Summary - Colyear Street, Derby DE1 1LA
1 bed 1 bath Apartment
New one-bed city apartment offering 6% projected yields—ideal for yield-focused investors..
Projected NET yields of 6%
Completion Q4 2025; new-build, turn-key finish
Part-furnished with integrated white goods
Leasehold with 250 years remaining
Off-street parking (may incur additional cost)
No flood risk recorded
Very high local crime — may impact insurance and tenant mix
Located in a very deprived area; active management advised
This one-bedroom apartment in central Derby is a newly built, leasehold investment opportunity with projected NET yields of 6% and completion due Q4 2025. Sold part-furnished with integrated white goods and modern finishes, it’s aimed at investors targeting students and young professionals in a busy city-centre location.
The building offers contemporary interiors and off-street parking (parking may incur additional cost), plus a 250-year lease from new and no recorded flood risk. The area’s strong rental demand supports occupancy, helped by plentiful local amenities, good nearby schools and transport links.
Buyers should weigh clear positives against material local issues: the neighbourhood records very high crime and sits in a very deprived area, which can affect tenant profiles, insurance and management needs. This apartment suits investors prepared to manage urban lettings and who prioritise yield and new-build simplicity over a low-crime suburb.
Overall, this is a straightforward, ready-for-market city-centre rental asset with modern specification and predictable tenancy appeal, but it requires active management and risk-aware underwriting because of local social and safety factors.
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