Checked before you commit
We compare the developer's figures with PROXERA's data and your goals, and tell you plainly if it does not fit.
How it works
With PROXERA
Apartment
Furnished to rent, let and tracked
From £119,000
- Est. gross yield
- 9.5%
With PROXERA
Larger apartment
Furnished to rent, let and tracked
Up to £154,995
- Est. gross yield
- 9.5%
Elsewhere
Same apartment, unfurnished
Sold bare. You furnish and let it
£158,523+
- Furnishing
- From £3,528 extra
- Letting
- On you
DERBY · COMPLETED CONVERSION
Osmaston Mill
Characterful apartments in a restored Victorian mill in Derby, combining original architecture with modern interiors. Completed and ready to let.
From£119,000
Hover 01 to 03 to look insideTap 01 to 03 to look inside
- From
- £119,000to £154,995
- Funding
- Cash purchase
- Completion
- Completed
- Tenure
- 999-year lease
- Developer
- Prosperity
- Homes
- 70
- Property type
- Apartments in a converted Victorian mill
- Reservation fee
- £5,000
THE DEVELOPMENT
About Osmaston Mill.
Osmaston Mill offers characterful apartments within a restored Victorian mill in Derby, combining original architecture, arched windows and exposed brick with modern interiors.
Derby has an investment story backed by major employers including Rolls-Royce, Alstom and Toyota in the surrounding area. The city's engineering and manufacturing industries provide a base of skilled workers, while investment in the city centre and the planned Great British Railways headquarters add to its longer-term appeal.
For investors, the attraction is the combination of a distinctive, completed property and access to Derby's employment base.
Amenities
- Restored Victorian mill
- Landscaped grounds
- Completed homes
Strategies PROXERA considers suitable: Standard buy-to-let, Conversion, High-yield buy-to-let.
THE NUMBERS
Cross-checked against the data.
The developer's figures sit beside PROXERA's own estimates, so you can see where they agree and where they differ.
| Figure | Value | Source |
|---|---|---|
| Price range | £119,000 to £154,995 | Developer price list |
| Reservation fee | £5,000 | Developer terms |
| Gross yield | 9.5% | Developer stated |
| Gross yield | 9.5% | PROXERA estimate |
| Net yield | 8% | PROXERA estimate |
| Cash needed to buy | Around £120,000 | PROXERA estimate |
PROXERA estimates are produced by our technology from market data. They are illustrative, before your own costs, tax and finance, and are not a forecast or guarantee. Developer figures are as stated by the developer.
INSIDE PROXERA
See Osmaston Mill the way our technology sees it.
Every development in PROXERA sits beside the data: what it really costs to buy, the deposit, stamp duty and fees, PROXERA's own yield estimates and the homes still available. After completion, the property, its income, costs and key dates live in the same account.
- The full cost to buy, before you commit
- Developer figures beside PROXERA estimates
- Modelled in your Wealth Plan in one click
- Tracked month by month after completion
LOCATION
Osmaston Road, Derby, DE23 8LD.
Characterful apartments in a restored Victorian mill in Derby, combining original architecture with modern interiors. Completed and ready to let.
BUYING WITH PROXERA WEALTH
From reservation to rent, in one place.
Bought from anywhere
Reservation, legal work, mortgage introductions and completion handled for you, in the UK or from overseas.
Investing from overseasTracked in PROXERA
After completion the property, its income, costs and documents live in your PROXERA account.
Explore the platformQUESTIONS
Osmaston Mill: your questions answered.
What is the tenure at Osmaston Mill?
Osmaston Mill is offered as 999-year lease. Ask us for the full lease or title details and any service charge before you reserve.
When does Osmaston Mill complete?
Osmaston Mill is already completed, so there is no build period before you can let it.
Can I buy from overseas?
Yes. PROXERA Wealth runs the whole purchase remotely, from identity checks to completion, and the property is then tracked in your PROXERA account.
Can I use a mortgage?
Many buyers do. An FCA-authorised mortgage broker can tell you what is available for this development and your circumstances.
How do I check availability at Osmaston Mill?
Request availability and we will confirm current prices, the homes still available and how the development fits your goals, usually within one working day.
Details for Osmaston Mill come from the developer's materials held in the PROXERA development library, checked 22 October 2026. Prices, availability, completion dates and yields change and are not a forecast or guarantee; confirm current details before reserving. Proxera Ltd is not authorised and regulated by the Financial Conduct Authority. For mortgage advice, speak to an FCA-authorised mortgage broker. Property investment involves risk: capital is at risk and past performance is not a reliable indicator of future results.
GET MATCHED
Interested in Osmaston Mill?
Request current availability, prices and the homes still left. We reply within one working day.