Warwick Street, Derby

An exciting opportunity to acquire a development plot on Warwick Street, Derby, with planning permission already granted for the construction of a contemporary three-storey residential building comprising three self-contained apartments.

Building works have commenced, placing this project in its very early stages and offering purchasers the chance to take over and deliver the scheme to their own specification. This presents an ideal prospect for developers or investors looking for a manageable project with clear plans already in place.

The approved design provides for a well-considered layout across three floors. The ground floor will accommodate a spacious two-bedroom apartment, comprising two bedrooms, a bathroom, a separate lounge, and a kitchen, with the added benefit of a private terrace area, enhancing outdoor living space.

The first floor mirrors the ground floor layout, offering a second two-bedroom apartment of similar proportions, again including a bathroom, lounge, and kitchen, as well as the addition of a private balcony, making it highly attractive for consistent rental or resale potential.

The plans propose a third two-bedroom apartment, featuring a shower room and a modern open plan living, dining, and kitchen area. This apartment is designed to offer the most generous internal space of the three units, maximising overall living accommodation and natural light. While it does not include private outdoor space, the layout prioritises spacious and contemporary living.

Although construction has begun, the site remains at an early stage, allowing flexibility for a purchaser to influence the build and finishes, subject to any necessary consents. This makes it a fantastic project for those looking to create high-quality residential units in a sought-after location.

Warwick Street is ideally situated within close proximity to Derby city centre, providing convenient access to a wide range of local amenities, shops, and transport links. This central location enhances the appeal for future occupants, whether owner-occupiers or tenants.

Overall, this is a superb development opportunity with planning in place, initial works underway, and strong potential for capital growth and rental income upon completion.