Magellan Way

Investment Opportunity Email – 26 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

1. 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.
2. 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

3. 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

4. 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

FINANCING EXAMPLE

For investors considering mortgage financing:

Example BTL Mortgage Scenario:

• Purchase Price: £190,000
• Deposit (25%): £47,500
• Mortgage: £142,500
• Interest Rate: 5.5% (example)
• Monthly Interest: £653.13
• Monthly Rental Income: £995
• Monthly Cash Flow: £341.87 (before other costs)

These are illustrative examples only. Actual mortgage terms will vary based on lender criteria, your circumstances, and market conditions. Consult with a specialist BTL mortgage broker for personalised advice.

COMPARABLE MARKET ANALYSIS

Three-bedroom properties in Pride Park typically achieve rental values of £950-1,050 PCM depending on specification. This property’s current rent of £995 PCM sits comfortably within market range, with the garage and parking providing justification for premium positioning.

The location’s consistent demand and limited supply of quality stock support strong capital growth prospects alongside rental income.

PRIDE PARK – AREA PROFILE

Pride Park has established itself as Derby’s premier address for modern urban living:

• Developed 1990s-2000s – mature, well-established residential community
• Mixed-use development – residential, commercial, and leisure facilities
• Derby County FC – Pride Park Stadium adds vibrancy and amenity
• Business Park – major employers including Rolls-Royce HQ
• Excellent infrastructure – well-maintained roads, landscaping, and facilities
• Strong capital growth history – outperformed Derby average over long term
• Low crime rates – safe, family-friendly environment

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: 0161 337 3890 to find out more

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