We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom semi-detached house · DE7 8QY
Listing removedListed 381 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two bedroom semi- detached house would make the perfect first home, a real blank canvas for someone to put their own stamp on.
Retaining some original charm & features the property has been painted throughout making it clean & fresh & ready for someone to move into.
offered to the market with no upward chain The accommodation in brief comprises of entrance hall, lounge to the front with bay window, dining room, fitted kitchen, downstairs toilet & small utility area.
Upstairs there are two double bedrooms & a four piece bathroom suite, there is ample parking with the property & a large lawned rear garden.
Make this property top of the list on your viewing priority, we expect high demand!
Entrance Hall - Double glazed front door, small entrance hall with stairs to the first floor, door to lounge & exposed floorboards.
Lounge - 3.84m x 3.76m (12'7 x 12'4 ) - Double glazed large bay window to the front elevation, gas fire on tiled heath with wooden mantle piece, coving to ceiling, radiator, exposed floor boards & door to dining room.
Dining Room - 3.28m x 3.33m (10'9 x 10'11) - Single glazed internal window, coving to ceiling, radiator, concreate flooring & single glazed door into kitchen.
Kitchen - 1.65m x 2.84m max (5'5 x 9'4 max) - Double glazed window overlooking the rear garden, fitted with a range of base cupboards, drawers, and wall units with laminate work surfaces, stainless steel sink & drainer with mixer tap, tiled surround, gas hob with extractor fan over, integrated oven & grill, space for freestanding fridge, concreate flooring & opening into large pantry.
Pantry - Pantry with storage shelves, double glazed side window, consumer unit & electricity meter & concrete flooring Side Lobby - Side lobby with tiled floor flooring, door to WC, glass panel door to utility area.
Utility Area - 2.46m x 1.52m (8'1 x 5'0) - Double glazed side window with Velux roof window & double glazed rear door opening into the rear garden.
First Floor Landing - Double glazed window to the side elevation, loft hatch, doors off & exposed floor boards.
Bedroom One - 3.78m x 3.40m (12'5 x 11'2) - The master bedroom to the front of the property has a double glazed window to the front elevation, sliding door wardrobes, large walk-in over stairs storage cupboard with its own double glazed front window, radiator & exposed floor boards.
Bedroom Two - 3.20m x 2.67m (10'6 x 8'9) - Double glazed window overlooking the rear garden, radiator & exposed floor boards.
Bathroom - 2.08m x 1.88m (6'10 x 6'2) - Frosted double glazed window to the rear elevation, four piece suite comprising panelled bath, a walk-in shower cubicle with electric shower, low flush WC, pedestal wash hand basin, cupboard housing the Glowworm wall mounted boiler, part tiled walls, radiator & exposed floor boards.
Outside - Frontage - To the front of the property, there is a dwarf wall and wrote railings, a large driveway leading to the side gate, a gravel frontage with raised deck flower bed, pathway to the front door.
Rear Garden - The spacious garden has a vast lawns, includes a patio area and a central pathway, plants and shrubs, a greenhouse, and a fence boundary for privacy and security.
This garden is a real blank canvas to put your own stamp on. Council Tax - Erewash A
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
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FAQ
About Richmond Avenue, Ilkeston
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