Ashley Adams says ..
An excellent opportunity for a buyer to let investor ( tenant in situ at £600 PCM ) of first time buyer to acquire a spacious one bedroom apartment in the heart of the popular Cathedral Quarter area of the City.
Property Oracle says ..
This property is a one-bedroom apartment located on Queen Street in the Arboretum area of Derby. The apartment appears to be reasonably well-maintained, as shown in the provided photographs. Its location in the Arboretum area offers proximity to Derby city centre, transport links, and a selection of schools. The apartment benefits from a central location within Derby. However, further investigation into the specifics of the local amenities and a comparison with similar properties, along with the availability of similar properties in the area, would facilitate a more in-depth assessment of its value. The lack of external space is a significant factor to consider, but typical for apartment living in the city center. The list price should be considered within the context of similar properties sold in the surrounding area and the current market conditions in Derby. The current state of the market will determine its competitiveness. Overall, the property presents as a reasonable option for a first-time buyer or investor, but a thorough survey and market research are recommended before committing to a purchase.
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
- 7
- Condition
- 6
- Location
- 7
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 530.64
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 %
- Est sale value
- 168,212.88 £Increased by 20.99 %
- Average area rental value
- 906.00 £/moIncreased by 1.12 %
- Est letting value
- 530.64 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.50 %Decreased by 15.73 %
- Crime Rate
- 9.00 %Unchanged by 0.00 %
Agent Activity
Ashley Adams created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Landau Forte College | Academy Sponsor Led | Outstanding | 0.62 KM |
| St Mary'S Catholic Voluntary Academy | Academy Converter | 0.76 KM | |
| Central Community Nursery School | Local Authority Nursery School | Good | 0.82 KM |
| West End Children'S Centre | Children's Centre | 0.91 KM | |
| The Kingsmead School | Pupil Referral Unit | Good | 0.93 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Sowter Road | £ 170,000 | 0 | 0.00 KM |
| Sadlergate Bridge | £ 0 | 0 | 0.00 KM |
| Saint Mary's Court | £ 0 | 0 | 0.00 KM |
| Sant Alkmund's Green Open Space | £ 0 | 0 | 0.00 KM |
| Riverside Path | £ 115,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Derby | 1823 | DBY | 1.90 KM |
| Peartree | 1687 | PEA | 3.16 KM |
| Duffield | 1691 | DFI | 7.11 KM |
| Spondon | 1699 | SPO | 7.57 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Queen Street, Derby | £ 89,950 | BUY | 5 / 10 | 0.00 KM |
| Queen Street, Derby | £ 75,000 | BUY | 5 / 10 | 0.00 KM |
| St. Marys Gate, Derby, DE1 | £ 245,000 | BUY | 4 / 10 | 0.09 KM |
| St Marys Gate, Derby, Derbyshire | £ 275,000 | BUY | 6 / 10 | 0.10 KM |
| St Mary's Gate, Derby, City Of Derby | £ 215,000 | BUY | 6 / 10 | 0.10 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 36 Sadler Gate | £ 20,000 | 0.26 KM |
| 8 Handyside Street | £ 119,000 | 0.33 KM |
| 1 Handyside Street | £ 100,000 | 0.33 KM |
| 2 Handyside Street | £ 152,000 | 0.33 KM |
| 28 Handyside Street | £ 96,000 | 0.33 KM |