2-bedroom flat · DE23 8LD
For saleListed 115 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented 2-bedroom apartment available within the Osmaston Mill development, offered at a guide price of £180,000.
Osmaston Mill is a characterful development of luxury apartments, ideally positioned in the heart of Derby.
This thoughtfully restored 1892 mill combines original period features with high-quality modern interiors, offering the charm of a historic building with the comfort of contemporary living.
The development has been carefully delivered by Prosperity Developments, a UK-based property developer specialising in the regeneration of historic buildings and the creation of contemporary residential schemes, with a focus on quality design and urban locations.
Conveniently located just 6 minutes from Rolls-Royce Global HQ and 8 minutes from the Royal Derby Hospital, the development is also within easy reach of major employers including Bombardier and Toyota, supporting strong local demand from professionals.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 Osmaston Road, Derby
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