Gower Street, Derby, DE1
BE

Gower Street, Derby, DE1

By Belvior - Elder and Twells

£ 69,950

Reviews

2 out of 5 stars

Belvior - Elder and Twells says ..

Investment Opportunity - Immediate income with tenant in situ generating a rental income of £9,000 per annum.  A two bedroom apartment in the Prosperity House Development. Located in the heart of the city centre this apartment is  ideally suited with only a short walk to shoppi...

Property Oracle says ..

This one-bedroom apartment in Derby’s Arboretum area presents a potentially attractive option for first-time buyers or investors. The property boasts a modern kitchen and bathroom, as shown in the provided images, suggesting a recent renovation or well-maintained condition. Its central location offers convenient access to Derby city centre, which is beneficial for commuting and accessing amenities. The proximity to several schools is also a positive aspect for families. However, some crucial information is missing. Notably, the lack of square footage for the property and the plot, which is essential to making an informed assessment of price per square foot and overall value. Additionally, the property’s precise location within the Arboretum area isn’t specified, which could influence its desirability and, hence, its value. The available data indicates comparable properties in the area range from £40,000 to over £100,000, therefore this property appears relatively priced. Nevertheless, more details are necessary to fully assess the price’s fairness and the property’s overall value.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
7
Location
7
Land
1
Bedrooms
1
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
241,538.00 £
Increased by 19.85 %
from 201,530.00 £
Average area rental value
906.00 £/mo
Increased by 1.12 %
from 896.00 £/mo
Est rental Yield
4.50 %
Decreased by 15.73 %
from 5.34 %
Crime Rate
24.00 %
Unchanged by 0.00 %
from 24.00 %

Agent Activity

  • Belvior - Elder and Twells created the listing.

Nearby Schools

NameTypeOfstedDistance
St James' Church Of England Aided Infant SchoolVoluntary Aided SchoolGood0.78 KM
Becket Children'S CentreChildren's Centre0.79 KM
St Joseph'S Catholic Voluntary AcademyAcademy Converter0.81 KM
Becket Primary SchoolCommunity SchoolGood0.91 KM
Landau Forte CollegeAcademy Sponsor LedOutstanding0.94 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Lara Croft Way £ 000.00 KM
Albert Street £ 000.00 KM
The Spot £ 000.00 KM
Exchange Street £ 000.00 KM
Sadlergate Bridge £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Derby1823DBY1.59 KM
Peartree1687PEA2.58 KM
Spondon1699SPO7.37 KM
Duffield1691DFI7.69 KM

Nearby Listings

AddressPriceTypeScoreDistance
Gower Street, Derby £ 85,000BUY6 / 100.00 KM
Gower Street, Derby, DE1 £ 69,950BUY5 / 100.00 KM
Prosperity House, Gower Street, Derby, Derbyshire, DE1 £ 100,000BUY5 / 100.00 KM
Gower Street, Derby, Derbyshire, DE1 £ 40,000BUYUnknown0.00 KM
Gower Street, Derby £ 75,000BUY6 / 100.00 KM

Nearby Properties

AddressPriceDistance
57 Green Lane £ 246,0000.11 KM
78 Green Lane £ 70,5000.12 KM
80 Green Lane £ 167,5000.12 KM
90 Green Lane £ 185,0000.12 KM
86 Green Lane £ 149,0000.12 KM