9 bed town house

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9 bed town house

Friar Gate, Derby DE1
£330,000

Price History

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

Description

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 walking distance to the city centre. The property has already received planning and listed building approvals, making it a well-positioned and ready-to-develop opportunity. With a projected gross annual income of £84,000, the property offers a strong return potential in a high-demand rental market, particularly appealing to students and professionals. The property features a mix of single and double-occupancy studio units, with a communal area on the ground floor and en-suite facilities throughout. The sale includes comprehensive documentation, including architectural drawings, reports, and a 3D virtual walkthrough video, making it a low-risk investment opportunity.