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Map32 bedroom apartment for sale
Friar Gate, Derby
Featured
Apartment
32 beds
30 baths
Key information
Tenure: Leasehold | 241 yrs left
Council tax: Ask agent
Broadband: Ultra-fast 1000Mbps *
Mobile signal:
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Features and description
- Total Annual Rental Income: £239,556
- 24 Individual Apartments
- Prime City Centre Location
- One and Two Bedrooms
- Sold Individually or Entirely
- Turnkey Investment Opportunity
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Welcome to Norman House – a rare opportunity to acquire 25 modern apartments in a prime city centre location, perfectly positioned for both urban living and long-term investment growth.
Norman House offers a versatile mix of apartment types including:
Two-bedroom, two-bathroom
Two-bedroom, one-bathroom
One-bedroom, one-bathroom
Each apartment is well-presented and finished to a high standard, designed for modern city living with bright interiors and practical layouts. Located in the heart of the city centre, Norman House is ideally situated close to transport links, major employers, shopping, and leisure — ensuring ongoing tenant demand and capital growth potential.
Whether you're seeking to acquire the portfolio or simply buy one or two in individual units, this opportunity caters to both portfolio and entry-level investors.
INVESTMENT DETAILS
Total Annual Rental Income: £229,356
Yields Range: 7.45% to 8.25%
Average Yield: 7.72%
Service Charge: ££27,918.86
Ground Rent:£2,195.05
Building Insurance Costs: £5,006.01
The block is fully let and income-generating, offering stable, predictable returns from day one.
An excellent opportunity to acquire a fully tenanted and income-producing asset in a thriving city centre location. With strong yields, low void risk, and long-term growth potential, Norman House represents a turnkey investment for serious investors.
Enquire today for further financial breakdowns, pricing on individual units, or to arrange a viewing.
Norman House offers a versatile mix of apartment types including:
Two-bedroom, two-bathroom
Two-bedroom, one-bathroom
One-bedroom, one-bathroom
Each apartment is well-presented and finished to a high standard, designed for modern city living with bright interiors and practical layouts. Located in the heart of the city centre, Norman House is ideally situated close to transport links, major employers, shopping, and leisure — ensuring ongoing tenant demand and capital growth potential.
Whether you're seeking to acquire the portfolio or simply buy one or two in individual units, this opportunity caters to both portfolio and entry-level investors.
INVESTMENT DETAILS
Total Annual Rental Income: £229,356
Yields Range: 7.45% to 8.25%
Average Yield: 7.72%
Service Charge: ££27,918.86
Ground Rent:£2,195.05
Building Insurance Costs: £5,006.01
The block is fully let and income-generating, offering stable, predictable returns from day one.
An excellent opportunity to acquire a fully tenanted and income-producing asset in a thriving city centre location. With strong yields, low void risk, and long-term growth potential, Norman House represents a turnkey investment for serious investors.
Enquire today for further financial breakdowns, pricing on individual units, or to arrange a viewing.
Rooms
Disclaimer
haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service. If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Property information from this agent
About this agent
Here at haart, we are on a mission to get you moved. We have unique technology that gets your home hundreds more clicks, agents who listen and will negotiate hard on your behalf and you don’t pay us a penny until we succeed. Big Benefits. Being the UK’s largest independent estate agent, our size allows us to invest in the people and technology to get you moved, smart and fast and for more than you might think. No Sale, No Fee. We don’t think you should pay a penny to someone to sell or let your home, unless they actually do. So we don’t charge you until we have. As an agent we are members of the Property Ombudsman and the Association of Residential Letting Agents (ARLA) we adhere to a code of practice to ensure complete honesty and transparency in all our dealings with you.