile space ideal for family gatherings or social occasions.
* Spacious Fitted Kitchen - Well-appointed with ample storage, work surfaces, and space for appliances.
First Floor:
* Three Good-Sized Bedrooms - Each providing ample space for furniture and storage.
* Family Bathroom - Fitted with a bath, wash basin, and WC.
External:
* Large Driveway - Offering off-road parking for multiple vehicles.
* Generous Rear Garden - A particularly large outdoor space, ideal for families, outdoor dining, or gardening enthusiasts.

Location Highlights - Littleover
Situated in the well-regarded suburb of Littleover, this property benefits from excellent local amenities, schools, and transport links.
Education:
* Within the catchment for reputable schools including Littleover Community School and Derby Moor Academy, making this an ideal choice for families.
Local Amenities:
* Littleover offers a range of shops, supermarkets, cafés, and restaurants, with Derby city centre just a short distance away for further shopping, dining, and entertainment options.
Transport Links:
* Excellent access to major road connections such as the A38, A50, and M1, providing convenient travel to nearby cities like Nottingham, Birmingham, and Leicester.
* Regular bus services connect Littleover to Derby city centre and surrounding areas.
Recreation & Leisure:
* Nearby parks, sports clubs, and community facilities provide plenty of opportunities for outdoor activities and social events.

Viewing Highly Recommended
This spacious and versatile home is a fantastic opportunity for buyers seeking comfort, convenience, and excellent local amenities.
Watch our video tour for a closer look, then contact our dedicated specialist sales advisor for further information or to arrange your viewing today.

This property is ONLY available for purchasers who are NOT in a chain.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage so an online Anti-Money Laundering Check can be completed. We would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3: Any measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: National Residential has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyer's interests to check the working condition of any appliances.

*By making an enquiry on this property you acknowledge that this property is strictly offers in excess of the marketing price provided. The market appraisal of this property has indicated a value in excess of our marketing price. As a consequence, and similar to any other vendor, the vendor is aiming to achieve as much as possible in excess of this marketing price provided.
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. Although the vendor may be willing to remove from the auction early for a suitable offer. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately but grant 56 days to exchange and complete. This additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a deposit of 2% (minimum of £5,000) or a Buyers fee (amount or % will be stated in main advert., which secures the transaction and takes the property off the market. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction and can be viewed in full on our website.

Agent Details

National Residential, Nationwide

01244 565390

Next Steps?

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