Buy to Let Property

Prosperity House, Derby

From: £99,995
Complete development
City Centre location
Yields of 7% achievable
Modern and open plan living space

Buy to Let Property in Derby – Prosperity House


Prosperity House is a buy to let property in Derby city centre. It comprises 147 one and two bedroom apartments over two phases.

The property is within walking distance of a range of first class amenities, including the Intu Shopping Mall, a more traditional market square and the Cathedral Quarter. The Cathedral Quarter comprises an eclectic mix of cafes and independent boutiques, offering an interesting alternative to the shopping centre.

Key Figures

£99,995
Starting Price

7%
Net Yield

Q4 2019
Completion Date

Investment Details

All apartments offer a modern, open-plan living space with large windows to ensure plenty of natural light floods in. Each apartment is furnished to the highest specification, with hardwood veneers and stainless steel sockets, stylish bedroom décor and custom built kitchens.

Units in Prosperity House are available for purchase through a Monthly and Mortgage Plan. This option is perfectly suited to individuals who would like to invest, but do not have the lump sum readily available; payments can be made over several months.


Property Investment Fundamentals

  • Completed – no development risk
  • £99,995 purchase price
  • Yields of 7% achievable
  • Frequent trains to London St. Pancras
  • Mortgage or developer finance – 30% deposit required
  • Walking distance to the city’s best restaurants
  • City centre location

Why Invest in Buy to Let Property in Derby?

Derby enjoys a convenient location as the UK’s most central city. This has earnt it a place in the “Top 25 European Cities Overall”, alongside London and Berlin. The amount of regeneration the city is undergoing, and its proximity to Nottingham, makes it an attractive place for students and families alike. Due to its central location, Derby is also well-connected and boasts excellent transport links with frequent trains going directly to London St. Pancras in 1hr 28mins, making it an attractive home for commuters.

The Numbers

Ground Rent:£250 p.a.

Number of Units:Last few left

Service Charge:Estimated £900 p.a.

Prices:From £99,995

Leasehold:125 years

Derby Railway Station
Infinity Business Park
Intu Derby (Shopping Centre)
Derby High Primary
Landau Forte College Derby

1 and 2 bedroom apartments offering modern open plan living and dining space with oversized windows ensuring maximum natural light. With hard wood veneer floors and stainless steel sockets throughout, these high grade specifications with custom built kitchens, integral appliances and stylish bathroom designs come as standard, offering a home with style, luxury and comfort.

  • Reservation fee- 30%
  • Completion Stage - 70% of purchase price by way of mortgage

“We are your partner in prosperity”

If you are considering buying investment property, it starts with a conversation. If we understand what you are looking for we are in a better position to help you achieve your goals and save you time by recommending the most suitable property.

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