Ashley Adams says ..
NO CHAIN- A fantastic opportunity for a first time buyer or investor to acquire this two double bedroom terrace property off Ashbourne Road.
Property Oracle says ..
This two-bedroom terraced property located on Merchant Street in Derby, Derbyshire, is currently listed at £140,000. The property features a small rear yard and a relatively compact plot size. Based on the photographs provided, the interior of the property appears clean and reasonably well-maintained, though not luxurious. The kitchen and bathroom seem recently updated, presenting a positive aspect. The flooring is somewhat dated but functional.
The location offers several advantages for potential buyers. Families will find the property’s proximity to well-regarded primary schools convenient. Public transport connections to Derby city centre and surrounding areas also appear suitable. However, the immediate street environment may not appeal to all potential buyers, as indicated by the nature of neighbouring businesses.
In summary, this property presents a reasonably priced option for first-time buyers or investors seeking a property in a convenient location with reasonably good transport and education facilities. However, potential buyers should be aware of the limited land and need for future updates. The property is not ideal for larger families who would likely need to undertake extensions or upgrade in the medium term. The property is primarily suitable for investors or smaller families who may prioritize location and affordability over extensive outdoor space.
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
- 6
- Land
- 2
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 700.00
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
- 288,908.00 £Increased by 7.51 %
- Est sale value
- 205,100.00 £Increased by 13.57 %
- Average area rental value
- 825.00 £/moIncreased by 15.87 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 3.43 %Increased by 7.86 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
Ashley Adams created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
Ashgate Primary School | Community School | Good | 0.13 KM |
Jasmine Hall School | Other Independent Special School | 0.19 KM | |
Ashgate Nursery School | Local Authority Nursery School | Good | 0.30 KM |
Whitecross Nursery School | Local Authority Nursery School | Outstanding | 0.59 KM |
Derby Cathedral School | Free Schools | 0.61 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
Noel Street | £ 0 | 0 | 0.00 KM |
Stepping Close | £ 0 | 0 | 0.00 KM |
Markeaton Brook Walk | £ 0 | 0 | 0.00 KM |
Saint John's Terrace | £ 0 | 0 | 0.00 KM |
Boundary Road | £ 140,000 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Derby | 1823 | DBY | 3.64 KM |
Peartree | 1687 | PEA | 4.08 KM |
Duffield | 1691 | DFI | 6.92 KM |
Spondon | 1699 | SPO | 9.38 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
Merchant Street, Derby | £ 140,000 | BUY | 5 / 10 | 0.00 KM |
Merchant Street, Derby | £ 285,000 | BUY | 6 / 10 | 0.00 KM |
Merchant Street, Derby | £ 149,950 | BUY | 6 / 10 | 0.02 KM |
Merchant Street, Derby | £ 155,000 | BUY | 6 / 10 | 0.04 KM |
Merchant Street, Derby | £ 145,000 | BUY | Unknown | 0.07 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
16 Merchant Street | £ 90,000 | 0.00 KM |
23 Merchant Street | £ 120,000 | 0.00 KM |
8 Merchant Street | £ 104,000 | 0.00 KM |
22 Merchant Street | £ 35,000 | 0.00 KM |
19 Merchant Street | £ 122,500 | 0.00 KM |