1-bedroom flat · DE7 4EB
Let agreedListed 31 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
ILKESTON: A stylish one bedroom part-furnished apartment on the top floor of this modern development.
The property offers an open plan living room with private balcony and the modern kitchen is offered with appliances including a fridge, freezer, oven, hob, extractor and washing machine.
The bedroom consists of a double bed with wardrobe and bed side table and the bathroom has a white 3 piece suite with shower located over the bath. WHY SHOULD YOU VIEW?
This bright and modern apartment is well furnished and includes a private balcony.
Situated approximately 400 metres from the main bus routes of Nottingham Road, this apartment will appeal to an individual or couple looking for a contemporary place to live.
Along Nottingham Road, there are also various shops, a post office and several small convenience stores. There is one allocated parking space with apartment.
Council Tax Band - A (Erewash Borough Council) No Pets due to lease restrictions Holding Deposit:Payment of a holding deposit, equivalent to 1 weeks rent, will secure the property for 7 days whilst references are obtained.
The holding deposit will be offset against your first months’ rent if your application is successful.
If you have any reason to suspect that you may fail referencing, please disclose the reasons so they can be considered before you apply.If, after 15 days of receipt of the holding deposit (‘deadline for agreement’), a tenancy has not been agreed, a decision about how to proceed will be made.
For example, the ‘deadline for agreement’ could be extended, your holding deposit could be refunded and the property remarketed or your holding deposit could be retained, for example, if you had provided false information.
Please find more information about the application process here
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Noskwith Street, Ilkeston
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