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See how verdicts work2-bedroom terraced house · DE7 8HY
Sold STCListed 278 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
If you are a first time buyer, this property could be ideal for you. Offering two double bedrooms, this well presented property offers a cosy yet spacious feel and is ready to move into.
GCH from combination boiler, two reception rooms, useful refurbished outbuilding. Popular residential location, close to local amenities. Viewing highly recommended.
Are you looking to make the first steps onto the property ladder? If so, this two double bedroom mid terraced house will be perfect for you.
Offering a cosy yet spacious interior, the property benefits from gas fired central heating and double glazed windows throughout.
There are two reception rooms, fitted kitchen, and modern bathroom (to the first floor).
A further feature of this property is in the south facing rear garden, where the current owner has refurbished the original outbuilding to provide for a useful space, currently used as a music room.
This offers a great den, small home office or simply for additional storage.
Situated in this popular traditional residential suburb on the outskirts of Ilkeston and close to all the amenities that the market town centre offers, including major supermarkets and train station with convenient access to Nottingham, Derby, etc.
As well as being ideal for first time buyers, this home would also suit those looking to downsize or possibly a long term buy to let investment. Viewing is recommended.
Lounge - 3.36 x 3.28 (11'0" x 10'9") - Radiator, double glazed window, front entrance door. Inner Lobby - Understairs store cupboard, access to dining room.
Dining Room - 3.37 x 3.77 (11'0" x 12'4") - Radiator, double glazed window to the rear.
Kitchen - 2.7 x 1.64 (8'10" x 5'4") - Range of modern fitted wall, base and drawer units, inset stainless steel sink unit with single drainer, built-in electric oven, gas hob and extractor hood over.
Plumbing and space for washing machine, gas combination boiler (for central heating and hot water). Double glazed window and door to rear. First Floor Landing - Doors to bedrooms and bathroom.
Bedroom One - 3.36 x 3.03 (11'0" x 9'11") - Radiator, double glazed windows to the front.
Bedroom Two - 3.79 x 2.48 (12'5" x 8'1") - Overstairs store cupboard, radiator, double glazed window to the rear.
Bathroom - 2.4 x 1.65 (7'10" x 5'4") - Modern three piece suite comprising pedestal wash hand basin, low flush WC, bath with mixer shower attachment over.
Tiling to walls, radiator, double glazed window. Outside - The property fronts the pavement.
To the rear, the property enjoys a fenced and walled in enclosed south facing garden, paved for ease of maintenance.
At the foot of the plot there is a traditional brick outbuilding which has been refurbished internally to provide a useful space with light and power, currently used as a music room but could equally be used as a den, home office or simply for storage.
A TWO BEDROOM MID TERRACED HOUSE.
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.
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FAQ
About Springfield Gardens, Ilkeston
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