1-bedroom flat · DE73 8FE
No longer listedReduced £30 (−4.1%) on 7 OctListed 34 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Fully Refurbished Flat in the Heart of Melbourne, Derbyshire.
***Internal Photos To Follow*** A beautifully presented, a refurbished one bedroom first floor flat, ideally positioned in the heart of the highly sought after market town of Melbourne.
Light, airy and stylishly finished throughout, the self contained accommodation is accessed via its own landing and features an attractive open plan living space incorporating a modern fitted kitchen and spacious living/dining area.
The generous double bedroom benefits from its own contemporary en-suite bathroom. Parking is available outside the property and within the surrounding area.
Melbourne offers an excellent selection of independent shops, cafés, restaurants and everyday amenities, together with convenient transport links to Derby, Nottingham, East Midlands Airport and the wider road network.
Surrounded by beautiful South Derbyshire countryside and renowned for its attractive period architecture and vibrant community, Melbourne provides an excellent combination of character, convenience and connectivity.
Viewing is highly recommended to fully appreciate the quality of the accommodation and its superb central location.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 advisers before making any investment decisions.
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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 Ellis House, Derby Road, Melbourne, Derby
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