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Shared ownership
1/9

2 bed flat for sale Magnus Court, Derby, DE21

Asking price
£50,000
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Added on 23/09/2026

50% share · about £100,000 full value
Type
Flat
Bedrooms
2
Tenure
Leasehold
106 years left(from the agent's description)

* From the agent's description. Check it with them before you rely on it.

Highlights

From the agent's description

  • Allocated parking
  • En-suite
  • 106 years left on the lease

About this property

A stylish two-bedroom apartment in Chester Green, offered on a 50% shared ownership basis. Well-presented throughout with ensuite to the main bedroom, allocated parking, and excellent access to Derby city centre and local amenities. Situated within the ever- popular and sought-after village of Chester Green, this fantastic and rare opportunity presents itself to acquire a modern and beautifully presented two-bedroom apartment on Magnus Court. The advertised price reflects a 50% shared ownership share. The property can also be purchased outright at 100% ownership for double the listed price.

Council tax

Ask agent
Per year
  • Band A
    £1,537
  • Band B
    £1,794
  • Band C
    £2,050
  • Band D
    £2,306
  • Band E
    £2,818
  • Band F
    £3,331
  • Band G
    £3,843
  • Band H
    £4,612

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Derby, 2026/27 bills run from £1,537 a year in band A to £4,612 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Derby, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Location

Magnus Court, Derby, DE21

Mortgage and stamp duty

Property price £50,000
£25k £75k
Deposit10% £5,000
£0 £50k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £45,000 mortgage. Most lenders would want a household income of about £10,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
76, Magnus Court Flat / maisonetteNov 2025538 sq ft £214/sq ft£115,000
14, Magnus Court Flat / maisonetteMar 2025678 sq ft £201/sq ft£136,000
162, Magnus Court Flat / maisonetteMar 2025635 sq ft £214/sq ft£136,000
74, Magnus Court Flat / maisonetteJan 2025570 sq ft £53/sq ft£30,000
164, Magnus Court Flat / maisonetteOct 2024560 sq ft £200/sq ft£112,000
174, Magnus Court Flat / maisonetteOct 2024775 sq ft £174/sq ft£135,000
16, Magnus Court Flat / maisonetteJan 2024538 sq ft £216/sq ft£116,500
20, Magnus Court Flat / maisonetteDec 2023570 sq ft £219/sq ft£125,000

All sales on Magnus Court → All sold prices in Derby →

Area insights

The neighbourhood around this property.

Marketed by
haart, Derby
24 Cornmarket, Derby, Derbyshire
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