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See how verdicts work2-bedroom flat · DE1 1DH
For saleListed 1 day
Opportunity summary
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About
West Gate – Mill Street 2 Bedroom • 2 Bathroom • 1 Reception — First-Floor Apartment Overview A beautifully presented two-bedroom first-floor apartment offering an ideal first home or excellent investment opportunity, situated in a highly sought-after location within the desirable Friar Gate area of Derby.
Set within a secure, gated development, this property combines convenient city living with peace and privacy.
Accommodation • Master Bedroom – spacious bedroom with the added convenience of an en-suite shower room • Second Bedroom – well-proportioned, ideal as a guest room, study, or children’s bedroom • Kitchen / Diner – a practical kitchen area with integrated appliances, opening into a bright dining space — perfect for family meals or entertaining • Living Room – a spacious and light-filled main reception room featuring a Juliet balcony, offering a lovely outlook over the beautifully maintained communal gardens Exterior & Facilities • Secure electric gated access to the entire development • Allocated secure parking space included • Well-kept communal gardens — a peaceful space enjoyed by residents Location This apartment is perfectly positioned within easy walking distance of Derby city centre’s historic Friar Gate, renowned for its boutique shops, cafes and restaurants.
Excellent transport links include quick access to Royal Derby Hospital, the A38, A52 and onwards to the M1 motorway, making commuting effortless.
• Tenure: Leasehold — 999-year lease starting March 2004 Summary Whether you’re searching for your first home or looking to expand your investment portfolio, this apartment offers tremendous value in a prime location.
The long lease length, gated security, parking, and existing tenancy make this a particularly attractive proposition. EPC rating: C.
Tenure: Leasehold, Entrance Hall Accessed through secure communal entry with intercom system.
Comes complete with electric heating, an airing cupboard housing the hot water cylinder, and a handy built-in storage cupboard.
Lounge Lounge 4.88m x 2.44m (16'0" x 8'0") Generously proportioned living space boasting a Juliet balcony with pleasant views across the communal gardens.
Finished with quality wood-effect flooring, recessed spotlights, two electric panel heaters, and TV & telephone connectivity points.
Kitchen Diner 3.35m x 3.1m (11'0" x 10'2") Bright, open kitchen and dining area fitted with a good range of wall and base units with durable worktops.
Includes a sink with mixer tap, stylish tiled splashbacks, integrated oven, hob and extractor, integrated fridge and freezer, and plumbing in place for a washing machine.
Additional benefits include recessed spotlights, electric heating, and a Juliet balcony letting in plenty of natural light.
Bedroom One 3.35m x 3.35m (11'0" x 11'0") Comfortably sized main bedroom featuring a double-glazed window, built-in storage wardrobes, electric heater, TV point, and carpeted flooring.
Access to the en-suite shower room. En-suite Modern shower room fitted with a shower cubicle, vanity wash basin, and low-flush WC.
Features part-tiled walls, tiled flooring, heated towel rail, shaver socket, extractor fan, and recessed ceiling spotlights.
Bedroom Two 3.05m x 2.74m (10'0" x 9'0") Versatile second bedroom with a double-glazed window, electric heater, and carpeted flooring — ideal as a guest room, study, or children's bedroom Bathroom Well-appointed family bathroom with a three-piece suite: panelled bath, wash hand basin, and low-level WC.
Complete with part-tiled walls, tiled flooring, heated towel rail, extractor fan, and recessed spotlights.
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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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
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
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FAQ
About Mill Street, Derby, DE1
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