2-bedroom flat · DE72 3NB
To rentListed 44 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**no deposit option available for tenants, greater protection for landlords**A well presented ground floor, two bed apartment located at the beautiful converted mill having traditional windows, high ceilings, neutral décor throughout, modern kitchen and bathroom, intercom and on street parking.
Living Room 8.84m (29'0) x 4.72m (15'6) Having good quality flooring with original windows to front with doors off, leading round to the kitchen.
Kitchen Having modern fitted wall & base units with built in oven, gas hob, extractor chimney, integrated fridge/freezer, washing machine, spaces for other appliances, original window to rear with good quality flooring.
Bedroom 1 4.19m (13'9) x 3.33m (10'11) Carpeted with original windows to rear.
Bedroom 2 3.18m (10'5) x 2.67m (8'9) Carpeted with original window to front, over head storage area housing ladders for windows.
Bathroom Bathroom has modern white 3pc suite with shower over bath, tiled floor.
EPC Rating: D Council Tax Band: B Rent excludes tenancy deposit and any other permitted payments A holding deposit of £196.15, based on the advertised rent, is required to reserve the property.
Deposit payable is £980.77 or this property is available with our No Deposit Option. Please contact us for further information or visit our website.
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 A2 Draycott Mill, Market Street, Derby
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