2-bedroom flat · DE7 5BW
For saleReduced £20k (−20%) on 7 JulListed 223 days
Opportunity summary
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About
This neutrally decorated two-bedroom flat is offered for sale in a sought-after area of Ilkeston well placed for public transport links and local amenities.
The property comprises one reception room, one kitchen, two bedrooms and a bathroom, providing a practical layout suitable for those seeking university accommodation or an investment opportunity.
Off-street parkingis included, a valuable benefit in this location. Ilkeston town centre is within easy reach, offering supermarkets, independent shops, cafés and everyday services.
Victoria Park and other nearby green spaces provide opportunities for walking and recreation. Public transport connections are a key advantage.
Ilkeston railway station offers services towards Nottingham and Sheffield, with journey times to Nottingham typically around 15–20 minutes, making the flat a viable base for commuting or study.
Local bus routes link Ilkeston with surrounding towns and Nottingham city centre, providing additional flexibility for residents without a car.
The area is well served by schools and further education options in Ilkeston and nearby Nottingham, supporting the property’s suitability for students or staff requiring convenient access to education hubs.
Overall, this two-bedroom flat for sale in Ilkeston combines neutral décor, practical accommodation, parking and strong local transport and amenity links, making it a compelling option for buyers seeking well-located university accommodation or a straightforward buy-to-let.
Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
ILK260029/8 Communial Hall And Stairs Entrance Porch Entrance Hall Kitchen (2.84m x 2.57m) Fitted with a range of wall and base units incorporating rolled edge worktops and tiles splash backs.
Built in oven and hob and space for appliances. Double glazed window to front elevation.
Lounge (4.62m x 4.09m) Two double glazed window to front elevation Bedroom 1 (3.89m x 2.64m) Double glazed window to rear elevation. Bedroom 2 (2.26m x 2.26m) Double glazed window to rear elevation.
Bathroom (2.87m x 1.7m) Fitted with a three piece suite with shower over bath and tiled splash backs.
Tenure Leasehold - 150 Years from 1st January 2005 End of Lease 1st January 2155 128 years EPC Rating C Erewash Borough Council
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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.
Area
Agent & docs
FAQ
About 25, Palmerston Road, Derbyshire
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