Development Overview.
Situated ideally within the local area, the 34 unit scheme, Whittle House, sits in a secluded corner of the £175m Nightingale Quarter Neighbourhood redevelopment. It is a 3-minute walk from Derby City Centre, and a 5-minute walk from Derby Central Train Station.
The overall neighbourhood, is extremely unique for a city centre location, given that it is a secluded 19-acre site with an on-site restaurant, residents gym, 6 acres of landscaped gardens & residents co-working space - developments like this are often seen in more rural locations, but the redevelopment of the Nightingale Quarter stands out as the regions’ landmark new neighbourhood.
Key Highlights.
- Located in Derby’s £175m 19-acre Nightingale Quarter
- Within walking distance of the city centre and local train station
- Consisting of 34 unique 1- and 2-bedroom apartments
- 250 year leasehold
- Expected capital growth of 20.5% by 2027
7%
Estimated Yields.
£186,000
Starting Price
Q1 2025
Estimated Completion
About the Developer
Founded in 2004, Wavensmere Homes specialise in high-specification renovation projects which have allowed them to reinstate classic architecture back to its former glory. They are an award-winning property developer, specialising in unique restoration projects. They have a passion for going above and beyond to make each home they create inspire for generations to come.
With an extensive portfolio of commercial and residential ventures throughout the UK, Wavensmere Homes offer over 60 years of combined experience and expertise, which has helped turn Nightingale Quarter from concept into reality.
Client Testimonials.
Investment case: Why Derby?
- Derby is the fastest growing economy in the East Midlands
- The Derby City Centre Masterplan has received significant funding from both local and national government sources, totaling over £6 billion. This funding supports various infrastructure projects, including improvements to transportation, housing, and public spaces
- Derby is home to over 35,000 students with an extremely strong retention rate
- Construction on HS2 has now begun - valued at £100 bn this is the largest infrastructure project in the UK and connects London and Derby in 51 minutes. This puts 45 million people within 1 hour of Derby
- Major employers include; Airbus, Toyota Manufacturing, Bombardier, Rolls-Royce, Bloor Homes, VRCO, Bowmer & Kirkland, Motorpoint & Miller Homes
- 21,300 new jobs to be created in Derby by 2027
- Sixth most productive city in the UK, with the manufacturing sector contributing over 45,000 jobs