Phoenix Street, Derby, DE1 2ER

Block of Flats for sale with 99 bedrooms and 99 bathrooms
£50,000,000

Bedrooms
99
Bathrooms
99
Receptions
99
Property Type
Block of Flats

Key Information

Tenure:
Freehold

Key Features

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

Property Description

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...

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