2 Bed Flat, Single Let, Derby, DE22 3EB £135,000

17 Millgate, Ashbourne Road, Derby, DE22 3EB - 3 views - 8 months ago
Sold STC
BTL
ROI: 1%
63 m²
Property image

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

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£33,750

Stamp Duty & Legal Fees

£7,950

Total Cash In

£41,700

 

 

Cash Out

 

Rent Range

£503 - £1,295

Rent Estimate

£601

Running Costs/mo

£562

Cashflow/mo

£39

Cashflow/yr

£467

ROI

1%

Gross Yield

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
Beds
 
£135K06/250.01 mi26, Mill Gate, Ashbourne Road, Derby DE22 3EB2
£135K06/250.01 mi26, Mill Gate, Ashbourne Road, Derby DE22 3EB2
£130K08/250.09 mi14, Melton Court Apartments, Ashbourne Road, Derby DE22 3BF2
£160K05/240.09 miWestgate, Flat 21, Mill Street, Derby DE1 1DH2
£42K11/220.1 miFlat 33, Eaton Court, Leaper Street, Derby, City Of Derby DE1 3NX2
£101.5K06/240.15 miCentro West, 50, Searl Street, Derby DE1 1BW2
£110K03/250.16 mi11, Leaper Street, Derby DE1 3ND2
£75K09/240.18 mi5, St Annes Close, Derby DE1 3NE2
£127.5K07/210.2 miApartment 2, Westpoint, Brook Street, Derby, City Of Derby DE1 3TE2
£85K10/210.22 mi12, Nuns Street, Derby, City Of Derby DE1 3LL2
£143K12/220.26 mi100, Bridge Street, Derby, City Of Derby DE1 3LF2
£146K08/220.27 miLongs Mill Brookbridge Court, 23, Brook Street, Derby DE1 3LG2
£105K01/250.27 miFlat 10, The Maltings, Manchester Street, Derby DE22 3AU2
£105K01/250.27 miFlat 10, The Maltings, Manchester Street, Derby DE22 3AU2
£150.3K04/250.28 mi21, Longs Mill Brookbridge Court, Brook Street, Derby DE1 3LG2
£150.3K04/250.28 mi21, Longs Mill Brookbridge Court, Brook Street, Derby DE1 3LG2
£118K07/250.28 miFlat 12, 2 The Maltings, Manchester Street, Derby DE22 3AU2
£42.5K09/220.31 miFlat 5, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW2
£111K07/220.31 miFlat 41, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW2
£116K07/240.31 miAlexandra Mill, 31, Great Northern Road, Derby DE1 1LW2
£38K04/230.32 miFlat 31, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW2
£174K11/240.32 miWeavers Point, 9, Lodge Lane, Derby DE1 3HE2
£174K11/240.32 mi9, Weavers Point, Lodge Lane, Derby DE1 3HE2
£110K06/240.34 miRowleys Mill, 26, Uttoxeter New Road, Derby DE22 3TJ2
£48K09/210.34 miFlat 27, Great Northern Point, Great Northern Road, Derby, City Of Derby DE1 1LZ2
£85K06/210.34 miFlat 5, Great Northern Point, Great Northern Road, Derby, City Of Derby DE1 1LZ2
£140K03/230.38 miFirst Floor Flat, 3, Friary Street, Derby, City Of Derby DE1 1JF2
£135K09/220.41 mi34, Kniveton Close, Derby, City Of Derby DE22 3BB2
£110K05/240.41 mi39, Kniveton Close, Derby DE22 3BB2
£115K08/240.41 mi38, Kniveton Close, Derby DE22 3BB2
£110K05/240.41 mi39, Kniveton Close, Derby, City Of Derby DE22 3BB2
£122K01/250.46 miApartment 3, Hawthorn House, North Street, Derby DE1 3AZ2
£122K01/250.46 miApartment 3, Hawthorn House, North Street, Derby DE1 3AZ2
£47.5K10/240.48 miMillers Court, 5, Edward Street, Derby DE1 3BN2
£90K05/250.48 mi5, Millers Court, Edward Street, Derby DE1 3BN2
£92.5K08/210.48 mi3, Jackdaw Close, Derby, City Of Derby DE22 3SY2
£163.5K07/250.51 mi2b, Belper Road, Derby DE1 3EN2
£110K11/240.52 mi45, Arthur Hind Close, Derby DE22 1HS2
£110K11/240.52 mi45, Arthur Hind Close, Derby DE22 1HS2
£157K11/240.52 miThe School Yard, 8, Edward Street, Derby DE1 3BL2
£157K11/240.52 mi8, The School Yard, Edward Street, Derby DE1 3BL2
£136K06/210.57 mi103, Parliament Street, Derby, City Of Derby DE22 3RL2
£97.5K10/240.58 mi26, St Marys Court, Derby DE1 3DD2
£91K07/240.59 mi21, Edensor Square, Derby DE22 3RQ2
£123K03/250.6 miFlat 30, Parkland View, Bath Street, Derby DE1 3FG2
£123K03/250.6 miFlat 30, Parkland View, Bath Street, Derby DE1 3FG2
£110K04/240.61 miParkland View, Flat 36, Bath Street, Derby DE1 3FG2
£104K09/240.61 miMill Point, 48, Rowditch Place, Derby DE22 3LR2
£111K08/240.61 mi42, Mill Point, Rowditch Place, Derby DE22 3LR2
£118K06/240.61 miParkland View, Flat 81, Bath Street, Derby DE1 3FG2

Local Rents

50 rents from £503/mo to £1.3K/mo, average is £850/mo.

Rent
Date
Distance
Address
Beds
 
£1,09512/240 mi-2
£92508/250.01 miMill Gate, Ashbourne Road, Derby2
£1,29504/250.03 mi-2
£72510/250.03 miBrick Street, Derby, Derbyshire, DE12
£92508/250.04 miRedshaw Street, Derby2
£85006/250.05 miAshbourne Court, Derby2
£66003/240.05 miAshbourne Court, Derby, 2
£80007/250.05 miAshbourne Court, DERBY2
£65008/250.05 miAshbourne Road, Derby, DE22 3FQ2
£80003/240.05 miAshbourne Court2
£80008/250.05 miAshbourne Court, Derby, DE1 1GH2
£80003/240.05 miAshbourne Court2
£1,08303/240.05 miFriar Gate, Derby, Derbyshire, DE12
£62810/250.05 miFriar Gate, Derby, City Centre, DE12
£85010/250.05 miFriar Gate, Derby, City Centre, DE12
£85011/250.05 miFriar Gate, Derby, City Centre, DE12
£81510/250.05 miMarkeaton Street, Derby2
£77511/250.05 miBuckland Close, DERBY2
£85005/250.06 miAshbourne Court, Derby2
£50303/240.06 miFriar Gate2
£75007/250.07 miMill Street, Derby, DE12
£85004/240.07 miWestgate, Mill Street, Derby2
£80009/250.07 mi2 Bedroom Flat, Marsh FlatsMarkeaton Street, Derby Centre2
£79510/250.07 mi2 Bedroom Flat, Marsh FlatsMarkeaton Street, Derby Centre2
£1,10008/250.08 miMill Street, DERBY2
£1,10010/250.08 miMill Street, DERBY2
£82510/250.08 miMill Street, Derby, DE12
£1,20503/240.08 miUttoxeter Old Road, Derby, 2
£99504/240.08 miMill Street, Derby, DE12
£99504/240.08 miMill Street, Derby, DE12
£89504/240.08 miMill Street, Derby, DE12
£89506/250.08 miMill Street, Derby, DE12
£72007/250.09 miApartment 6, Melton Court, 38 Ashbourne Road, Derby, DE22 3BF2
£67007/250.09 miApartment 24, Melton Court, Ashbourne Road, Derby, DE22 3BF2
£79507/250.09 mi18 Melton Court, Ashbourne Road, Derby, DE22 3BF2
£95008/250.1 miAshbourne Road, Derby, DE222
£79512/240.1 miApartment 15, Melton Court, 38 Ashbourne Road, Derby, DE22 3BF2
£1,17510/250.1 miPenthouse, Westgate, Mill Street, Derby2
£94507/250.1 mi-2
£94507/250.1 miMill Street, Derby, DE12
£79508/250.11 mi8 Melton Court, Ashbourne Road, Derby, DE22 3BF2
£54210/250.11 miFriar Gate, Derby, DE1 1HF - Students 26/272
£87507/250.11 miMelton Court, Ashbourne Road, Derby2
£1,15009/250.11 miNew Melton House, 38 Ashbourne Road, Derby, DE22 3AD2
£55008/250.11 miAshbourne Road, Derby,2
£1,00012/240.12 mi-2
£85008/250.12 mi-2
£65008/250.12 miVicarage Place, Derby, DE222
£85007/250.13 miMarkeaton Street, Derby2
£85010/250.13 miMarkeaton Street, Derby2

Local Area Statistics

Population in DE22

45,976

Population in Derby

308,324

Town centre distance

1.01 miles away

Nearest school

0.10 miles away

Nearest train station

1.33 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-12%

Sales demand

Seller's market

Capital growth (5yrs)

+29%

Property History

Listed for £135,000

March 25, 2025

Floor Plans

Property image

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 -

Agent Details

Fletcher & Company, Derby

01332 215616

Next Steps?

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