Log In/Sign up
Your email has been sent.
PBSA 6 Mill St 23 Unit Shared Accommodation £2,675,000 (£116,304/Unit) 7.09% Net Initial Yield Derby DE1 1DY
INVESTMENT HIGHLIGHTS
- Highly prominent multi-let student investment opportunity located within the heart of Derby's student district
- Combined annual gross income of £221,460 per annum
- Convenient access to the University of Derby campuses
- Property is fully tenanted for the 2025/26 student academic year
- Arranged over two levels extending to 10,072 sq ft (958.8 sqm)
EXECUTIVE SUMMARY
This prominent two-storey Victorian property has been sympathetically converted to create 23 high-quality, self-contained one-bedroom apartments, arranged across two blocks and extending to 10,072 sq. ft. (935.8 sq. m).
Fully let for the 2025/26 academic year, the property generates a gross annual income of approximately £221,460, presenting investors with a strong and immediate return.
BB&J Commercial is instructed to seek offers in the region of £2,675,000, reflecting a net initial yield of 7.09%, subject to contract and exclusive of VAT.
Fully let for the 2025/26 academic year, the property generates a gross annual income of approximately £221,460, presenting investors with a strong and immediate return.
BB&J Commercial is instructed to seek offers in the region of £2,675,000, reflecting a net initial yield of 7.09%, subject to contract and exclusive of VAT.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER sq ft |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
PROPERTY FACTS
| Price | £2,675,000 | Property Subtype | Shared Accommodation |
| Price Per Unit | £116,304 | Costar Property Class | B |
| Sale Type | Investment | Property Size | 10,072 sq ft |
| Yield | 7.09% | No. Floors | 2 |
| Tenure | Freehold | Year Built | 1970 |
| No. Units | 23 | Tenancy | Single |
| Property Type | Build-to-Rent | Parking Allocation | 0.99/1,000 sq ft |
| Price | £2,675,000 |
| Price Per Unit | £116,304 |
| Sale Type | Investment |
| Yield | 7.09% |
| Tenure | Freehold |
| No. Units | 23 |
| Property Type | Build-to-Rent |
| Property Subtype | Shared Accommodation |
| Costar Property Class | B |
| Property Size | 10,072 sq ft |
| No. Floors | 2 |
| Year Built | 1970 |
| Tenancy | Single |
| Parking Allocation | 0.99/1,000 sq ft |
1 1
1 of 17
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
PBSA | 6 Mill St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.