A new valuable city centre development opportunity with planning consent has just arisen.
A prominent city centre site with planning consent for 9 flats, providing a total of 44 student rooms has just gone on to market at BB&J Commercial.
Mark Richardson, Partner at BB&J Commercial said, “The site is situated just on the western outskirts of Derby city centre, close to Ashbourne Road and has prominent frontage onto Slack Lane, Uttoxeter Old Road and Etwall Street.”
“The site is in one of the most popular areas of student accommodation in Derby, and there is easy access both via foot and public transport to Derby University city centre campus as well as the main university campus which is circa 1.3 miles away. This is a popular residential area with wide range of accessible local amenities including retail and leisure.”
This will be a fantastic chance to acquire a cleared site, which is a ready to go development opportunity. It benefits from planning consent for a new student development compromising 44 rooms over 9 apartments over 3 floors.
The site benefits from road frontage on three sides and is well located in an area where demand for student accommodation is increasing due to the continued expansion of Derby University who have just announced plans to construct a purpose-built Business School adjacent their Law Faculty on nearby Agard Street. This is a rare opportunity to build a brand-new purpose designed scheme which will be a valuable investment opportunity.
The new site is taking offers over £395,000 and viewings are currently available.
For further information, please contact Mark Richardson on:
Tel: 01332 292825
Email: M.Richardson@bbandj.co.uk
