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6 Britannia Street
Leeds
West Yorkshire
LS1 2DZ
Plot 2 Riverside Apartments, Derby
Prices from £178,950
1 Bedroom Apartment
- 5.5% projected gross yield, above the Derby average
- £825 pcm projected rent for a city-centre one-bed
- Guide price £178,950, chain free
- Short walk to Derbion and Derby Midland station
- On-site co-working space for remote-working tenants
- Residents' cinema room and secure bike store
- Strong demand from graduates and young professionals
- £300m+ of city-centre regeneration underway nearby
- Leasehold, buy-to-let mortgage friendly
A well-proportioned one-bedroom apartment inside Riverside Apartments, a contemporary development on the banks of the River Derwent in Derby's Cathedral Quarter. Open-plan living, a fitted kitchen and a good-sized double bedroom make this an easy unit to let and keep let. Residents share a genuinely useful set of amenities: an on-site co-working space, a private cinema room and a secure bike store. The location does much of the work. Derbion, the Cathedral Quarter's bars and restaurants, and Derby Midland station all sit within a short walk, which is what one-bed tenants here pay for.
INVESTMENT
Derby is one of the East Midlands' most dependable buy-to-let markets, and the DE1 outcode sits at its centre. Prices here stay well below the England average, so the entry point is low while rents climb against a stubborn supply and demand gap. Around 20,000 households across Derbyshire are on housing waiting lists, and central stock lets quickly. Employment underpins the demand: Rolls-Royce employs roughly 12,000 people in the city, anchoring a deep advanced-manufacturing and rail-engineering base, while the University of Derby feeds a steady flow of graduate renters into the centre. Regeneration is reshaping DE1 too, led by the £200m Becketwell scheme and its Vaillant Live arena and the £100m Castleward Urban Village.
WHY INVEST
£178,950 guide price, at the keen end of the range for comparable city-centre one-beds. Projected rent of £825 pcm returns a gross yield of 5.5%, ahead of the Derby apartment average of roughly 4.5–5%. More than £300m of regeneration is landing nearby, demand runs at around 20 renters per unit, and JLL forecasts UK rents up 17% by 2029. Chain free. Early enquiries advised.
All figures are illustrative and based on comparable local market data. Rental income and yields are projections and not guaranteed.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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