NEW HOME
Mulberry House, 31 Castleward Boulevard
£3,247,500Knowing the purchase price means you can work out the total cost of buying the property.Read more about property price in our glossary page.
Added yesterday
- PROPERTY TYPE
Apartment
- BEDROOMS
18
- BATHROOMS
18
- SIZE
Ask agent
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Key features
- Ready-Made Portfolio: 17 fully let apartments across John Street and Courtyard
- Strong Income: £15,750 monthly rent (£189,000 annual) secured from day one
- Secure Tenancies: Fixed-term ASTs in place ranging from 6 to 12 months
- Unit Mix: Combination of one-bedroom and a larger two-bedroom apartment for balance
- Added Value: Many apartments include balconies or Juliet windows, with selected units offering parki
- Long-Term Security: Development benefits from a 10-year build warranty
- Prime Location: Positioned in Derby’s Castleward regeneration area, close to city centre and train s
- Consistent Demand: Appeals to professionals, commuters, and students ensuring ongoing rental interes
- High Specification: Modern kitchens with integrated appliances, stylish bathrooms, and energy-effici
- Investor Appeal: Fully managed, low-maintenance apartments ideal for hands-off landlords
Description
PROPERTY SUMMARY This portfolio of high-quality one and two-bedroom apartments offers a rare chance to acquire a ready-made investment with secure tenancies in place, strong yields, and excellent long-term growth potential. Situated within a modern development in the heart of Derby, these properties combine stylish design with practical layouts and consistent rental demand.
The portfolio consists of 17 apartments across John Street and Courtyard, including a mix of one-bedroom units and one larger two-bedroom apartment. Each property is currently let on fixed-term assured shorthold tenancies, generating a combined rental income of £15,750 per calendar month (£189,000 per annum).
All apartments have been finished to a high specification, including contemporary fitted kitchens with integrated appliances, modern bathrooms with walk-in showers, energy-efficient electric heating, and high-quality flooring throughout. Most units benefit from private balconies or Juliet windows, and selected apartments include allocated parking spaces.
The development itself offers secure entry, well-maintained communal areas, and modern architecture designed for urban living. With a 10-year build warranty, investors benefit from peace of mind around structural quality and long-term durability.
LOCATION SUMMARY Mulberry House in Castleward Boulevard, DE1, sits within Derby's thriving Castleward development, a modern and sought-after area bridging the city centre and the train station. This vibrant location offers the perfect balance of urban convenience and contemporary living, making it ideal for professionals, first-time buyers, and investors alike.
The development is within easy walking distance of Derby's main shopping hubs, including Derbion Shopping Centre, which offers a wide range of high street stores, independent shops, cafes, restaurants, and leisure facilities. The train station is just moments away, providing excellent transport links to Nottingham, Birmingham, London, and beyond, making it a prime spot for commuters.
Castleward is known for its clean, well-planned streets, landscaped green spaces, and community-focused design. The area also enjoys quick access to major road networks including the A52, A38, and M1, offering flexibility for travel across the Midlands. Mulberry House benefits from being part of this fast-developing, high-demand neighbourhood that is perfect for modern lifestyles.
INVESTMENT BREAKDOWN - Total Portfolio Value: £3,247,500
- Total Monthly Rental Income: £15,750
- Annual Rental Income: £189,000
- Tenancy Status: All units currently let with tenancies ranging from 6-12 months, providing income security from day one
APARTMENT (1) 1 Bedroom | John Street | 46 sqm / 495 sqft
Balcony: Yes | Furnished: Yes | Appliances: Yes
Let | £950 pcm | Tenancy: 6 months (15/07/25 - 14/01/26)
APARTMENT (2) 1 Bedroom | John Street | 46 sqm / 495 sqft
Parking: Space 20 | Furnished: Yes | Appliances: Yes
Let | £950 pcm | Tenancy: 6 months (15/07/25 - 14/01/26)
APARTMENT (3) 1 Bedroom | John Street | 50 sqm / 537 sqft
Furnished: Yes | Appliances: Yes
Let | £875 pcm | Tenancy: 7 months (21/07/25 - 20/01/26)
APARTMENT (4) 1 Bedroom | Courtyard | 46 sqm / 495 sqft
Balcony: Yes | Furnished: Yes | Appliances: Yes
Let | £950 pcm | Tenancy: 12 months (26/07/25 - 25/07/26)
APARTMENT (5) 1 Bedroom | John Street | 47 sqm / 508 sqft
Balcony: Yes | Furnished: Yes | Appliances: Yes
Let | £900 pcm | Tenancy: 12 months (27/05/25 - 26/05/26)
APARTMENT (6) 1 Bedroom | John Street | 46 sqm / 495 sqft
Furnished: Yes | Appliances: Yes
Let | £875 pcm | Tenancy: 12 months (31/07/25 - 30/07/26)
APARTMENT (7) 1 Bedroom | Courtyard | 50 sqm / 535 sqft
Furnished: Yes | Appliances: Yes
Let | £875 pcm | Tenancy: 12 months (11/07/25 - 10/07/26)
APARTMENT (8) 1 Bedroom | Courtyard | 46 sqm / 493 sqft
Balcony: Yes | Furnished: Yes | Appliances: Yes
Let | £900 pcm | Tenancy: 12 months (16/06/25 - 15/06/26)
APARTMENT (9) 1 Bedroom | John Street | 49 sqm / 528 sqft
Balcony: Yes | Furnished: Yes | Appliances: Yes
Let | £950 pcm | Tenancy: 12 months (15/08/25 - 14/08/26)
APARTMENT (10) 1 Bedroom | John Street | 45 sqm / 494 sqft
Balcony: Yes | Furnished: Yes | Appliances: Yes
Let | £950 pcm | Tenancy: 12 months (08/08/25 - 07/08/26)
APARTMENT (11) 1 Bedroom | John Street | 46 sqm / 495 sqft
Furnished: Yes | Appliances: Yes
Let | £900 pcm | Tenancy: 9 months (11/08/25 - 10/05/26)
APARTMENT (12) 1 Bedroom | John Street | 46 sqm / 495 sqft
Furnished: Yes | Appliances: Yes
Let | £900 pcm | Tenancy: 12 months (29/08/25 - 28/08/26)
APARTMENT (13) 1 Bedroom | John Street | 47 sqm / 508 sqft
Furnished: Yes | Appliances: Yes
Let | £900 pcm | Tenancy: 9 months (12/08/25 - 11/05/26)
APARTMENT (14) 1 Bedroom | John Street | 49 sqm / 528 sqft
Furnished: Yes | Appliances: Yes
Let | £900 pcm | Tenancy: 12 months (30/08/25 - 29/08/26)
APARTMENT (15) 1 Bedroom | John Street | 50 sqm / 537 sqft
Parking: Space 28 | Furnished: Yes | Appliances: Yes
Let | £950 pcm | Tenancy: 12 months (15/09/25 - 14/09/26)
APARTMENT (16) 1 Bedroom | John Street | 46 sqm / 495 sqft
Balcony: Yes | Furnished: Yes | Appliances: Yes
Let | £950 pcm | Tenancy: 12 months (13/09/25 - 12/09/26)
APARTMENT (17) 1 + 1 Bedrooms | Courtyard | 62 sqm / 671 sqft
Balcony: Yes | Furnished: Yes | Appliances: Yes | Parking: Space 29
Let | £1,075 pcm | Tenancy: 12 months (10/09/25 - 09/09/26)
FREE PROPERTY VALUATION Why Choose Tristram's?
- Exceptional Service: Experience the difference with Tristram's renowned service. Our dedicated team goes above and beyond to ensure your needs are not just met but exceeded at every turn.
- Rave Reviews: Don't just take our word for it! Explore our glowing reviews on Google, where satisfied clients sing our praises. Discover why Tristram's Sales & Lettings stands out from the crowd!
What We Offer:
- Free Valuation: Gain insights into your property's true value with our complimentary valuation service. Unlock hidden opportunities and maximize your return on investment.
- Expert Advice: Benefit from personalized, expert advice tailored to your unique goals and circumstances. We're here to guide you through every decision, ensuring you're empowered to make the best choices for your property.
- Results-Driven Approach: From strategic marketing to finding the perfect buyer or tenant, Tristram's delivers results that exceed expectations. Let us unleash the full potential of your property and propel you towards your real estate dreams!
Ready to embark on your property journey with confidence? Contact Tristram's today and let's turn your aspirations into reality!
DISCLAIMER Money Laundering Regulations: Tristram's ask intending purchasers to produce identification documentation. Any delay in receiving this information may cause a delay in agreeing a sale.
Measurements: The room sizes are approximate and are only intended as a guide to the size of the property. We would advise you to verify any measurements that you may require.
Services: Please note Tristram's do not test services, any equipment or appliances in the properties that we market, therefore we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
These particulars are issued in good faith as a guide to prospective purchasers, they do not constitute representations of fact or form part of any offer or contract. The particulars of any property we market should be independently verified by prospective buyers. Neither Tristram's Property Services Ltd nor any of its employees or agents has any authority to make or give any representation or warranty whatsoever in relation to this property. Tristram's has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
While we endeavour to make our sales particulars as fair, accurate and reliable as possible, they are only a general guide for prospective purchasers, therefore if there is any point which is of a particular importance to you, please contact the office and we will be pleased to look into this for you.
The portfolio consists of 17 apartments across John Street and Courtyard, including a mix of one-bedroom units and one larger two-bedroom apartment. Each property is currently let on fixed-term assured shorthold tenancies, generating a combined rental income of £15,750 per calendar month (£189,000 per annum).
All apartments have been finished to a high specification, including contemporary fitted kitchens with integrated appliances, modern bathrooms with walk-in showers, energy-efficient electric heating, and high-quality flooring throughout. Most units benefit from private balconies or Juliet windows, and selected apartments include allocated parking spaces.
The development itself offers secure entry, well-maintained communal areas, and modern architecture designed for urban living. With a 10-year build warranty, investors benefit from peace of mind around structural quality and long-term durability.
LOCATION SUMMARY Mulberry House in Castleward Boulevard, DE1, sits within Derby's thriving Castleward development, a modern and sought-after area bridging the city centre and the train station. This vibrant location offers the perfect balance of urban convenience and contemporary living, making it ideal for professionals, first-time buyers, and investors alike.
The development is within easy walking distance of Derby's main shopping hubs, including Derbion Shopping Centre, which offers a wide range of high street stores, independent shops, cafes, restaurants, and leisure facilities. The train station is just moments away, providing excellent transport links to Nottingham, Birmingham, London, and beyond, making it a prime spot for commuters.
Castleward is known for its clean, well-planned streets, landscaped green spaces, and community-focused design. The area also enjoys quick access to major road networks including the A52, A38, and M1, offering flexibility for travel across the Midlands. Mulberry House benefits from being part of this fast-developing, high-demand neighbourhood that is perfect for modern lifestyles.
INVESTMENT BREAKDOWN - Total Portfolio Value: £3,247,500
- Total Monthly Rental Income: £15,750
- Annual Rental Income: £189,000
- Tenancy Status: All units currently let with tenancies ranging from 6-12 months, providing income security from day one
APARTMENT (1) 1 Bedroom | John Street | 46 sqm / 495 sqft
Balcony: Yes | Furnished: Yes | Appliances: Yes
Let | £950 pcm | Tenancy: 6 months (15/07/25 - 14/01/26)
APARTMENT (2) 1 Bedroom | John Street | 46 sqm / 495 sqft
Parking: Space 20 | Furnished: Yes | Appliances: Yes
Let | £950 pcm | Tenancy: 6 months (15/07/25 - 14/01/26)
APARTMENT (3) 1 Bedroom | John Street | 50 sqm / 537 sqft
Furnished: Yes | Appliances: Yes
Let | £875 pcm | Tenancy: 7 months (21/07/25 - 20/01/26)
APARTMENT (4) 1 Bedroom | Courtyard | 46 sqm / 495 sqft
Balcony: Yes | Furnished: Yes | Appliances: Yes
Let | £950 pcm | Tenancy: 12 months (26/07/25 - 25/07/26)
APARTMENT (5) 1 Bedroom | John Street | 47 sqm / 508 sqft
Balcony: Yes | Furnished: Yes | Appliances: Yes
Let | £900 pcm | Tenancy: 12 months (27/05/25 - 26/05/26)
APARTMENT (6) 1 Bedroom | John Street | 46 sqm / 495 sqft
Furnished: Yes | Appliances: Yes
Let | £875 pcm | Tenancy: 12 months (31/07/25 - 30/07/26)
APARTMENT (7) 1 Bedroom | Courtyard | 50 sqm / 535 sqft
Furnished: Yes | Appliances: Yes
Let | £875 pcm | Tenancy: 12 months (11/07/25 - 10/07/26)
APARTMENT (8) 1 Bedroom | Courtyard | 46 sqm / 493 sqft
Balcony: Yes | Furnished: Yes | Appliances: Yes
Let | £900 pcm | Tenancy: 12 months (16/06/25 - 15/06/26)
APARTMENT (9) 1 Bedroom | John Street | 49 sqm / 528 sqft
Balcony: Yes | Furnished: Yes | Appliances: Yes
Let | £950 pcm | Tenancy: 12 months (15/08/25 - 14/08/26)
APARTMENT (10) 1 Bedroom | John Street | 45 sqm / 494 sqft
Balcony: Yes | Furnished: Yes | Appliances: Yes
Let | £950 pcm | Tenancy: 12 months (08/08/25 - 07/08/26)
APARTMENT (11) 1 Bedroom | John Street | 46 sqm / 495 sqft
Furnished: Yes | Appliances: Yes
Let | £900 pcm | Tenancy: 9 months (11/08/25 - 10/05/26)
APARTMENT (12) 1 Bedroom | John Street | 46 sqm / 495 sqft
Furnished: Yes | Appliances: Yes
Let | £900 pcm | Tenancy: 12 months (29/08/25 - 28/08/26)
APARTMENT (13) 1 Bedroom | John Street | 47 sqm / 508 sqft
Furnished: Yes | Appliances: Yes
Let | £900 pcm | Tenancy: 9 months (12/08/25 - 11/05/26)
APARTMENT (14) 1 Bedroom | John Street | 49 sqm / 528 sqft
Furnished: Yes | Appliances: Yes
Let | £900 pcm | Tenancy: 12 months (30/08/25 - 29/08/26)
APARTMENT (15) 1 Bedroom | John Street | 50 sqm / 537 sqft
Parking: Space 28 | Furnished: Yes | Appliances: Yes
Let | £950 pcm | Tenancy: 12 months (15/09/25 - 14/09/26)
APARTMENT (16) 1 Bedroom | John Street | 46 sqm / 495 sqft
Balcony: Yes | Furnished: Yes | Appliances: Yes
Let | £950 pcm | Tenancy: 12 months (13/09/25 - 12/09/26)
APARTMENT (17) 1 + 1 Bedrooms | Courtyard | 62 sqm / 671 sqft
Balcony: Yes | Furnished: Yes | Appliances: Yes | Parking: Space 29
Let | £1,075 pcm | Tenancy: 12 months (10/09/25 - 09/09/26)
FREE PROPERTY VALUATION Why Choose Tristram's?
- Exceptional Service: Experience the difference with Tristram's renowned service. Our dedicated team goes above and beyond to ensure your needs are not just met but exceeded at every turn.
- Rave Reviews: Don't just take our word for it! Explore our glowing reviews on Google, where satisfied clients sing our praises. Discover why Tristram's Sales & Lettings stands out from the crowd!
What We Offer:
- Free Valuation: Gain insights into your property's true value with our complimentary valuation service. Unlock hidden opportunities and maximize your return on investment.
- Expert Advice: Benefit from personalized, expert advice tailored to your unique goals and circumstances. We're here to guide you through every decision, ensuring you're empowered to make the best choices for your property.
- Results-Driven Approach: From strategic marketing to finding the perfect buyer or tenant, Tristram's delivers results that exceed expectations. Let us unleash the full potential of your property and propel you towards your real estate dreams!
Ready to embark on your property journey with confidence? Contact Tristram's today and let's turn your aspirations into reality!
DISCLAIMER Money Laundering Regulations: Tristram's ask intending purchasers to produce identification documentation. Any delay in receiving this information may cause a delay in agreeing a sale.
Measurements: The room sizes are approximate and are only intended as a guide to the size of the property. We would advise you to verify any measurements that you may require.
Services: Please note Tristram's do not test services, any equipment or appliances in the properties that we market, therefore we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
These particulars are issued in good faith as a guide to prospective purchasers, they do not constitute representations of fact or form part of any offer or contract. The particulars of any property we market should be independently verified by prospective buyers. Neither Tristram's Property Services Ltd nor any of its employees or agents has any authority to make or give any representation or warranty whatsoever in relation to this property. Tristram's has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
While we endeavour to make our sales particulars as fair, accurate and reliable as possible, they are only a general guide for prospective purchasers, therefore if there is any point which is of a particular importance to you, please contact the office and we will be pleased to look into this for you.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Off street,Allocated
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Mulberry House, 31 Castleward Boulevard
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About Tristrams Sales & Lettings, Nottingham
260-262 Derby Road, Bramcote, Nottingham, NG9 3JNIndustry affiliations:
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Visit our security centre to find out moreDisclaimer - Property reference 101457010573. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Tristrams Sales & Lettings, Nottingham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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