£3,000,000
Est. Mortgage £13,681 per month*

32 bedroom flat for sale

Friar Gate, Derby
flat flat
bedrooms 32 bedrooms

Property description

Welcome to Norman House – a rare opportunity to acquire 25 modern apartments in a prime city centre location, perfectly positioned for both urban living and long-term investment growth.

Norman House offers a versatile mix of apartment types including:
Two-bedroom, two-bathroom
Two-bedroom, one-bathroom
One-bedroom, one-bathroom

Each apartment is well-presented and finished to a high standard, designed for modern city living with bright interiors and practical layouts. Located in the heart of the city centre, Norman House is ideally situated close to transport links, major employers, shopping, and leisure — ensuring ongoing tenant demand and capital growth potential.

Whether you're seeking to acquire the portfolio or simply buy one or two in individual units, this opportunity caters to both portfolio and entry-level investors.

INVESTMENT DETAILS

Total Annual Rental Income: £229,356
Yields Range: 7.45% to 8.25%
Average Yield: 7.72%
Service Charge: ££27,918.86
Ground Rent:£2,195.05
Building Insurance Costs: £5,006.01

The block is fully let and income-generating, offering stable, predictable returns from day one.

An excellent opportunity 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, Norman House represents a turnkey investment for serious investors.

Enquire today for further financial breakdowns, pricing on individual units, or to arrange a viewing.

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First listed

Over a month ago

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Friar Gate, Derby

Marketed by

haart Estate Agents - Derby 25 St James Street Derby DE1 1RF
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DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by haart Estate Agents - Derby. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact haart Estate Agents - Derby for full details and further information.