Lombe House
Destinations  /  UK  /  Lombe House

Lombe House

⚲  City Centre, Derby
Starting from$188,000
Type
Apartments
Bedrooms
Studio – 2 Bed
Size from
387 sq ft
Handover
2026
Payment
£2.5k + 20 / 80
The Development

A contemporary collection of 57 studios, one- and two-bedroom apartments in the heart of Derby — between the train station and Castleward Park, in a fast-regenerating city-centre neighbourhood.

A contemporary collection of 57 studios, one- and two-bedroom apartments in the heart of Derby — between the train station and Castleward Park, in a fast-regenerating city-centre neighbourhood.

Lombe House redefines city living in Derby with 57 stylish studios, one- and two-bedroom apartments across three blocks around a gated courtyard, blending industrial-luxe design with modern convenience. Set between Derby train station and Castleward Park in a regenerating city-centre neighbourhood, it is built for the East Midlands' high-demand rental market. Held on a 250-year lease with zero ground rent, and completing in 2026.

  • 57 studios, 1 & 2-bedroom apartments
  • Between Derby station & Castleward Park
  • 250-year lease · £0 ground rent
  • Industrial-luxe design & specification
  • Strong East Midlands rental demand
  • Completing 2026
Gallery

Inside the residences

Amenities

A life fully serviced

High Specification

Industrial-luxe finishes throughout.

City-Centre Location

Steps from Derby station.

Regeneration Area

Castleward neighbourhood renewal.

Long Leasehold

250 years, zero ground rent.

Gated Courtyard

Three blocks around green space.

Rental Demand

Strong East Midlands tenant market.

Payment Plan

Structured around you

£2,500
To Reserve
Reservation fee
20%
On Exchange
Deposit on exchange
80%
On Completion
Balance on completion
Projected Returns

The investment case

5.0%
Capital Growth p.a.
6.0%
Rental Yield
11.0%
Combined Target ROI

Indicative projections, not a guarantee — a 6% rental yield is a projection; independent Derby city-centre apartment yields run roughly 5.9–7%. Verify current figures before purchase.  See the full United Kingdom tax & returns guide →

Location

The centre of everything

05 min
Derby Station
05 min
Castleward Park
10 min
Derby Cathedral
15 min
Pride Park
Answers

UK property, answered

What investors ask us most about this market.

Can foreigners buy property in the UK?

Yes — the UK places no restrictions on foreign nationals buying residential property, and you don't need to live here or hold a visa. Overseas buyers pay an extra 2% Stamp Duty surcharge on top of standard rates, but ownership, financing and resale work exactly as they do for UK citizens, with deep mortgage and resale liquidity.

Does buying property in the UK give you residency or a visa?

No. The UK has no residency-by-investment or golden visa route — the Tier 1 (Investor) visa closed in February 2022 and its final extension deadline passed in February 2026. UK property is a pure investment play; residency runs through separate work, business (Innovator Founder) or Global Talent routes instead.

How much are stamp duty and buying costs for an overseas buy-to-let investor in the UK?

Budget roughly 7% above the standard rate, plus fees. On an additional property you pay the standard Stamp Duty bands plus a 5% surcharge (from April 2025) and, as a non-resident, a further 2% — plus legal fees. Rental profit is then taxed at your UK income-tax rate (20–45%) and capital gains at 18–24%.

What rental yields can I get from Manchester buy-to-let?

Manchester delivers gross rental yields of roughly 6–8.8%, the strongest of any major UK city. A young, largely renting population and central-Manchester regeneration drive both income and 4–5.5% annual capital growth, with the North West leading UK rental growth and short-let approval lifting yields further.

How does buying an off-plan apartment in the UK work?

You reserve a specific unit and pay a reservation fee, then exchange contracts with a deposit (typically 20–25%), with the balance due on completion once the building finishes. INOVO's UK apartments are sold as 250-year leaseholds with a peppercorn (effectively zero) ground rent, and completion unlocks mortgage financing and rental income.

Where are the best places to invest in UK property in 2026?

Manchester and the wider North West lead UK buy-to-let in 2026, offering the country's best yields (6–8.8%) alongside 4–5.5% annual capital growth. Central-Manchester regeneration underpins tenant demand and resale liquidity; INOVO's current UK schemes — Victoria Mill and Longwood Mill — target exactly this market.

Make Lombe House yours

Speak to an Advisor
← Back
WhatsAppCall now