# 3 bedroom town house for sale (DE73 8FS) ## Property Details | Key | Value | |-----|-------| | Address | 11A, GEORGE STREET, DERBY, MELBOURNE, DERBYSHIRE DE73 8FS | | Price | £295,000 | | Bedrooms | 3 | | Bathrooms | 2 | | Council tax | D | | Last sold | £280,000 Jan 2026 | ## EPC Rating & Upgrade Cost - **Current rating:** C - **Potential rating:** B - **Expiry date:** 20/03/2033 - **Current heating cost:** £973/year - **Est. upgrade cost to C:** £9,500 ### Recommendations - N (£4,000 - £6,000) - U (£3,500 - £5,500) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/2437-8227-6200-0409-5222) ## Description MUST BE VIEWED* An impressive three bedroomed three storey town house ideal located close to Melbourne town centre. This property benefits from generous accommodation spread over three floors, courtyard garden and off-road parking for two cars. Take a look inside this modern townhouse: an entrance hallway, bright & airy lounge with a feature fireplace, fitted kitchen/diner and a cloakroom/w.c.  On the first floor:-  two double bedrooms, a study/nursery and a family bathroom. On the second floor:- a generous master bedroom with a en-suite shower room and fitted wardrobes. There's off-road parking for at least two cars, and a low maintenance courtyard garden. EPC rating: C. Tenure: Freehold, ## Property Photos - ![Photo](/listings/photos/160574828/1196165) - ![Photo](/listings/photos/160574828/1196166) - ![Photo](/listings/photos/160574828/1196167) - ![Photo](/listings/photos/160574828/1196168) - ![Photo](/listings/photos/160574828/1196169) - ![Photo](/listings/photos/160574828/1196170) - ![Photo](/listings/photos/160574828/1196171) - ![Photo](/listings/photos/160574828/1196172) - ![Photo](/listings/photos/160574828/1196173) - ![Photo](/listings/photos/160574828/1196174) - ![Photo](/listings/photos/160574828/1196175) - ![Photo](/listings/photos/160574828/1196176) - ![Photo](/listings/photos/160574828/1196177) ## Floorplans - ![Floorplan](/listings/photos/160574828/1196178) - Floorplan ## EPC Graphs - ![EPC Graph](/listings/photos/160574828/1196179) - EPC Graph ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 11A GEORGE STREET, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8FS | £280,000 | 22/01/2026 | Terraced | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 19 COMMERCE STREET, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8FT | £175,000 | 05/12/2025 | Terraced | | 20 SOUTH STREET, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8GB | £228,495 | 30/10/2023 | Terraced | | 21 NORTH STREET, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8FZ | £215,000 | 15/12/2022 | Terraced | | 64 VICTORIA STREET, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8FQ | £255,000 | 31/10/2022 | Terraced | | 58 COMMERCE STREET, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8FT | £240,000 | 26/10/2022 | Terraced | | 59 COMMERCE STREET, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8FT | £215,000 | 27/09/2022 | Terraced | | 12 NORTH STREET, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8FZ | £171,000 | 21/09/2022 | Terraced | | 10 NORTH STREET, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8FZ | £240,000 | 21/09/2022 | Terraced | | 3 VICTORIA STREET, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8FR | £243,000 | 20/09/2022 | Terraced | | 1 SELINA STREET, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8EU | £350,000 | 19/08/2022 | Terraced | | 7 ALMA STREET, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8GA | £255,000 | 22/04/2022 | Terraced | | 33 NORTH STREET, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8FZ | £217,000 | 11/04/2022 | Terraced | | 19 COMMERCE STREET, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8FT | £178,000 | 31/03/2022 | Terraced | | 12 ALMA STREET, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8GA | £217,050 | 28/02/2022 | Terraced | | 47 NORTH STREET, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8FZ | £235,000 | 28/01/2022 | Terraced | | 3 SOUTH STREET, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8GB | £148,000 | 01/10/2021 | Terraced | | 46 NORTH STREET, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8FZ | £215,000 | 30/09/2021 | Terraced | | 21 NORTH STREET, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8FZ | £205,000 | 24/09/2021 | Terraced | | 4 COMMERCE STREET, MELBOURNE, DERBY, SOUTH DERBYSHIRE, DERBYSHIRE, DE73 8FT | £220,000 | 06/08/2021 | Terraced | **Area average:** £222,239 (19 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £197,692 (13 Terraced, DE73, 2024–2026) - **Deviation:** +49.2% ## Rental Range *ONS Price Index of Private Rents (South Derbyshire). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £787/mo - **Realistic:** £874/mo - **Optimistic:** £961/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Derby (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £698/mo ## 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 | 0.35 miles | OpenRent | **Average rent: £1,250/mo (1 listing)** ## 1% Rule - **Rent ratio:** 0.42% (weak for cashflow) - **Max investor price (0.8%):** £156,250 - **Target investor price (1%):** £125,000 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £1,250/mo).* - **Gross yield:** 5.1% - **Cost-to-rent:** 19.7× - **Monthly cashflow:** £-62/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -0.9% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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).* ## Price per Square Metre - **£/m²:** £2,398/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -17.8% - **10y growth:** 4.3% ## House Price Index (HM Land Registry) *Official index for South Derbyshire; Terraced series; as of April 2026.* - **1y growth (index):** 4.4% - **5y growth (index):** 22% - **10y growth (index):** 47.5% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)