The local people and businesses within Derby contribute over £15bn in economic output to the UK’s economy.
Derby is home to 254,000 people within the city centre with a further 2.1 million people living within a 45 minute radius making it ideal for commuters working in the city centre.
Derby is undergoing a significant transformation via a series of regeneration projects aimed at revitalizing the city centre, enhancing infrastructure, and boosting the local economy.
£6bn pounds worth of investment is being deployed into Derby city centre, which will improve residential, commercial & leisure facilities in the area.
With 5 Residential Developments amassing to more than £3bn alone Derby will see a huge increase in residential property being built which will be available to investors to obtain for their Buy to Let portfolios.
Connectivity & Transport
Major Motorway Access: M1 and M42: Derby is well-connected via major motorways, making it easy to reach other parts of the UK.
Extensive Rail Network: The city’s rail station offers regular services to major urban centres like London, Birmingham, and Manchester, facilitating quick and convenient travel.
Proximity to International Travel: East Midlands Airport: Just a short drive away, providing international connectivity for both business and leisure travel.
Employment
Over 300 employers across Engineering, Aerospace & Nuclear – attracting a highly skilled workforce to the area. These employers include Rolls Royce, Bombardier and JCB.
Other companies in the area include Toyota Manufacturing, Bloor Investments, Greencore Bowmer & Kirkland and East Midlands Trains.
Due to quality of employment in the city, the average salary is very high compared to the rest of the country meaning property is affordable for the local community offering large scope for capital growth.
University & Education
The University of Derby attracts over 35,000 students.
Beyond the university, the city offers numerous opportunities for on-the-job training across a wide range of businesses, thanks to the diverse scope of work available.
Lifestyle & Amenities
Vibrant Cultural Scene:Home to theatres, art galleries, and museums that celebrate local history and contemporary creativity.
Diverse Retail and Dining Options: The Westfield Shopping Centre is the 15th Largest in the UK. Traditional Markets are held in local villages.
A wide variety of cafes and restaurants make Derby a food – lovers destination.
Expansive Green Spaces and Recreation: Home to many National Trust Homes such as Calke Abbey, Keddleston Hall and Hardwick Hall.
Community Engagement and Local Initiatives: Local Events promote local community encourage social interaction and civil partnership.
Previous Growth & Performance
Although Derby has grown steadily over the last few years, property prices are still very affordable for the locals meaning future growth is expected as demand for these properties remains high.
The average property in the City of Derby in 2025 is just £206,000.
Forecasts for Growth
Capital Value forecasts for 2025-2029: Growth across the East Midlands is expected to continue to grow above the national average of 24.6% over the next 5 years.
Rental growth is expected to continue due to increasing tenant demand of quality properties and lack of long term supply due to planning restrictions of high rise buildings and a growing population.
Discuss Derby investment property with one of the team
