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Panama Circle, City Point, Derby, DE24

PROPERTY TYPE

Flat

BEDROOMS

2

BATHROOMS

2

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • For Sale by Modern Method of Auction
  • Subject to Reserve Price - Buyers fees apply
  • Two Double Bedrooms
  • Ensuite to Master Bedroom
  • First Floor Apartment
  • Recently Redecorated
  • Allocated Parking Space
  • Modern Bathroom
  • Leasehold

Description

This well-presented first-floor apartment offers spacious and practical accommodation and has recently been redecorated throughout, providing a fresh, neutral finish ideal for immediate occupation.

The property is accessed via a secure communal entrance with stairs leading to the first floor. Internally, a welcoming entrance hall provides access to all rooms, along with a useful storage cupboard and intercom system.

The generous living room offers ample space for both lounge and dining furniture, with French doors opening to a Juliette-style balcony that allows plenty of natural light. The fitted kitchen is well laid out and comprises a range of wall and base units, integrated oven and hob with extractor, and space for appliances.

There are two bedrooms, including a spacious main bedroom with fitted wardrobes and the benefit of a private ensuite shower room. The second bedroom is a well-proportioned room, suitable as a double bedroom, guest room or home office. The accommodation is completed by a modern family bathroom fitted with a white suite.

Externally, the property benefits from an allocated parking space, providing convenient off-road parking.

Panama Circle is well positioned for access to local amenities, transport links and Derby city centre, making this an ideal purchase for first-time buyers, downsizers or buy-to-let investors.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £300.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

EPC rating: B. Tenure: Leasehold, Length of lease (remaining): 134 years 10 months,

Communal Entrance

Secure communal entrance with stairs rising to the first floor.

Entrance Hall

A welcoming hallway providing access to all accommodation, featuring an intercom system and useful storage cupboard. The property has recently been redecorated throughout, giving a fresh and neutral finish.

Living Room

A bright and spacious living room offering ample space for both lounge and dining furniture. French doors open to a Juliette-style balcony, allowing plenty of natural light.

Kitchen

A modern fitted kitchen comprising a range of wall and base units with complementary worktops, integrated oven and hob with extractor above, and space for a fridge/freezer and washing machine.

Bedroom One

A generous double bedroom benefitting from fitted wardrobe storage and access to a private ensuite shower room.

Ensuite

Fitted with a modern white suite comprising shower enclosure, wash hand basin and WC, finished with contemporary tiling.

Bedroom Two

A well-proportioned second bedroom, ideal as a double bedroom, guest room or home office.

Bathroom

The main bathroom is fitted with a modern white suite comprising a bath with shower over, wash hand basin and WC, complemented by neutral tiling and a heated towel rail.

Parking

The property benefits from an allocated parking space, providing convenient off-road parking.

Lease Information

Lease Term: 155 years from 1 January 2006. Term Remaining: 135 years. Start Date: 29/05/2008 End Date: 01/01/2161. Service Charge: £1800per annum. Annual Ground Rent: £136.00

Disclaimer

These particulars are issued in good faith but do not form part of any offer or contract. Details should be independently verified. Measurements are approximate, and services or appliances have not been tested. Buyers should make their own enquiries or surveys. Please contact us for clarification if travelling some distance to view.

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Off street,Private
GARDENA property has access to an outdoor space, which could be private or shared.
Communal garden
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Panama Circle, City Point, Derby, DE24

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About Northwood, Derby

Canal Side Farm Office, Canal Side Farm, Stenson Road, Stenson, Derby, DE73 7HL
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Northwood was founded in 1995 in Portsmouth but now has a national network of branches from Aberdeen to Plymouth and from Cardiff to Norwich. We operate a high calibre letting, estate agency and financial services business and we are renowned for our unique Guaranteed Rental Income Scheme that is not an insurance policy. Contact us now!

Your mortgage

Per year
Lenders usually expect a 10% deposit
%
Choose between 2 and 40 years
Years
Current average is 4.5%
%
Monthly repayments
£457
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference P1414. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Northwood, Derby. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Northwood, Derby on 01332 215583.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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