Cathedral One — Derby Investment | Joseph Mews
Derby · Cathedral Quarter
Cathedral One
Full Street, Derby, DE1 3AF
Now Available
Studio from
£175,000
Register Interest
The Development

Cathedral
One.

An inspiring new landmark development of 195 exceptional modern studios, one- and two-bedroom apartments in central Derby, overlooking Cathedral Green and the River Derwent. Delivered by urban-regeneration specialists Wavensmere Homes, the scheme blends private balconies, rooftop terraces and panoramic views with premium on-site amenities — a gym, co-working space, concierge service and resident's lounge — all within walking distance of Derby Train Station.

Location Full Street, Derby, DE1 3AF
Unit Types Studio · 1-Bed · 2-Bed
Completion Q4 2028
Developer Wavensmere Homes
Total Units 195 Apartments
Tenure 999 Year Lease · Zero Ground Rent
Studio Apartments 330–349 sq.ft
One Bedroom 409–480 sq.ft
Two Bedroom 550–608 sq.ft
Investment Snapshot

Strong fundamentals.
Exceptional location.

Studio Apartment from £175,000
1 Bedroom Apartment from £200,000
2 Bedroom Apartment from £262,000
Payment Plan
1
Reservation
£5,000
Secures your unit. Fully refundable reservation fee paid upon reservation.
2
Exchange — 28 Days Later
20% Deposit
Exchange of contracts within 28 days of reservation. 20% deposit (minus £5,000 reservation fee) is due at this stage.
3
Completion — Q4 2028
80% Balance
Remaining balance payable upon completion. Available via mortgage or cash purchase.
Mortgage Cash Purchase

Speak with our team for a full financial breakdown tailored to your investment.

Request Details →
The City

Derby's
renaissance.

Derby is the UK's most central city with 261,000 residents — 40% employed in professional roles — and a further 2.1 million people within a 45-minute radius. Ranked 2nd in the UK Powerhouse City Growth Tracker between Cambridge and Oxford, Derby is an international hub for the aerospace, automotive and rail industries, with 10,000+ jobs forecast by 2030 — making it the fastest-growing economy in the East Midlands.

01
Prime Waterside Address
A landmark Cathedral Quarter location overlooking Cathedral Green and the River Derwent. Just 0.6 miles from Derbion Shopping Centre, 0.2 miles from Derby QUAD and 1.1 miles from Derby Railway Station.
02
UK Capital for Innovation
Derby is home to the global HQ of Rolls-Royce Civil Aerospace (13,000 staff, £150m+ Derby campus investment) plus Toyota and Alstom. Around 300 specialist aerospace companies contribute to the Midlands supply chain.
03
Exceptional Rental Growth
Derby posted a 12% annual rental growth from 2024 to 2025 and ranks 2nd in the UK for income per person outside London and the South East. Income stability is underpinned by 45,000 people employed in engineering & manufacturing.
04
£4bn of City Investment
Over £4bn has been invested in the city in the past 2 years, with a further £2bn in the pipeline. A £7.5bn GVA economy, 9.45% forecast population growth by 2028, and 21,300 new jobs on the horizon.
05
Top 20 University & Student Demand
35,000 students live and study in Derby. The University of Derby is ranked No.2 in the UK for Employability & Course Quality (Uni Compare 2026) and No.1 for student accommodation — a consistent rental demand driver.
Why Joseph Mews
Why Choose Joseph Mews
Trusted by international investors. We do the hard work — you get the benefits.
£632.6M
GDV Delivered
4,270+
Units Marketed
28%
Repeat Investors
UK Property Investment
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    Earn in GBP with 6–7% gross yields.
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