- Three bedroom new build town house for sale with tenants in situ +
- Current rental income of £995pcm (£11,940 per annum) producing a yield of 6.3% +
- Freehold property +
- Property includes a garage and parking +
- Popular location, close to Derby Railway Station and Derby city centre +
Investment Opportunity Email - Magellan Way
Subject: TENANTED Investment: 3-Bed Pride Park Derby | £190k | £995 PCM | 6.3% Gross Yield
Dear Valued Investor,
Pure Investor is delighted to present an outstanding tenanted buy-to-let opportunity in one of Derby's most sought-after modern developments, offering immediate rental income and exceptional connectivity.
INVESTMENT SUMMARY
Property: 26 Magellan Way, Pride Park, Derby, DE24 1AD
Price: £190,000 Freehold
Current Rental Income: £995 per calendar month (£11,940 per annum)
Gross Yield: 6.3%
Status: Currently tenanted - immediate income stream
Type: Modern 3-Bedroom Town House with Garage & Parking
Development: City Point, Pride Park - Premium residential location
WHY THIS PROPERTY WORKS FOR INVESTORS
Proven Rental Income in Premium Location Currently generating £995 PCM, this property demonstrates strong market demand in one of Derby's most desirable residential areas. The existing tenancy provides income certainty and eliminates void risk at purchase.
Outstanding Location - Pride Park, Derby
Pride Park represents Derby's premier mixed-use development, offering:
Walking distance to Derby Railway Station - direct services to London St Pancras (90 mins), Birmingham, Nottingham, Sheffield
Excellent road connectivity - immediate access to A50, A52, and M1 motorway network
Easy reach of Derby city centre - shops, restaurants, entertainment, and services
Major employment hub - Pride Park Business Park on doorstep (home to major corporate headquarters)
Modern residential environment - the City Point development offers contemporary living in a well-managed estate
Strong transport infrastructure - ideal for commuters and professionals
High-Specification Property
This modern three-bedroom town house offers features that command premium rents:
Master bedroom with ensuite - highly sought-after by professional tenants
Three genuine bedrooms - appeals to families and professional sharers
Downstairs cloakroom - additional convenience enhancing rental value
Modern dining kitchen - with French doors to patio creating indoor-outdoor living
Private rear garden - valuable outdoor space in urban location
Garage + private parking - significant competitive advantage in city location
Contemporary specification throughout
Strong Tenant Demand Drivers
Pride Park's location ensures consistent tenant demand from:
Professionals working at Pride Park Business Park
Railway commuters (London, Birmingham, East Midlands)
Derby city centre workers
Hospital staff (Royal Derby Hospital nearby)
Rolls-Royce and Toyota employees
Young professionals and families seeking quality modern accommodation
LET PURE INVESTOR TAKE THE STRAIN.....
We offer a comprehensive lettings and property management service, ensuring our landlords benefit from a single point of contact for their entire portfolio. From London to Lancaster, from Cardiff to Colchester, we offer a fully managed service for landlords looking to minimise costs and maximise efficiency across their portfolio.
Fully managed lettings and property management service
Comprehensive coverage throughout England and Wales
One team, one fee across your full portfolio
Rental income protection available
Transfer your existing properties quickly and easily
If you would like to find out more about our lettings and property management service, or would like to find out how much we can save you each month, why not contact our team today on Tel: to find out more