2-bedroom flat · DE72 3PW
Let agreedListed 24 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
New to the market, this well presented and spacious two-bedroom conversion apartment is located in the sought after Victoria Mill development.
The property benefits from a long entrance hallway with ample storage leading into a large open plan living room/dining area and modern white kitchen with integrated appliances.
Also off the hallway are two double bedrooms, the master benefiting from an en-suite bathroom and there is a separate modern shower room.
Offered on an unfurnished basis, with neutral decoration throughout and one allocated parking space. Residents have lift access to all floors.
Victoria Mill is just a few minutes walk from local amenities plus a short drive from Derby town centre and the M1.
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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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 Town End Road, Draycott
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