4 Bed Terraced House, Single Let, Derby, DE24 9LY, £150,000

Islay Road, Sinfin, Derby, DE24 9LY - 4 views - 2 months ago

Sold STC
BTL
ROI: 5%
~129 m²
+12 photos

ValuationUndervalued

Sold Prices£135K - £360K
Sold Prices/m²£1.5K/m² - £3.3K/m²

 

 

Square Metres

~129.26 m²
Price/m²£1.2K/m²

Value Estimate

£196,800
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£6,000

Total Cash In

£43,500

 

 

Cash Out

 

Rent Range

£800 - £8,333

Rent Estimate

£875

Running Costs/mo

£664

Cashflow/mo

£211

Cashflow/yr

£2,535

ROI

6%

Gross Yield

7%

Local Sold Prices

29 sold prices from £135K to £360K, average is £270K. £1.5K/m² to £3.3K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£135K03/210.23 mi29, Wordsworth Avenue, Sinfin, Derby, City Of Derby DE24 9HQ4
£265K02/210.37 mi14, Lawnlea Close, Sunnyhill, Derby, City Of Derby DE23 1XQ4
£270K05/210.37 mi9, Lawnlea Close, Sunnyhill, Derby, City Of Derby DE23 1XQ4
£305K11/200.38 mi42, Breedon Avenue, Littleover, Derby, City Of Derby DE23 1LR4
£260K03/210.4 mi2, Witton Court, Stenson Fields, Derby, Derbyshire DE24 3HX4
£215K04/210.47 mi41, Glenmore Drive, Stenson Fields, Derby, Derbyshire DE24 3HT4
£282K11/220.5 mi16, Glencroft Drive, Stenson Fields, Derby, Derbyshire DE24 3LE4
£325K12/220.51 mi5, Glencroft Drive, Stenson Fields, Derby, Derbyshire DE24 3LS4
£234K10/210.52 mi192, Coleridge Street, Derby, City Of Derby DE23 1JX4
£268K08/210.54 mi8, Staunton Avenue, Sunnyhill, Derby, City Of Derby DE23 1JW4
£240K12/200.54 mi2, Staunton Avenue, Sunnyhill, Derby, City Of Derby DE23 1JW4
£254K05/210.57 mi11, Vetchfield Close, Sinfin, Derby, City Of Derby DE24 3LD4
£218K03/210.57 mi431, Stenson Road, Derby, City Of Derby DE23 1HE4
£318K12/220.59 mi1, Cobham Close, Stenson Fields, Derby, Derbyshire DE24 3JL4
£293K04/230.62 mi3, Coltsfoot Drive, Sinfin, Derby, City Of Derby DE24 3LB4
£262.5K02/210.62 mi60, Pilgrims Way, Stenson Fields, Derby, Derbyshire DE24 3JG4
£275K06/230.63 mi89, Pilgrims Way, Stenson Fields, Derby, Derbyshire DE24 3JQ4
£222.5K02/210.64 mi8, Cloverdale Drive, Sinfin, Derby, City Of Derby DE24 3JP4
£210K03/210.67 mi7, Maple Avenue, Littleover, Derby, City Of Derby DE23 1QB4
£202K12/200.72 mi7, Quick Hill Road, Stenson Fields, Derby, Derbyshire DE24 3JB4
£275K07/230.74 mi39, Goathland Road, Stenson Fields, Derby, Derbyshire DE24 3BW4
£290K06/230.77 mi180, Wragley Way, Stenson Fields, Derby, Derbyshire DE24 3DZ4
£285K12/200.79 mi196, Blagreaves Lane, Littleover, Derby, City Of Derby DE23 1PU4
£320K04/230.83 mi11, Corfe Close, Littleover, Derby, City Of Derby DE23 1HW4
£257K05/210.84 mi11, Elwick Road, Derby, Derbyshire DE24 3GL4
£295K03/210.91 mi1, Foxtail Close, Stenson Fields, Derby, Derbyshire DE24 3FT4
£360K01/230.91 mi248, Stenson Road, Derby, City Of Derby DE23 1JL4
£277K02/210.93 mi153, Blagreaves Lane, Littleover, Derby, City Of Derby DE23 1PY4
£290K10/210.99 mi4, Eastbrae Road, Sunnyhill, Derby, City Of Derby DE23 1WA4

Local Rents

27 rents from £800/mo to £8.3K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£95012/240.07 miRona Close, Sinfin, Derby, Derbyshire, DE24 9LE3
£1,10001/250.14 mi-3
£80012/240.14 miAviemore Way, Sinfin, Derby, Derbyshire3
£87512/240.17 miStroma Close, Sinfin, Derby, Derbyshire3
£90001/240.18 mi-3
£1,50012/230.18 mi-4
£95012/240.21 miArkle Green, Sinfin, DERBY3
£1,09503/250.34 mi-3
£1,09503/250.34 mi-3
£99502/250.38 miMimosa Crescent, Sunnyhill, Derby, Derbyshire, DE23 1WP3
£1,19512/240.4 miWitton Court, Stenson Fields, DE243
£1,25003/250.43 mi-3
£1,10003/240.45 miAngelica Close, Littleover, Derby3
£99503/240.46 miStenson Road, Littleover3
£1,20012/240.5 miGlencroft Drive, Derby - Available April4
£1,10003/240.54 miInstow Drive, Sunnyhill, DERBY3
£1,10003/240.54 miInstow Drive, Sunnyhill3
£92502/240.54 mi-3
£8,33302/240.55 mi-20
£8,33302/240.55 mi-20
£8,33312/240.55 miShakespeare Street, Sinfin, Derby, DE2420
£1,20003/240.55 miSunnyhill Avenue4
£99504/240.55 miSunnyhill Avenue, Sunnyhill3
£99504/240.55 miSunnyhill Avenue, Sunnyhill3
£1,05003/240.55 miHartland Drive, Sunnyhill, Derby3
£1,10012/240.57 miBuckthorn Close, Stenson Fields3
£1,27512/240.58 miTregony Way, Stenson Fields3

Local Area Statistics

Population in DE24

54,396

Population in Derby

308,324

Town centre distance

2.42 miles away

Nearest school

0.20 miles away

Nearest train station

1.34 miles away

 

 

Rental demand

Landlord's market

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Price changed to £150,000

February 4, 2025

Price changed to £155,000

January 31, 2025

Listed for £160,000

January 21, 2025

Floor Plans

Description

  • Mid-Town House +
  • Four Bedrooms +
  • Lounge, Dining Room & Kitchen +
  • Ground Floor WC & First Floor Bathroom +
  • Close to Amenities & Rolls Royce +
  • Ideal Family Home & First Time Buy +
  • Viewing Advised +

SUMMARY
An excellent opportunity to purchase a spacious four bedroom mid-town house in Sinfin ideally suited to a large family for first time buyer.

DESCRIPTION
An excellent opportunity to purchase a spacious mid-town house in Sinfin ideally suited to a large family for first time buyer. The accommodation comprises a hallway, ground floor WC, kitchen, separate dining room, lounge, four first floor bedrooms and bathroom. Outside can be found a rear garden and communal parking. The property is well placed for access to local amenities, schools and Rolls Royce. Internal viewing advised.

Entrance Hallway 
Accessed via entrance door with stairs to the first floor and doors off to:-

Ground Floor W.C 
Having low level W.C, wash hand basin and double glazed window to the front.

Lounge 10' 8" x 15' 10" ( 3.25m x 4.83m )
Having double glazed windows to the front and rear, gas central heating radiator and TV point.

Dining Room 9' 8" x 12' 6" ( 2.95m x 3.81m )
Having double glazed window to the rear, gas central heating radiator and open access to the kitchen.

Kitchen 8' 9" x 12' 5" ( 2.67m x 3.78m )
Having wall and base units with work surfaces incorporating a sink and drainer, cooker point, plumbing for washing machine, space for fridge/ freezer, double glazed window and door giving access to the garden.

First Floor Landing  
Having two storage cupboard and double glazed window to the front.

Bedroom One 8' 7" x 15' 10" ( 2.62m x 4.83m )
Having double glazed window and gas central heating radiator.

Bedroom Two 8' x 7' 3" ( 2.44m x 2.21m )
Having double glazed window and gas central heating radiator.

Bedroom Three 6' 3" x 8' 5" ( 1.91m x 2.57m )
Having double glazed window and gas central heating radiator.

Bedroom Four 5' 10" x 9' 11" ( 1.78m x 3.02m )
Having double glazed window and gas central heating radiator.

Bathroom 
Having a three piece suite comprising of bath, low level W.C and wash hand basin, gas central heating radiator and double glazed window.

Outside 
To the rear of the property can be found a pleasant enclosed garden area where there is communal parking for residents.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. These particulars do not constitute part or all of an offer or contract.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Potential buyers are advised to recheck the measurements before committing to any expense.
5. Burchell Edwards has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6. Burchell Edwards has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Ashley Adams, Derby

01332 215448

Next Steps?

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