Initial price	£360,000
02/10/25	£330,000
Price Change	-8.33%

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 within a short walk from Derby Market Place. The property has planning and listed building approvals already granted, offering 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 proposed rental structure includes a mix of single and double-occupancy studio units, with a total projected gross rental income of £7,375 per calendar month. The property is fully documented, including planning and listed building consent, architectural drawings, and a 3D virtual walkthrough video. This opportunity presents a well-positioned and low-risk investment in a high-demand rental market, particularly appealing to students and professionals. With all necessary approvals in place and comprehensive documentation included, it offers a strong return potential in a sought-after city centre location.