2-bedroom flat · DE7 5BS
Sold STCListed 336 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
TWO bedroom top floor apartment with spacious accommodation comprising of communal entrance, entrance hall, bathroom, kitchen, lounge, two bedrooms. Offered for sale with no upward chain.
Off street parking space. Ideal for investors or first time buyers. Entrance Hallway Entrance into communal entrance with steps rising to the top floor to the address.
Intercom service to the property. Internal hallway Doors to all rooms, radiator, cupboard.
Kitchen 2.67m x 2.73m UPVC window to front aspect, fitted base and wall units with work top, sink unit, part tiled walls, integrated oven, hob and extractor above, plumbing for washing machine, space for fridge, vinyl flooring.
Lounge 3.45m x 4.64m Two UPVC windows to front, radiator, tv point. Bedroom One 2.7m x 3.52m UPVC window to rear aspect, radiator.
Bedroom Two 2.86m x 2.38m UPVC window to rear aspect, radiator.
Bathroom UPVC double glazed window to rear, Three piece suite comprising of panelled bath with shower above and shower curtain, WC, pedestal hand wash basin, radiator, vinyl flooring, part tiled walls.
Outside To the front of the property is a off street parking area.
Disclaimer NOTICE TO PROSPECTIVE PURCHASERS Please note that the information contained within this brochure is understood to be correct and accurate to the best of Taylor Brown & Simms Estate Agents knowledge.
However, the information and measurements should not be relied upon to form any part of a contract or any offer made.
The information offered is for guidance only particularly in relation to any listed appliances being in full working order.
Purchasers should make their own investigations to verify correctness of same particularly if they intend to purchase the property for a specific use or purpose.
The information contained within the brochure should not be republished or copied in any way for any other form of advertising or use without Taylor Brown & Simms permission.
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 Canning Mews, Park Road, Ilkeston, Derbyshire
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