<|start_header_id|>assistant<|end_header_id|> Here is a summarized version of the property description in a single paragraph: A prime development opportunity in Derby's city centre is now up for auction. The 0.2-acre site, formerly home to a block of garages and two plots of land, has full planning consent for a three-storey mixed-use development with retail and residential units. The project includes a commercial unit, 10 studio apartments, and two one-bedroom flats, with an estimated Gross Developmental Value of £2.4-2.5 million. The studio apartments are expected to sell for £100-110,000, while the one-bedroom flats will fetch £120-140,000. The retail unit should rent for £2,500 per month, and the apartments will yield £650-600 per month. The planning application has been resubmitted and is due for a decision in October 2024. With its prime location near the city centre, university, and transport links, this is a fantastic opportunity for developers and investors.