2-bedroom terraced house · DE7 8PE
For saleListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented traditional two-bedroom end-of-terrace property, situated in the popular market town of Ilkeston.
Recently decorated throughout and benefiting from new carpets, this home is ready for its next owner to move straight in.
Offered for sale with no upward chain, it presents an excellent opportunity for first-time buyers, downsizers or investors.
The accommodation briefly comprises a welcoming lounge, a good-sized kitchen/diner, two generous double bedrooms and a dressing room leading through to the bathroom.
Externally, the property benefits from a good-sized, enclosed rear garden. Ilkeston is a popular market town ideally positioned between Nottingham and Derby, within the borough of Erewash.
The town offers a range of local amenities, shops and leisure facilities, together with its own railway station, making it a convenient choice for commuters.
Excellent road links are available via Junctions 25 and 26 of the M1 motorway, while Nottingham city centre and the Queen’s Medical Centre are approximately 20 minutes away by car.
Early viewing is highly recommended to appreciate the accommodation and convenient location on offer.
Lounge - 3.61m x 3.61m (11'10" x 11'10") - Double glazed door & window to front elevation, wall lights, radiator, double glazed front window, cupboard housing the electricity metres and consumer unit, newly fitted carpet, thermostat control point, archway leads into in the hallway.
Hallway - Stairs to the first floor accommodation with handrail, double glazed window to the side elevation, newly fitted carpeted flooring, radiator and archway leads into the kitchen diner.
Kitchen/Diner - 5.56m x 3.78m (18'3" x 12'5") - Fitted with a wide range of furniture including base cupboards, drawers, and matching wall units, laminated work surfaces and tiled surround, freestanding oven, stainless steel sink and drainer unit, two radiators, plate shelf, vinyl flooring, space and plumbing for washing machine, extractor fan, French double glazed doors open to the rear garden.
First Floor - Balustraded landing area, with carpeted flooring and doors leading off to bedrooms.
Bedroom One - 3.84m x 3.61m (12'7" x 11'10") - Double room with newly fitted carpets, freshly painted walls, radiator and double glazed window to the front elevation.
Bedroom Two - 3.76m x 3.58m (12'4" x 11'9") - Double room with newly fitted carpets, freshly painted walls, radiator, cupboard housing Baxi wall-mounted combination boiler and double glazed window to the rear elevation.
Dressing Room - 2.46m x 2.46m (8'1" x 8'1") - Newly fitted carpet, freshly painted walls, loft hatch, radiator and door to bathroom.
Bathroom - 2.46m x 1.93m (8'1" x 6'4") - Panelled bath with cream mixer tap, PVC splashback, pedestal wash hand basin, low flush WC, radiator, vinyl flooring and double glazed frosted rear window.
Outside - Rear Garden - The large garden is mostly patio with a gravel area fully enclosed by fencing and has a side access gate.
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
Agent & docs
FAQ
About Cotmanhay Road, Ilkeston
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