Merchant Street, Derby, DE22
NI

Merchant Street, Derby, DE22

By Nicholas Humphreys

£ 145,000

Reviews

3 out of 5 stars

Nicholas Humphreys says ..

Nicholas Humphrey's are pleased to present this well spaced 2 bedroom terraced property.An ideal investment opportunity as the property has tenancy's secured and in place.

Property Oracle says ..

The property is a two-bedroom terraced house located on Merchant Street in Derby. The location benefits from being close to several schools, including Ashgate Primary School (rated Good by Ofsted) and several other schools within a kilometer radius. Transport links appear reasonable with several train stations within a few kilometers. The property itself is a terraced house, and while the provided images do not show the interior, the exterior suggests it may be in need of some modernisation or cosmetic work. The list price of £145,000 is significantly below the average price for the area (£288,908), however, this may be justified given the property’s apparent condition and size. More information on square footage would be needed to make a more informed judgment on price per square foot.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
6
Location
7
Land
3
Bedrooms
2
Bathrooms
1

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
336,500.00 £
Increased by 36.08 %
from 247,276.00 £
Average area rental value
843.00 £/mo
Increased by 29.29 %
from 652.00 £/mo
Est rental Yield
3.01 %
Decreased by 4.75 %
from 3.16 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Nicholas Humphreys created the listing.

Nearby Schools

NameTypeOfstedDistance
Ashgate Primary SchoolCommunity SchoolGood0.13 KM
Jasmine Hall SchoolOther Independent Special School0.19 KM
Ashgate Nursery SchoolLocal Authority Nursery SchoolGood0.30 KM
Whitecross Nursery SchoolLocal Authority Nursery SchoolOutstanding0.59 KM
Derby Cathedral SchoolFree Schools0.61 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Noel Street £ 000.00 KM
Stepping Close £ 000.00 KM
Markeaton Brook Walk £ 000.00 KM
Saint John's Terrace £ 000.00 KM
Newton's Walk £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Derby1823DBY3.64 KM
Peartree1687PEA4.08 KM
Duffield1691DFI6.92 KM
Spondon1699SPO9.38 KM

Nearby Listings

AddressPriceTypeScoreDistance
Merchant Street, Derby, DE22 £ 270,000BUY6 / 100.00 KM
Merchant Street, Derby, DE22 £ 145,000BUY6 / 100.00 KM
Merchant Street, Derby £ 165,000BUYUnknown0.00 KM
Merchant Street, Derby £ 145,000BUYUnknown0.05 KM
Shaw Street, Derby £ 170,000BUY6 / 100.05 KM

Nearby Properties

AddressPriceDistance
1 Merchant Street £ 100,0000.00 KM
22 Merchant Street £ 35,0000.00 KM
18 Merchant Street £ 132,5000.00 KM
11 Merchant Street £ 73,0000.00 KM
4 Merchant Street £ 105,0000.00 KM