2-bedroom flat · DE1 1SB
To rentListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
New to the market, this spacious and well presented two bedroom apartment is located on the second floor of the popular Prosperity House development in Derby town centre.
The property benefits from a large open plan living room/dining area and modern white kitchen with integrated appliances.
Off the living area are two spacious double bedrooms and a stylish bathroom with bath and shower. Offered on an unfurnished basis, with neutral decoration throughout and secure entry-phone access.
Residents have the use of a lift to all floors and the apartment includes one allocated parking space.
Prosperity House is just a short walk from the Derbion shopping centre, central Derby and the local bus station.
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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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 advisors 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
Agent & docs
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FAQ
About Flat 507, Gower Street, Derby, DE1
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