Studio flat · NG10 5QD
Listing removedListed 52 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Don`t miss this fantastic opportunity to rent a studio apartment in the highly sought after, Grade II listed Springfield Mil.
Idyllically located on the bank of the Erewash Canal, the development provides breath-taking scenery and stunning waterside walks nearby. Available from 7th September 2026!
Full Description - New to the market! Available from 7th September 2026!
Don`t miss this fantastic opportunity to rent a studio apartment in the highly sought after, Grade II listed, lace mill; Springfield Mill.
This first-floor apartment comes furnished and is Idyllically located on the bank of the Erewash Canal, the development provides breath-taking scenery and stunning waterside walks for residents.
Open plan, Kitchen /Living / Bedroom area with a separate shower room. The apartments at Springfield Mill are full of character and charm.
The apartment is within close distance of both Derby and Nottingham city centres, the M1 and Nottingham East Midlands airport. Viewing highly recommended.
Wildheart specialise in the management of large scale rental portfolios throughout the UK and we aim to provide a friendly, professional and efficient service for all residents.
Your rental enquiry will be dealt with by our dedicated lettings team based in London and your viewing carried out by a locally based representative.
Visit our page on Facebook - Wildheart- for further details.
Rent Payments on 1st of each month Deposit £750.00 Holding Deposit £150 Council Tax Band A The tenancy term: Periodic Deposit amount is equal to 5 weeks rent
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 Springfield Mill, Bridge Street
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