2-bedroom bungalow · DE7 8HT
Listing removedListed 223 days
Opportunity summary
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About
****TWO BEDROOM DETACHED BUNGALOW**** NO CHAIN** OFF ROAD PARKING*** & DETACHED GARAGE, SPACIOUS LOUNGE close to ILKESTON town centre & all its AMENITIES*** Two bedroom detached bungalow with off road parking & detached garage, situated in a quiet cul-de-sac.
The property offers kitchen, lounge, shower room, & a low maintenance rear garden.
Offered with No Upward Chain Ilkeston is a much sought-after market town centrally located half way between Nottingham and Derby in the borough of Erewash and has a wide range of facilities.
Ilkeston boasts its own railway station and is just 10 minutes from both junction 25 and 26 of the M1 motorway and has fantastic public transport links.
Both Nottingham City and the QMC Hospital are less the 20 minutes away. Hallway - Double glazed door to the side elevation, doors off & radiator.
Kitchen - 3.02m x 1.85m (9'11" x 6'1") - Double glazed window to the front elevation, wall & base units with laminate worktop over, composite sink & drainer with mixer tap, freestanding cooker, space for fridge/freezer, space for washing machine, wall mounted boiler & tiled flooring.
Lounge - 4.83m x 3.30m (15'10" x 10'10") - Double glazed bay window to the front elevation, fire surround with gas fire, coving to ceiling, wall lights, radiator & fitted carpet.
Bedroom One - 3.07m x 2.51m (10'1" x 8'3") - A double bedroom with coved ceiling, large double glazed window to the rear elevation, radiator & fitted carpet.
Bedroom Two - 2.79m x 2.36m (9'2" x 7'9") - Double glazed window o the rear elevation, coving to ceiling, radiator & fitted carpet.
Shower Room - 2.18m x 1.70m (7'2" x 5'7") - Frosted double glazed window to the side elevation, walk in shower cubicle with electric shower, low flush WC, vanity wash hand basin, radiator, part tiled walls & laminate flooring.
Outside - Rear Garden - Paved patio area, lawn area, brick & fence boundary. Detached Garage - Brick built detached garage with up & over door. Council Tax Band - Council Tax Band B
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Grenville Drive, Ilkeston
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