2 Bed Apartment For Sale
Magellan Way, Derby
DE24 1AD
Added 08 Jul 2025
Property Details
Property Type
Apartment
Bedrooms
2
Location
DE24
Description
* 2 Double Bedrooms
* 2 Bathrooms (Including En-Suite)
* Allocated Parking Space
* Modern Interior with Double Glazing
* Sought-After Residential Development in Wilmorton
* Spacious Lounge with French Doors to Front
* Secure Entry & Low Maintenance Investment
* Close to Derby City Centre, Pride Park, and A6/A52
INVESTMENT INFORMATION
Metric Value
Asking Price £117,500
Monthly Rent £795pcm
Annual Income £9,540 p.a.
Gross Yield 8.1%
Service Charge £1,908.52 p.a.
Ground Rent £165.00 p.a.
Net Yield 6.4%
PROPERTY DESCRIPTION
A well-maintained two-bedroom ground-floor apartment ideally positioned for professionals working in Derby City Centre, Pride Park, or Rolls-Royce. Set within a quiet residential development, this spacious and bright apartment offers generous living accommodation and excellent investment credentials.
* Entrance Hallway
With a secure UPVC front door, electric heater, and access to all rooms.
* Lounge - 16'6" x 13'5" (5.04m x 4.10m)
Bright and spacious living space with UPVC front window, French doors leading outside, and twin electric heaters.
* Kitchen - 7'11" x 7'7" (2.42m x 2.32m)
Modern kitchen with integrated oven, hob, extractor fan, fridge-freezer, and washer/dryer. Stainless steel sink and wall/base units with vinyl flooring.
* Bedroom One - 12'7" x 8'8" (3.84m x 2.65m)
Double bedroom with UPVC window, electric heater, and access to a private:
* En-Suite Shower Room
With a walk-in shower, pedestal sink, WC, tiling, extractor, and vinyl flooring.
* Bedroom Two - 11'9" x 8'4" (3.60m x 2.55m)
Another well-proportioned double bedroom with UPVC window and electric heater.
* Main Bathroom
Fitted with a three-piece suite including bath, WC, pedestal sink, tiling, extractor, and wall heater.
* External
Private allocated parking space included-well-kept communal areas.
Location
Nearby Properties
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Listed by
Pure
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