Studio flat · DE1 1LF
To rentListed 76 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to this exceptional studio development located on Macklin Street in the vibrant heart of Derby.
This property, has been thoughtfully modernised to provide a stylish and comfortable living environment, perfect for working professionals and mature students alike.
Spanning an impressive 1,205 square feet, the development features four beautifully designed studios, each equipped with its own kitchen and bathroom, ensuring privacy and convenience.
Additionally, there are two en-suite rooms that share a communal kitchen, fostering a sense of community among residents.
The modern decor throughout the property allows for an abundance of natural light, creating a warm and inviting atmosphere.
One of the standout features of this property is the inclusion of all utility bills and council tax within the monthly rent, along with high-speed broadband, making it an ideal choice for those seeking hassle-free living.
Furthermore, a no deposit option is available, providing added flexibility for prospective tenants.
As a special offer, there is currently a half-price discount on the first month's rent for those moving in during April 2025, making this an even more attractive opportunity.
With its prime location, you will find yourself just moments away from a plethora of shops, bars, and restaurants, ensuring that everything you need is right at your doorstep.
PLEASE NOTE PHOTOS ARE FROM DEVELOPER LAST PROJECT Deposit Options - Monkey vs Owl provides two types of deposit options for this property.
Option 1 is a No Deposit, known as a Reposit, or you can select a traditional deposit which is £865.38 Reposit is not a deposit, it is an alternative to a cash deposit.
At the time of signup, you are required to pay a Reposit fee which is the equivalent of one week's rent.
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.
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 Macklin Street, Derby
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