Friar Gate, DERBY, Derbyshire, DE1
FR

Friar Gate, DERBY, Derbyshire, DE1

By Frank Innes

£ 100,000

Reviews

2 out of 5 stars

Frank Innes says ..

Introducing a well-presented and generously proportioned second-floor flat, situated in the heart of the city center. This inviting property offers two bedrooms, a spacious kitchen diner, and the convenience of access to a residents' permit car park, all of which is being offered with no upward c...

Property Oracle says ..

This two-bedroom, one-bathroom flat in Friar Gate, Derby, presents itself as a functional property at a competitive price point. The listing highlights its potential as a buy-to-let investment, which is a significant factor. The apartment’s location is a definite advantage, offering convenient access to Derby city centre and its amenities. The proximity to schools is another appealing aspect for families or investors interested in the rental market.

From the provided images, the interior appears clean and tidy, but relatively dated. The finishes are simple and could benefit from modernization. The absence of outdoor space beyond a small, sparse ground-level area is notable and will limit appeal to those seeking a garden.

Overall, this property may appeal to investors seeking a ready-made rental opportunity or first-time buyers willing to make some improvements. The value proposition is fair given the location and relatively low list price, particularly if considering its buy-to-let potential, but potential buyers should expect to allocate funds to upgrade the interior and make it feel more modern. The current images suggest a need for cosmetic improvements and a possible refresh of the decor to maximize market appeal.

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
5
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
641.53

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
200,000.00 £
Increased by 1.02 %
from 197,971.00 £
Est sale value
171,288.51 £
Decreased by 5.32 %
from 180,911.46 £
Average area rental value
674.00 £/mo
Decreased by 6.91 %
from 724.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 641.53 £/mo
Est rental Yield
4.04 %
Decreased by 7.97 %
from 4.39 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Frank Innes created the listing.

Nearby Schools

NameTypeOfstedDistance
Kingsmead SchoolCommunity Special SchoolGood0.37 KM
The Kingsmead SchoolPupil Referral UnitGood0.37 KM
West End Children'S CentreChildren's Centre0.42 KM
Central Community Nursery SchoolLocal Authority Nursery SchoolGood0.48 KM
Derby Cathedral SchoolFree Schools0.57 KM

Images

Front Lounge Lounge Kitchen Bedroom One Bedroom Two Bathroom

Nearby Streets

NameAverage PriceAverage SqftDistance
Friar Gate £ 000.00 KM
Short Street £ 000.00 KM
Saint John's Terrace £ 000.00 KM
Cavendish Court £ 000.00 KM
Coburn Place £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Derby1823DBY2.79 KM
Peartree1687PEA3.35 KM
Duffield1691DFI7.22 KM
Spondon1699SPO8.55 KM

Nearby Listings

AddressPriceTypeScoreDistance
Friar Gate, DERBY, Derbyshire, DE1 £ 100,000BUY5 / 100.00 KM
Friar Gate Court, Derby £ 100,000BUY6 / 100.00 KM
Friar Gate Court, Friar Gate, Derby, Derbyshire, DE1 £ 95,000BUY4 / 100.01 KM
Friar Gate Court, Friar Gate, Derby £ 107,000BUY7 / 100.10 KM
Ambrose Terrace, Derby £ 140,000BUY5 / 100.14 KM

Nearby Properties

AddressPriceDistance
93 Friar Gate £ 227,6600.08 KM
51 Larges Street £ 175,0000.12 KM
43 Larges Street £ 69,9500.12 KM
7 Ambrose Terrace £ 136,0000.14 KM
19 Ambrose Terrace £ 42,0000.14 KM