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Friar Gate, Derby 33 bed apartment for sale
Friar Gate, Derby
£3,075,000
Friar Gate, Derby
£3,075,000
Price History
| Initial price | £3,100,000 |
| 07/09/25 | £3,000,000 |
| 06/01/26 | £3,025,000 |
| 08/01/26 | £3,075,000 |
| Price Change | -0.81% |
Description
Norman House is a rare opportunity to acquire 25 modern apartments in a prime city centre location, offering a versatile mix of two- and one-bedroom units with high-end finishes and practical layouts. Each apartment is well-presented and designed for modern city living, with bright interiors and convenient locations. With its prime location, the property is 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 is an excellent opportunity for serious investors to acquire a fully tenanted and income-producing asset in a thriving city centre location, with strong yields, low void risk, and long-term growth potential.