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For saleReduced 23 Sept 2026
£110,000

Panama Circle, Derby, Derbyshire, DE24 1AE

2bedrooms
2bathrooms
Apartmenttype
635sq ft
Leaseholdtenure

Listed 23 Mar 2026 · price reduced 23 Sept 2026 · Derby

How the price compares

This home£110,000£173 per sq ft
Median 2 bed in DE24£170k34 homes listed · £235 per sq ft
Difference-35%below the area median

Key features

  • Two double bedrooms
  • Master bedroom with en-suite shower room
  • Spacious Lounge
  • Separate fitted kitchen
  • Allocated parking space
  • Secure telecom entry system

About this home

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.

Property details

Property type
Apartment
Size
635 sq ft / 59 sq m
Council tax band
B
Tenure
Leasehold
Lease remaining
134 years left
Ground rent
£272.18 per year (Ask agent about the review period)
Service charge
£1,797.36 per year
Parking
Yes

Floorplan

Floorplan

Location

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  • Derby Station1.0 mi
  • Peartree Station1.4 mi
  • Spondon Station1.5 mi

What nearby homes sold for

Median sold prices in DE24 over the last 12 months: semi-detached £204k · terraced £160k · detached £275k · flat £113k.

AddressTypeSoldPrice
65 Panama Circle
Derby DE24 1AE
Flat
Leasehold
10 Jul 2026£118,000
78 Panama Circle
Derby DE24 1AE
Flat
Leasehold
19 Mar 2026£119,000
62 Panama Circle
Derby DE24 1AE
Flat
Leasehold
20 Feb 2026£118,000
46 Panama Circle
Derby DE24 1AE
Flat
Leasehold
10 Dec 2025£108,000
9 Panama Circle
Derby DE24 1AE
Terraced
Freehold
5 Dec 2025£255,000
22 Panama Circle
Derby DE24 1AE
Terraced
Freehold
12 Sept 2025£185,000
80 Panama Circle
Derby DE24 1AE
Flat
Leasehold
6 Jun 2025£122,500
73 Panama Circle
Derby DE24 1AE
Flat
Leasehold
18 Feb 2025£117,000
16 Panama Circle
Derby DE24 1AE
Terraced
Freehold
29 Nov 2024£265,000
56 Panama Circle
Derby DE24 1AE
Flat
Leasehold
15 Nov 2024£118,500

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in DE24

Buying costs

Monthly repayment£550£11,000 deposit · £99,000 loan
Stamp Duty£0England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Leaders Sales, Derby Borrowash on Rightmove (original listing). First listed 23 Mar 2026; details checked 7 Nov 2026. Latest change: reduced on 23/09/2026.

Agent disclaimer

Disclaimer - Property reference DYC260064. 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 Leaders Sales, Derby Borrowash. 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.

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