Key points
Property type:
Stylish residential conversion
Location:
Ilkeston, Derbyshire
Units available:
19 one and two bed apartments
Guide price:
£86,995 - £106,995
Predicted yield:
6.7%
Location details
As the UK’s most central city, Derby’s strategic location has earned it a place in the ‘Top 25 European Cities Overall’, alongside major cities such as London (1st) Berlin (8th) and Paris (16th.) It was one of only 8 UK cities to make the list.
Significant regeneration, close proximity to Nottingham and a thriving social and cultural scene all make it a key contender for students, commuters and young families - all migrating to a region offering entertainment, culture, great shopping and highly regarded secondary and grammar schools.
Derby has a rising population of 250,000, yet the 25-34 year old sector has seen the most significant growth. More young professionals than ever are moving to the region, drawn by attractive job prospects and affordable living. Automotive powerhouses such as Rolls-Royce and Toyota have long since made their home in Derby, also attracting high numbers of engineering students to live and study in the area.
Key facts
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£3.7 billion invested in the city since 2005
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Population expected to grow by 9.45% by 2028
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89 minutes from London St Pancras with 35 direct, daily train services
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East Midlands airport is only a 20 minute drive from Derby City Centre