1-bedroom flat · DE7 5QE
For saleListed 5 daysAuction 10 Dec · in 50 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An opportunity to acquire a one bedroom apartment situated in the heart of Ilkeston town centre For Sale by Public Auction on 10/12/2026 at Nottingham Racecourse, Colwick Park, Nottingham NG2 4BE £32,000+ Long Leasehold one-bedroom apartment Situated in the heart of Ilkeston town centre Located opposite Ilkeston Market Place Walking distance to a wide variety of town amenities 0.8 miles from Ilkeston Train Station Adjacent to bus stop going to surrounding areas Good road connectivity, within easy reach of J26 of M1 Comprising living room/kitchen/diner, bedroom & family bathroom Extending to circa 575 sq ft Benefits from a secure gated car parking space allocation Ideal for owner-occupiers & investors Viewings Contact Auction Estates on For further information please contact Auction Estates on
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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 Flat 15, 18 South Street, Ilkeston, Derbyshire, DE7 5QE
Explore nearby
