2-bedroom terraced house · DE7 8WY
For saleReduced £10k (−6.7%) on 27 SepListed 34 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary *** ideal first time buy *** ** Off road parking for two vehicles ** Entrance hallway ** Secure rear garden ** Close to open spaces ** description This well positioned mid-terrace property is in the sought after village of Ilkeston.
Ryefield avenue is in close proximity to a wide variety of local amenities, such as; countryside walks, open green spaces, shops, schools, bus routes and easy commute into town whilst also being close to major road links.
In brief the property comprises of an entrance hallway, Kitchen and lounge. To the first floor their is two well sized bedrooms and a shower suite.
Outside to the front there is fenced boundaries and off street parking.
To the rear their is an enclosed garden with rear gate leading to open green spaces and a short walk away from the well known Bennerley viaduct.
This property needs to be viewed to truly appreciate all it has to offer.
Entrance Hallway Accessed through the front porch the entrance hallway benefits from a storage cupboard and allows access to the kitchen and the first floor.
Kitchen The fitted kitchen comprises of a variety of matching wall and base units with counter tops over, integrated fridge freezer, plumbing for washing machine, integrated oven and hob with extractor over, sink and drainer unit and door to the lounge Lounge The open lounge is accessed from the kitchen and has an opening to the dining area with sliding doors into the rear garden.
Dining Area accessed from the lounge with a UPVC double glazed window to the rear elevation allowing lots of natural lighting.
First Floor Landing allowing access to; Bedroom One This double bedroom is situated to the rear elevation with carpet flooring, radiator and window to the rear elevation.
Bedroom Two This double bedroom is situated to the front elevation with carpet flooring, radiator and window to the front elevation.
Shower Suite The three piece shower suite comprises of a shower cubicle with glass door, low level W/C and sink and drainer unit with a frosted window to the front elevation.
Outside Front The property sits proudly behind the driveway to the front allowing parking for two small cars and also fenced front for the extra given security.
Agent Note Please note that the aml fee covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Value & comps
No previous sales on record.
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 asking
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 9, Ryefield Avenue, ILKESTON
Explore nearby