1-bedroom flat · DE7 8GJ
Let agreedListed 71 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the heart of Ilkeston on the charming King Street, this delightful flat offers a perfect blend of comfort and convenience.
With one well-proportioned bedroom, this property is ideal for individuals or couples seeking a cosy retreat.
The flat features a welcoming reception room, providing a warm space for relaxation or entertaining guests. The bathroom is thoughtfully designed, ensuring both functionality and style.
The apartment's layout maximises space, creating an inviting atmosphere throughout.
Living in this location means you will have easy access to local amenities, shops, and transport links, making daily life effortless.
This property presents an excellent opportunity for those looking to embrace a vibrant community while enjoying the tranquillity of home.
Whether you are a first-time buyer or seeking a rental investment, this flat on King Street is a wonderful choice. Don't miss the chance to make this charming apartment your own.
Access Accessed via the side of property, opening into a communal hallway to the first floor accommodation. Open Plan Lounge Kitchen Area Bright and spacious open plan living kitchen area.
New flooring to the lounge area and vinyl to the kitchen. New kitchen with a range of wall and base units and integrated electric oven, hob and extractor.
Wall mounted electric heater, internal insulation, freshly painted, new windows. Storage cupboard.
Shower Room Walk in shower cubicle, new vinyl flooring, freshly painted, low flush w.c, basin with chrime mixer tap and tile splashback, wall mounted beauty mirror, heated towel radiator.
Bedroom Large double bedroom, new carpet flooring, new upvc window, new wall mounted heater, freshly painted.
Storage/Utility Space Off the bedroom, good sized storage room providing plumbing for a washing machine with worktop.
Move in cost - First months rent £675 pcm bond £675 Zero deposit option Council Tax Band - A 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 advisors 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 47A, King Street, Ilkeston
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