2 Bed Apartment For Sale

Magellan Way, Derby

DE24 1AD

£117,500

Added 08 Jul 2025

Property Details

Property Type

Apartment

Bedrooms

2

Location

DE24

Description

PROPERTY HIGHLIGHTS

* 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

Map showing DE24 1AD

Nearby Properties

Disclaimer: Property descriptions, images, and related information displayed on this page are aggregated from publicly available sources across the web and presented for informational purposes only. While we strive for accuracy, home.co.uk cannot guarantee that all details are current or complete. This information is provided as a guide only and should not replace professional property advice. We strongly recommend contacting Pure directly to verify availability, arrange viewings, and obtain comprehensive property documentation.

Listed by

Pure

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