2-bedroom flat · DE1 3DZ
Sold STCListed 115 days
Opportunity summary
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About
** Stylish Two-Bedroom Mezzanine Apartment ** This beautifully presented two-bedroom mezzanine apartment offers an impressive and highly versatile layout set across three levels, providing a unique sense of space.
The accommodation is accessed on the ground floor, where you are welcomed into a spacious living room that forms the central hub of the home.
This level also features the principal bedroom along with a modern bathroom fitted with a contemporary three-piece suite.
Stairs lead down to the lower ground floor, where you will find a second generous double bedroom. This flexible space is ideal as a bedroom, home office, studio or an additional reception room.
To the upper level, the property truly showcases its mezzanine design with a superb open-plan kitchen and dining area.
This bright and airy space provides an ideal setting for both cooking and entertaining, with a contemporary layout overlooking the apartment's lower levels.
The kitchen/dining area benefits from stylish recessed spotlighting, creating a clean and modern finish.
Electric underfloor heating is installed throughout the principal living areas, complementing the property's modern electric storage heaters, which provide the main source of heating.
Perfectly suited to first-time buyers, downsizers or investors, this unique home combines character, space and practicality in equal measure, all within a well-connected and desirable location.
The property is ideally situated within easy walking distance of Derby City Centre and the highly sought-after Cathedral Quarter, offering an excellent selection of independent shops, restaurants, bars and cultural attractions.
Darley Abbey Park is also close by, providing beautiful riverside walks and open green space, making this an ideal location for both city living and outdoor leisure.
Accommodation Measurements GROUND FLOOR Living Room 16'3" x 13'1" (4.95m x 3.98m) Bedroom One 11'8" x 10'9" (3.55m x 3.27m) Bathroom 7'2" x 5'9" (2.19m x 1.74m) LOWER GROUND FLOOR (BASEMENT) Bedroom Two 11'11" x 8'6" (3.63m x 2.59m) FIRST FLOOR (MEZZANINE LEVEL) Kitchen/Dining Room 18'3" x 11'1" (5.56m x 3.37m)
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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
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FAQ
About King Street, Derby, Derbyshire
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