Table of Contents
City Centre
As per Rightmove the average property price of Derby City centre is £153,517.
Derby City Centre offers an affordable entry point for investors. This fits perfectly for those who are looking to tap into a market for consistent rental demand.
This area blends historic charm with modern amenities. It features cobbled streets plus period architecture and new residential developments. I and all the property experts at Flambard Williams take hundreds of calls with investors daily.
During our conversation with investors we dig down various hidden factors of investment. Similarly we noticed that City Centre properties tend to appeal to young professionals and those seeking convenient access to transport links.
There is an amazing mix of independent shops with restaurants and cultural spots. This affordability combined with a recent push in regeneration projects makes City Centre an ideal option. Particularly for investors looking to balance rental yield with long-term appreciation.
The Mill
Derby City Centre holds a luxurious property that comprises 70 exclusive one and two-bedroom apartments.
Professionals, students, and families who want to live in style in the city will like this building. It is a distinguished Victorian Mill transformed into an immersive property.
This property area hosts companies like Rolls-Royce, Bombardier and Toyota. And these global companies contribute over 45,000 jobs to Derby’s wider economy.
Project Highlights
- The site reflects the area’s historical significance in manufacturing.
- Thoughtfully designed to accommodate the many different aspects of everyday life
- Offers owners all the heritage and individualistic design features of a traditional building
- Contains the convenience and connectivity of a modern fitted home.
Click Here to Find the Complete Project Overview
Initiate a powerful sequence of your property growth and reinvestment.
Initiate a powerful sequence of your property growth and reinvestment.
Unleash how successful investors build wealth, reduce financial stress, and achieve financial freedom.
Mickleover (3.6 miles)
In Mickleover the average property price stands at £281,860. This reflects its appeal as a well-established residential area. The area is known for its peaceful ambience and a strong sense of community. The area is just 3.6 miles away from Derby
Mickleover offers an attractive option for those wanting suburban comfort with easy access to Derby City Centre. The item that I believe is increasing the rental demand here is picturesque scenery with green spaces and local amenities.
The area is also having close proximity to the Royal Derby Hospital. This demand ensures rental stability. Also it makes Mickleover a solid choice for investors seeking a balance of suburban charm and steady returns.
Duffield (5 miles)
Duffield comes with an average property price of £527,957. It is one of the more premium areas around Derby. This village north of Derby is known for three items.
First is the stunning Georgian architecture then green spaces. And finally its close proximity to the Peak District National Park. Duffield’s higher property prices reflect its appeal to tenants looking for a mix of historical charm and natural beauty.
The region is 5 miles away from Derby. The village has independent shops plus great schools and the scenic River Derwent. These features make it a unique investment opportunity.
Darley Abbey (1.5 miles)
Properties in Darley Abbey have an average price of £308,661. It offers an appealing blend of historical significance and suburban peace.
Darley Abbey’s heritage draws tenants who appreciate the area’s rich history and a strong sense of community. This heritage includes the UNESCO-listed Darley Abbey Mills and period homes. It stays within 1.5 miles of Derby.
The area is having close proximity to Darley Park. Darley Abbey is preferred by those seeking a mix of natural beauty and easy accessibility. This area’s unique character and consistent demand make it a valuable addition to any property portfolio.
Allestree (3 miles away from Derby)
Allestree’s average property price is £378,003. This reflects its status as a desirable and well-connected suburb. Allestree Park is Derby’s largest park. This area offers an abundance of green spaces with a serene lake and outdoor activities.
I feel the demand for properties here depends on the nature of the tenants. Allestree is mainly popular among nature enthusiasts and those wanting a suburban feel with good access to Derby City Centre.
The mix of traditional homes and newer properties ensures a steady tenant base. Well-regarded schools and convenient transport links add to its investment appeal. This is because schools will be beneficial for tenants who have children. And this increases the chances of rental demand in this area.
Belper (8.3 miles)
Belper presents a more affordable investment option while still offering unique character and community spirit.
As per Rightmove the average property price here is £268,391. The area is located around 8.3 miles west of Derby. Belper is known for its cobbled streets plus period architecture and arts scene.
Its history as a textile town and the surrounding scenic views attract tenants. It gives tenants pressure to enjoy a small-town feel with modern amenities.
Ashbourne (13.6 miles)
Ashbourne reflects its appeal as a quaint town with a rural scenic backdrop. It is known as the gateway to the Peak District. Ashbourne’s unique architecture and close proximity to stunning countryside make it popular among nature lovers.
With recent reports we noticed that the average property price here stands at £274,657. This area attracts tenants looking for both historical charm and outdoor recreation.
There is a consistent demand coming from those seeking a quieter lifestyle. Ashbourne offers property investors a combination of scenic appeal and long-term growth potential.
Chellaston (4.8 miles)
With an average property price of £289,439 Chellaston offers a strong blend of various elements. This includes convenience with good schools and easy access to Derby City Centre.
This region is located 4.8 miles south of Derby. Chellaston attracts renters who appreciate a quieter environment without sacrificing connectivity. Its range of period homes and newer developments ensures a reliable tenant base.
This makes it a strong contender for property investment. For investors Chellaston’s balance of suburban charm and steady demand presents a promising long-term opportunity.
Spondon (129 miles)
Spondon properties have an average price of £230,588. Spondon appeals to tenants looking for a blend of traditional living and modern convenience. The area offers a mix of traditional homes and newer properties.
It is known for its village-like charm and close-knit community. The area provides easy access to local shops and healthcare facilities. I feel if you want to experience calmness then Spondon (just 129 miles away from Derby) is best for investment.
Spondon’s affordability and steady rental demand make it an appealing choice for investors. That too interested in a balance of community spirit and connectivity to the City Centre.
Littleover (3.1 miles)
Littleover’s average property price of £252,155. It reflects its popularity as a suburb with diverse property options and a well-connected location.
Littleover is a popular suburb to the 3.1 miles south of Derby. Like the other suburb we discussed above this area is also known for its well regarded schools and peaceful residential streets.
It too has a mix of period and modern homes. For investors Littleover’s steady demand and variety of housing options offer both stability and growth. This transforms Derby into a value-adding source to any Derby investment portfolio.
We understand that selecting the right location to invest in can be a hell of a task. Therefore our team of property experts has listed here a few properties. These are listed with their project highlights. This will help you to understand the properties in a better way.
Investment Properties Around Derby
Graduation House (15 miles)
The Graduation House is a newly developed luxury apartment complex. It is strategically positioned to cater to the growing PASA market. Here the prices start at £99,995.
It provides an appealing and high-yield investment opportunity. It is an area renowned for its academic excellence and proximity to various transportation facilities.
Project Highlights
- Comprises of 162 fully furnished apartments.
- Thoughtfully designed student apartments equipped with amenities tailored to student needs.
- Include comprehensive amenities
- a reception area
- bike storage
- high-speed Wi-Fi
- Fitness centre
- Laundry room
- Communal study spaces
- A games room complete with pool tables
- Air hockey
- Table tennis
- Smart TVs in each room
- Prime Location and Connectivity
Click Here to Find the Complete Project Overview
Crown Works (12 miles)
Crown Works is a refined collection of luxury apartments located just 12 miles from Derby. It offers a unique blend of modern living within a historically rich setting.
Designed with individualism in mind Crown Works allows residents to embrace a lifestyle. This nearby area holds a legacy as a major brewing centre from the Victorian era. It offers enriching the neighbourhood’s character and charm.
Project Highlights
- Crown Works features 74 meticulously designed units.
- It offers a high-end lifestyle suited for both investors looking for something special close to Derby.
- Each apartment has been crafted to support diverse aspects like-
- Working from home
- Relaxing
- Hosting Gathering
- This property is steeped in heritage with Victorian-era breweries and Georgian architecture
- It feels like one of a kind to deliver a culturally rich living environment.
Click Here to Find the Complete Project Overview
Long Row (15 miles)
The Long Row project is positioned as a premium real estate investment opportunity. It is aimed at investors seeking consistent and long-term rental income.
The project is located in a prime urban setting. And it offers a well-balanced combination of accessibility with modern living amenities and potential for value growth. This is appealing to both seasoned investors and new entrants into the property market.
Project Highlights
- Providing strong appeal to tenants and investors.
- Structured for attractive yields, with potential for steady income flow.
- The lease term is typically around 250 years. It ensures long-term investment security.
- Designed to maximise occupancy rates and tenant satisfaction.
Click Here to Find the Complete Project Overview