Mill Street, DERBY

This property represents a significant investment opportunity in the heart of Derby, featuring 23 self-contained units with a strong income potential. Currently generating over £221,000 projected for the 2025/26 academic year, this asset has been previously renovated in 2019 under approved planning reference DER/08/18/01227. Each unit boasts its own kitchen and bathroom facilities alongside separately metered utilities, making it an appealing option for student accommodation. Conveniently situated within walking distance to the city centre and University of Derby, it is well-positioned to benefit from Derby's growing rental market. While fully operational as is, there may still be potential for further enhancements or value-adding renovations, especially considering the ongoing development in the surrounding area. The property comes equipped with secure gated parking and has provisions for broadband connectivity across various speeds. This is an ideal opportunity for those looking to tap into a thriving sector while also leaving room for future growth.