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6 Britannia Street
Leeds
West Yorkshire
LS1 2DZ
Plot 9 Riverside Apartments, Derby
Prices from £218,950
2 Bedroom Apartment
- 5.5% projected gross yield, above the Derby average
- £1000 pcm projected rent for a city-centre one-bed
- Guide price £218,950, chain free
- Two double bedrooms, ideal for sharers or professionals
- On-site co-working space and residents' cinema room
- Secure bike store within the development
- Leasehold, buy-to-let mortgage friendly
- £300m+ of city-centre regeneration underway nearby
A generous two-bedroom apartment within Riverside Apartments, a contemporary development on the River Derwent in Derby's Cathedral Quarter. Two double bedrooms and open-plan living give it real flexibility, letting equally well to professional sharers, couples or a small family. Residents have use of an on-site co-working space, a private cinema room and a secure bike store. Two-bed stock in central Derby is in short supply and lets fast, and this one sits a short walk from Derbion, the Cathedral Quarter and Derby Midland station, the amenities that keep quality tenants in place and voids low.
INVESTMENT
Derby is one of the East Midlands' most dependable buy-to-let markets, and DE1 is its core. Prices here stay well below the England average, keeping the entry point low while rents rise against a persistent shortage of stock. Roughly 20,000 households across Derbyshire sit on housing waiting lists, and central two-beds are the fastest-moving apartments in the city. Rolls-Royce employs around 12,000 people locally, anchoring a deep advanced-manufacturing and rail-engineering economy, while the University of Derby supplies a reliable graduate and professional tenant base. Regeneration is accelerating the story, with the £200m Becketwell scheme and its Vaillant Live arena and the £100m Castleward Urban Village reshaping the streets around this postcode.
WHY INVEST
£218,950 guide price, priced at market against comparable central two-beds. Projected rent of £1,000 pcm delivers a gross yield of 5.5%, ahead of the Derby apartment average of about 4.5–5%. Two-bed demand is strong, with roughly 20 renters per unit, more than £300m of regeneration nearby, and JLL forecasting 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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