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2 Bed Terraced House, Single Let, Derby, DE23 8TF, £65,000

71 Randolph Road, Derbyshire, DE23, DE23 8TF - 2 views - a month ago

Auction
BTL
ROI: 20%
61 m²
+6 photos

ValuationUndervalued

Sold Prices£45.1K - £167K
Sold Prices/m²£543/m² - £2.5K/m²

 

 

Square Metres

61 m²
Price/m²£1.1K/m²

Value Estimate

£80,092
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£16,250

Stamp Duty & Legal Fees

£4,450

Total Cash In

£20,700

 

 

Cash Out

 

Rent Range

£700 - £950

Rent Estimate

£719

Running Costs/mo

£367

Cashflow/mo

£352

Cashflow/yr

£4,225

ROI

20%

Gross Yield

13%

Local Sold Prices

50 sold prices from £45.1K to £167K, average is £103.5K. £543/m² to £2.5K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£112.8K06/230.06 mi24, Chatham Street, Derby, City Of Derby DE23 8TH2
£125K05/210.09 mi254, St Thomas Road, Derby, City Of Derby DE23 8SY2
£83K11/200.1 mi128, Cameron Road, Derby, City Of Derby DE23 8RS2
£83K11/200.1 mi128, Cameron Road, Derby, City Of Derby DE23 8RS2
£90K03/210.12 mi36, Brunswick Street, Derby, Derbyshire DE23 8TP2
£120K06/230.14 mi100, Sutherland Road, Derby, City Of Derby DE23 8RW2
£115K12/220.17 mi50, Newdigate Street, Derby, City Of Derby DE23 8UY2
£150K11/220.21 mi72, Balfour Road, Derby, City Of Derby DE23 8UN2
£125K10/210.21 mi2, Laurel Bank, Derby, City Of Derby DE23 8UE2
£100K11/210.21 mi9, Laurel Bank, Derby, Derbyshire DE23 8UE2
£167K11/220.22 mi23, Underhill Avenue, Derby, City Of Derby DE23 8WD2
£112.5K02/230.23 mi44, Middleton Street, Derby, City Of Derby DE23 8QJ2
£120K05/230.23 mi134, Rutland Street, Derby, City Of Derby DE23 8PS2
£75K01/210.25 mi75, Violet Street, Derby, City Of Derby DE23 8SR2
£145K06/230.25 mi49, Stenson Road, Derby, City Of Derby DE23 1JD2
£83K08/230.26 mi115, Portland Street, Derby, City Of Derby DE23 8QD2
£84K04/210.28 mi91, Harrington Street, Pear Tree, Derby, City Of Derby DE23 8PB2
£125K03/230.28 mi67, Harrington Street, Pear Tree, Derby, City Of Derby DE23 8PB2
£107.5K06/210.29 mi78, Vincent Street, Derby, City Of Derby DE23 8BU2
£102K01/210.3 mi12, Birdwood Street, Derby, City Of Derby DE23 8BW2
£90K12/200.3 mi40, Goodale Street, Derby, City Of Derby DE23 8QE2
£65K11/200.31 mi100, Crewe Street, Derby, Derbyshire DE23 8QP2
£89K11/200.31 mi14, Lewis Street, Derby, City Of Derby DE23 8BX2
£151K06/230.32 mi121, Peartree Crescent, Derby, City Of Derby DE23 8RQ2
£115K04/210.32 mi89, Peartree Crescent, Derby, City Of Derby DE23 8RQ2
£135K11/200.32 mi4, Park Hill Drive, Derby, City Of Derby DE23 8AA2
£99K11/200.32 mi14, Willn Street, Derby, City Of Derby DE23 8QS2
£153K09/210.33 mi5, Park Hill Drive, Derby, City Of Derby DE23 8AA2
£105K07/210.33 mi56, Lewis Street, Derby, City Of Derby DE23 8BY2
£45.1K12/210.33 mi66, Lewis Street, Derby, City Of Derby DE23 8BY2
£144K05/230.36 mi155, Upper Dale Road, Derby, City Of Derby DE23 8BP2
£130K07/210.37 mi128, Balfour Road, Derby, City Of Derby DE23 8UQ2
£78K03/210.39 mi93, Princes Street, Derby, City Of Derby DE23 8NS2
£79K03/210.39 mi57, Princes Street, Derby, Derbyshire DE23 8NS2
£72.5K11/200.39 mi8, Hastings Street, Derby, City Of Derby DE23 6QQ2
£116K02/230.42 mi17, Rutland Street, Derby, City Of Derby DE23 8PQ2
£100K09/210.43 mi74, Clarence Road, Derby, City Of Derby DE23 6LQ2
£75K09/210.43 mi23, Holcombe Street, Derby, City Of Derby DE23 8HZ2
£114K02/230.44 mi10, Holcombe Street, Derby, City Of Derby DE23 8HZ2
£82K10/200.45 mi58, Dale Road, Derby, City Of Derby DE23 6QW2
£88K03/210.46 mi42, Stanton Street, Derby, City Of Derby DE23 6ND2
£92K01/210.46 mi20, Almond Street, Derby, City Of Derby DE23 6LW2
£157K06/230.46 mi43, Richmond Road, Derby, City Of Derby DE23 8PY2
£116K02/210.47 mi115, Dairyhouse Road, Derby, City Of Derby DE23 8HQ2
£78K03/210.48 mi217, Shaftesbury Crescent, Derby, City Of Derby DE23 8NA2
£75K05/210.48 mi211, Shaftesbury Crescent, Derby, City Of Derby DE23 8NA2
£125K07/230.5 mi139, Leacroft Road, Derby, City Of Derby DE23 8HY2
£105K03/210.5 mi111, Leacroft Road, Derby, City Of Derby DE23 8HY2
£87K01/230.61 mi51, Cummings Street, Derby, City Of Derby DE23 6WX2
£60K09/210.61 mi17, Fleet Street, Derby, City Of Derby DE23 8GU2

Local Rents

43 rents from £700/mo to £950/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£79512/240.06 mi-2
£72503/240.07 miSackville Street, Derby2
£79502/250.1 mi-2
£75003/240.12 miBrunswick Street 2
£85002/240.14 mi-2
£85012/240.14 mi-2
£87512/240.14 mi-2
£87501/250.14 mi-2
£85002/250.14 mi-2
£85002/250.14 mi-2
£85001/250.14 mi-2
£87001/250.14 mi-2
£87502/250.14 mi-2
£82003/250.17 mi-2
£82003/250.17 mi-2
£82511/240.17 mi-2
£77503/240.17 miNewdigate Street,2
£77504/240.17 miNewdigate Street,2
£75003/240.21 miBalfour Road, Derby, Derbyshire, DE232
£72503/240.21 miBalfour Road, Derby2
£73503/250.26 mi-2
£87001/240.27 mi-2
£87004/240.27 mi-2
£89001/250.27 mi-2
£89004/250.27 mi-2
£85012/240.31 mi-2
£79504/240.31 miLewis Street, Derby2
£80003/240.37 miSt. James Road, DERBY2
£95005/240.37 mi-2
£75002/250.41 mi-2
£89001/240.42 mi-2
£87512/240.42 miRutland Street2
£80001/250.43 mi-2
£70003/240.43 miBelvoir Street, Derby, Derbyshire2
£80011/240.44 mi-2
£85003/240.46 miAlmond Street2
£87503/250.51 mi-2
£82503/240.52 miShaftesbury Crescent, DERBY2
£77503/240.52 miShaftesbury Crescent, Derby, DE23 8LZ2
£90012/240.6 mi-2
£85004/240.6 miDarby Street, Derby, DE232
£85004/240.6 miDarby Street, Derby, DE232
£85005/240.6 mi-2

Links

Local Area Statistics

Population in DE23

59,979

Population in Derby

308,324

Town centre distance

1.05 miles away

Nearest school

0.20 miles away

Nearest train station

0.37 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £65,000

March 28, 2025

Floor Plans

Description

Key Features
  • Lot 167 for sale by auction on 16/04/2025
  • To view the property or see a virtual tour please refer to the full sales particulars on the auctioneers website
  • Ground Floor - Two Reception Rooms, Kitchen
  • First Floor - Two Bedrooms, Bathroom
  • Rear Garden
  • Approximate GIA 59 sq m (635 sq ft)
  • Peartree Rail Station is approximately 0.5 miles to the south east
  • The shops and amenities of Derby are to the north
  • Virtual tour is below
Key Locations
  • Located on the south side of Randolph Road to the west of its junction with Chatham Street
  • The shops and amenities of Derby are to the north
  • Peartree Rail Station is approximately 0.5 miles to the south east
  • A5111 to the south
  • Normanton Park to the north west
Additional Information
  • The Vendor will not accept offers prior to auction
Viewings

  • The property will be open for viewing on Wednesday 2nd April, Friday 4th April and Friday 11th April between 12:45 - 1:15 p.m. These are open viewing times with no need to register.

    If you cannot attend the viewing you are advised to view the images and any available virtual tour on our website before bidding.

Agent Details

Allsop, Auction

020 3879 5993

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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