2-bedroom house · DE7 8BB
Listing removedListed 118 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented two-bedroom cottage located on Wilmot Street in Ilkeston, offering comfortable living accommodation in a convenient location close to local amenities, schools, and transport links.
The property comprises a welcoming living room, a separate dining room, a fitted kitchen, two well-proportioned bedrooms, and a family bathroom.
The layout provides practical living space, making it ideal for couples, small families, or working professionals.
Situated within easy reach of Ilkeston town centre, the property benefits from nearby shops, public transport, and excellent road links to surrounding areas.
Early viewing is highly recommended to appreciate all this property has to offer.
Living Room The living room is bright and spacious, benefiting from two large windows that allow plenty of natural light to fill the room.
The front entrance door opens directly into this welcoming space, which also features a long radiator for efficient heating and a brown fitted carpet, creating a comfortable and practical living area.
Dining Room A bright dining room with a large window providing plenty of natural light.
The room features a grey fitted carpet, a modern wall-mounted electric fire, built-in storage cupboards, and a small radiator.
A blue-grey feature wall with white floral detailing adds character, and there is direct access through to the kitchen.
Kitchen Wall and base units, laminate flooring, neutral decor, electric heater, integrated oven, hob and extractor, stainless steel sink with hot and cold tap.
Bedroom One A spacious bedroom with a large window providing plenty of natural light.
The room features a feature wall, a brown fitted carpet, a small radiator, and a built-in storage cupboard, offering practical storage space.
Bedroom Two A well-proportioned bedroom featuring a large window allowing plenty of natural light, a brown fitted carpet, a radiator, and a built-in storage cupboard, providing practical storage space.
Bathroom A modern bathroom fitted with a white three-piece suite comprising a bath with shower screen, WC, and wash basin.
The room also benefits from a frosted window providing natural light, stylish grey wall coverings, wood-effect vinyl flooring, and a heated towel rail.
Disclaimer Move in cost - First months rent £775 bond £775 Deposit Alternative available Council Tax Band A Assured Periodic Tenancy While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.
(1) money laundering regulations – prospective tenants will be asked to produce identification documentation during the referencing process and we would ask for your co-operation in order that there will be no delay in agreeing a tenancy.
(2) These particulars do not constitute part or all of an offer or contract. (3) The text, photographs and plans are for guidance only and are not necessarily comprehensive.
(4) Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully to satisfy yourself of their accuracy.
(5) You should make your own enquiries regarding the property, particularly in respect of furnishings to be included/excluded and what parking facilities are available.
(6) Before you enter into any tenancy for one of the advertised properties, the condition and contents of the property will normally be set out in a tenancy agreement and inventory.
Please make sure you carefully read and agree with the tenancy agreement and any inventory provided before signing these documents.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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
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FAQ
About 1 Bourne Cottages, Wilmot Street, Ilkeston
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