14, Radbourne Street, DERBY, Derbyshire, DE22 3HB

Description

A spacious three-bedroom mid terrace property located a short distance from Derby city centre. The accommodation comprises an entrance hall, lounge, dining room and kitchen to the ground floor, with three bedrooms and a bathroom to the first floor. To the rear of the property is a good-sized garden incorporating a patio and lawned area. There are amenities close by, including grocery stores and eateries, as well as being conveniently located close to Markeaton Park, Derby University and giving easy access to the Royal Derby Hospital. The property is perfectly suited to owner occupiers and buy to let investors. Offered for sale with the benefit of vacant possession.

Accommodation

Ground Floor: entrance hall, lounge, dining room and kitchen. First Floor: three bedrooms and a bathroom. External: a good-sized rear garden with a patio and lawned area.

Location

Short distance from Derby city centre; close to grocery stores, eateries, Markeaton Park, Derby University, the Royal Derby Hospital and bus routes.

Tenure / Property Information

Investment Analysis

The strongest evidence is 10 Radbourne Street at £170,000 in October 2025 and 16 Radbourne Street at £171,000 in July 2023. Other same-street sales range from £148,000 to £162,500, while the £102,500 sale is a lower outlier with no condition or specification explanation supplied. A base GDV of £170,000 is therefore used, with a supported evidence range of £148,000 to £171,000. The subject's condition is not evidenced, so no refurbishment allowance is assumed.

Investment Snapshot

Strategy Recommendation

Proceed only subject to inspection and legal review. The evidence supports potential owner-occupier value at around £170,000, but the absence of rental evidence, condition information and seller-fee details makes BTL, BRRR and flip returns unverified.

Works Required

No specific defects or works are identified in the supplied evidence. Obtain a full inspection and confirm the condition of the kitchen, bathroom, services, roof, windows and external areas before bidding; no numeric works allowance is supported.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the £140,000 guide, the known cost is £141,800 including the administration charge, excluding any unsupported works, seller fees, finance and tax. At the £170,000 base GDV, 75% refinance is £127,500, leaving indicative cash of £14,300 still invested before finance and tax. Actual refinance depends on valuation, lending terms and property condition.

Buy-to-Let Analysis

A BTL assessment cannot establish rent or yield because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. At the £140,000 guide, the known purchase cost including the £1,800 administration charge is £141,800, before any seller fees, finance, tax or works.

Flip Analysis

The base GDV is estimated at £170,000 from same-street completed sales. A formal flip surplus cannot be calculated because refurbishment costs, seller fees and selling costs are not supplied. The apparent £28,200 gross difference over the guide plus known administration charge is not a net profit figure.

Investor Risks & Due Diligence

• Subject condition and required works are unknown.

• No reliable property-specific rental evidence is supplied, so rental yield cannot be established.

• Seller fees may apply under the special conditions but are not quantified.

• Parking and heating information require confirmation.

• The £102,500 same-street sale indicates potential price dispersion that is not explained by the supplied evidence.

• Auction purchase, valuation, finance and legal risks remain relevant.

Recommendation

Proceed only subject to inspection and legal review. The evidence supports potential owner-occupier value at around £170,000, but the absence of rental evidence, condition information and seller-fee details makes BTL, BRRR and flip returns unverified.

Strategy Rating

Analysis Confidence

There are several directly comparable completed sales on the same street and a recent 2025 transaction, but the subject's condition, rent, parking, heating, seller fees and refurbishment requirements are not evidenced.