Tanglewood Mill is located in a busy industrial area to the North West of Derby City Centre. Historical information is vague, however I believe it is to be converted into apartments some time soon.
Tanglewood Mill, Derby
- Thread starter thompski
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A good find there, Thompski!
i like the 'more upstairs' sign!
i like the 'more upstairs' sign!
Me too! I thought it was very thoughtful of them to leave it for the urban explorer.
Very neat mill. I love the courtyard and especially the view from the windows. Good stuff!
good find and great pics,I hope they do convert it instead of demolishing it
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Nice pics thompski, Like the window frame (ether no glass or very clean glass 
) pic
) pic 
lol dave, i was about to say that!!!
Looks like a nice place, trashed by nature not chav or is that just the way the photo's have come out??
Looking at all the faceless modern buildings around, i quite like to see big old mills and factories made into apartments, the buildings seem to have so much more character (sez i living in a new build)
Alot of the old quayside warehouses up here are flats now and i think they look great all wrapped in thick, old stonework
Some nice pictures there, love the broken window shot!
Looks like a nice place, trashed by nature not chav or is that just the way the photo's have come out??
Looking at all the faceless modern buildings around, i quite like to see big old mills and factories made into apartments, the buildings seem to have so much more character (sez i living in a new build
) Alot of the old quayside warehouses up here are flats now and i think they look great all wrapped in thick, old stonework
Some nice pictures there, love the broken window shot!
Tanglewood mill is on the market for £2,750,000
Anyone intrested?
Anyone intrested?
I do not know what the present dwelling density for this site is. In the original consultation documents for future housing in the Derby area, a figure of 22 was given - but it was not clear if this number was for a conversion, or new build on a demolished site. If the figure of 22 still holds, at the stated sale price, initial outlay per luxury apartment will be £125,000 + share of fees. You do not quote any specification details, and I am not familiar with the luxury market prices in Derby - in Leeds a similar conversion would yield apartments in the £300k/£350k price bracket. So a nice profit could be made, only problem to this is the severe downturn in housing market. Developers are finding it difficult to raise money for new projects, and those with ongoing projects are starting to mothball upcoming phases - rather than have money in apartments they cannot sell.
Of course if they had produced 'affordable' housing and the Government/Lenders got their act together, then the situation could be completely different. However that situation remains in the realms of 'never never land'!
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