4 Bed Terraced House, Single Let, Derby, DE24 1AE, £255,000

Panama Circle, Derby, Derbyshire, DE24 1AE - 5 views - 2 months ago

Sold STC
BTL
~129 m²
+11 photos

ValuationOvervalued

Sold Prices£92K - £500K
Sold Prices/m²£658/m² - £4.9K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2K/m²

Value Estimate

£236,817

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£63,750

Stamp Duty & Legal Fees

£9,100

Total Cash In

£72,850

 

 

Cash Out

 

Rent Range

£500 - £3,000

Rent Estimate

£869

Running Costs/mo

£991

Cashflow/mo

£-122

Cashflow/yr

£-1,460

Gross Yield

4%

Local Sold Prices

50 sold prices from £92K to £500K, average is £210K. £658/m² to £4.9K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£308K04/230.1 mi6, Magellan Way, Derby, City Of Derby DE24 1AD4
£180.1K11/210.2 mi787, London Road, Alvaston, Derby, City Of Derby DE24 8UU4
£186K11/210.45 mi130, Allestree Close, Derby, City Of Derby DE24 8SX4
£145K08/210.6 mi19, Westminster Street, Derby, City Of Derby DE24 8RR4
£272K12/220.63 mi36, Mandarin Way, Alvaston, Derby, City Of Derby DE24 8YE4
£231K03/210.64 mi30, Mandarin Way, Alvaston, Derby, City Of Derby DE24 8YE4
£285K01/230.64 mi11, Mandarin Way, Alvaston, Derby, City Of Derby DE24 8YE4
£205K05/210.71 mi26, Hollis Street, Derby, City Of Derby DE24 8QU4
£225K08/210.72 mi30, Kiwi Drive, Alvaston, Derby, City Of Derby DE24 8NN4
£260K08/210.72 mi83, Kiwi Drive, Alvaston, Derby, City Of Derby DE24 8NN4
£232K10/200.72 mi73, Kiwi Drive, Alvaston, Derby, City Of Derby DE24 8NN4
£92K04/210.85 mi4, Dexter Street, Derby, City Of Derby DE23 8LL4
£168.5K01/230.87 mi8, Horton Street, Derby, City Of Derby DE23 8LN4
£150K08/210.89 mi232, Osmaston Road, Derby, City Of Derby DE23 8LB4
£245K06/230.98 mi9, Beech Gardens, Alvaston, Derby, City Of Derby DE24 0EB4
£154K03/210.99 mi57, Douglas Street, Derby, City Of Derby DE23 8LJ4
£100K06/211 mi33, Grange Street, Derby, City Of Derby DE23 8HD4
£188K03/231.11 mi35, Molineux Street, Derby, City Of Derby DE23 8HF4
£115K03/211.17 mi34, Sale Street, Derby, City Of Derby DE23 8GD4
£270K12/201.2 mi19, Lime Grove, Chaddesden, Derby, City Of Derby DE21 6WN4
£253K04/211.21 mi10, St Johns Avenue, Chaddesden, Derby, City Of Derby DE21 6SE4
£220K01/231.24 mi5, Rosslyn Gardens, Alvaston, Derby, City Of Derby DE24 0FY4
£145K03/211.25 mi41, Brackens Lane, Alvaston, Derby, City Of Derby DE24 0AQ4
£187K03/211.25 mi1, Franklyn Drive, Alvaston, Derby, City Of Derby DE24 0FR4
£165K08/231.34 mi24, Harriet Street, Derby, City Of Derby DE23 8EQ4
£290K05/231.34 mi26, Reginald Road South, Chaddesden, Derby, City Of Derby DE21 6ND4
£295K12/221.38 mi7, Waldene Drive, Alvaston, Derby, City Of Derby DE24 0GY4
£115K08/211.41 mi4, Francis Street, Derby, City Of Derby DE21 6DB4
£158K06/231.45 mi29, Balfour Road, Derby, City Of Derby DE23 8UP4
£215K11/201.45 mi6, Nesfield Close, Alvaston, Derby, City Of Derby DE24 0QT4
£410K08/211.45 mi45, Chaddesden Park Road, Derby, Derbyshire DE21 6HE4
£295K04/231.46 mi33, Leopold Street, Derby, City Of Derby DE1 2HF4
£357.5K12/221.47 mi6, Babbacombe Close, Alvaston, Derby, City Of Derby DE24 0QU4
£178.6K03/211.49 mi119, Chellaston Road, Derby, Derbyshire DE24 9AF4
£285K01/231.5 mi19, Leeway, Spondon, Derby, City Of Derby DE21 7GG4
£240K03/231.56 mi372, Boulton Lane, Derby, City Of Derby DE24 9DJ4
£260K05/231.56 mi15, Caroline Close, Alvaston, Derby, City Of Derby DE24 0QX4
£145K07/231.57 mi38, Chatham Street, Derby, City Of Derby DE23 8TH4
£500K04/211.59 mi150, Shardlow Road, Alvaston, Derby, City Of Derby DE24 0JS4
£100K07/211.6 mi42, Howard Street, Derby, City Of Derby DE23 6TX4
£360K06/231.6 mi25, Stocker Avenue, Alvaston, Derby, City Of Derby DE24 0QS4
£126K01/211.64 mi3, Willowcroft Road, Spondon, Derby, City Of Derby DE21 7FR4
£435K11/211.66 miFern Bank, 144, Chaddesden Lane, Derby, City Of Derby DE21 6LJ4
£135K04/211.66 mi22, Byron Street, Derby, City Of Derby DE23 6TT4
£140K12/221.66 mi211, Upper Dale Road, Derby, City Of Derby DE23 8BS4
£220K06/231.67 mi136, Crayford Road, Alvaston, Derby, City Of Derby DE24 0HQ4
£100K12/211.67 mi64, Scott Street, Derby, City Of Derby DE23 8QT4
£181K09/211.67 mi10, Tennessee Road, Chaddesden, Derby, City Of Derby DE21 6LE4
£224K06/211.69 mi72, Empress Road, Derby, City Of Derby DE23 6TE4
£165K01/231.69 mi39, Morningside Close, Allenton, Derby, City Of Derby DE24 9JQ4

Local Rents

20 rents from £500/mo to £3K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£95012/240.1 miMagellan Way, Derby3
£1,15003/250.11 mi-3
£87512/240.35 mi-3
£85012/240.35 miChambers Street, Derby3
£1,09512/240.36 miLondon Road, Alvaston4
£87501/250.37 mi-3
£92512/240.39 miHaig Street, Derby, Derbyshire, DE24 8RH3
£1,05002/240.4 mi-4
£1,15002/250.4 mi-3
£1,05003/250.4 mi-3
£3,00001/250.41 mi-3
£1,00001/240.51 mi-3
£1,00001/240.51 mi-3
£1,10012/240.57 miWynton Avenue, Alvaston, DERBY3
£50002/240.58 mi-6
£1,10003/250.6 mi-3
£85004/250.6 mi-3
£99512/240.61 miWarren Street, Alvaston3
£2,20004/240.61 mi-3
£2,50003/250.61 mi-3

Local Area Statistics

Population in DE24

54,396

Population in Derby

308,324

Town centre distance

1.34 miles away

Nearest school

0.20 miles away

Nearest train station

1 miles away

 

 

Rental demand

Landlord's market

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Listed for £255,000

February 18, 2025

Floor Plans

Description

  • No Chain +
  • Currently Vacant +
  • Three Storey +
  • Four Bedroom +
  • Townhouse +
  • Garage And Allocated Parking Space At The Rear +

Leaders are pleased to bring to the market this four-bedroom townhouse on Panama Circle, perfectly situated just a short walk from the Pride Park Industrial Estate and just a brief drive from the town centre, offering excellent transport links. As you approach the property, you'll find convenient off-road parking with a private driveway and garage behind the property. Upon entering, you’re greeted by a bright hallway with a convenient downstairs WC. The compact kitchen, complete with a charming bay window, is perfect for culinary endeavours. To the rear, the spacious living area combines a lounge and dining room, with double doors that open to the garden, creating a seamless indoor-outdoor flow. On the first floor, there are two generously sized double bedrooms and a family bathroom, providing ample space for family or guests. The top floor offers two more double bedrooms, with the master having the use of an en-suite. This floor is versatile, perfect for additional reception rooms, bedrooms, or office space.

Agent Details

Leaders Sales, Derby Borrowash

01332 529794

Next Steps?

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