2 Bed Terraced House, Planning Permission, Derby, DE21 4FQ, £170,000

Hexham Walk, DE21 4FQ - 25 days ago

Planning
ROI: 1%
~68 m²
+9 photos

ValuationOvervalued

Sold Prices£80.5K - £235K
Sold Prices/m²£1.5K/m² - £4.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.5K/m²

Value Estimate

£157,951

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£10,600

Total Cash In

£53,100

 

 

Cash Out

 

Rent Range

£725 - £925

Rent Estimate

£725

Running Costs/mo

£696

Cashflow/mo

£29

Cashflow/yr

£345

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £80.5K to £235K, average is £145K. £1.5K/m² to £4.5K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£119K07/210.07 mi20, Sandringham Road, Derby, City Of Derby DE21 4EY2
£132.5K10/210.09 mi156, St Andrews View, Derby, City Of Derby DE21 4EU2
£126.5K07/210.09 mi164, St Andrews View, Derby, City Of Derby DE21 4EU2
£130K11/200.09 mi17, Welshpool Road, Derby, City Of Derby DE21 4DB2
£157K09/210.1 mi3, Rothbury Place, Derby, City Of Derby DE21 4EX2
£145K01/230.11 mi206, St Andrews View, Derby, City Of Derby DE21 4EW2
£130K11/210.12 mi2, Oakham Close, Derby, City Of Derby DE21 4DE2
£155K02/230.12 mi108, St Andrews View, Derby, City Of Derby DE21 4ET2
£105K12/200.12 mi116, St Andrews View, Derby, City Of Derby DE21 4ET2
£106K02/210.12 mi122, St Andrews View, Derby, City Of Derby DE21 4ET2
£135K01/210.13 mi31, Grantham Avenue, Derby, City Of Derby DE21 4FG2
£80.5K03/210.14 mi38, Scarborough Rise, Derby, City Of Derby DE21 4DG2
£119K12/200.16 mi53, Perth Street, Derby, City Of Derby DE21 4BQ2
£108K12/200.19 mi40, Hornsea Road, Derby, City Of Derby DE21 4BT2
£235K12/220.25 mi24, Amesbury Lane, Oakwood, Derby, City Of Derby DE21 2LX2
£151K07/230.31 mi25, Burdock Close, Oakwood, Derby, City Of Derby DE21 2BX2
£145K06/230.31 mi19, Dawsmere Close, Derby, City Of Derby DE21 4SE2
£170K03/230.32 mi2, Minster Road, Oakwood, Derby, City Of Derby DE21 2BH2
£138K11/210.33 mi7, Attlebridge Close, Derby, City Of Derby DE21 4SP2
£165K06/230.33 mi1, Attlebridge Close, Derby, City Of Derby DE21 4SP2
£155K10/210.34 mi32, Chandlers Ford, Oakwood, Derby, City Of Derby DE21 2LZ2
£192.5K07/230.34 mi4, Paddock Croft, Oakwood, Derby, City Of Derby DE21 2NA2
£150K03/230.35 mi105, Old Mansfield Road, Derby, City Of Derby DE21 4SA2
£170K11/220.35 mi6, Bilberry Close, Oakwood, Derby, City Of Derby DE21 2WB2
£185K02/230.36 mi6, Cresta Grove, Oakwood, Derby, City Of Derby DE21 2WD2
£165K04/210.39 mi22, Lashley Gardens, Oakwood, Derby, City Of Derby DE21 2UR2
£165K05/230.41 mi3, Blackthorn Close, Oakwood, Derby, City Of Derby DE21 2DL2
£170K05/230.44 mi33, Keyhaven Close, Derby, City Of Derby DE21 4SQ2
£129K10/210.44 mi17, Keyhaven Close, Derby, City Of Derby DE21 4SQ2
£147K08/210.44 mi31, Keyhaven Close, Derby, Derbyshire DE21 4SQ2
£191.5K01/230.45 mi176, Matlock Road, Chaddesden, Derby, City Of Derby DE21 4QB2
£157.5K01/210.46 mi9, Rye Close, Oakwood, Derby, City Of Derby DE21 2BU2
£227K12/200.51 mi8, Calver Close, Oakwood, Derby, Derbyshire DE21 2BT2
£205K11/210.52 mi9, Morefern Drive, Oakwood, Derby, City Of Derby DE21 2JE2
£129.9K02/210.55 mi76, Matlock Road, Chaddesden, Derby, City Of Derby DE21 4QE2
£122.5K12/220.55 mi110, Matlock Road, Chaddesden, Derby, City Of Derby DE21 4QE2
£180K04/230.56 mi308, Bishops Drive, Oakwood, Derby, City Of Derby DE21 2DR2
£112K12/200.56 mi89, Wingfield Drive, Chaddesden, Derby, City Of Derby DE21 4PX2
£91K12/200.58 mi75, Radnor Street, Derby, City Of Derby DE21 6EB2
£140K08/230.6 mi167, Wood Road, Chaddesden, Derby, City Of Derby DE21 4PJ2
£125K03/210.6 mi254, Wood Road, Chaddesden, Derby, City Of Derby DE21 4PJ2
£112.5K06/210.6 mi3, Norwich Street, Derby, City Of Derby DE21 6GN2
£128.3K11/210.6 mi24, Norwich Street, Derby, City Of Derby DE21 6GN2
£153K11/210.6 mi135, Bishops Drive, Oakwood, Derby, City Of Derby DE21 2DW2
£135K12/220.61 mi12, Pembroke Street, Derby, City Of Derby DE21 6ED2
£130K03/230.65 mi170, Cowsley Road, Derby, City Of Derby DE21 6EG2
£234K05/230.68 mi14a, Bryony Close, Oakwood, Derby, City Of Derby DE21 2DP2
£145K11/210.68 mi2, Chinley Road, Chaddesden, Derby, City Of Derby DE21 4PU2
£155K03/210.69 mi105, Max Road, Chaddesden, Derby, City Of Derby DE21 4GZ2
£150K09/210.71 mi24, Meadowlark Grove, Oakwood, Derby, City Of Derby DE21 2TT2

Local Rents

12 rents from £725/mo to £925/mo, average is £813/mo.

RentDateDistanceAddressBeds 
£85012/240.25 miAmesbury Lane, Oakwood, Derby, Derbyshire2
£92501/240.28 mi-2
£79502/240.31 mi-2
£72512/240.38 mi-2
£72512/240.38 miWalsham Court, Derby, DE212
£72502/250.38 mi-2
£85012/240.39 miLashley Gardens, Oakwood, Derby, Derbyshire, DE212
£75012/240.39 miAlder Close, Derby, DE212
£92504/250.42 mi-2
£85012/240.42 miBlackthorn Close, Oakwood, Derby2
£80012/240.48 mi-2
£82504/250.53 mi-2

Local Area Statistics

Population in DE21

57,023

Population in Derby

308,324

Town centre distance

2.07 miles away

Nearest school

0.20 miles away

Nearest train station

1.86 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

0%

Sales demand

Seller's market

Capital growth (5yrs)

+37%

Property History

Listed for £170,000

April 5, 2025

Floor Plans

Description

  • End Of Terrace Home Occupying An Excellent Plot +
  • Potential To Extend Or Build (Subject To Necessary Planning) +
  • Awaiting Rating, Wimpey No Fines Construction +
  • Council Tax Band A, Freehold +
  • Ample Off Road Parking +
  • Modern Shower Room +
  • Utility Area +
  • Gas Central Heating & Double Glazing +
  • Viewing Advised +

A two double bedroomed end terrace property occupying a generous plot with excellent potential to extend or a potential building plot, subject to necessary planning permission/building regulations). The property is available with no upward chain and viewing is recommended.

The property benefits from gas fired central heating, UPVC double glazing and briefly comprises:- entrance lobby, bay fronted lounge, dining kitchen and side entrance lobby/utility.

To the first floor the landing provides access to two double bedrooms and refitted shower room with a three piece suite.

Outside, the property occupies a larger than average plot with gardens to front and rear elevations. There is also extensive off road parking for a number of vehicles which is accessed via Grantham Avenue.

Hexham Walk is well situated for local amenities including shops, schools and transport links together with excellent road links for the A52, M1 motorway, A50 and Nottingham East Midlands Airport.

Agent Details

Hannells Estate Agents, Chaddesden

01332 215192

Next Steps?

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