Purplebricks says ..
This One Bedroom 3rd Floor Flat is Perfect for Investors or First Time Buyers. The property is located close to the heart of Derby City Centre and about 7 minute walk from the bus station. The property offers spacious living accommodation with open plan kitchen breakfast living area. The property...
Property Oracle says ..
This one-bedroom flat located in The Maltings, Derby, is presented as a potential investment opportunity or a starter home. The property’s location in the Arboretum area of Derby offers convenient access to the city centre and its amenities. The proximity to Derby railway station and several schools is a significant advantage.
The property itself appears to be a reasonably sized one-bedroom flat, although precise square footage is missing from the provided data. The interior photographs suggest a need for some cosmetic upgrades and potential improvements to the kitchen and bathroom. The fixtures and fittings appear somewhat dated. The flat includes a small patio area, offering a small amount of outdoor space, though it is not a significant garden.
The list price of £85,000 needs further contextualization. Without precise square footage data, a comprehensive comparative market analysis based on price per square foot is not possible. However, when comparing this property to other listed properties in the area the pricing appears fairly reasonable. Ultimately, potential buyers should conduct a thorough survey and weigh the renovation costs against the property’s potential value following improvements.
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
- 2
- Bedrooms
- 1
- Bathrooms
- 1
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 %
- Average area rental value
- 906.00 £/moIncreased by 1.12 %
- Est rental Yield
- 4.50 %Decreased by 15.73 %
- Crime Rate
- 16.00 %Unchanged by 0.00 %
Agent Activity
Purplebricks created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St James' Church Of England Aided Infant School | Voluntary Aided School | Good | 0.53 KM |
| St Joseph'S Catholic Voluntary Academy | Academy Converter | 0.78 KM | |
| Becket Children'S Centre | Children's Centre | 0.92 KM | |
| Rosehill Infant And Nursery School | Community School | Good | 1.00 KM |
| Becket Primary School | Community School | Good | 1.04 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| The Spot | £ 0 | 0 | 0.00 KM |
| Lara Croft Way | £ 0 | 0 | 0.00 KM |
| Exchange Street | £ 0 | 0 | 0.00 KM |
| Albert Street | £ 0 | 0 | 0.00 KM |
| Cock Pitt | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Derby | 1823 | DBY | 1.39 KM |
| Peartree | 1687 | PEA | 2.37 KM |
| Spondon | 1699 | SPO | 7.19 KM |
| Duffield | 1691 | DFI | 7.90 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| The Maltings, Derby, DE1 | £ 85,000 | BUY | 5 / 10 | 0.00 KM |
| The Maltings, Derby | £ 75,000 | BUY | 6 / 10 | 0.00 KM |
| Back Sitwell Street, Derby | £ 85,000 | BUY | 5 / 10 | 0.03 KM |
| Gower Street, Derby | £ 43,500 | BUY | Unknown | 0.17 KM |
| Gower Street, Derby | £ 42,000 | BUY | 5 / 10 | 0.17 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 135 Green Lane | £ 116,000 | 0.23 KM |
| 7 Leopold Street | £ 285,000 | 0.24 KM |
| 39 Leopold Street | £ 250,000 | 0.24 KM |
| 29 Leopold Street | £ 190,000 | 0.24 KM |
| 10 Leopold Street | £ 189,000 | 0.24 KM |