Ashley Adams says ..
A fantastic and rare opportunity for an investor, growing family or those looking for multi generational living opportunities to acquire this well maintained four bedroom semi detached family property in Derby.
Property Oracle says ..
The property is a 4 bedroom semi-detached house located on Derby Lane in Normanton, Derby. The property benefits from being close to several primary schools, with Dale Community Primary School, which has a good Ofsted rating, being less than a kilometre away. The nearest train station, Peartree, is approximately 1.41km away.
The property itself appears to be a period property, showing some traditional features, but is in need of modernisation. The kitchen and bathrooms appear dated and could benefit from updating. Whilst the property is clean and well presented in the photographs, there is evidence that some modernisation work is needed to bring it up to a modern standard. The plot size is listed as 0.00 sqft, suggesting there is minimal or no garden space.
Considering the average price per sqft in the area is £287 and this property is listed at £300,000 with 1050 sqft, the list price seems slightly high compared to the average price of similar properties in the area. Nearby properties on Derby Lane have sold for significantly less, ranging from £147,000 to £184,000. The higher list price may be justified by the larger size of the property and its period features, but the need for modernisation will likely impact the final sale price.
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
- 6
- Location
- 7
- Land
- 1
- Bedrooms
- 4
- Bathrooms
- 1
- Sqft (est)
- 1,050.00
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
- 244,615.00 £Decreased by 9.46 %
- Est sale value
- 300,300.00 £Increased by 10.85 %
- Average area rental value
- 854.00 £/moDecreased by 1.50 %
- Est letting value
- 1,050.00 £/mo
- Est rental Yield
- 4.19 %Increased by 8.83 %
- Crime Rate
- 10.00 %Unchanged by 0.00 %
Agent Activity
Ashley Adams created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Village Primary Academy | Academy Converter | 0.29 KM | |
| Austin Sunnyhill Children'S Centre | Children's Centre | 0.36 KM | |
| Normanton House School | Other Independent School | Requires improvement | 0.40 KM |
| Dale Community Primary School | Community School | Good | 0.72 KM |
| Akaal Primary School | Free Schools | Requires improvement | 0.75 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Newlyn Drive | £ 250,000 | 0 | 0.00 KM |
| Huxley Close | £ 240,000 | 0 | 0.00 KM |
| Village Street | £ 675,000 | 0 | 0.00 KM |
| Saint James Road | £ 215,000 | 0 | 0.00 KM |
| Gladstone Street | £ 250,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Peartree | 1687 | PEA | 1.41 KM |
| Derby | 1823 | DBY | 2.98 KM |
| Spondon | 1699 | SPO | 8.30 KM |
| Duffield | 1691 | DFI | 9.73 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Derby Lane, Derby | £ 300,000 | BUY | 5 / 10 | 0.00 KM |
| Randolph Road, DERBY | £ 135,000 | BUY | 5 / 10 | 0.19 KM |
| Randolph Road, Derby, Derbyshire, DE23 | £ 175,000 | BUY | 6 / 10 | 0.19 KM |
| Vincent Street, Derby, Derbyshire | £ 150,000 | BUY | Unknown | 0.23 KM |
| Duncan Road, Derby, Derbyshire, DE23 | £ 225,000 | BUY | 7 / 10 | 0.24 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 40 Derby Lane | £ 184,000 | 0.00 KM |
| 52 Derby Lane | £ 147,000 | 0.00 KM |
| 60 Derby Lane | £ 164,000 | 0.00 KM |
| 54 Derby Lane | £ 161,000 | 0.00 KM |
| 58 Derby Lane | £ 148,000 | 0.00 KM |