Sold STC Semi-detached

2 SMITH AVENUE

DERBY, MELBOURNE, DERBYSHIRE DE73 8DB

3 beds 2 baths 904 sq ft Listed 27 Aug 2020 (-2120d)

£240,000

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FRONT ELEVATION LIGHT AND AIRY LOUNGE MODERN KITCHEN / DINER Photo 4 BEDROOM ONE BEDROOM TWO BEDROOM THREE FAMILY BATHROOM SOUTHERLY-FACING REAR GARDEN PLANNING PERMISSION

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Property details

Floor area

84 m²

Year built

England and Wales: 1950-1966

Last sold

£240,000 Dec 2020

Price per m²

£2,857/m²

Local average

£312,811 (-23.3%)

Deprivation

Decile 9 (28,627 of 33,755)

Street crime

17 incidents within 1 mile (Apr 2026)

Key features

  • Three Bedroomed Sem Detached Family Home
  • Light and Airy Lounge
  • Modern Kitchen / Diner
  • Bedroom One With En Suite Shower
  • Two further Good Sized Bedrooms
  • Family Bathroom | Planning Permission (Ref. No. 9/2018/0501)
  • Off Road Parking For Two Cars
  • Southerly Facing Rear Garden
  • Outbuildings (Utility Room, W.C, Storage)
  • Popular Village Location | EER: 'D'

Additional details

Parking
Yes
Garden
Yes

Description

LOOK This three-bedroomed semi-detached family home is realistically priced and is an ideal opportunity for a first time buyer to get onto the property ladder in Melbourne. Situated at the head of a cul-de-sac and within walking distance of the village centre. The accommodation briefly comprises: an entrance hallway, lounge with a feature fireplace and a modern kitchen / diner. On the first floor: bedroom one with an en suite shower room, two further bedrooms and a family bathroom. To the rear you'll find a good-sized lawn garden with useful brick built outbuildings used as a utility room, W.C and storage. On the front there is off road parking for up to two cars. The property also has planning permission granted for a two storey side extension and a single storey rear extension (Ref. No. 9/2018/0501) - Viewing a must!

Melbourne - The Location - MELBOURNE (the name means 'mill on the brook' or 'a mill stream') is a small attractive Georgian market town in a delightful part of South Derbyshire set in rolling countryside and is situated midway between the major city of Derby in the north and the bustling town of Ashby-de-la-Zouch in the south. The town contains a wide range of shops, pubs and restaurants and there are several good schools in the area. The property has good access to the A50, the M1 and M42 motorways, making it within easy reach of many Midland towns and cities.

Accommodation In Detail -

Entrance Hallway - With a slate tiled floor, shelving, a radiator, stairs to the first floor accommodation, doors to the lounge and kitchen / diner and a UPVC double glazed front window.

Light And Airy Lounge - 3.88 x 3.43 (12'8" x 11'3") - The focal point of this room is the cast iron multi-fuel burner set in a recess with black slate hearth. A polished wood floor, TV aerial point, a radiator and a UPVC double glazed front window.

Modern Kitchen / Diner - 5.9 max x 2.96 (19'4" max x 9'8") - Fitted with a range of base and drawer units, solid oak worktops, an inset Belfast sink with a mixer tap over, an inset electric oven with a four ring gas hob and an extractor hood overhead. Other features include an integral dishwasher, a radiator, a slate tiled floor, tiled splashbacks, downlights, a pantry cupboard, a door to the outdoor utility room, W.C and storage, double glazed doors to the rear garden and two UPVC double glazed front and side windows.



First Floor Accommodation -

Landing - With a loft access hatch, smoke detector, the airing cupboard housing the Worcester combi boiler, doors to the bedrooms and bathroom and a UPVC double glazed front window.

Bedroom One - 3.44 x 3.16 (11'3" x 10'4") - With a radiator, TV aerial point, a door to the en suite shower room and two UPVC double glazed rear windows.

En Suite Shower Room - Comprising: a fully tiled shower cubicle with a wall mounted shower overhead, a pedestal wash hand basin and an extractor fan.

Bedroom Two - 3.73 x 3.02 (12'2" x 9'10") - With a radiator and two UPVC double glazed rear and side windows.

Bedroom Three - 2.65 x 2.41 (8'8" x 7'10") - With a built-in storage cupboard, radiator and a UPVC double glazed front window.

Family Bathroom - 2.09 x 1.66 (6'10" x 5'5") - Comprising: a panelled bath with a wall mounted shower overhead, a pedestal wash hand basin and a dual flush toilet. Other features include a chrome ladder towel rail, tiled walls and two UPVC double glazed opaque side windows.

Outside -

Front Elevation And Parking - There is off road parking for up to two cars on the gravelled driveway and a slate path to the front door. a wooden gate leads to the:

Covered Side Passageway - Open to the garden at the rear. With three brick outbuildings including a utility room, W.C and a useful storage room.

Southerly-Facing Rear Garden - The rear garden is mainly laid to lawn with a slate patio seating area.

And Finally... -

Planning Permission - The property has planning permission granted for a two storey side extension and a single storey rear extension (Ref. No. 9/2018/0501)

Council Tax Band: - The property is believed to be in council tax band: 'B'

How To Get There - From our NEWTON FALLOWELL office in the heart of MELBOURNE: Turn left into Market Place. Take the second right turn into Chapel Street and then, at the sharp right hand bend, turn left into Pack Horse Road. Follow this road - past the school - and then take the second turning on the right into Smith Avenue and the property is located on your right hand side identified by our 'FOR SALE' board.

Please Note: - SERVICES: All mains are connected. The services, systems and appliances listed in this specification have not been tested by Newton Fallowell and no guarantee as to their operating ability or their efficiency can be given. MEASUREMENTS: Please note that room sizes are quoted in metres to the nearest tenth of a metre measured from wall to wall. The imperial equivalent is included as an approximate guide for applicants not fully conversant with the metric system. Room measurements are included as a guide to room sizes and are not intended to be used when ordering carpets or flooring. TENURE: Freehold - with vacant possession on completion. Newton Fallowell recommend that purchasers satisfy themselves as to the tenure of this property and we recommend they consult a legal representative such as a solicitor appointed in their purchase.

Listed by

Melbourne

Newton Fallowell

Reference: 84138670

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Smith Avenue, Melbourne floor plan.JPG

Smith Avenue, Melbourne floor plan.JPG

EPC Graphs

EE Rating

EE Rating

EI Rating

EI Rating

Price history

47% since 2014

Event Date Price % change
Sold 21/12/2020 (5 years ago) £240,000 +46.8%
Sold 31/03/2014 (12 years ago) £163,500

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
25 NETTLEFOLD CRESCENT, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8DA £320,000 15/12/2025 Semi-detached
4 MARLPIT ROAD, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8JY £295,000 05/12/2025 Semi-detached
8 WINDSOR AVENUE, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8FN £425,000 07/07/2025 Semi-detached
14 WINDSOR AVENUE, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8FN £425,000 07/12/2023 Semi-detached
14 HUNTINGDON COURT, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8LZ £258,000 24/11/2023 Semi-detached
45 QUEENSWAY, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8FG £255,000 19/10/2023 Semi-detached
Same street 7 SMITH AVENUE, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8DB £500,000 25/08/2023 Detached
Same street 18 SMITH AVENUE, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8DB £745,000 31/03/2023 Detached
Same street 20 SMITH AVENUE, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8DB £825,000 21/12/2022 Detached
37 WOODLANDS WAY, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8DR £285,000 30/11/2022 Semi-detached
Same street 1 SMITH AVENUE, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8DB £560,000 18/11/2022 Detached
33 THE WOODLANDS, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8DP £310,000 15/09/2022 Semi-detached
11 THE WOODLANDS, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8DP £264,000 29/07/2022 Semi-detached
30 THE WOODLANDS, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8DP £260,000 25/07/2022 Semi-detached
69 THE WOODLANDS, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8DQ £235,000 11/07/2022 Semi-detached
23 THE WOODLANDS, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8DP £325,000 27/06/2022 Semi-detached
2 WINDSOR AVENUE, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8FN £430,000 27/05/2022 Semi-detached
27 WOODLANDS WAY, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8DR £255,599 13/05/2022 Semi-detached
8 QUEENSWAY, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8FG £240,000 13/05/2022 Semi-detached
43 THE WOODLANDS, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8DP £269,950 28/03/2022 Semi-detached
26 WOODLANDS WAY, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8DR £192,000 03/12/2021 Semi-detached
Same street 12 SMITH AVENUE, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8DB £295,000 22/11/2021 Semi-detached
42 HUNTINGDON COURT, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8LZ £235,000 30/09/2021 Semi-detached
4 CARTWRIGHT CLOSE, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8LA £327,500 30/09/2021 Semi-detached
7 NEWTON WONDER COURT, KINGS NEWTON, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8HE £265,000 29/09/2021 Semi-detached

Street average: £585,000 (5 sales)

Area average: £293,602 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 19.3%
10y growth 43%

House Price Index (HM Land Registry — official index, not sold-price averages): South Derbyshire. Series: Semi-detached. As of March 2026.

1y (index) 0.2%
5y (index) 20.6%
10y (index) 45.4%

Rental Range

Estimated market rent for South Derbyshire. Low = conservative, Realistic = average, Optimistic = best case.

Low £786/mo
Realistic £873/mo
Optimistic £960/mo

Based on Local Authority from postcode lookup → South Derbyshire.

LHA (30th percentile) floor for Derby: £698/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Queensway 0.1 miles
Bus stop Nettlefold Crescent 0.1 miles
Shop Cottage Antiques 0.4 miles
Shop Melbourbe Deli 0.4 miles
Train station Peartree 5.0 miles
Train station Spondon 5.7 miles
Hospital Whitwick Health Centre 6.6 miles
University University of Derby 8.0 miles
University Loughborough University Science and Enterprise Park 8.9 miles
Hospital Queen's Hospital 9.6 miles

Street-level crime

Category Count
Anti-social behaviour 5
Violence and sexual offences 5
Public order 3
Drugs 1
Other crime 1
Other theft 1
Vehicle crime 1
Total incidents 17

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Melbourne Infant School Primary 0.2 miles Good — 31 Mar 2022
Melbourne Junior School Primary 0.2 miles Good — 13 Jul 2015
Weston-on-Trent CofE (VA) Primary School Primary 1.7 miles Good — 29 Apr 2014
St Hardulph's Church of England Primary School Primary 2.2 miles Good — 27 Mar 2012
Chellaston Fields Spencer Academy Primary 2.2 miles Good — 16 Nov 2023

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
3 Bed Terraced House, The Lilypool, DE73 £1,250/mo 3 0.37 miles OpenRent

Average rent: £1,250/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.52%
Max investor price (0.8%) £156,250
Target investor price (1%) £125,000
Gross yield 6.3%
Cost-to-rent ratio 16×
Monthly cashflow £155/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 2.7%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).