2 Bed Flat, Single Let, Derby, DE22 3EB £135,000
ValuationOvervalued
| Sold Prices | £38K - £174K |
| Sold Prices/m² | £679/m² - £3K/m² |
| |
Square Metres | 63.20 m² |
| Price/m² | £2.1K/m² |
Value Estimate | £101,942£101,942 |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £33,750£33,750 |
Stamp Duty & Legal Fees | £7,950£7,950 |
Total Cash In | £41,700£41,700 |
| |
Cash Out | |
Rent Range | £503 - £1,295£503 - £1,295 |
Rent Estimate | £601 |
Running Costs/mo | £562£562 |
Cashflow/mo | £39£39 |
Cashflow/yr | £467£467 |
ROI | 1%1% |
Gross Yield | 5%5% |
Local Sold Prices
50 sold prices from £38K to £174K, average is £113K. £679/m² to £3K/m², average is £1.8K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | ||
| £135K | 06/25 | 0.01 mi | 26, Mill Gate, Ashbourne Road, Derby DE22 3EB | £3,000 | 45 | 2 | Flat | ||
| £135K | 06/25 | 0.01 mi | 26, Mill Gate, Ashbourne Road, Derby DE22 3EB | - | - | 2 | Flat | ||
| £130K | 08/25 | 0.09 mi | 14, Melton Court Apartments, Ashbourne Road, Derby DE22 3BF | - | - | 2 | Flat | ||
| £160K | 05/24 | 0.09 mi | Westgate, Flat 21, Mill Street, Derby DE1 1DH | £2,162 | 74 | 2 | Flat | ||
| £42K | 11/22 | 0.1 mi | Flat 33, Eaton Court, Leaper Street, Derby, City Of Derby DE1 3NX | - | - | 2 | Flat | ||
| £101.5K | 06/24 | 0.15 mi | Centro West, 50, Searl Street, Derby DE1 1BW | £1,611 | 63 | 2 | Flat | ||
| £110K | 03/25 | 0.16 mi | 11, Leaper Street, Derby DE1 3ND | - | - | 2 | Flat | ||
| £75K | 09/24 | 0.18 mi | 5, St Annes Close, Derby DE1 3NE | £1,190 | 63 | 2 | Flat | ||
| £127.5K | 07/21 | 0.2 mi | Apartment 2, Westpoint, Brook Street, Derby, City Of Derby DE1 3TE | - | - | 2 | Flat | ||
| £85K | 10/21 | 0.22 mi | 12, Nuns Street, Derby, City Of Derby DE1 3LL | £1,169 | 73 | 2 | Flat | ||
| £143K | 12/22 | 0.26 mi | 100, Bridge Street, Derby, City Of Derby DE1 3LF | £1,663 | 86 | 2 | Flat | ||
| £146K | 08/22 | 0.27 mi | Longs Mill Brookbridge Court, 23, Brook Street, Derby DE1 3LG | £2,517 | 58 | 2 | Flat | ||
| £105K | 01/25 | 0.27 mi | Flat 10, The Maltings, Manchester Street, Derby DE22 3AU | £2,059 | 51 | 2 | Flat | ||
| £105K | 01/25 | 0.27 mi | Flat 10, The Maltings, Manchester Street, Derby DE22 3AU | - | - | 2 | Flat | ||
| £150.3K | 04/25 | 0.28 mi | 21, Longs Mill Brookbridge Court, Brook Street, Derby DE1 3LG | £2,277 | 66 | 2 | Flat | ||
| £150.3K | 04/25 | 0.28 mi | 21, Longs Mill Brookbridge Court, Brook Street, Derby DE1 3LG | - | - | 2 | Flat | ||
| £118K | 07/25 | 0.28 mi | Flat 12, 2 The Maltings, Manchester Street, Derby DE22 3AU | - | - | 2 | Flat | ||
| £42.5K | 09/22 | 0.31 mi | Flat 5, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW | - | - | 2 | Flat | ||
| £111K | 07/22 | 0.31 mi | Flat 41, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW | - | - | 2 | Flat | ||
| £116K | 07/24 | 0.31 mi | Alexandra Mill, 31, Great Northern Road, Derby DE1 1LW | £2,071 | 56 | 2 | Flat | ||
| £38K | 04/23 | 0.32 mi | Flat 31, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW | £679 | 56 | 2 | Flat | ||
| £174K | 11/24 | 0.32 mi | Weavers Point, 9, Lodge Lane, Derby DE1 3HE | £2,384 | 73 | 2 | Flat | ||
| £174K | 11/24 | 0.32 mi | 9, Weavers Point, Lodge Lane, Derby DE1 3HE | £2,384 | 73 | 2 | Flat | ||
| £110K | 06/24 | 0.34 mi | Rowleys Mill, 26, Uttoxeter New Road, Derby DE22 3TJ | £1,833 | 60 | 2 | Flat | ||
| £48K | 09/21 | 0.34 mi | Flat 27, Great Northern Point, Great Northern Road, Derby, City Of Derby DE1 1LZ | - | - | 2 | Flat | ||
| £85K | 06/21 | 0.34 mi | Flat 5, Great Northern Point, Great Northern Road, Derby, City Of Derby DE1 1LZ | - | - | 2 | Flat | ||
| £140K | 03/23 | 0.38 mi | First Floor Flat, 3, Friary Street, Derby, City Of Derby DE1 1JF | - | - | 2 | Flat | ||
| £135K | 09/22 | 0.41 mi | 34, Kniveton Close, Derby, City Of Derby DE22 3BB | £2,368 | 57 | 2 | Flat | ||
| £110K | 05/24 | 0.41 mi | 39, Kniveton Close, Derby DE22 3BB | £1,897 | 58 | 2 | Flat | ||
| £115K | 08/24 | 0.41 mi | 38, Kniveton Close, Derby DE22 3BB | £2,130 | 54 | 2 | Flat | ||
| £110K | 05/24 | 0.41 mi | 39, Kniveton Close, Derby, City Of Derby DE22 3BB | £1,897 | 58 | 2 | Flat | ||
| £122K | 01/25 | 0.46 mi | Apartment 3, Hawthorn House, North Street, Derby DE1 3AZ | £1,821 | 67 | 2 | Flat | ||
| £122K | 01/25 | 0.46 mi | Apartment 3, Hawthorn House, North Street, Derby DE1 3AZ | - | - | 2 | Flat | ||
| £47.5K | 10/24 | 0.48 mi | Millers Court, 5, Edward Street, Derby DE1 3BN | £950 | 50 | 2 | Flat | ||
| £90K | 05/25 | 0.48 mi | 5, Millers Court, Edward Street, Derby DE1 3BN | - | - | 2 | Flat | ||
| £92.5K | 08/21 | 0.48 mi | 3, Jackdaw Close, Derby, City Of Derby DE22 3SY | £1,705 | 54 | 2 | Flat | ||
| £163.5K | 07/25 | 0.51 mi | 2b, Belper Road, Derby DE1 3EN | - | - | 2 | Flat | ||
| £110K | 11/24 | 0.52 mi | 45, Arthur Hind Close, Derby DE22 1HS | - | - | 2 | Flat | ||
| £110K | 11/24 | 0.52 mi | 45, Arthur Hind Close, Derby DE22 1HS | £1,719 | 64 | 2 | Flat | ||
| £157K | 11/24 | 0.52 mi | The School Yard, 8, Edward Street, Derby DE1 3BL | £2,243 | 70 | 2 | Flat | ||
| £157K | 11/24 | 0.52 mi | 8, The School Yard, Edward Street, Derby DE1 3BL | - | - | 2 | Flat | ||
| £136K | 06/21 | 0.57 mi | 103, Parliament Street, Derby, City Of Derby DE22 3RL | £1,563 | 87 | 2 | Flat | ||
| £97.5K | 10/24 | 0.58 mi | 26, St Marys Court, Derby DE1 3DD | £1,990 | 49 | 2 | Flat | ||
| £91K | 07/24 | 0.59 mi | 21, Edensor Square, Derby DE22 3RQ | £1,300 | 70 | 2 | Flat | ||
| £123K | 03/25 | 0.6 mi | Flat 30, Parkland View, Bath Street, Derby DE1 3FG | £1,618 | 76 | 2 | Flat | ||
| £123K | 03/25 | 0.6 mi | Flat 30, Parkland View, Bath Street, Derby DE1 3FG | - | - | 2 | Flat | ||
| £110K | 04/24 | 0.61 mi | Parkland View, Flat 36, Bath Street, Derby DE1 3FG | £1,667 | 66 | 2 | Flat | ||
| £104K | 09/24 | 0.61 mi | Mill Point, 48, Rowditch Place, Derby DE22 3LR | £1,425 | 73 | 2 | Flat | ||
| £111K | 08/24 | 0.61 mi | 42, Mill Point, Rowditch Place, Derby DE22 3LR | £1,734 | 64 | 2 | Flat | ||
| £118K | 06/24 | 0.61 mi | Parkland View, Flat 81, Bath Street, Derby DE1 3FG | £1,788 | 66 | 2 | Flat |
Local Rents
50 rents from £503/mo to £1.3K/mo, average is £850/mo.
Rent | Date | Distance | Address | Beds | Type | ||
| £1,095 | 12/24 | 0 mi | - | 2 | Flat | ||
| £925 | 08/25 | 0.01 mi | Mill Gate, Ashbourne Road, Derby | 2 | Flat | ||
| £1,295 | 04/25 | 0.03 mi | - | 2 | Flat | ||
| £725 | 10/25 | 0.03 mi | Brick Street, Derby, Derbyshire, DE1 | 2 | Flat | ||
| £925 | 08/25 | 0.04 mi | Redshaw Street, Derby | 2 | Terraced House | ||
| £850 | 06/25 | 0.05 mi | Ashbourne Court, Derby | 2 | Terraced House | ||
| £660 | 03/24 | 0.05 mi | Ashbourne Court, Derby, | 2 | Flat | ||
| £800 | 07/25 | 0.05 mi | Ashbourne Court, DERBY | 2 | Terraced House | ||
| £650 | 08/25 | 0.05 mi | Ashbourne Road, Derby, DE22 3FQ | 2 | Room | ||
| £800 | 03/24 | 0.05 mi | Ashbourne Court | 2 | Detached House | ||
| £800 | 08/25 | 0.05 mi | Ashbourne Court, Derby, DE1 1GH | 2 | Room | ||
| £800 | 03/24 | 0.05 mi | Ashbourne Court | 2 | Terraced House | ||
| £1,083 | 03/24 | 0.05 mi | Friar Gate, Derby, Derbyshire, DE1 | 2 | Flat | ||
| £628 | 10/25 | 0.05 mi | Friar Gate, Derby, City Centre, DE1 | 2 | House | ||
| £850 | 10/25 | 0.05 mi | Friar Gate, Derby, City Centre, DE1 | 2 | House | ||
| £850 | 11/25 | 0.05 mi | Friar Gate, Derby, City Centre, DE1 | 2 | House | ||
| £815 | 10/25 | 0.05 mi | Markeaton Street, Derby | 2 | Terraced House | ||
| £775 | 11/25 | 0.05 mi | Buckland Close, DERBY | 2 | Semi-Detached House | ||
| £850 | 05/25 | 0.06 mi | Ashbourne Court, Derby | 2 | Terraced House | ||
| £503 | 03/24 | 0.06 mi | Friar Gate | 2 | Flat | ||
| £750 | 07/25 | 0.07 mi | Mill Street, Derby, DE1 | 2 | Flat | ||
| £850 | 04/24 | 0.07 mi | Westgate, Mill Street, Derby | 2 | Flat | ||
| £800 | 09/25 | 0.07 mi | 2 Bedroom Flat, Marsh FlatsMarkeaton Street, Derby Centre | 2 | Flat | ||
| £795 | 10/25 | 0.07 mi | 2 Bedroom Flat, Marsh FlatsMarkeaton Street, Derby Centre | 2 | Flat | ||
| £1,100 | 08/25 | 0.08 mi | Mill Street, DERBY | 2 | Flat | ||
| £1,100 | 10/25 | 0.08 mi | Mill Street, DERBY | 2 | Flat | ||
| £825 | 10/25 | 0.08 mi | Mill Street, Derby, DE1 | 2 | Flat | ||
| £1,205 | 03/24 | 0.08 mi | Uttoxeter Old Road, Derby, | 2 | Flat | ||
| £995 | 04/24 | 0.08 mi | Mill Street, Derby, DE1 | 2 | Flat | ||
| £995 | 04/24 | 0.08 mi | Mill Street, Derby, DE1 | 2 | Flat | ||
| £895 | 04/24 | 0.08 mi | Mill Street, Derby, DE1 | 2 | Flat | ||
| £895 | 06/25 | 0.08 mi | Mill Street, Derby, DE1 | 2 | Flat | ||
| £720 | 07/25 | 0.09 mi | Apartment 6, Melton Court, 38 Ashbourne Road, Derby, DE22 3BF | 2 | Flat | ||
| £670 | 07/25 | 0.09 mi | Apartment 24, Melton Court, Ashbourne Road, Derby, DE22 3BF | 2 | Flat | ||
| £795 | 07/25 | 0.09 mi | 18 Melton Court, Ashbourne Road, Derby, DE22 3BF | 2 | Flat | ||
| £950 | 08/25 | 0.1 mi | Ashbourne Road, Derby, DE22 | 2 | Flat | ||
| £795 | 12/24 | 0.1 mi | Apartment 15, Melton Court, 38 Ashbourne Road, Derby, DE22 3BF | 2 | Flat | ||
| £1,175 | 10/25 | 0.1 mi | Penthouse, Westgate, Mill Street, Derby | 2 | Flat | ||
| £945 | 07/25 | 0.1 mi | - | 2 | Flat | ||
| £945 | 07/25 | 0.1 mi | Mill Street, Derby, DE1 | 2 | Flat | ||
| £795 | 08/25 | 0.11 mi | 8 Melton Court, Ashbourne Road, Derby, DE22 3BF | 2 | Room | ||
| £542 | 10/25 | 0.11 mi | Friar Gate, Derby, DE1 1HF - Students 26/27 | 2 | Flat | ||
| £875 | 07/25 | 0.11 mi | Melton Court, Ashbourne Road, Derby | 2 | Flat | ||
| £1,150 | 09/25 | 0.11 mi | New Melton House, 38 Ashbourne Road, Derby, DE22 3AD | 2 | Flat | ||
| £550 | 08/25 | 0.11 mi | Ashbourne Road, Derby, | 2 | Flat | ||
| £1,000 | 12/24 | 0.12 mi | - | 2 | Flat | ||
| £850 | 08/25 | 0.12 mi | - | 2 | Flat | ||
| £650 | 08/25 | 0.12 mi | Vicarage Place, Derby, DE22 | 2 | Flat | ||
| £850 | 07/25 | 0.13 mi | Markeaton Street, Derby | 2 | Semi-Detached House | ||
| £850 | 10/25 | 0.13 mi | Markeaton Street, Derby | 2 | Semi-Detached House |
Local Area Statistics
Population in DE22 | 45,97645,976 |
Population in Derby | 308,324308,324 |
Town centre distance | 1.01 miles away1.01 miles away |
Nearest school | 0.10 miles away0.10 miles away |
Nearest train station | 1.33 miles away1.33 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | -12%-12% |
Sales demand | Seller's marketSeller's market |
Capital growth (5yrs) | +29%+29% |
Property History
Listed for £135,000
March 25, 2025
Floor Plans
Description
- Desirable Apartment in Derby +
- Impressive Communal Gardens +
- Allocated Parking Space +
- Secure Gated Environment +
- Entrance Hall +
- Spacious Lounge/Dining Room with Balcony +
- Fitted Kitchen +
- Master Bedroom with En-Suite Shower Room +
- Further Bedroom & Bathroom +
A realistically priced, two bedroom, first floor apartment sold with the benefit of no upper chain.
This is a realistically priced, first floor apartment in the very popular Millgate development on highly convenient Ashbourne Road. Set within a secure gated environment the property benefits from impressive communal gardens which are meticulously maintained and unallocated car parking space.
The property is accessed via a secure communal entrance hall and features a private entrance hall, lounge/dining room with balcony, fitted kitchen, master bedroom with en-suite shower room, further bedroom and a bathroom. The property sits at the back of the development and offers a good degree of peace and tranquility.
The Location - The property's location on Ashbourne Road allows for easy access to a full range of amenities in Derby City centre. With nearby parks at Markeaton and Darley, a regular bus service, close proximity to restaurants and bars and A38 and A52.
Accommodation -
Communal Hall - A secure communal entrance door provides access to communal area with access to all floors.
Entrance Hall - 4.51 x 0.98 (14'9" x 3'2") - A private entrance door provides access to hallway with entry phone intercom system and central heating radiator.
Lounge/Dining Room - 5.11 x 4.11 (16'9" x 13'5") - With two central heating radiators, television and telephone points, double glazed French doors providing access to balcony with wrought iron balustrade and pleasant views over the well-kept, communal gardens.
Kitchen - 3.73 x 2.57 (12'2" x 8'5") - Featuring granite effect worktops, inset stainless steel sink unit with adjacent drainer and mixer tap, fitted base cupboards, complementary wall mounted cupboards, inset four plate gas hob with built-in double oven, integrated dishwasher and washing machine, appliance space suitable for fridge freezer, central heating radiator, recessed ceiling spotlighting, wall mounted gas fired boiler and double glazed window to rear.
Master Bedroom - 3.30 x 3.21 (10'9" x 10'6") - With central heating radiator, television and telephone point, fitted wardrobe and double glazed window to front overlooking communal gardens.
En-Suite Shower Room - 2.10 x 1.25 (6'10" x 4'1") - With low flush WC, pedestal wash handbasin, shower cubicle and central heating radiator.
Bedroom Two - 3.43 x 2.62 (11'3" x 8'7") - With central heating radiator, television point and double glazed window to rear.
Bathroom - 2.39 x 1.76 (7'10" x 5'9") - A white suite comprising low flush WC, vanity unit with wash handbasin and cupboards beneath, panelled bath with shower attachment, central heating radiator, spotlights to ceiling, shaver point and double glazed window to rear.
Outside - The property is set within beautiful, well-kept, communal gardens which are particularly impressive. This particular apartment is set well back from Ashbourne Road. Accessed via a secure communal entrance hall the property benefits from an allocated parking space set within a secure gated environment with both vehicle and pedestrian gates.
Tenure - Lease - 977 years left
Council tax - 1951.78 a year
Service charge - 1541.97 per year
Council Tax Band C -
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