£3,100,000
34 bedroom flat for sale
Friar Gate, Derby
flat 
34 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: £239,556
Yields Range: 7.45% to 8.25%
Average Yield: 7.72%
Service Charge: £29,395.28
Ground Rent: £2,294.01
Building Insurance Costs: £5,270.74
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.
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: £239,556
Yields Range: 7.45% to 8.25%
Average Yield: 7.72%
Service Charge: £29,395.28
Ground Rent: £2,294.01
Building Insurance Costs: £5,270.74
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 agoEnergy Performance Certificate
Friar Gate, Derby
Marketed by
haart Estate Agents - Derby 25 St James Street Derby DE1 1RFCall agent on 01332 494591
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Monthly repayment
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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