Cathedral One

Cathedral One is a landmark new waterfront development in Derby’s DE1 district, offering contemporary studios, one- and two-bedroom apartments from £167,000. Set on the city’s prime waterside, the development delivers up to 6.5% yields, strong rental demand, and excellent potential for capital growth.

Developed by award-winning, reputable developers, it features premium on-site amenities including a gym, concierge, co-working spaces, and a café, designed to attract high-quality tenants.

Cathedral One is more than a standalone development, Cathedral One serves as a catalyst for Derby’s wider regeneration, transforming a long-vacant site in the Cathedral Quarter into a vibrant, modern destination for residents, visitors, and businesses alike.

Derby

Cathedral One Facts and figures

A detailed look

Cathedral One is a landmark city-centre development offering 195 contemporary studios, one- and two-bedroom apartments.

Every apartment is being designed for exceptional energy efficiency, meeting the highest sustainability standards, while the central location ensures excellent connectivity, access to shops and attractions, and long-term rental and capital growth potential.

Take a look at the key facts and figures underpinning the development’s investment credentials.

Up to 6.5% gross yields
Prices from £167,000
Luxury Riverside apartments
On-site resident amenities including a concierge, gym, café and residents lounge
Excellent capital growth potential
Reputable award-winning developer
Payment plan available – 10% payable on exchange

Prime Derby City Centre Location

Market Hall: 4-min walk
Derby Mall: 13-min walk
Derby Train Station: 20-min walk
Derby Arena: 7-min drive
Rolls Royce Headquarters: 10-min drive
Nottingham Station: 15-min by Rail
Birmingham Station: 30-min by Rail

Return on investment
Stamp Duty

*Our calculators are provided for illustrative purposes only, they do not take your personal circumstances into consideration and the results are not guaranteed to be accurate or fit for any purpose. The presented results should not be taken as professional advice, or relied upon as the sole basis for making important decisions.

Employment and economy

A leading, diverse city

As one of the fastest growing economies in the region, Derby is on an upward trajectory, benefiting from substantial inward investment. Over the past decade, Derby has secured £4bn in investment, with an additional £2.3bn worth of projects in the pipeline. This economic activity is expected to generate new jobs and boost local supply chains, positively impacting the city’s real estate market.

At the same time, Derby’s diverse economy, including advanced manufacturing, engineering, and high-value creative and digital industries, is attracting a skilled, more affluent workforce with high average earnings, enhancing prospects for rental growth and the city’s appeal to property investors. Major employers include Rolls-Royce Civil Aerospace, Bombardier, and Toyota.

Property market

Strong capital growth

Derby’s property market has shown resilience and growth, with house prices increasing significantly over the past decade. Demand for housing has been bolstered by a growing population and a shortfall in housing supply. The city’s population is projected to increase by 5.3% over the next two decades, exacerbating the existing housing shortage and driving up demand for rental properties.

There are currently around 250,000 people living in the city and further two million within a 45- minute radius. This demographic trend, coupled with Derby’s significant student population, positions the city as a prime location for investment in the private-rented sector.

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Cathedral One, Derby

Cathedral One

A detailed look

A leading, diverse city

Strong capital growth

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