3-bedroom terraced house · DE7 8EX
For saleListed 33 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** they'll be no feeling 'grey' once you've seen grey meadow road *** An excellent opportunity to get onto the property ladder with this three storey end town house located on a popular modern development lying close to Ilkeston town centre.
Features include a generous lounge/diner, downstairs WC, en-suite and dressing room to primary bedroom, off road parking, and a low maintenance rear garden.
Briefly comprising; entrance hallway, kitchen, downstairs WC, lounge/diner. To the first floor, two bedrooms and bathroom, and to the second floor, primary bedroom with dressing room and en-suite.
Outside, to the front is a driveway providing off road parking for two cars, and to the rear is a low maintenance garden.
Nearby amenities include all of Ilkeston's shops, supermarkets, schools, Ilkeston hospital, train station, along with Shipley Country Park and the Nutbrook Trail. Contact Watsons to arrange a viewing.
Entrance Hall Entrance door to the front, stairs to the first floor, wood effect laminate flooring, radiator and doors to the lounge, kitchen diner & WC.
WC Obscured uPVC double glazed window to the side, WC, pedestal sink unit and wood effect laminate flooring.
Lounge 4.45m x 3.97m (14' 7" x 13' 0") Wood effect laminate flooring, radiator, ceiling spotlights and French doors to the rear garden.
Dining Kitchen 4.84m x 2.19m (15' 11" x 7' 2") A range of matching wall & base units, work surfaces incorporating an inset sink & drainer unit.
Integrated appliances to include: Waist height electric oven& 5 ring gas hob with extractor over, fridge freezer and washing machine.
Wood effect laminate flooring, radiator, ceiling spotlights and uPVC double glazed window to the front. Landing 1 Doors to bedrooms 2 & 3 and family bathroom. Stairs to the first floor.
Bedroom 2 3.97m x 3.87m (13' 0" x 12' 8") UPVC double glazed window to the rear, wood effect laminate flooring, radiator and ceiling spotlights.
Bedroom 3 3.54m x 2.03m (11' 7" x 6' 8") UPVC double glazed window to the front and radiator. Bathroom 3 piece suite in white comprising WC, vanity sink unit and bath. Radiator.
Landing 2 Door to the primary bedroom. Primary Bedroom 3.97m x 3.66m (13' 0" x 12' 0") 2 velux windows, radiator, open to the dressing area with door to the en suite.
En Suite 3 piece suite in white comprising WC, vanity sink unit and shower cubicle. Obscured uPVC double glazed window to the rear, ceiling spotlights and radiator.
Outside To the front of the property, a brick paved driveway provides off road parking for 2 cars.
The low maintenance rear garden comprises a paved patio seating area, artificial lawn, timber built summer house and is enclosed by timber fencing to the perimeter with gated access to the side.
Agents Note The vendor has provided us with the following information: The boiler is located on the ground floor and is three years old.
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 14, Grey Meadow Road, Ilkeston
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