Why Invest in Derwent Point?
Stylish and innovative, Derwent Point is a prestigious new development of one and two-bedroom apartments and high-quality contemporary living in the city of Derby. Located by Landau Forte College, the development has an extremely convenient setting just a brief walk from the heart of the city centre, where a wide range of impressive facilities and amenities await, including regular commuter links across the Midlands to the cities of Birmingham, Leicester, Nottingham, and Sheffield (all in less than an hour). Derwent Point is the perfect base for city professionals and the ideal opportunity for investors looking for a property with exceptional potential growth and sustainable rental yields.
As the sixth most productive and one of the fastest growing cities in the UK, Derby has a high economic output which is showcased in its rapid and unparalleled growth. A large part of this driving force is the city’s phenomenal manufacturing and engineering sector, which is home to such giants as Bombardier Transportation, Rolls Royce, and Toyota. This sector alone provides employment in the region for over 45,000 individuals. Furthermore, other sectors such as education, IT, textiles, and retail are equally in demand, ensuring attractive prospects across a broad spectrum of industries. In the past three years alone, over 4,500 new jobs were created in Derby, benefitting residents and commuters alike.
Derwent Point enhances the interplay of space and light to provide bright and airy interiors that are designed to impress. Each apartment is finished to the highest standard, with open-plan spaces for a flexible, sociable lifestyle. It also capitalises on its excellent location to bring the very best to its occupants. Residents will have access to a communal garden/courtyard and to generous storage facilities, in addition to residents’ parking where each space is equipped with an electric vehicle (EV) charger. Derwent Point is much more than a place of home – it is a centre for excellence, for ambitious professionals, for those who enjoy a wealth of opportunities and possibilities.
Key Investment Highlights
- 1 & 2 Bedroom apartments available
- Derby property prices set to increase by 17.5% by 2026 (JLL)
- Derby rental prices set to increase by 12% by 2026 (JLL)
- Just a few minutes walk from Derby city centre
- City-centre properties achieving average yields of 6.07%
- 20% Deposit required
- Estimated completion Q4 2024
Pricing & Deposit Structure
1 Bedroom Apartment
Prices from £162,950
2 Bedroom Apartment
Prices from £194,950
Off-Plan Development
Completing Q4 2024
Why Invest in Derby?
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Population set to rise by 53,000 in the next 16 years and around 48% are under 35
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Predicted property price growth of 17.5% and rental growth of 12% by 2026 (JLL)
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Highest annual rent increase in the UK between 2020-2021
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One of the most affordable citties in the UK at £180,966
- The 2030 Derby Masterplan, a £3.5 billion project, is funding a new wave of resident amenities and cultural hotspots
- Global companies including Rolls-Royce, Bombardier and Toyota contribute over 45,000 jobs to Derby’s wider economy, attracting an array of professionals and graduates from all over the UK
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46% of graduates move to Derby for work with the city having the 7th highest grad salary in the UK (£24,100)
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The UK’s 6th most productive city with one of the fastest growing economies in the country
Derwent Point
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Meet the Developer – AG Homes
Based in Derby and working across the Midlands, AG Homes is a leading property development company that focuses on delivering unrivalled quality at every stage of a development. The company specialise in both residential and commercial schemes, managing and owning all developments from end-to-end to ensure the very best in standards and customer satisfaction. Confident in this matter, AG Homes cover all their residences with a 10-year warranty from a leading new home warranty provider.
CREATING PLACES YOU WILL BE PROUD TO LIVE IN.