Ashley Adams says ..
An excellent opportunity to purchase a one bedroom flat close to Derby City ideally suited to a first time buyer or buy to let investor.
Property Oracle says ..
This one-bedroom flat located on Osmaston Road in Derby’s Arboretum area presents a mixed picture. Its proximity to Derby city centre and local amenities, coupled with nearby schools, offers a convenient location. However, the property’s condition requires immediate attention. The photographs clearly indicate the need for extensive renovations in both the kitchen and bathroom, and there are some concerns about potential damp issues. The property also lacks a garden or any significant private outdoor space. The listed price of £80,000, while potentially affordable for some buyers, needs careful consideration regarding the costs of modernisation and the overall lack of features. A thorough survey is essential before any purchase to accurately determine the scope of renovation required and the true cost involved. Potential buyers should carefully weigh the advantages of the location against the considerable investment required for renovation, and compare the property to similar, better-maintained properties in the area to ensure that they are making a sound investment.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 4
- Location
- 6
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 645.83
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
- 204,728.11 £Increased by 20.99 %
- Average area rental value
- 906.00 £/moIncreased by 1.12 %
- Est letting value
- 645.83 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.50 %Decreased by 15.73 %
- Crime Rate
- 4.00 %Unchanged by 0.00 %
Agent Activity
Ashley Adams created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Rosehill Infant And Nursery School | Community School | Good | 0.13 KM |
| St James' Church Of England Aided Junior School | Academy Converter | 0.20 KM | |
| St James' Church Of England Aided Infant School | Voluntary Aided School | Good | 0.46 KM |
| Castleward Spencer Academy | Free Schools | 0.73 KM | |
| Arboretum Primary School | Academy Converter | 0.95 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Rauche Court | £ 0 | 0 | 0.00 KM |
| Florence Drive | £ 250,000 | 0 | 0.00 KM |
| Haslemere Court | £ 90,000 | 0 | 0.00 KM |
| Bilsborrow Avenue | £ 192,200 | 0 | 0.00 KM |
| Alexandra Gardens | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Derby | 1823 | DBY | 0.77 KM |
| Peartree | 1687 | PEA | 1.82 KM |
| Spondon | 1699 | SPO | 6.43 KM |
| Duffield | 1691 | DFI | 8.60 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Osmaston Road, Derby | £ 80,000 | BUY | 4 / 10 | 0.00 KM |
| Osmaston Road, Derby, Derbyshire, DE1 | £ 136,950 | BUY | Unknown | 0.00 KM |
| Reginald Street, Derby | £ 140,000 | BUY | 6 / 10 | 0.12 KM |
| Keble Close, Derby, Derbyshire | £ 120,000 | BUY | 6 / 10 | 0.17 KM |
| Reginald Street, Derby | £ 100,000 | BUY | 6 / 10 | 0.20 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 1 Keble Close | £ 72,000 | 0.18 KM |
| 224 Osmaston Road | £ 95,000 | 0.25 KM |
| 224a Osmaston Road | £ 100,000 | 0.25 KM |
| 6 Arboretum Square | £ 407,000 | 0.33 KM |
| 12 Arboretum Square | £ 180,000 | 0.33 KM |