2-bedroom house · DE7 8HU
For saleListed 93 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Renshaw Estates offer this 50% shared ownership Townhouse, Two Double Bedrooms, driveway, Modern Throughout, gf WC, Enclosed Garden, bus route near amenities, Viewing Advised!
Entrance Hall Double glazed door and window, radiator, stairs, under stairs storage cupboard. WC Radiator, wash basin, WC, tiled splash backs.
Kitchen (3.03 m x 2.75 m (9'11" x 9'0")) UPVC double glazed window, radiator, wall and base units, worktops, splash backs, sink, Ideal combination boiler.
Lounge (4.78 m x 3.57 m (15'8" x 11'9")) UPVC double glazed window and door, two radiators. Landing Loft access, storage cupboard.
Bedroom (4.76 m x 3.00 m (15'7" x 9'10")) Two UPVC double glazed windows, radiator.
Bedroom (4.76 m x 2.26 m (15'7" x 7'5")) Two UPVC double glazed windows, radiator Bathroom (2.40 m x 2.00 m (7'10" x 6'7")) Bath with mixer shower taps, wash basin, WC, radiator, tiled splash backs.
Outside Front: Lawned garden. Rear: Low maintenance artifitial lawn with slabbed and decked patio areas, two timbers sheds, access to parking to rear.
EPC Information Energy Efficiency Rating = tbc Current Council Tax Band A Shared Ownership Combined Rent & service charge for the other 50% share is currently circa £287 monthly - Please enquire in branch for further information.
The 50% share is owned by Platform Housing. Any interested offerer will be sent an application form by Platform Housing Group to assess their eligibility for the purchase on the scheme.
Mortgage & Solicitors We have you covered with everything under one roof. Please get in touch to discuss how we can help with your mortgage and your conveyancing with our recommended solicitors.
Anti Money Laundering In order for us to comply with current regulations, we will require evidence of identification for any prospective purchaser.
We ask for your prompt co-operation so as not to delay the negotiation or sales process. Additional Information These particulars do not constitute any part of the offer or contract.
All measurements are approximate.
Any mentioned appliances and services to be included in the sale have not been tested by ourselves and accordingly we recommend that all interested parties satisfy themselves as to the condition and working order prior to purchasing.
None of the statements contained in these particulars or floor plan are to be relied on as statements or representations of fact and any intending purchaser must satisfy themselves by inspection or otherwise to the correctness of each of the statements contained in these particulars.
The vendor does not make or give, neither do Renshaw Estates nor any person in their employment have any authority to make or give any representation or warranty whatsoever in relation to this property.
We are members of the Property Redress Scheme:
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 401 Cotmanhay Road, Ilkeston
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