1-bedroom flat · DE7 5QE
No longer listedListed 39 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
South Side development is conveniently situated in the heart of Ilkeston town centre, directly opposite the Town Hall on the junction of South Street, Wharncliffe Road and Market Place.
The Apartment is offered furnished with integrated washing machine/tumble drier and a fridge freezer. The apartment is also carpeted throughout .
The accommodation comprises open plan kitchen and living area with modern high gloss units, Integrated washing machine and fridge freezer. One double bedroom and family bathroom.
Electric energy efficient Heaters. This apartment would suit a professional or a couple. The Southside development does have a secure car park and secure entrances to the building .
Excellent public transport links to Derby and Nottingham with bus stops located right outside the development. EPC rating: D.
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
FAQ
About Flat 2, 18 South Street, Ilkeston, DE7
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