The asking rent is £1,499 a month.

No floorplan from the agent

Derby, DE1 3NR

2-bedroom flat · DE1 3NR

2 baths

Asking rent

£1,499/mo

To rentListed 9 days

Investor metrics

Opportunity summary

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About

The property

Property Reference: 2542645.

Modern 2-Bedroom Apartment Ideal for Monthly Stays Derby City Centre Welcome to our fully furnished 2-bedroom apartment, perfectly located in the heart of Derby's historic Cathedral Quarter.

Designed for longer stays, this spacious home is ideal for professionals, contractors, nhs staff, corporate guests, and anyone relocating to the area.

**The apartment offers:** * Spacious 2-bedroom apartment sleeping up to 4 guests * 2 modern bathrooms for added comfort and privacy * Fully equipped kitchen with everything you need for an extended stay * Comfortable living area with Smart TV and high-speed Wi-Fi * Dedicated workspace, ideal for remote working * Washing machine and essential household amenities * Bright, modern interior with all the comforts of home **Excellent City Centre Location** Situated on one of Derby's most distinctive and historic streets, you'll be within walking distance of: * Derby Cathedral and the Cathedral Quarter * Derbion Shopping Centre * Restaurants, cafes, pubs, and supermarkets * Derby Bus Station and Derby Railway Station * Local businesses and major employers Whether you're working on a local project, relocating, or simply need comfortable accommodation for a month or longer, our apartment provides a convenient, fully equipped home away from home in the centre of Derby.

Summary & Exclusions: - Rent Amount: £1,499.00 per month (£345.92 per week) - Deposit / Bond: £1,499.00 - 2 Bedrooms - 2 Bathrooms - Property comes furnished - Available to move in from 17 October 2026 - Maximum number of tenants is 4 - Students welcome to enquire - No Smokers - Bills not included - No Parking Available - Property has garden access - EPC Rating: D If calling, please quote reference: 2542645 Fees: You will not be charged any admin fees.

** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.

OpenRent endeavours to make all property particulars as accurate and reliable as possible, however if you require any further clarification or information please contact us.

When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.

This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.

Key information

Furnished state

Furnished

Availability

Available now

Check availability with the agent

Students

Students Accepted

Local authority

City of Derby

Unitary Authority

Value & comps

How does the rent compare?

No previous sales on record.

Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.

Returns

What does it return?

Rent evidence

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Nearby rental comparables

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Local SA Market

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Model

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Strategy: R2R · full calculator

R2R calculatorRent-to-rent SA + HMO strategies — occupancy, platform fees, profit

Investment Disclaimer

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 advisers before making any investment decisions.

Past performance does not guarantee future results. Tax implications vary by individual circumstances.

Deal

Is it a deal?

Archie’s verdict

Archie has scored this property.

Article 4Not verified - check with the council

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.