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9 bedroom town house for sale
Friar Gate, Derby DE1
£315,000
Friar Gate, Derby DE1
£315,000
Our Summary
- Grade II Listed Investment ~ £84,000 Projected Annual Income ~ High Yield Potential ~ Planning & Listed Consent Approved ~ Prime Derby City Centre Location ~ Next to UoD Business School ~ Mix of Studios ~ Turnkey Development ~ Strong Tenant Demand
- Grade II listed investment £84,000 Projected Annual Income ~ High Yield Potential ~ Planning & Listed Consent Approved ~ Prime Derby City Centre Location ~ Next to UoD Business School ~ Mix of Studios ~ Turnkey Development ~ Strong Tenant Demand
- summary: This prime investment opportunity is located in Derby's main professional and business district, next to the University of Derby School of Law and just 0
- The property is a Grade II listed building with planning and listed building approvals already granted, offering a well-positioned and ready-to-develop opportunity
- With all necessary approvals in place and comprehensive documentation included, it offers a strong return potential in a sought-after city centre location
- Let us unleash the full potential of your property and propel you towards your real estate dreams
- Planning Approved: Full planning and listed building consent already granted
Description
This prime investment opportunity is a Grade II listed building located in Derby's main professional and business district, next to the University of Derby School of Law and just 0.1 miles from the UoD Business School. With planning and listed building approvals already granted, the property offers a well-positioned and ready-to-develop opportunity. The estimated build cost is £285,000, with a projected gross annual income of £84,000. The property features a mix of studios, including double occupancy studios with kitchens, single occupancy studios with tea stations, and en-suite rooms. The rental scope reflects a strong return potential, with a total projected gross rental income of £7,375 per calendar month (£84,000 per annum). The property is fully documented, including comprehensive reports and a 3D virtual walkthrough video, making it a low-risk investment opportunity in a high-demand rental market.