This property was removed from Dealsourcr.
2 Bed Flat, Single Let, Derby, DE22 3BF £145,000




ValuationOvervalued
| Sold Prices | £38K - £174K |
| Sold Prices/m² | £679/m² - £3K/m² |
| |
Square Metres | 73.51 m² |
| Price/m² | £2K/m² |
Value Estimate | £118,572£118,572 |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £36,250£36,250 |
Stamp Duty & Legal Fees | £8,450£8,450 |
Total Cash In | £44,700£44,700 |
| |
Cash Out | |
Rent Range | £503 - £1,295£503 - £1,295 |
Rent Estimate | £582 |
Running Costs/mo | £590£590 |
Cashflow/mo | £-8£-8 |
Cashflow/yr | £-90£-90 |
Gross Yield | 5%5% |
Local Sold Prices
50 sold prices from £38K to £174K, average is £110.5K. £679/m² to £3K/m², average is £1.8K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | ||
| £135K | 06/25 | 0.03 mi | 26, Mill Gate, Ashbourne Road, Derby DE22 3EB | £3,000 | 45 | 2 | Flat | ||
| £135K | 06/25 | 0.03 mi | 26, Mill Gate, Ashbourne Road, Derby DE22 3EB | - | - | 2 | Flat | ||
| £130K | 08/25 | 0.11 mi | 14, Melton Court Apartments, Ashbourne Road, Derby DE22 3BF | - | - | 2 | Flat | ||
| £160K | 05/24 | 0.11 mi | Westgate, Flat 21, Mill Street, Derby DE1 1DH | £2,162 | 74 | 2 | Flat | ||
| £42K | 11/22 | 0.14 mi | Flat 33, Eaton Court, Leaper Street, Derby, City Of Derby DE1 3NX | - | - | 2 | Flat | ||
| £101.5K | 06/24 | 0.17 mi | Centro West, 50, Searl Street, Derby DE1 1BW | £1,611 | 63 | 2 | Flat | ||
| £110K | 03/25 | 0.2 mi | 11, Leaper Street, Derby DE1 3ND | - | - | 2 | Flat | ||
| £127.5K | 07/21 | 0.22 mi | Apartment 2, Westpoint, Brook Street, Derby, City Of Derby DE1 3TE | - | - | 2 | Flat | ||
| £75K | 09/24 | 0.22 mi | 5, St Annes Close, Derby DE1 3NE | £1,190 | 63 | 2 | Flat | ||
| £85K | 10/21 | 0.26 mi | 12, Nuns Street, Derby, City Of Derby DE1 3LL | £1,169 | 73 | 2 | Flat | ||
| £105K | 01/25 | 0.28 mi | Flat 10, The Maltings, Manchester Street, Derby DE22 3AU | £2,059 | 51 | 2 | Flat | ||
| £105K | 01/25 | 0.28 mi | Flat 10, The Maltings, Manchester Street, Derby DE22 3AU | - | - | 2 | Flat | ||
| £42.5K | 09/22 | 0.28 mi | Flat 5, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW | - | - | 2 | Flat | ||
| £111K | 07/22 | 0.28 mi | Flat 41, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW | - | - | 2 | Flat | ||
| £118K | 07/25 | 0.28 mi | Flat 12, 2 The Maltings, Manchester Street, Derby DE22 3AU | - | - | 2 | Flat | ||
| £116K | 07/24 | 0.28 mi | Alexandra Mill, 31, Great Northern Road, Derby DE1 1LW | £2,071 | 56 | 2 | Flat | ||
| £38K | 04/23 | 0.28 mi | Flat 31, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW | £679 | 56 | 2 | Flat | ||
| £143K | 12/22 | 0.29 mi | 100, Bridge Street, Derby, City Of Derby DE1 3LF | £1,663 | 86 | 2 | Flat | ||
| £146K | 08/22 | 0.29 mi | Longs Mill Brookbridge Court, 23, Brook Street, Derby DE1 3LG | £2,517 | 58 | 2 | Flat | ||
| £150.3K | 04/25 | 0.29 mi | 21, Longs Mill Brookbridge Court, Brook Street, Derby DE1 3LG | £2,277 | 66 | 2 | Flat | ||
| £150.3K | 04/25 | 0.29 mi | 21, Longs Mill Brookbridge Court, Brook Street, Derby DE1 3LG | - | - | 2 | Flat | ||
| £110K | 06/24 | 0.3 mi | Rowleys Mill, 26, Uttoxeter New Road, Derby DE22 3TJ | £1,833 | 60 | 2 | Flat | ||
| £48K | 09/21 | 0.31 mi | Flat 27, Great Northern Point, Great Northern Road, Derby, City Of Derby DE1 1LZ | - | - | 2 | Flat | ||
| £85K | 06/21 | 0.31 mi | Flat 5, Great Northern Point, Great Northern Road, Derby, City Of Derby DE1 1LZ | - | - | 2 | Flat | ||
| £174K | 11/24 | 0.33 mi | Weavers Point, 9, Lodge Lane, Derby DE1 3HE | £2,384 | 73 | 2 | Flat | ||
| £174K | 11/24 | 0.33 mi | 9, Weavers Point, Lodge Lane, Derby DE1 3HE | £2,384 | 73 | 2 | Flat | ||
| £140K | 03/23 | 0.36 mi | First Floor Flat, 3, Friary Street, Derby, City Of Derby DE1 1JF | - | - | 2 | Flat | ||
| £135K | 09/22 | 0.42 mi | 34, Kniveton Close, Derby, City Of Derby DE22 3BB | £2,368 | 57 | 2 | Flat | ||
| £110K | 05/24 | 0.42 mi | 39, Kniveton Close, Derby, City Of Derby DE22 3BB | £1,897 | 58 | 2 | Flat | ||
| £115K | 08/24 | 0.42 mi | 38, Kniveton Close, Derby DE22 3BB | £2,130 | 54 | 2 | Flat | ||
| £110K | 05/24 | 0.42 mi | 39, Kniveton Close, Derby DE22 3BB | £1,897 | 58 | 2 | Flat | ||
| £92.5K | 08/21 | 0.46 mi | 3, Jackdaw Close, Derby, City Of Derby DE22 3SY | £1,705 | 54 | 2 | Flat | ||
| £122K | 01/25 | 0.48 mi | Apartment 3, Hawthorn House, North Street, Derby DE1 3AZ | £1,821 | 67 | 2 | Flat | ||
| £122K | 01/25 | 0.48 mi | Apartment 3, Hawthorn House, North Street, Derby DE1 3AZ | - | - | 2 | Flat | ||
| £47.5K | 10/24 | 0.5 mi | Millers Court, 5, Edward Street, Derby DE1 3BN | £950 | 50 | 2 | Flat | ||
| £90K | 05/25 | 0.5 mi | 5, Millers Court, Edward Street, Derby DE1 3BN | - | - | 2 | Flat | ||
| £136K | 06/21 | 0.53 mi | 103, Parliament Street, Derby, City Of Derby DE22 3RL | £1,563 | 87 | 2 | Flat | ||
| £163.5K | 07/25 | 0.54 mi | 2b, Belper Road, Derby DE1 3EN | - | - | 2 | Flat | ||
| £157K | 11/24 | 0.54 mi | The School Yard, 8, Edward Street, Derby DE1 3BL | £2,243 | 70 | 2 | Flat | ||
| £157K | 11/24 | 0.54 mi | 8, The School Yard, Edward Street, Derby DE1 3BL | - | - | 2 | Flat | ||
| £91K | 07/24 | 0.56 mi | 21, Edensor Square, Derby DE22 3RQ | £1,300 | 70 | 2 | Flat | ||
| £110K | 11/24 | 0.56 mi | 45, Arthur Hind Close, Derby DE22 1HS | - | - | 2 | Flat | ||
| £110K | 11/24 | 0.56 mi | 45, Arthur Hind Close, Derby DE22 1HS | £1,719 | 64 | 2 | Flat | ||
| £104K | 09/24 | 0.58 mi | Mill Point, 48, Rowditch Place, Derby DE22 3LR | £1,425 | 73 | 2 | Flat | ||
| £111K | 08/24 | 0.58 mi | 42, Mill Point, Rowditch Place, Derby DE22 3LR | £1,734 | 64 | 2 | Flat | ||
| £109K | 10/22 | 0.59 mi | Flat 52, Mill Point, Rowditch Place, Derby, City Of Derby DE22 3LR | - | - | 2 | Flat | ||
| £94K | 08/21 | 0.59 mi | Flat 6, Mill Point, Rowditch Place, Derby, City Of Derby DE22 3LR | - | - | 2 | Flat | ||
| £97.5K | 10/24 | 0.6 mi | 26, St Marys Court, Derby DE1 3DD | £1,990 | 49 | 2 | Flat | ||
| £79K | 08/25 | 0.62 mi | 1, Summerbrook Court, Derby DE22 3RR | - | - | 2 | Flat | ||
| £123K | 03/25 | 0.63 mi | Flat 30, Parkland View, Bath Street, Derby DE1 3FG | £1,618 | 76 | 2 | Flat |
Local Rents
50 rents from £503/mo to £1.3K/mo, average is £820/mo.
Rent | Date | Distance | Address | Beds | Type | ||
| £660 | 03/24 | 0.01 mi | Ashbourne Court, Derby, | 2 | Flat | ||
| £800 | 07/25 | 0.01 mi | Ashbourne Court, DERBY | 2 | Terraced House | ||
| £850 | 06/25 | 0.01 mi | Ashbourne Court, Derby | 2 | Terraced House | ||
| £800 | 03/24 | 0.01 mi | Ashbourne Court | 2 | Detached House | ||
| £800 | 08/25 | 0.01 mi | Ashbourne Court, Derby, DE1 1GH | 2 | Room | ||
| £800 | 03/24 | 0.01 mi | Ashbourne Court | 2 | Terraced House | ||
| £503 | 03/24 | 0.02 mi | Friar Gate | 2 | Flat | ||
| £1,083 | 03/24 | 0.03 mi | Friar Gate, Derby, Derbyshire, DE1 | 2 | Flat | ||
| £628 | 10/25 | 0.03 mi | Friar Gate, Derby, City Centre, DE1 | 2 | House | ||
| £850 | 10/25 | 0.03 mi | Friar Gate, Derby, City Centre, DE1 | 2 | House | ||
| £850 | 11/25 | 0.03 mi | Friar Gate, Derby, City Centre, DE1 | 2 | House | ||
| £850 | 05/25 | 0.03 mi | Ashbourne Court, Derby | 2 | Terraced House | ||
| £1,295 | 04/25 | 0.03 mi | - | 2 | Flat | ||
| £925 | 08/25 | 0.03 mi | Mill Gate, Ashbourne Road, Derby | 2 | Flat | ||
| £650 | 08/25 | 0.04 mi | Ashbourne Road, Derby, DE22 3FQ | 2 | Room | ||
| £1,095 | 12/24 | 0.04 mi | - | 2 | Flat | ||
| £725 | 10/25 | 0.05 mi | Brick Street, Derby, Derbyshire, DE1 | 2 | Flat | ||
| £1,205 | 03/24 | 0.05 mi | Uttoxeter Old Road, Derby, | 2 | Flat | ||
| £775 | 11/25 | 0.08 mi | Buckland Close, DERBY | 2 | Semi-Detached House | ||
| £925 | 08/25 | 0.08 mi | Redshaw Street, Derby | 2 | Terraced House | ||
| £815 | 10/25 | 0.08 mi | Markeaton Street, Derby | 2 | Terraced House | ||
| £850 | 04/24 | 0.09 mi | Westgate, Mill Street, Derby | 2 | Flat | ||
| £750 | 07/25 | 0.09 mi | Mill Street, Derby, DE1 | 2 | Flat | ||
| £1,100 | 08/25 | 0.1 mi | Mill Street, DERBY | 2 | Flat | ||
| £1,100 | 10/25 | 0.1 mi | Mill Street, DERBY | 2 | Flat | ||
| £825 | 10/25 | 0.1 mi | Mill Street, Derby, DE1 | 2 | Flat | ||
| £800 | 09/25 | 0.1 mi | 2 Bedroom Flat, Marsh FlatsMarkeaton Street, Derby Centre | 2 | Flat | ||
| £795 | 10/25 | 0.1 mi | 2 Bedroom Flat, Marsh FlatsMarkeaton Street, Derby Centre | 2 | Flat | ||
| £720 | 07/25 | 0.1 mi | Apartment 6, Melton Court, 38 Ashbourne Road, Derby, DE22 3BF | 2 | Flat | ||
| £670 | 07/25 | 0.1 mi | Apartment 24, Melton Court, Ashbourne Road, Derby, DE22 3BF | 2 | Flat | ||
| £995 | 04/24 | 0.1 mi | Mill Street, Derby, DE1 | 2 | Flat | ||
| £995 | 04/24 | 0.1 mi | Mill Street, Derby, DE1 | 2 | Flat | ||
| £895 | 04/24 | 0.1 mi | Mill Street, Derby, DE1 | 2 | Flat | ||
| £895 | 06/25 | 0.1 mi | Mill Street, Derby, DE1 | 2 | Flat | ||
| £542 | 10/25 | 0.1 mi | Friar Gate, Derby, DE1 1HF - Students 26/27 | 2 | Flat | ||
| £775 | 03/24 | 0.11 mi | York Street, Derby, Derbyshire, DE1 1FZ | 2 | Flat | ||
| £950 | 08/25 | 0.11 mi | Ashbourne Road, Derby, DE22 | 2 | Flat | ||
| £795 | 12/24 | 0.11 mi | Apartment 15, Melton Court, 38 Ashbourne Road, Derby, DE22 3BF | 2 | Flat | ||
| £795 | 07/25 | 0.11 mi | 18 Melton Court, Ashbourne Road, Derby, DE22 3BF | 2 | Flat | ||
| £1,150 | 09/25 | 0.12 mi | New Melton House, 38 Ashbourne Road, Derby, DE22 3AD | 2 | Flat | ||
| £1,175 | 10/25 | 0.12 mi | Penthouse, Westgate, Mill Street, Derby | 2 | Flat | ||
| £550 | 08/25 | 0.12 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 | ||
| £795 | 08/25 | 0.12 mi | 8 Melton Court, Ashbourne Road, Derby, DE22 3BF | 2 | Room | ||
| £875 | 07/25 | 0.12 mi | Melton Court, Ashbourne Road, Derby | 2 | Flat | ||
| £675 | 07/25 | 0.12 mi | Vicarage Place, Ashbourne Road, Derby, DE22 3TU | 2 | Flat | ||
| £800 | 08/25 | 0.12 mi | Ashbourne Road, Derby | 2 | Flat | ||
| £900 | 08/25 | 0.12 mi | Ashbourne Road, DERBY | 2 | Flat |
Local Area Statistics
Population in DE22 | 45,97645,976 |
Population in Derby | 308,324308,324 |
Town centre distance | 0.99 miles away0.99 miles away |
Nearest school | 0.10 miles away0.10 miles away |
Nearest train station | 1.32 miles away1.32 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 £145,000
March 26, 2025
Floor Plans
Description
Enjoying a highly convenient position for ease of access into the city centre, this is a two double bedroom, two bathroom second floor apartment set with in a secure gated development set back from Ashbourne Road. No Chain.
The spacious accommodation which is both double glazed and electrically heated comprises, private lobby off the main landing, private entrance hallway with store and hot water cupboard, large open plan living dining kitchen with Juliet balcony, principal bedroom with en suite, generous double bedroom two and separate shower room.
The Melton Court development is set back from Ashbourne Road behind secure vehicular and pedestrian gates leading to the residents car park where there is an allocated space and communal bin stores.
The city centre is a short distance away offering a superb range of retail and leisure outlets all accessed from the attractive Friar Gate area.
A superb apartment and position offered for sale with immediate vacant possession and no upward chain.
Accommodation -
Ground Floor - Communal entrance with stairs and mail boxes.
Second Floor - Off the main landing is a private lobby with front door leading into:
Entrance Hallway - A generous space being ‘L’ shaped with quality wood effect vinyl flooring, store cupboard and second cupboard housing hot water tank, telephone intercom and electric heater.
Living Dining Room - 6.48m x 4.60m (21'3" x 15'1") - A fantastic open plan space with ample provision for lounge and dining furniture, wood effect vinyl floor covering throughout, French doors opening as a Juliet balcony with an additional front facing window, two electric panel heaters and media connections. The kitchen is appointed with a range of fitted wall and base units having matching cupboard and fronts, laminate work surfaces and breakfast bar, matching splashback, inset stainless steel sink and drainer, electric oven, electric hob and extractor fan over, integrated fridge/freezer, washing machine included.
Bedroom One - 4.24m x 3.33m (13'11" x 10'11") - A spacious bedroom with rear facing double glazed window, wood effect vinyl flooring, electric heater.
En-Suite - Appointed with a white three piece suite comprising a panelled bath, wash hand basin and low-level WC, tiled floor and half tiled walls, inset ceiling spotlights and extractor fan, chrome towel heater.
Bedroom Two - 3.51m x 3.07m (11'6" x 10'1") - A second generous double bedroom also with a rear facing double glazed window, would effect vinyl flooring and electric heater.
Shower Room - 2.03m x 1.42m (6'8" x 4'8") - Appointed with a double width shower cubicle with sliding screen door and mains chrome shower, wash hand basin and low level WC, tiled floor and walls, inset ceiling spotlights and extractor fan, chrome towel heater.
Outside - The development is set back from Ashbourne Road behind secure vehicular and pedestrian gates leading to the residents car park where there is an allocated space and communal bin stores.
Leasehold - Lease is 999 years from 2006.
Service charge is currently £95 pcm.
No ground rent payable.
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