1-bedroom house · DE7 5NS
To rentReduced £25 (−3.6%) on 13 OctListed 71 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Benwell Daykin are delighted to bring to the market this completely renovated and refurbished, six bedroom HMO property.
This property is the epitome of luxury and has been completed with no expense spared! The property is offered inclusive of bills such as water, gas, electric, council tax and broadband.
Price is per room! Room 1 available! Please look at the floor plan.
Benwell Daykin are delighted to bring to the market this hugely impressive, six bedroom HMO property in the heart of Ilkeston, which has been extensively refurbished and renovated from inside to out and from top to bottom!
The property is offered furnished and inclusive of bills.
No expense has been spared when it comes to offering the highest level of accommodation for post graduate students and the working professional looking for something special.
This property truly has the wow factor from the moment you walk in the door through it's stylish décor and modern design. To the ground floor you will find the open plan kitchen and lounge area.
The kitchen is fitted with a host of integrated appliances including a fridge freezer, two oven and hobs and a dishwasher.
There is also a large double bedroom, fitted with a double bed, ample storage for all your personal belongings, and benefitting from a kitchenette.
There is also a larger than average shower room with a modern three piece suite installed to provide a luxurious bathing experience. There is a utility room that houses a washing machine.
The first floor of the property houses three further double bedrooms, all furnished to an unmatched level and benefitting from kitchenettes and ensuite shower rooms.
Two additional bedrooms are located on the second floor of the property again with their own kitchenette and ensuite.
Features of this property include: State of the art heating system, up to date with all safety certificates and legislation, two ovens and an amazing kitchen boasting various white goods, There is High speed broadband included, TV's in the bedrooms.
The property is ideally located and is a comfortable walk to plenty of local amenities and transport links to both Nottingham City Centre, Derby and the motorway.
Viewing is highly recommended to appreciate the accommodation on offer.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Room 1, 92, Park Drive, Ilkeston
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