2-bedroom semi-detached house · DE7 4NW
Listing removedListed 308 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious two-bedroom home situated in a highly regarded residential area in Kirk Hallam.
While requiring some refurbishment, it offers great potential, including a large lounge with a conservatory, fitted kitchen, two double bedrooms, and a shower room.
Outside features gravel gardens with shrubs and a useful outbuilding. Access is via steps from the road. Ideal for buyers seeking a project in a peaceful location.
Ilkeston is a highly desirable market town located strategically between Nottingham and Derby, within the borough of Erewash.
The town boasts a variety of amenities and has its own railway station, making it an excellent choice for commuters.
With quick access to both junction 25 and 26 of the M1 motorway, and Nottingham city centre and the Queen's Medical Centre both just 20 minutes away.
Offered to the market with no upward chain, book your viewing before you miss out.
Entrance Hall - Double glazed front door opens to entrance hall, stairs to the first floor, doors leading to kitchen and lounge, radiator.
Kitchen - 3.56m x 2.90m (11'8" x 9'6") - Fitted with a range of base cupboards, drawers, matching wall units, laminated work surfaces, glass display cabinets, breakfast bar, wall mounted Ideal boiler, integrated oven & grill, gas hob with extractor over, double glazed front window, space for washing machine.
Lounge - 5.54m x 3.38m (18'2" x 11'1") - Double glazed window to the side elevation, ceiling fan, under stairs cupboard with shelving & housing electric meter & consumer unit, (Glow worm wall mounted gas fire (unsure if in working order) two radiators, carpet & double glazed patio doors into conservatory.
Conservatory - 3.15m x 2.95m (10'4" x 9'8") - French doors opening to the rear garden, Poly carbonate roofing, double glazed side windows, ceiling fan, carpeted flooring.
First Floor Landing - Double glazed window to the side elevation, loft hatch, airing cupboard housing hot water tank, doors off & carpet.
Bedroom One - 4.52m 3.38m (14'10" 11'1") - L -shaped room with double glazed window to the rear elevation, over stairs storage cupboard, radiator & carpet.
Bedroom Two - 3.53m x 2.92m (11'7" x 9'7") - Double glazed window to the front elevation, radiator & carpet.
Shower Room - Frosted double glazed window to the front elevation, walk in shower cubicle, low flush WC, wash hand basin, part tiled walls, radiator & non slip flooring.
Outside - Frontage - The front of the property has a gravel frontage with trees & shrubs, a pathway leads to the front door. Please note that the property is approach via steps from the access road.
Rear & Side Garden - The rear and side gardens are predominantly landscaped with gravel and are complemented by a selection of trees, plants, and bushes, creating a charming and low-maintenance outdoor area.
Outbuilding - 3.12m x 1.57m (10'3" x 5'2") - Double glazed door, power points & workbench
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 Queen Elizabeth Way, Ilkeston
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