1-bedroom flat · DE7 8JP
Sold STCReduced £15k (−20%) on 25 MarListed 355 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Solutions Group are a legal specialist property company, active in markets sectors such as but not limited to probate, court of protection and the wider legal sector.
We are delighted to present to the market this exciting investment opportunity. Situated in the ever popular Awsworth Road & offered with no onward chain!
Lounge - 3.79m x 3.54m (12'5" x 11'7") A bright and welcoming living space with ample room for both relaxation and entertaining.
Natural light fills the room through the front-facing window, enhancing the sense of space and warmth. Stairs lead down to the private entrance hall.
Kitchen - 2.59m x 1.82m (8'6" x 6'0") This well-appointed kitchen offers a practical and functional layout with a range of fitted units and workspace.
Ideal for home cooking, the kitchen benefits from a window providing natural light and ventilation.
Bedroom - 2.95m x 2.07m (9'8" x 6'9") A cosy double bedroom featuring a rear-facing window and space for wardrobes and storage. Perfect for a restful night's sleep in a quiet and private setting.
Shower Room - 1.60m x 1.20m (5'3" x 3'11") Compact and convenient, the modern shower room comprises a walk-in shower, WC, and wash basin.
Ideal for everyday use and finished in a clean, contemporary style.
Entrance Hall (Ground Floor) Accessed via a private front door, the entrance hall offers a practical space for coats and shoes, with stairs leading directly up to the first-floor accommodation.
This property is sold as seen in its current condition, excluding chattels and has been priced accordingly.
A purchaser whose offer is accepted by the seller will be required to pay Property Solutions Group (South East) Limited an administration fee of £500 in order to proceed to contracts, refundable only if the seller withdraws from the proposed transaction without reasonable grounds.
The purchaser will be responsible for paying Property Solutions Group (South East) Limited a buyer's premium of £5,000 or 2.5% (whichever is the higher) of the total purchase price paid for the property and any contents plus VAT.
The buyer's premium will become due and payable by the purchaser to Property Solutions Group (South East) Limited on exchange of contracts. Terms and conditions apply.
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
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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 Awsworth Road, Ilkeston, Derbyshire, DE7
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