Derby Road Heanor DE75 7QG
Henrys Simms logo

Derby Road Heanor DE75 7QG

By Henrys Simms

£ 275,000

Reviews

2 out of 5 stars

Henrys Simms says ..

*Investors dream* This 6/7 bedroom double bedroom Former Guest House is ideal for a HMO investment, current owners rent each room for £120 / week and have long standing tenants! Town centre location! Call us for more details.

Property Oracle says ..

This seven-bedroom property located on Derby Road, Heanor, presents itself as a potential investment opportunity or large family home. The house is described as a former guest house, suggesting that it may have multiple rooms suitable for renting out to tenants. Its proximity to several schools with good Ofsted ratings is an attractive feature for families. The property also enjoys relative closeness to various transportation links, improving accessibility. However, several areas require attention. Based on the images provided, the property exhibits some dated features requiring modernization, especially in the kitchen and bathrooms. A complete renovation would likely enhance the property’s value. The small garden space, mainly paved, is an adequate but not exceptional outdoor area. The absence of precise details on plot size and the lack of comprehensive information on recent comparable sales in the immediate vicinity create some uncertainty around the market value. Overall, the property presents both advantages and drawbacks. Prospective buyers should thoroughly evaluate their needs and budget, factoring in potential renovation costs, before making a decision.

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
6
Land
3
Bedrooms
7
Bathrooms
3
Sqft (est)
1,000.00

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
178,750.00 £
Decreased by 27.19 %
from 245,507.00 £
Est sale value
236,000.00 £
Increased by 5.36 %
from 224,000.00 £
Average area rental value
583.00 £/mo
Decreased by 41.05 %
from 989.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
3.91 %
Decreased by 19.05 %
from 4.83 %
Crime Rate
31.00 %
Unchanged by 0.00 %
from 31.00 %

Agent Activity

  • Henrys Simms marked this listing as sold.

  • Henrys Simms created the listing.

Nearby Schools

NameTypeOfstedDistance
Corfield Cofe Infant SchoolVoluntary Controlled SchoolGood0.44 KM
Howitt Primary Community SchoolAcademy Converter0.68 KM
Jasmine House SchoolOther Independent Special SchoolOutstanding0.77 KM
Mundy Cofe Junior SchoolVoluntary Controlled SchoolGood0.85 KM
Coppice Primary SchoolCommunity SchoolGood0.88 KM

Images

Shower room Bedroom Rear Views to the rear. Front Lounge / bedroom Communal Kitchen Shower room Shower room

Nearby Streets

NameAverage PriceAverage SqftDistance
Derby Road £ 000.00 KM
Spring Lane £ 000.00 KM
A608 £ 000.00 KM
Red Lion Square £ 000.00 KM
Hill Road £ 120,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Langley Mill1761LGM3.06 KM
Ilkeston7783ILN8.00 KM
Alfreton1805ALF9.72 KM

Nearby Listings

AddressPriceTypeScoreDistance
Derby Road, Heanor £ 180,000BUY6 / 100.00 KM
Derby Road, Heanor £ 100,000BUYUnknown0.00 KM
Derby Road, Heanor £ 150,000BUY6 / 100.00 KM
Derby Road Heanor DE75 7QG £ 275,000BUY5 / 100.00 KM
Derby Road, HEANOR £ 145,000BUY6 / 100.00 KM

Nearby Properties

AddressPriceDistance
9 Derby Road £ 84,0000.00 KM
13 Derby Road £ 78,0000.00 KM
6 Derby Road £ 128,7500.02 KM
28 Derby Road £ 97,0000.02 KM
26 Derby Road £ 65,0000.02 KM