1-bedroom flat · DE1 1DY
To rentReduced £50 (−6.1%) on 2 SepListed 81 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Presenting a well-proportioned studio flat located in the heart of Derby, this property is ideally suited for those seeking convenient and independent student living.
The accommodation is self-contained, providing a private and comfortable environment. The interior features a modern kitchenette, offering functionality and convenience for everyday use.
Sleeping arrangements are enhanced by a double bed, maximising space without compromising on comfort. The studio also benefits from an en-suite bathroom, designed for privacy and ease.
Situated in a prime location that appeals particularly to students, the property offers accessibility to the facilities and amenities associated with Derby’s thriving academic community.
The financial requirements are straightforward, with a deposit of £250 applicable. The earliest available move-in date is 1 July 2026.
Local area Derby is recognised for its vibrant metropolitan atmosphere blended with notable historical character.
The area provides a comprehensive range of services, shopping outlets, and dining establishments, complemented by excellent transport connections to key destinations.
Proximity to educational institutions and leisure facilities further enhances its reputation as a desirable location for a variety of lifestyles.
Residents can expect a well-connected and resourceful local environment. If you wish you would like to arrange a viewing please call option 1 EPC rating: E.
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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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 Mills Street, Derby, DE1
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