We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · DE24 1AE
For saleReduced £5k (−4.3%) on 23 SepListed 56 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious and well-presented two double bedroom apartment, located within the highly sought-after City Point development on Panama Circle. This property is ideal for first-time buyers or investors.
The property opens into a welcoming entrance hallway leading through to a bright and spacious lounge. The lounge is complemented by a separate fitted kitchen, offering ample storage and workspace.
There are two well-proportioned double bedrooms, including a principal bedroom with the added benefit of a private en-suite shower room.
A modern family bathroom fitted with a contemporary white three-piece suite.
Further benefits include electric heating, uPVC double glazing, a secure telecom entry system, and an allocated parking space.
Situated within the popular City Point development, the property is ideally positioned for access to a wide range of local amenities.
Derby Railway Station and Alvaston Park are both within walking distance, providing excellent transport links and green space nearby.
The property benefits from well-maintained communal areas and an allocated parking space, offering convenience for residents and visitors alike.
This is a fantastic opportunity to acquire a modern, low-maintenance apartment in a convenient and well-connected location-perfect for stepping onto the property ladder or expanding an investment portfolio.
Early viewing is highly recommended to fully appreciate what this property has to offer.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
.png){kind=logo}
FAQ
About 57, Panama Circle, Derbyshire
Explore nearby
