9, Loxton Court, DERBY, Derbyshire, DE3 0PH

Description

An extended three bedroom detached property located in popular Mickleover, close to bus routes and an array of amenities. The property has front and rear gardens and occupies a private position within a cul-de-sac. In brief, the accommodation comprises an entrance hall, lounge, dining room, garden room, kitchen and WC to the ground floor. To the first floor are three bedrooms and a shower room. To the rear of the property is a driveway and two garages, as well as a garden with established mature shrubbery. To the front of the property is a garden, mainly laid to lawn. The property requires a scheme of works and modernisation. Offered for sale with the benefit of vacant possession.

Accommodation

Ground Floor: entrance hall, lounge, dining room, garden room, kitchen, WC. First Floor: three bedrooms and a shower room. External: front garden mainly laid to lawn; rear garden with established shrubbery; driveway and two garages.

Location

Popular Mickleover, close to bus routes and an array of amenities. Mickleover is approximately 4 miles from Derby city centre and has road links close by to the A38, A50, A52 and M1.

Tenure / Property Information

Investment Analysis

The strongest evidence is the completed sale of the same-court detached property at No. 11 for £260,000 on 16 April 2025. Earlier same-court detached sales range from £205,000 to £260,000, but are older and do not establish current value or condition. A base GDV of £260,000 is used, subject to the unknown condition and required modernisation at No. 9. No reliable evidence supports separate low and high GDV scenarios.

Investment Snapshot

Strategy Recommendation

Proceed only subject to a full inspection, review of the special conditions and firm refurbishment pricing. The current evidence supports a conditional value opportunity, but not a defensible maximum bid or confirmed rental strategy.

Works Required

Complete a property-specific scheme of modernisation identified by inspection, including updating the kitchen, shower room, WC and general finishes/services as required. The evidence does not quantify the works or identify specific defects, so no refurbishment allowance is assumed.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At a £260,000 base GDV, 75% refinancing equates to £195,000. Total project cost and cash left in cannot be calculated because refurbishment costs and any applicable seller fees are unknown. The guide plus the known £1,800 documentation charge is £186,800 before works and other costs.

Buy-to-Let Analysis

BTL yield cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is provided. The required modernisation, EPC status and heating information are also unresolved.

Flip Analysis

The base GDV indicates a £73,200 difference above the £185,000 guide and known £1,800 documentation charge before refurbishment, finance, acquisition and resale costs. A reliable flip surplus cannot be calculated because works and selling costs are unsupported.

Investor Risks & Due Diligence

• The property requires a scheme of works and modernisation, but no costed scope is provided.

• EPC is listed as TBC and heating information is unavailable.

• No sufficiently specific rental evidence is available, so BTL income and yield cannot be assessed.

• The condition of the subject and comparable properties is not evidenced, limiting the GDV conclusion.

• The seller may charge additional completion fees under the special conditions.

• Auction purchase requires review of the legal pack and special conditions before bidding.

Recommendation

Proceed only subject to a full inspection, review of the special conditions and firm refurbishment pricing. The current evidence supports a conditional value opportunity, but not a defensible maximum bid or confirmed rental strategy.

Strategy Rating

Analysis Confidence

There is a recent same-court completed sale and several older comparables, but the subject condition, refurbishment cost, rent, EPC, heating and possible seller fees are unresolved.