2-bedroom flat · DE7 5AD
To rentListed 6 days
Opportunity summary
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About
MODERN, LUXURY, 2-BEDROOM APARTMENT WITH SET ENERGY BILLS, **SEE BELOW INFORMATION**.
-- TOTAL RENT PER MONTH (£1,040) IS INCLUSIVE OF ELECTRIC, GAS & WATER BILLING ***£875 plus £165 for electric, gas & water bill = £1,040 per month *** -- APARTMENT 17: - 2nd Floor apartment with great views!
With communal elevator, single designated parking space, large windows for lots of natural light, & gas central heating throughout.
Apartment briefly comprise of: main building entrance, stairs and elevator up to the 1st, 2nd and 3rd floors, flat entrance hallway, kitchen/living area, bathroom suite with a shower-over-bath, and 2 x double bedrooms.
All apartments with quality fittings, oak doors, intercom system, and residents-only car park. Great location for Ilkeston amenities, good access roads to Derby/Nottingham areas, A610, A38, M1.
Ilkeston Train Station is also a 10-minute walk away. **APARTMENT IS LET UNFURNISHED! **RENT AND INCLUSIVE BILLS ARE NON-NEGOTIABLE.
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 Evergreen View, Albany House, Albany Street, Ilkeston, Derbyshire, DE7
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