Unit 1-5 Prosperity House, Gower Street, Derby, DE1 1SB
BO

Unit 1-5 Prosperity House, Gower Street, Derby, DE1 1SB

By Bond Wolfe

£ 130,000

Reviews

2 out of 5 stars

Bond Wolfe says ..

For Sale By Public Auction 15 May 2025 A long leasehold self contained investment suite situated within a business centre Current gross income: £26,500 pa.

Property Oracle says ..

The property is located in the Arboretum area of Derby, in the East Midlands. The area benefits from the proximity to several schools, including St James’ Church of England Aided Infant School (Good Ofsted rating) and Landau Forte College (Outstanding Ofsted rating), both within approximately 1km. Derby railway station is also relatively close, offering convenient access to other parts of the UK. The average house price in the area is £212,676, with an average price per square foot of £241. The listing price of £130,000 for this apartment is significantly below the average price for the area. However, the provided data lacks crucial information, such as the size of the apartment (square footage) and the number of bedrooms and bathrooms. This lack of detail makes it impossible to accurately assess the value for money. Without knowing the size of the property, a price per square foot comparison cannot be made to determine if the listing price is reasonable. Further information is needed to provide a more detailed price analysis. The image shows a multi-story apartment building. The exterior appears to be in reasonable condition, though a more detailed inspection would be required to determine its overall condition and any potential maintenance needs. There is no visible evidence of a garden or any outdoor space associated with the apartment.

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
3
Condition
0
Location
7
Land
0
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
241,538.00 £
Increased by 19.85 %
from 201,530.00 £
Average area rental value
906.00 £/mo
Increased by 1.12 %
from 896.00 £/mo
Est rental Yield
4.50 %
Decreased by 15.73 %
from 5.34 %
Crime Rate
22.00 %
Unchanged by 0.00 %
from 22.00 %

Agent Activity

  • Bond Wolfe marked this listing as sold.

  • Bond Wolfe created the listing.

Nearby Schools

NameTypeOfstedDistance
St James' Church Of England Aided Infant SchoolVoluntary Aided SchoolGood0.75 KM
Becket Children'S CentreChildren's Centre0.80 KM
St Joseph'S Catholic Voluntary AcademyAcademy Converter0.80 KM
Becket Primary SchoolCommunity SchoolGood0.91 KM
Landau Forte CollegeAcademy Sponsor LedOutstanding0.95 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Lara Croft Way £ 000.00 KM
The Spot £ 000.00 KM
Albert Street £ 000.00 KM
Exchange Street £ 000.00 KM
Sadlergate Bridge £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Derby1823DBY1.57 KM
Peartree1687PEA2.56 KM
Spondon1699SPO7.36 KM
Duffield1691DFI7.72 KM

Nearby Listings

AddressPriceTypeScoreDistance
Gower Street, Derby £ 350,000BUY5 / 100.02 KM
Prosperity House, Gower Street, Derby, Derbyshire, DE1 £ 105,000BUYUnknown0.02 KM
Gower Street, Derby £ 85,000BUY6 / 100.03 KM
Prosperity House, Gower Street £ 75,000BUY6 / 100.03 KM
Gower Street, Derby, Derbyshire, DE1 £ 40,000BUYUnknown0.03 KM

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AddressPriceDistance
78 Green Lane £ 70,5000.13 KM
86 Green Lane £ 149,0000.13 KM
80 Green Lane £ 167,5000.13 KM
90 Green Lane £ 185,0000.13 KM
57 Green Lane £ 246,0000.14 KM