Plot 14 Riverside Apartments, Derby

The strongest letting configuration in the building: a two-bedroom, two-bathroom apartment at Riverside Apartments, a contemporary development on the River Derwent in Derby's Cathedral Quarter. Two double bedrooms served by two bathrooms is exactly what professional sharers want, and that layout reliably earns more per month than a single-bathroom equivalent. Residents share an on-site co-working space, a private cinema room and a secure bike store. With Derbion, the Cathedral Quarter and Derby Midland station all a short walk away, this is a unit built to attract quality tenants and hold them.


INVESTMENT

Derby remains one of the East Midlands' most dependable buy-to-let markets, and DE1 is at its heart. Prices sit well below the England average, so the buy-in stays affordable while rents push higher against a chronic shortage of central stock. Around 20,000 households across Derbyshire are on housing waiting lists, and two-bath sharer apartments are among the quickest to let and most resilient on rent. Rolls-Royce employs roughly 12,000 people in the city within a wider advanced-manufacturing and rail-engineering base, and the University of Derby keeps a steady graduate and professional pipeline flowing. The £200m Becketwell scheme with its Vaillant Live arena and the £100m Castleward Urban Village are reshaping the area around this postcode.


WHY INVEST

£228,950 guide price for the building's best-yielding layout. Projected rent of £1,075 pcm gives a gross yield of 5.6%, ahead of the Derby apartment average of about 4.5–5%, the second bathroom lifting rent and tenant appeal. Add roughly 20 renters per unit, more than £300m of regeneration nearby, and a JLL forecast of UK rents up 17% by 2029. Chain free. Early enquiries advised.


All figures are illustrative and based on comparable local market data. Rental income and yields are projections and not guaranteed.