5-bedroom detached house · DE73 8AA
Sold STCListed 374 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Old Mill is a highly desirable Grade II Listed residence, beautifully positioned in the heart of the charming town of Melbourne.
Nestled beside the historic mill pool—known as Melbourne Pool—the property enjoys stunning panoramic views across the water and surrounding countryside, offering a truly idyllic and rarely available setting.
This exceptional home perfectly balances period character with contemporary living.
Originally dating back to the early 17th century, the property underwent a meticulous conversion in the 1970s, preserving its historic charm while introducing modern comforts.
As part of the exclusive Melbourne Estate, it presents a rare opportunity to acquire a home of both architectural significance and everyday practicality.
The accommodation is arranged across three floors and offers both space and versatility.
On the ground floor, there is a well-equipped fitted kitchen with built-in storage and a generous dining room with glazed doors opening out onto a private patio.
Leading off the dining room is a comfortable lounge, along with a welcoming entrance hall and a convenient WC.
The first floor offers four well-proportioned bedrooms, including one with an en suite, alongside a stylish shower room serving the remaining rooms.
The second floor is home to a large and flexible fifth bedroom, which could also serve as a sitting room, studio, or games room, depending on your needs.
Externally, the property benefits from a private gated driveway with ample parking, as well as two outbuildings—one of which is large enough to accommodate up to two cars.
The gardens are laid to lawn to both the front and rear, complemented by a charming mill feature to the side of the property.
With its spacious layout, exceptional views, and timeless appeal, The Old Mill is a rare and special home in one of Derbyshire’s most picturesque and historic locations.
Tenure - Freehold Council Tax Band - South Derbyshire Council Council Tax Band : G Viewings - Please contact David, Julie or Henry at our office to arrange your viewing.
All viewings are by appointment only.
Services - Mains water, gas and electricity are available to the property but none of these, nor any of the appliances attached thereto, have been tested by us, who gives no warranties as to their condition or working order.
Telephone subject to suppliers regulations. Valuations - If you have a property to sell please contact us to arrange your free valuation.
We can be contacted Monday - Friday 9am - 5pm or Saturdays 9am - 4pm.
Fixtures, Fittings & Appliances - The mention of any fixtures, fittings and/or appliances does not imply they are in full efficient working order.
Photographs - Photographs are reproduced for general information and it cannot be inferred that any item shown is included in the sale.
Measurements - Every care has been taken to reflect the true dimensions of this property but they should be treated as approximate and for general guidance only.
Money Laundering - Where an offer is successfully put forward we are obliged by law to ask the prospective purchaser for confirmation of their identity.
This will include production of their passport or driving licence and a recent utility bill to prove residence. This evidence will be required prior to solicitors being instructed.
General Note - These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract.
Intending purchasers should not rely on these Particulars of Sale as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy.
No person in this agent's employment has the authority to make or give any representation or warranty in respect of the Hours Of Business - Our office is open Monday to Friday 9am - 5.30pm Saturday 10am - 3:30pm.
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 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

FAQ
About The Old Mill, Pool Road, Melbourne, DE73 8AA
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