Loom House in Derby

Loom House brings fully tenanted, income generating from day one stylish new homes to the vibrant John Street area in Derby. A fabulous central Derby location shaped by more than 200 years of manufacturing. The development forms part of the wider Castleward Urban Village regeneration area, ideally positioned between Derby train station and Castleward Park, with the River Derwent a short walk away.

The scheme comprises of 94 studios, one, two and three-bedroom apartments arranged around an attractive central gated courtyard. This varied mix creates options for a broad tenant base, from single professionals seeking a well-connected city base to couples and sharers who need additional space.

Homes are designed for practical, contemporary living. Specifications include modern fitted kitchens with integrated appliances, electric panel heating with smart Wi-Fi controls, Duravit sanitaryware, Hansgrohe brassware and Porcelanosa tiling in bathrooms. Keypad entry and apartment intercom access support everyday security, while BT Fibre provision is included across the development.

For buy-to-let investors, Loom House combines a defined residential setting with access to the city’s employment, expanding leisure, retail and transport infrastructure. Derby station is around a 15-minute walk away, with regular rail services to London, Manchester and Leeds. The city also draws commuters from across the region, while East Midlands Airport is accessible by road in under 30 minutes.

The immediate setting offers a balance of city-centre convenience and green space, with Castleward Park and riverside walks nearby. For investors, the appeal lies in the scheme’s central position, range of apartment types and specification tailored to modern renting rather than any assumed investment outcome.

Key Facts

• Prices from £140,000
• Studio 1, 2 & 3 bedroom apartments
• City centre location
• Up to 6% yield
• 20% payable on exchange
• Vibrant central location
• Excellent transport links

Why Choose This Area?

Loom House sits within Derby’s Castleward regeneration area, between the city’s railway station and Castleward Park, with the River Derwent nearby. The setting combines the convenience of central Derby with access to open space, helping the area appeal to renters who want a walkable base without losing contact with the city’s green routes.

Derbion is around one minute away on foot, while Bustler Market, Derby Theatre and Showcase Cinema de Lux are all within a six-minute walk. The area’s expanding mix of retail, food and entertainment makes it a lively, convenient place to live, suited to young professionals and students who value entertainment and everyday convenience close to home.

Connectivity is a clear consideration for investors. Derby station is around a 15-minute walk, with regular services to London, Manchester and Leeds. The city is also positioned between Nottingham and Birmingham, while East Midlands Airport is accessible by road in under 30 minutes. This supports its role as a location for both local workers and regional commuters.

Derby’s employment base spans established manufacturing alongside technology and creative businesses. The £12 million iHub Innovation Centre forms part of the city’s technology offer, hosting businesses including Airbus, Composite Braiding and VRCO. Regeneration activity is intended to introduce further employment opportunities and amenities.

For a buy-to-let investor, the area’s appeal lies in this practical combination: a developing central neighbourhood, broad employment links, rail access and an apartment mix suited to professional renters. These characteristics can support tenant interest, although rental demand and property values can change.