2-bedroom flat · DE1 3JZ
For saleReduced £5k (−2.6%) on 9 OctListed 48 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**being sold with tenants in situ**A beautifully presented two-bedroom apartment occupying a highly desirable position within a striking Grade II Listed period building, located on the historic and sought-after St Mary’s Gate, right in the heart of Derby city centre and within easy walking distance of Derby Cathedral and a wide range of amenities.
The building has been thoughtfully converted into just five individual apartments, creating a sense of exclusivity while carefully preserving the architectural integrity and period charm for which the property is renowned.
Internally, the apartment combines classical proportions and original features with the comfort and practicality of modern living, making it a truly unique city-centre home.
The accommodation is well laid out and comprises a welcoming open-plan living kitchen, an impressive space ideal for both everyday living and entertaining.
The apartment offers two well-proportioned bedrooms, one of which benefits from views over the communal rear garden, providing a peaceful and private outlook despite the central location.
The layout is completed by a contemporary bathroom, finished to a modern standard.
Residents enjoy access to a communal garden, offering a rare outdoor retreat in the city centre, along with the highly valuable benefit of allocated parking within a secure gated car park to the rear of the building.
Offered for sale with no onward chain, this elegant apartment successfully blends period charm with modern convenience.
Its prime location, secure parking, and distinctive character make it an ideal purchase for first-time buyers, professionals seeking city living, or investors looking for a property in a consistently strong rental location.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Flat 1 Simpsons House, 36, St. Marys Gate, Derbyshire
Explore nearby