Pelham Street, Derby, Derbyshire, DE22
FR

Pelham Street, Derby, Derbyshire, DE22

By Frank Innes

£ 125,000

Reviews

2 out of 5 stars

Frank Innes says ..

**IDEAL INVESTMENT OPPORTUNITY WITH A TENANT IN SITU** A traditional mid terraced house offering two bedrooms and two reception rooms with a tenant contracted until November 2025 generating annual gross income of £9,000. Located with good access to both the city centre and Royal Derby...

Property Oracle says ..

This two-bedroom terraced house in Derby’s Abbey area presents a mixed bag. Its location is a definite plus, offering easy access to schools, transport links, and the city centre. The proximity to Becket Primary School, rated ‘Good’ by Ofsted, is a significant draw for families. The nearby train station facilitates commutes. However, the property’s condition is a primary concern. While structurally sound, the interior requires significant modernisation. The decor is dated, and the kitchen and bathroom would benefit from a full upgrade. The garden is small and overgrown. The current tenant, however, creates a positive aspect for potential investors. The lack of precise plot-size data restricts a full valuation. In summary, the property presents an opportunity for either a homeowner willing to renovate, or an investor who can leverage the existing tenant to offset the cost of modernisation and achieve rental income.

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
4
Location
7
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
724.41

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics YoY

Area value
100 £
from 0 £
Rental value
20 £
from 0 £
Rental Yield
20 %
from 0 %
Crime Rate
289 %
from 0 %

Agent Activity

  • Frank Innes marked this listing as sold.

  • Frank Innes created the listing.

Nearby Schools

NameTypeOfstedDistance
Becket Primary SchoolCommunity SchoolGood0.15 KM
Becket Children'S CentreChildren's Centre0.23 KM
St Joseph'S Catholic Voluntary AcademyAcademy Converter0.64 KM
Firs Primary SchoolAcademy Sponsor Led0.67 KM
Babington Children'S CentreChildren's Centre0.68 KM

Images

Front Kitchen Lounge Dining Room Lounge Bathroom Bedroom One Bedroom Two Bedroom One Bedroom One Bedroom Two Front Garden Lounge Kitchen Bedroom Two Dining Room

Nearby Streets

NameAverage PriceAverage SqftDistance
Arbor Close £ 119,95000.00 KM
Summerbrook Court £ 120,00000.00 KM
Boyer Street £ 000.00 KM
Percy Street £ 000.00 KM
Freehold Street £ 175,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Derby1823DBY2.52 KM
Peartree1687PEA2.64 KM
Duffield1691DFI7.95 KM
Spondon1699SPO8.31 KM

Nearby Listings

AddressPriceTypeScoreDistance
Pelham Street, Derby, Derbyshire, DE22 £ 125,000BUY5 / 100.00 KM
King Alfred Street, Derby £ 144,950BUY5 / 100.22 KM
Spring Street, Derby £ 120,000BUY5 / 100.22 KM
Riddings Street, Derby £ 145,000BUY6 / 100.23 KM
King Alfred Street, Derby £ 140,000BUY6 / 100.23 KM

Nearby Properties

AddressPriceDistance
1 Pelham Street £ 82,0000.03 KM
27 Pelham Street £ 64,0000.03 KM
24 Pelham Street £ 82,0000.03 KM
14 Pelham Street £ 84,4000.03 KM
15 Pelham Street £ 104,0000.03 KM