Friar Gate, Derby 33 bed apartment for sale

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Friar Gate, Derby 33 bed apartment for sale

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.