Derbyshire

Cathedral One, Derby

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Completion Date

Q4 2028

Status

Off-Plan

Project Type

Residential

Project Location

Derbyshire

Price Range

£167,000

Derby City-Centre Investment Property – Waterside Apartments Overlooking the Cathedral

Cathedral One presents a rare, low entry-level buy-to-let opportunity in the heart of Derby, offering a high-quality city-centre product backed by strong economic fundamentals. Positioned in a prime waterside location overlooking Cathedral Green and the River Derwent, the development combines standout design, premium amenities and long-term rental appeal.

Key Details

Stunning Derby Apartments Overlooking Cathedral
Studios, 1 & 2-Beds Priced from £167,000
Estimated 6.5% Yield
Prime Waterside Location
Premium Onsite Amenities
Private Balconies & Rooftop Terraces

Verta Property Group's Expert Insight

At Verta Property Group, we are pleased to introduce Cathedral One, a standout city-centre development that brings together architectural presence, lifestyle-led design and a highly investable urban location. Positioned in one of Derby’s most established and recognisable quarters, Cathedral One is designed to appeal to the growing professional and graduate tenant base seeking quality, convenience and a strong sense of place.

The scheme delivers a carefully considered mix of studios, one and two-bedroom apartments, complemented by premium resident amenities including a gym, co-working space, concierge service and shared social areas. The design focuses on creating a modern living environment that supports long-term occupier demand, rather than short-term trends.

For investors, Cathedral One provides an accessible route into a proven regional city from just £167,000, offering a well-balanced proposition built around quality specification, tenant appeal and long-term market resilience. It is a development aligned with fundamentals, making it suitable for those seeking steady income and sustainable growth within a major UK city.

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Stunning Location

Cathedral One is ideally positioned in the heart of Derby city centre, overlooking Cathedral Green and the River Derwent, placing residents within easy walking distance of the city’s key amenities, employment hubs and transport links. Derby Train Station is close by, offering fast and direct connections to London, Birmingham and Manchester, while the surrounding road network provides efficient access across the Midlands.

The location benefits from sustained occupier demand, limited prime city-centre supply and strong transport connectivity, all of which underpin rental stability. Ongoing regeneration and employment growth in and around the city centre further support long-term income performance and capital appreciation.

The immediate area combines historic architecture, green spaces, cultural venues, shopping and dining, creating a highly liveable environment that appeals strongly to professionals, graduates and long-term renters seeking both convenience and character in a central location.

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Cathedral One is a landmark city-centre development set on the banks of the River Derwent in the heart of Derby, overlooking Cathedral Green and Derby Cathedral. This contemporary scheme delivers thoughtfully designed studios, one and two-bedroom apartments, combining striking modern architecture with one of the city’s most historic and prestigious settings.

For investors, Cathedral One offers a compelling blend of a prime central location, strong local employment fundamentals, attractive entry prices and projected rental yields of 6.5%. With a long 999-year lease, premium on-site amenities and completion scheduled for Q4 2028, it presents a balanced opportunity for both income and long-term capital growth in one of the East Midlands’ fastest-growing cities.