Initial price	£360,000
02/10/25	£330,000
14/11/25	£315,000
Price Change	-12.50%

This prime investment opportunity is a Grade II listed building located in Derby's main professional and business district, next to the University of Derby School of Law and just 0.1 miles from the UoD Business School. With planning and listed building approvals already granted, the property offers a well-positioned and ready-to-develop opportunity. The estimated build cost is £285,000, with a projected gross annual income of £84,000. The property features a mix of studios, including double occupancy studios with kitchens, single occupancy studios with tea stations, and en-suite rooms. The rental scope reflects a strong return potential, with a total projected gross rental income of £7,375 per calendar month (£84,000 per annum). The property is fully documented, including comprehensive reports and a 3D virtual walkthrough video, making it a low-risk investment opportunity in a high-demand rental market.