Skip to content

Student Housing Development, 73 Monk Street, Derby, DE22 3QE

Key features

  • Planning permission for 102 Bedroom PBSA (decision pending)
  • 0.203 Acres or thereabouts
  • Prime site front the A601 Inner City Ring Road
  • Derby City Centre
  • Offers invited in Excess of £1m.

Description

Opportunity to acquire a prime 0.203 acre PBSA development site fronting the A601 Mercian Way in Derby.

The site is currently subject to a planning application (decision Pending) for the demolition of existing car showroom and erection of a three to six storey block for use as student accommodation (102 rooms in 16 cluster flats).

The new student block is to be constructed as a three to six storey structure, stepped in the direction towards the ring road. The accommodation will be set out across 16 clusters, each comprising of between 3-10 bedrooms, all with en-suites and the high majority also having kitchenettes within the bedroom space.

The site occupiers a prime location fronting the A601 Inner City Ring Road and is within short walking distance of Derby City Centre.

The site benefits from excellent public transport connections, situated close to Derby Railway Station and having several bus routes operating within close proximity, linking to the University of Derby.

The University of Derby was established in 1993 and is a highly popular University with around 22,000 students annually.

The Main campus is situated on Kedleston Road, Derby and easily accessible from the site.

Unconditional offers in excess of £1m are invited for the freehold interests, subject to contract. It is anticipated that the transaction will be completed by way of a sale of the shares of the SPV.

Interested parties are advised to contact the agents for further information and to seek appropriate advice in respect to the structure of the transaction.

Freehold – held under Titles DY115854, DY588110 and DY211949. The Property is being sold with full vacant possession.

A full suite of supporting documents are available to interested parties and can be issued upon request

Brochures

Brochure
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.
Ask agent
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

Student Housing Development, 73 Monk Street, Derby, DE22 3QE

Add an important place to see how long it'd take to get there from our property listings.

__mins driving to your place

Check how much you can borrow

Get an instant, personalised result:

  • Show sellers you’re serious
  • Secure viewings faster with agents
  • No impact on your credit score
Recently sold & under offer
See similar nearby properties

About Wood Moore & Co Ltd, Newark

Navigation House, 48 Mill Gate, Newark, NG24 4TS

Wood Moore & Co is an East Midlands based independent firm of Chartered Surveyors and Commercial Property Consultants established nearly 25 years ago. Combining wider expertise with strong local & regional knowledge, and led by a team of dedicated professionals who are long-established in the local property market throughout Nottinghamshire and Lincolnshire, with particular emphasis on commercial property in Newark, Grantham and Lincoln. Wood Moore & Co. are a multi-disciplined practice with integrated expertise in the commercial estate agency, property management and professional service sectors.

Your mortgage

Per year
Lenders usually expect a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£4,561
We think you can borrow up to
Add your household income above
Powered bynationwideThe Nationwide Logo represents a symbol of financial strength and community, empowering members to achieve their goals
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Notes

These notes are private, only you can see them.

Staying secure when looking for property

Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.

Visit our security centre to find out more

Disclaimer - Property reference 332078-1. 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 Wood Moore & Co Ltd, Newark. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

Map data ©OpenStreetMap contributors.