2-bedroom flat · DE72 3PW
Listing removedListed 98 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Monkey vs Owl is delighted to present this exquisite two-bedroom apartment located in the historic Grade II listed Victoria Mill on Town End Road, Draycott, Derby.
This property stands out as one of the finest in the area, combining modern luxury with charming original features.
Upon entering, you will be greeted by an open-plan living space that is perfect for entertaining.
The apartment is fully furnished to an exceptionally high standard, showcasing beautiful solid wood flooring and stunning exposed brickwork that adds character and warmth.
The cast iron original windows allow natural light to flood the rooms, creating a bright and inviting atmosphere.
This apartment boasts two well-appointed bedrooms and two modern bathrooms, ensuring ample space and comfort for residents.
The inclusion of a wine fridge is a delightful touch for those who enjoy hosting gatherings. The beamed ceiling further enhances the unique charm of this property.
Residents will benefit from high-speed broadband, dedicated parking, and the convenience of a lift, making this apartment not only stylish but also practical for everyday living.
The maintenance charge, approximately £2,000 per year, is already covered by the owner, providing peace of mind.
Situated in the heart of Draycott, this property is conveniently close to a variety of local amenities and offers easy access to both Derby and Long Eaton.
For those seeking a hassle-free move, a no deposit option is available. This stunning apartment is a rare find and is sure to attract interest.
Do not miss the opportunity to make this remarkable property your new home.
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 Victoria Mill, Town End Road, Draycott, Derby
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