Residential · UK🇬🇧 Derby, United Kingdom
Mulberry House
27 one-bedroom apartments, completed and tenanted
Completed · income from day oneGross annual return
5.2% – 6.7%
Prices from
£140,000
Financing
Up to 70%
Available to international investors.
Two completed buildings in the same Derby development: Mulberry House and Lombe House, on Liversage Street. Studios and one, two and three-bedroom apartments from £140,000 to £300,000, yielding 5.2% to 6.7% gross. Some units come with a tenant already in place: income from day one, no void period and no letting fee for the buyer. Financing of up to 70% for international investors.
Location
Derby, in the East Midlands. It is an engineering city: Rolls-Royce has its civil aerospace division there, Alstom its train factory, and Toyota its UK plant just outside.
Derby, East Midlands
United Kingdom
An engineering city, on the corridor between Birmingham and Nottingham.
Skilled employment
Rolls-Royce
The civil aerospace division is headquartered in Derby.
Rail industry
Alstom
The UK's largest train factory is in Derby.
Automotive
Toyota
Toyota's UK plant operates at Burnaston, just outside the city.
Tenanted on day one
From day 1
Units are handed over let: no initial void period.
Finance
up to 70%
Available to international investors against the price of the unit.
The asset and its return
Turnkey and tenanted: rent from day one, with no void period and no letting fees for the buyer.
Units
27
One-bedroom apartments.
From
£182,000
Up to £220,000 depending on the unit.
Rent
From day 1
Handed over tenanted: no initial void period.
Letting fees
£0
The buyer does not pay the first tenant's placement fee.
Finance
up to 70%
Available to international investors.
Status
Completed
Turnkey, with no works outstanding.
Photographs
How we work
We form the company, negotiate the financing and direct solicitors and managing agents. From instruction to completion, and from there to the ongoing stewardship of the asset: a single point of contact, with none of the operational burden.
Interested?
Leave your details and we will walk you through it, with no obligation.
Preliminary information for presentation purposes. The figures are estimates based on the developer’s information and our own analysis; they are not an offer nor a guaranteed return. The value of property can fall. Acacias Capital Ltd, London.