2-bedroom terraced house · DE7 4EL
Sold STCListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Traditional end terraced house in a very sought after location. The property requires some improvement and offers an excellent investment opportunity to a buyer.
Benefits include gas central heating with a replacement boiler and UPVC double glazed doors and windows. Entrance hall, through lounge and a kitchen / dining room.
Landing, two good size bedrooms and a shower room. Spacious corner position with gardens to front, side and the rear. Offered with no upward chain and vacant possession.
Entrance Hall UPVC double glazed door to the front aspect, radiator and stairs to the first floor landing.
Lounge (17' 0" x 9' 5" (5.18m x 2.87m)) Through room having UPVC double glazed windows to both the front and rear aspects and two radiators.
Kitchen Dining Room (16' 11" x 8' 10" (5.15m x 2.7m)) Base and eye level cupboards with work surface space.
Stainless steel single drainer sink unit, plumbing and space for a washing machine, gas cooker point, radiator.
UPVC double glazed door and window to the rear aspect and a UPVC double glazed window to the front aspect. Built in pantry which has a UPVC double glazed window to the rear aspect.
Landing UPVC double glazed window to the rear aspect. Bedroom One (17' 0" x 9' 6" (5.18m x 2.9m)) UPVC double glazed windows to both front and rear aspects and two radiators.
Bedroom Two (10' 9" x 9' 9" (3.27m x 2.96m)) UPVC double glazed window to the front aspect, radiator, access to the loft space via a loft ladder.
Built in cupboard housing a modern combination condensing gas boiler.
Shower Room (7' 5" x 6' 11" (2.27m x 2.1m)) Step in shower cubicle, low flush WC, pedestal hand wash basin, tiled splash areas, radiator and a UPVC double glazed obscure window to the rear aspect.
Front Block paved front garden. Side Spacious lawned garden to the side of the property which has private gated pedestrian access along the side to the rear.
Rear Rear garden with wooden fencing and two brick built outhouses.
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 32, Depedale Avenue, Ilkeston
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