1-bedroom flat · DE7 5HA
To rentListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Burchell Edwards are delighted to present this modern, ground floor one bedroom apartment on Drummond Road in Ilkeston which is available in November.
The property comprises of; open plan living room and kitchen, bedroom and bathroom with shower only. This apartment also comes with 1 allocated parking space!
In a prime location in Ilkeston, opposite Victoria Park and within walking distance to Ilkeston Town Centre, public transport links, close to Derby and Nottingham.
Viewing is essential to appreciate the high standard of the property, so call and book your viewing today!
Epc Rating D Council Tax Band A deposit £801.00 Council Tax Band: A Holding Deposit: £160.00 Available In November Modern Thoughout Off Street Parking Close To Town Centre Epc Rating D Council Tax Band A Deposit £801.00
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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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.
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