2-bedroom terraced house · DE7 8QT
Listing removedListed 111 daysAuction 20 Aug · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An opportunity to acquire a freehold two-bedroom mid terraced house located to the north of Ilkeston town centre For Sale by Public Auction on 20/08/2026 at Nottingham Racecourse, Colwick Park, Nottingham NG2 4BE £65,000+ Freehold two-bedroom mid terraced house Located in a well-established residential area Situated to the North of Ilkeston town centre Near a variety of town amenities: pubs, restaurants & shops 10-minute drive to J26 of the M1 & the A610 Good catchment area for both Primary & Secondary Schools Approx.
8 miles from both Nottingham & Derby City Centres A short drive to Ilkeston Train Station GF: Living room, dining room & kitchen FF: 2 x double bedrooms & family bathroom Benefits from a courtyard to the rear Ample on-street parking along Cotmanhay Road In need of modernisation throughout Ideal for investors & owner occupiers Viewings Contact Auction Estates on For further information please contact Auction Estates on
Value & comps
No previous sales on record.
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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
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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 159 Cotmanhay Road, Ilkeston, Derbyshire, DE7 8QT
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