Burgess Mill, Manchester Street, Derby
MY

Burgess Mill, Manchester Street, Derby

By My Pad Professional Estate Agents

£ 82,000

Reviews

2 out of 5 stars

My Pad Professional Estate Agents says ..

A valuable investment property realising a gross income of £5940.00 per annum. This smart and stylish spacious apartment is situating in the popular 'Burgess Mill' conversion on Manchester Street which is ideally located within easy reach of the University of Derby together with the Friar Gate qu...

Property Oracle says ..

This one-bedroom apartment in Burgess Mill, Derby, is located in the Mackworth area, offering a convenient position near several well-regarded schools and Derby city centre. While the building itself appears well-maintained from the exterior, the interior shows a functional, if slightly dated, finish. The apartment lacks significant external space, being part of a converted mill. The asking price of £82,000 appears reasonable, supported by comparable properties in Burgess Mill, although a lack of precise square footage data on nearby listings prevents a definitive analysis of price per square foot. Buyers should be aware that it is an apartment and the amount of private land is minimal. Additional investigation is necessary to gain a complete understanding of any potential maintenance or service charges associated with living in a converted building. The property may appeal to first-time buyers, investors, or those seeking convenient city-centre access with good access to local schooling.

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
6
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
731.95

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
195,430.65 £
Decreased by 5.32 %
from 206,409.90 £
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 731.95 £/mo
Est rental Yield
4.04 %
Decreased by 7.97 %
from 4.39 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • My Pad Professional Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Ashgate Primary SchoolCommunity SchoolGood0.30 KM
Royal School For The Deaf DerbyNon-maintained Special SchoolGood0.36 KM
Ashgate Nursery SchoolLocal Authority Nursery SchoolGood0.53 KM
Jasmine Hall SchoolOther Independent Special School0.54 KM
Derby Cathedral SchoolFree Schools0.86 KM

Images

DSC_0033.JPG DSC_0034.JPG DSC_0001.JPG DSC_0002.JPG Reception Hall Mezzanine Bedroom Shower Room/En Suite Living Area Kitchen Outside

Nearby Streets

NameAverage PriceAverage SqftDistance
Noel Street £ 000.00 KM
Stepping Close £ 000.00 KM
Bright Street £ 190,00000.00 KM
Markeaton Brook Walk £ 000.00 KM
Boundary Road £ 140,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Derby1823DBY4.02 KM
Peartree1687PEA4.33 KM
Duffield1691DFI6.97 KM
Spondon1699SPO9.76 KM

Nearby Listings

AddressPriceTypeScoreDistance
Burgess Mill, Manchester Street, Derby £ 82,000BUY5 / 100.00 KM
Manchester Street, Derby £ 160,000BUY6 / 100.05 KM
Manchester Street, Derby, Derbyshire, DE22 £ 98,000BUYUnknown0.05 KM
Manchester Street, Derby £ 220,000BUY6 / 100.07 KM
Ashbourne Road, Derby, Derbyshire, DE22 £ 150,000BUY7 / 100.08 KM

Nearby Properties

AddressPriceDistance
102 Ashbourne Road £ 135,7000.06 KM
132 Ashbourne Road £ 48,5000.06 KM
83 Ashbourne Road £ 70,0000.06 KM
125 Ashbourne Road £ 35,0000.06 KM
151 Ashbourne Road £ 85,0000.06 KM