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Friar Gate, Derby 32 bed apartment for sale
Friar Gate, Derby
£3,000,000
Friar Gate, Derby
£3,000,000
Our Summary
- Turnkey Investment Opportunity
Description
Norman House is a rare opportunity to acquire 25 modern apartments in a prime city centre location, offering a versatile mix of two-bedroom, one-bedroom, and studio apartments. Each apartment is well-presented and finished to a high standard, designed for modern city living with bright interiors and practical layouts. The property is ideally situated close to transport links, major employers, shopping, and leisure, ensuring ongoing tenant demand and capital growth potential. The block is fully let and income-generating, offering stable, predictable returns from day one, with yields ranging from 7.45% to 8.25% and an average yield of 7.72%. This turnkey investment opportunity is ideal for serious investors seeking strong yields, low void risk, and long-term growth potential.