£50,000,000
99 bed block of flats for salePhoenix Street, Derby DE1
99 beds
99 baths
99 receptions
About this property
Landmark city-centre residential development
Forward-funded acquisition structure
Turnkey delivery upon completion
Vendor completes remaining construction works
Completion following practical completion and sign-off
Prime Derby city-centre location
Strong long-term investment potential
Large-scale residential scheme
Positioned within major regeneration area
Rare institutional-scale residential opportunity
An outstanding opportunity to acquire a landmark city-centre residential development positioned within the heart of Derby’s rapidly evolving urban core.
The Landmark, Phoenix Street, Derby, is a substantial residential-led scheme being offered on a forward-funded basis, providing purchasers with the opportunity to secure a major completed asset prior to practical completion, with the vendor responsible for delivering all remaining construction works and obtaining final sign-off before legal completion.
Designed to provide high-quality modern residential accommodation, the development has been planned to institutional and operational standards, creating a significant large-scale residential asset within a prime city-centre location.
The transaction structure allows an incoming purchaser to commit to the acquisition during the final delivery phase, with completion taking place once the scheme has been fully completed, signed off and handed over in accordance with agreed specifications.
Phoenix Street occupies a strategic position within Derby city centre, benefiting from immediate access to retail, leisure, employment hubs, transport links and major regeneration projects currently transforming the wider area.
Derby continues to experience strong demand for modern city-centre residential accommodation driven by inward investment, population growth, large-scale regeneration and continued employment expansion across advanced manufacturing, rail, engineering and professional sectors.
The completed development will offer a rare opportunity to acquire a substantial turnkey residential asset in a highly accessible and increasingly desirable Midlands city location.
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