Apartment 2, Cathedral House, 3 Market Place, Derby, DE1 3PW

HP Score
- Verdict: INVESTIGATE, on a scale of Buy, Investigate, Avoid.
Mixed signals - investigate
Verdict
Derived from HomePortfolio scores
Apartment 2 earns an INVESTIGATE rating with HP Score 60/100. Investment score 68/100 reflects moderate fundamentals. Crime intensity is elevated. Walkability is excellent (97/100). Flood risk is not assessed: check the Environment Agency long-term flood map before offering. Tenure is leasehold. Every figure here comes from the live HomePortfolio API; anything it does not publish is left out.
Valuation & Market
Risk Overview
- Flood RiskUnknown
- SubsidenceModerate
- RadonLow
- MiningUnknown
- LandslideModerate
- Air QualityLow
- NoiseLow
Planning Activity
- Pending26/01413/TPOVarious works to trees protected by Tree Preservation Order no. 542
- Pending26/00812/FULChange of use from an indoor golf centre with bar and restaurant facilities (Use Class E(b)(d)) to a college (Class F1) and construction of two additional floors at mezzanine level
- Pending26/01391/PNRIAChange of use of upper floors from commercial (use class E) to three flats (Use Class C3)
Ownership
- Corporate Ownership47.8%
- Overseas OwnershipNo
- Lease Term Remaining244 yrs
- CovenantsRestrictive
- Lease TypeLeasehold
- Last Ownership Change2022-12-06
- SourceLand Registry
Connectivity
Area Profile
Schools Nearby
- Landau Forte College0.4 miOutstanding
- Castle School0.4 mi
Inspected as Castle School (URN 132133) on 29 Mar 2023
- Central Community Nursery School0.4 miReport card2026
Ofsted no longer awards a single overall grade.
- Becket Primary School0.5 miGood
3 of 8 nearby schools with published figures were oversubscribed in 2026 - demand, not a catchment.
Comparables
- 2 Market Place-£300k-
- Cathedral House, 3 Market Place-£140k-
- Cathedral House, 3 Market Place-£110k-
- Cathedral House, 3 Market Place-£110k-