This multi-unit property presents a compelling investment opportunity in the heart of Derby city centre, featuring 23 self-contained apartments that offer significant income potential. Each unit comes equipped with its own kitchen and bathroom facilities, making them appealing for student rentals, and the income for the 2025/26 academic year is projected to exceed £221,000. The property has previously undergone comprehensive renovations in 2019, when it was transformed under planning reference DER/08/18/01227. Given its prime location within walking distance of the University of Derby and local amenities, there is also room for further enhancement to boost rental yields, particularly as demand in Derby's student housing market continues to rise. The presence of secure gated parking adds additional value to this investment. Although the property is currently operational, some areas may benefit from updating or cosmetic improvements to maximize appeal and rental income, allowing investors to capitalize on the growing local market.
