Six flats with refurbishment upside near university and city centre.
Freehold six-flat period villa, approximately 3,908 sq ft
A rare freehold residential investment offering six self-contained flats in a substantial period villa, equidistant from Derby city centre and the University of Derby. The building totals around 3,908 sq ft and sits in an affluent, highly qualified-professional catchment, providing strong tenant demand potential for both students and professionals. The setting includes mature landscaping, a walled front garden and a decent plot size for an urban property.
The apartments comprise three 2-bed and three 1-bed units, presenting clear scope to add value through comprehensive refurbishment and cosmetic upgrades. Broadband speeds are fast and mobile signal is excellent, supporting modern tenant expectations. There is no flood risk and the property benefits from good local amenities, transport links and highly rated nearby schools.
Important practical considerations: the building requires renovation throughout and will need investment to reach modern standards. Buyers should allow for likely works to interiors, services and possibly communal areas. This is a long-term value play best suited to an investor or buyer prepared to project-manage a full refurbishment.
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