Lives in des res I converted (7)
I believe the answer is:
resides
'lives in' is the definition.
(I've seen this before)
'des res i converted' is the wordplay.
'converted' indicates an anagram.
'des'+'res'+'i'='desresi'
'desresi' anagrammed gives 'RESIDES'.
(Other definitions for resides that I've seen before include "stays required" , "Lives, dwells" , "Sojourns" , "stays in Peebles" , "stayed in Scotland" .)