2-bedroom semi-detached house · DE7 8NU
For saleListed 2 days
Opportunity summary
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About
Auction Commencing on Monday 09th November at 1pm and ending 24 hours later on Tuesday 10th November from 11am with Auction House Notts and Derby.
Please register to bid via our website - auctionhouse.co.uk/nottsandderby A two-bedroom freehold property requiring refurbishment throughout, offering excellent investment potential and conveniently located within easy reach of Ilkeston town centre.
Open House Viewings (no need to book) Friday 30th October from 12pm until 12:30pn Friday 06th November from 12pm until 12:30pm Monday 09th November from 12pm until 12:30pm An excellent opportunity for investors, developers and buyers seeking a renovation project.
This two-bedroom property is situated in an established residential area of Ilkeston and offers fantastic potential for improvement and value enhancement.
Requiring refurbishment throughout, the accommodation extends to approximately 651 sq. ft. (60.5 sq.
m.) and briefly comprises an entrance hallway, lounge with fireplace, spacious kitchen with room for dining and a ground-floor bathroom. To the first floor are two well-proportioned double bedrooms.
Externally, the property benefits from a walled front garden with gated access.
Ideally positioned within easy reach of Ilkeston town centre, the property enjoys convenient access to a range of local shops, supermarkets, schools and everyday amenities.
Excellent transport connections provide access to Derby, Nottingham and the wider East Midlands, with Ilkeston railway station offering regular services towards Nottingham and Sheffield.
Offering considerable scope for modernisation, this property presents an attractive opportunity for investors looking to refurbish for resale or add to their rental portfolio, as well as owner-occupiers seeking a project.
Tenure: Freehold EPC Rating: D Administration Fee: £3600 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
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 30 Milton Road, Ilkeston, Derbyshire DE7 8NU
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