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See how verdicts work2-bedroom flat · DE7 5LH
Listing removedReduced £5k (−5.3%) on 21 JunListed 231 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Station Road, Ilkeston, De7 5Lh A fantastic investment opportunity comprising a mid terraced building converted into two self contained one bedroom flats, ideally positioned on a well connected residential road.
The first floor flat is well arranged and offers a bright reception room, fitted kitchen, double bedroom and bathroom.
The ground floor flat also comprises one bedroom, reception room and bathroom but presents a development opportunity, offering scope for refurbishment.
The property benefits from its own access and represents an attractive prospect for investors seeking rental income with additional upside potential.
Ilkeston is a popular and well established market town in Derbyshire, positioned between Nottingham and Derby, making it ideal for commuters.
Station Road is conveniently located for local shops, supermarkets, schools and everyday amenities.
Excellent transport links include nearby road connections to the A610 and M1 motorway network, along with regular bus services.
The recently reopened Ilkeston railway station further enhances connectivity, providing direct routes to Nottingham and beyond.
Ilkeston has seen continued residential demand due to its affordability compared with neighbouring cities.
Ongoing regional investment and infrastructure improvements across Derbyshire and the East Midlands continue to support capital growth and rental demand.
The reopening of the railway station and wider East Midlands development initiatives have strengthened the town’s appeal to commuters and investors alike.
Financial Breakdown Gross Rent: £6,000.00 Net income: £5,400.00 Gross yield: 6.32% Net yield: 5.68% Please contact agent for full financial breakdown.
Important note to purchasers: 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.
Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-08436
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisers 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
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FAQ
About 104B, Station Road, Ilkeston
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