Magellan Way, City Point
By Hannells Estate Agents
£ 115,000
Reviews
2 out of 5 stars
Hannells Estate Agents says ..
** No Upward Chain ** This two-bedroom ground-floor apartment is ideally situated on the popular City Point development, close to Pride Park. Perfect for investors and first-time buyers alike, the property offers the unique benefit of direct access from the car park via French doors into the livi...
Property Oracle says ..
This property is a two-bedroom apartment located in Alvaston, Derby. The apartment is in good condition and appears modern, with neutral decor and a relatively modern kitchen and bathroom. While the apartment itself is in good order, it is important to note that the property has no outdoor space. The location is convenient, with nearby schools, transportation links (Derby train station is approximately 2.13km away), and local amenities. However, the average house price in the area is significantly higher than the list price of this apartment, suggesting it may be undervalued. The lack of plot size is a significant drawback. Further investigation into the specifics of the building, such as service charges and leasehold details, is recommended.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 8
- Location
- 7
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 560.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 358,333.00 £Increased by 6.25 %
- Est sale value
- 180,880.00 £Increased by 10.62 %
- Average area rental value
- 1,283.00 £/moDecreased by 3.24 %
- Est letting value
- 560.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.30 %Decreased by 8.90 %
- Crime Rate
- 21.00 %Unchanged by 0.00 %
Agent Activity
Hannells Estate Agents created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Alvaston Children'S Centre | Children's Centre | 0.32 KM | |
| Lakeside Primary Academy | Academy Sponsor Led | 0.47 KM | |
| Derby Pride Academy | Free Schools Alternative Provision | Outstanding | 0.62 KM |
| Zaytouna Primary School | Free Schools | Requires improvement | 1.40 KM |
| Utc Derby Pride Park | University Technical College | 1.56 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Deadman's Lane | £ 0 | 0 | 0.00 KM |
| Meadow Lane | £ 130,000 | 0 | 0.00 KM |
| Charles Road | £ 0 | 0 | 0.00 KM |
| Patterdale Road | £ 0 | 0 | 0.00 KM |
| Quintin Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Derby | 1823 | DBY | 2.13 KM |
| Peartree | 1687 | PEA | 3.09 KM |
| Spondon | 1699 | SPO | 4.01 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Magellan Way, City Point | £ 115,000 | BUY | 5 / 10 | 0.00 KM |
| Magellan Way, City Point | £ 120,000 | BUY | Unknown | 0.03 KM |
| Atlantic Way, City Point | £ 120,000 | BUY | Unknown | 0.07 KM |
| Magellan Way, Derby | £ 435,000 | BUY | 7 / 10 | 0.08 KM |
| Magellan Way, Derby, Derbyshire, DE24 | £ 190,000 | BUY | 7 / 10 | 0.08 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 66 Magellan Way | £ 153,750 | 0.08 KM |
| 26 Magellan Way | £ 163,995 | 0.08 KM |
| 30 Magellan Way | £ 220,000 | 0.08 KM |
| 44 Magellan Way | £ 143,995 | 0.08 KM |
| 16 Magellan Way | £ 116,000 | 0.08 KM |