21-23 Friar Gate, Derby, Derbyshire, DE1 1BX
By OMEETO LTD
£ 1,050,000
Reviews
2 out of 5 stars
OMEETO LTD says ..
Highly prominent mixed use investment. Producing £123,220 p.a. (c£100,000 after costs). Popular Irish Pub with live music tenanted to 2038 with fixed increase to £55,000 p.a. in 2029 and a further Index Linked review in 2034. + 7 residential Lets fully refurbished in 2021. Comprising 2x apartmen...
Property Oracle says ..
This property is a block of apartments located on Friar Gate in Derby. The location is central and convenient, close to the University of Derby and various amenities. The apartments themselves appear to be in good condition, with modern kitchens and bathrooms. However, the exterior of the building is somewhat dated. The asking price of £1,050,000 seems high compared to average property prices in the area, but this is a block of apartments, and the price reflects the potential rental income. The property would likely appeal to investors looking for rental income from student accommodation.
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
- 0
- Bathrooms
- 0
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 %
- Average area rental value
- 843.00 £/moIncreased by 29.29 %
- Est rental Yield
- 3.01 %Decreased by 4.75 %
- Crime Rate
- 8.00 %Unchanged by 0.00 %
Agent Activity
OMEETO LTD created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Central Community Nursery School | Local Authority Nursery School | Good | 0.43 KM |
| Kingsmead School | Community Special School | Good | 0.44 KM |
| The Kingsmead School | Pupil Referral Unit | Good | 0.44 KM |
| West End Children'S Centre | Children's Centre | 0.45 KM | |
| Becket Primary School | Community School | Good | 0.65 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Friar Gate | £ 0 | 0 | 0.00 KM |
| Short Street | £ 0 | 0 | 0.00 KM |
| Cavendish Court | £ 0 | 0 | 0.00 KM |
| Coburn Place | £ 0 | 0 | 0.00 KM |
| Sadlergate Bridge | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Derby | 1823 | DBY | 2.42 KM |
| Peartree | 1687 | PEA | 3.20 KM |
| Duffield | 1691 | DFI | 7.20 KM |
| Spondon | 1699 | SPO | 8.16 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| 21-23 Friar Gate, Derby, Derbyshire, DE1 1BX | £ 1,050,000 | BUY | 5 / 10 | 0.00 KM |
| Friar Gate, Derby, Derbyshire, DE1 | £ 80,000 | BUY | Unknown | 0.06 KM |
| Friar Gate, Derby | £ 3,100,000 | BUY | 4 / 10 | 0.08 KM |
| Friar Gate, Derby | £ 330,000 | BUY | Unknown | 0.08 KM |
| Friar Gate, Derby | £ 360,000 | BUY | 4 / 10 | 0.08 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 47 Ford Street | £ 189,950 | 0.07 KM |
| 12 Stafford Street | £ 162,592 | 0.12 KM |
| 15a Friar Gate | £ 220,000 | 0.15 KM |
| 61 Stafford Street | £ 80,500 | 0.22 KM |
| 29 Stafford Street | £ 139,950 | 0.22 KM |