2-bedroom semi-detached house · DE7 9HF
Listing removedReduced £10k (−5.7%) on 27 MayListed 250 days
Opportunity summary
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About
Kitchen - 4.01m x 1.52m (13'2" x 5'0") - Wall & Base units with laminate worktop over, stainless steel sink & drainer with mixer tap, tiled surround, space for washing machine, space for fridge, loft hatch (boiler in loft), radiator, vinyl flooring, double glazed door to side & double glazed window to the front.
Lounge - 4.88m x 3.15m (16'0" x 10'4") - Coving to ceiling, TV point, radiator, carpet flooring, double glazed window to the front & door to inner hall.
Inner Hall - Doors off: Shower Room - 1.88m x 1.52m (6'2" x 5'0") - Walk in cubicle with shower, low flush WC, wash hand basin, storage cupboard, radiator, part tiled walls & tiled floor, frosted double glazed window side.
Bedroom One - 4.01m x 2.67m (13'2" x 8'9") - Carpet flooring, radiator & double glazed window to rear.
Bedroom Two - 2.84m x 2.11m (9'4" x 6'11") - Vinyl flooring, radiator & double glazed door with side panel to rear garden, could also be used as additional reception room.
Outside - Front Garden - Driveway leading to garage, lawn with stocked borders. Detached Garage - 5.38m x 2.54m (17'8" x 8'4") - Up & over door, light & power, personnel side door.
Rear Garden - Lawn with stocked borders, paved area, lighting, fence boundary & side 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 Summerfields Way, Ilkeston
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