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See how verdicts work2-bedroom terraced house · DE7 8HQ
For saleListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary two bedroom terraced home! Ideal for modernisation!
A fantastic opportunity to acquire this two-bedroom mid-terraced home, offering excellent potential for a new owner to update and modernise to their own taste and requirements.
Ideally suited to first-time buyers, investors, or those looking for description two bedroom terraced home! Ideal for modernisation!
A fantastic opportunity to acquire this two-bedroom mid-terraced home, offering excellent potential for a new owner to update and modernise to their own taste and requirements.
Ideally suited to first-time buyers, investors, or those looking for a project, the property provides well-proportioned accommodation throughout and retains a number of attractive original features.
The ground floor comprises a living room and a separate reception room, currently utilised as a second living room and a spacious galley kitchen.
To the first floor are two good-sized bedrooms, including a generous principal bedroom with an attractive original cast-iron fireplace and a shower room.
Outside, the property benefits from a low-maintenance rear garden.
Offering plenty of scope for improvement and value enhancement, this property presents an excellent opportunity to create a wonderful home in a convenient location.
Early viewing is highly recommended. To The Front On-street parking available. Low brick walled yard frontage with UPVC front door leading directly into the living room.
Living Room Having a front aspect double-glazed window, provides access to the dining room and staircase rising to the first floor.
Dining Room Currently presented as a living room, this versatile reception room features a rear-aspect double-glazed window.
An attractive wooden mantel with a tiled hearth provides a charming focal point, while a useful understairs cupboard offers additional storage.
Kitchen Spacious galley kitchen fitted with a selection of wall and base units, incorporating an integrated oven and hob, with a stainless-steel sink and drainer positioned beneath the side-aspect window.
Benefiting from both a rear-aspect window and a rear door leading out to the garden, the room enjoys an abundance of natural light.
Offering ample workspace and storage, the kitchen provides a practical and functional environment for everyday living.
Bedroom One Spacious and neutrally decorated bedroom featuring a front-aspect double-glazed window, fitted carpet, and a radiator.
An attractive original cast-iron fireplace provides character and charm, creating a stylish focal point.
Bedroom Two Good sized second bedroom featuring a rear aspect double-glazed window and a radiator.
The room also benefits from a handy storage cupboard, providing useful additional space and making it ideal as a guest bedroom, child's room, or home office.
Shower Room Having a rear aspect double-glazed window and a fitted radiator. Suite includes a large walk-in electric shower with handrail, a low-level WC and a handwash basin.
To The Rear Low maintenance rear paved garden. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. These particulars do not constitute part or all of an offer or contract. 3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Potential buyers are advised to recheck the measurements before committing to any expense. 5.
Burchell Edwards has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. 6.
Burchell Edwards has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisers 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 Factory Lane, ILKESTON
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