2 Bed Flat, Single Let, Derby, DE22 3BF £145,000

14, Melton Court Apartments, Ashbourne Road, Derby, DE22 3BF - 4 views - 8 months ago
Sold STC
Leasehold
BTL
74 m²
Property image
Property image
Property image
Property image

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

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£36,250

Stamp Duty & Legal Fees

£8,450

Total Cash In

£44,700

 

 

Cash Out

 

Rent Range

£503 - £1,295

Rent Estimate

£582

Running Costs/mo

£590

Cashflow/mo

£-8

Cashflow/yr

£-90

Gross Yield

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
Beds
 
£135K06/250.03 mi26, Mill Gate, Ashbourne Road, Derby DE22 3EB2
£135K06/250.03 mi26, Mill Gate, Ashbourne Road, Derby DE22 3EB2
£130K08/250.11 mi14, Melton Court Apartments, Ashbourne Road, Derby DE22 3BF2
£160K05/240.11 miWestgate, Flat 21, Mill Street, Derby DE1 1DH2
£42K11/220.14 miFlat 33, Eaton Court, Leaper Street, Derby, City Of Derby DE1 3NX2
£101.5K06/240.17 miCentro West, 50, Searl Street, Derby DE1 1BW2
£110K03/250.2 mi11, Leaper Street, Derby DE1 3ND2
£127.5K07/210.22 miApartment 2, Westpoint, Brook Street, Derby, City Of Derby DE1 3TE2
£75K09/240.22 mi5, St Annes Close, Derby DE1 3NE2
£85K10/210.26 mi12, Nuns Street, Derby, City Of Derby DE1 3LL2
£105K01/250.28 miFlat 10, The Maltings, Manchester Street, Derby DE22 3AU2
£105K01/250.28 miFlat 10, The Maltings, Manchester Street, Derby DE22 3AU2
£42.5K09/220.28 miFlat 5, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW2
£111K07/220.28 miFlat 41, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW2
£118K07/250.28 miFlat 12, 2 The Maltings, Manchester Street, Derby DE22 3AU2
£116K07/240.28 miAlexandra Mill, 31, Great Northern Road, Derby DE1 1LW2
£38K04/230.28 miFlat 31, Alexandra Mill, Great Northern Road, Derby, City Of Derby DE1 1LW2
£143K12/220.29 mi100, Bridge Street, Derby, City Of Derby DE1 3LF2
£146K08/220.29 miLongs Mill Brookbridge Court, 23, Brook Street, Derby DE1 3LG2
£150.3K04/250.29 mi21, Longs Mill Brookbridge Court, Brook Street, Derby DE1 3LG2
£150.3K04/250.29 mi21, Longs Mill Brookbridge Court, Brook Street, Derby DE1 3LG2
£110K06/240.3 miRowleys Mill, 26, Uttoxeter New Road, Derby DE22 3TJ2
£48K09/210.31 miFlat 27, Great Northern Point, Great Northern Road, Derby, City Of Derby DE1 1LZ2
£85K06/210.31 miFlat 5, Great Northern Point, Great Northern Road, Derby, City Of Derby DE1 1LZ2
£174K11/240.33 miWeavers Point, 9, Lodge Lane, Derby DE1 3HE2
£174K11/240.33 mi9, Weavers Point, Lodge Lane, Derby DE1 3HE2
£140K03/230.36 miFirst Floor Flat, 3, Friary Street, Derby, City Of Derby DE1 1JF2
£135K09/220.42 mi34, Kniveton Close, Derby, City Of Derby DE22 3BB2
£110K05/240.42 mi39, Kniveton Close, Derby, City Of Derby DE22 3BB2
£115K08/240.42 mi38, Kniveton Close, Derby DE22 3BB2
£110K05/240.42 mi39, Kniveton Close, Derby DE22 3BB2
£92.5K08/210.46 mi3, Jackdaw Close, Derby, City Of Derby DE22 3SY2
£122K01/250.48 miApartment 3, Hawthorn House, North Street, Derby DE1 3AZ2
£122K01/250.48 miApartment 3, Hawthorn House, North Street, Derby DE1 3AZ2
£47.5K10/240.5 miMillers Court, 5, Edward Street, Derby DE1 3BN2
£90K05/250.5 mi5, Millers Court, Edward Street, Derby DE1 3BN2
£136K06/210.53 mi103, Parliament Street, Derby, City Of Derby DE22 3RL2
£163.5K07/250.54 mi2b, Belper Road, Derby DE1 3EN2
£157K11/240.54 miThe School Yard, 8, Edward Street, Derby DE1 3BL2
£157K11/240.54 mi8, The School Yard, Edward Street, Derby DE1 3BL2
£91K07/240.56 mi21, Edensor Square, Derby DE22 3RQ2
£110K11/240.56 mi45, Arthur Hind Close, Derby DE22 1HS2
£110K11/240.56 mi45, Arthur Hind Close, Derby DE22 1HS2
£104K09/240.58 miMill Point, 48, Rowditch Place, Derby DE22 3LR2
£111K08/240.58 mi42, Mill Point, Rowditch Place, Derby DE22 3LR2
£109K10/220.59 miFlat 52, Mill Point, Rowditch Place, Derby, City Of Derby DE22 3LR2
£94K08/210.59 miFlat 6, Mill Point, Rowditch Place, Derby, City Of Derby DE22 3LR2
£97.5K10/240.6 mi26, St Marys Court, Derby DE1 3DD2
£79K08/250.62 mi1, Summerbrook Court, Derby DE22 3RR2
£123K03/250.63 miFlat 30, Parkland View, Bath Street, Derby DE1 3FG2

Local Rents

50 rents from £503/mo to £1.3K/mo, average is £820/mo.

Rent
Date
Distance
Address
Beds
 
£66003/240.01 miAshbourne Court, Derby, 2
£80007/250.01 miAshbourne Court, DERBY2
£85006/250.01 miAshbourne Court, Derby2
£80003/240.01 miAshbourne Court2
£80008/250.01 miAshbourne Court, Derby, DE1 1GH2
£80003/240.01 miAshbourne Court2
£50303/240.02 miFriar Gate2
£1,08303/240.03 miFriar Gate, Derby, Derbyshire, DE12
£62810/250.03 miFriar Gate, Derby, City Centre, DE12
£85010/250.03 miFriar Gate, Derby, City Centre, DE12
£85011/250.03 miFriar Gate, Derby, City Centre, DE12
£85005/250.03 miAshbourne Court, Derby2
£1,29504/250.03 mi-2
£92508/250.03 miMill Gate, Ashbourne Road, Derby2
£65008/250.04 miAshbourne Road, Derby, DE22 3FQ2
£1,09512/240.04 mi-2
£72510/250.05 miBrick Street, Derby, Derbyshire, DE12
£1,20503/240.05 miUttoxeter Old Road, Derby, 2
£77511/250.08 miBuckland Close, DERBY2
£92508/250.08 miRedshaw Street, Derby2
£81510/250.08 miMarkeaton Street, Derby2
£85004/240.09 miWestgate, Mill Street, Derby2
£75007/250.09 miMill Street, Derby, DE12
£1,10008/250.1 miMill Street, DERBY2
£1,10010/250.1 miMill Street, DERBY2
£82510/250.1 miMill Street, Derby, DE12
£80009/250.1 mi2 Bedroom Flat, Marsh FlatsMarkeaton Street, Derby Centre2
£79510/250.1 mi2 Bedroom Flat, Marsh FlatsMarkeaton Street, Derby Centre2
£72007/250.1 miApartment 6, Melton Court, 38 Ashbourne Road, Derby, DE22 3BF2
£67007/250.1 miApartment 24, Melton Court, Ashbourne Road, Derby, DE22 3BF2
£99504/240.1 miMill Street, Derby, DE12
£99504/240.1 miMill Street, Derby, DE12
£89504/240.1 miMill Street, Derby, DE12
£89506/250.1 miMill Street, Derby, DE12
£54210/250.1 miFriar Gate, Derby, DE1 1HF - Students 26/272
£77503/240.11 miYork Street, Derby, Derbyshire, DE1 1FZ2
£95008/250.11 miAshbourne Road, Derby, DE222
£79512/240.11 miApartment 15, Melton Court, 38 Ashbourne Road, Derby, DE22 3BF2
£79507/250.11 mi18 Melton Court, Ashbourne Road, Derby, DE22 3BF2
£1,15009/250.12 miNew Melton House, 38 Ashbourne Road, Derby, DE22 3AD2
£1,17510/250.12 miPenthouse, Westgate, Mill Street, Derby2
£55008/250.12 miAshbourne Road, Derby,2
£1,00012/240.12 mi-2
£85008/250.12 mi-2
£65008/250.12 miVicarage Place, Derby, DE222
£79508/250.12 mi8 Melton Court, Ashbourne Road, Derby, DE22 3BF2
£87507/250.12 miMelton Court, Ashbourne Road, Derby2
£67507/250.12 miVicarage Place, Ashbourne Road, Derby, DE22 3TU2
£80008/250.12 miAshbourne Road, Derby2
£90008/250.12 miAshbourne Road, DERBY2

Local Area Statistics

Population in DE22

45,976

Population in Derby

308,324

Town centre distance

0.99 miles away

Nearest school

0.10 miles away

Nearest train station

1.32 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-12%

Sales demand

Seller's market

Capital growth (5yrs)

+29%

Property History

Listed for £145,000

March 26, 2025

Floor Plans

Property image

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.

Agent Details

Boxall Brown & Jones, Derby

01332 215408

Next Steps?

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