3-bedroom semi-detached house · DE7 5JN
Listing removedReduced £15 (−1.9%) on 29 JunListed 130 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern style property with 3 bedrooms and driveway. Tastefully re-decorated throughout.
Modern kitchen and bathroom, 2 double bedrooms and 1 single bedroom, spacious lounge and rear enclosed garden with wrought iron gates on driveway. UPVC windows & doors & gas central heating.
Available for a long term let. Property is close to Ilkeston town Centre, local amentities and Ilkeston Train Station. Good access links to A610, M1 and Nottingham and Derby areas.
Entrance Hallway Leading from front door, room to hang your coats!
Lounge Good sized lounge with NEW carpet and neutral decor, bay window to front of property Kitchen Diner Modern design kitchen, grey units, stainless steel sink and chrome tap, grey laminate worktops, NEW grey vinyl flooring.
Space for your washing machine, fridge/freezer & small dining table & chairs. Patio doors leading out onto rear garden.
Stairs & Landing Stairs leading from hallway to first floor landing Bedroom 1 Double bedroom, NEW carpet Bedroom 2 Small double, NEW carpet Bedroom 3 Single bedroom, NEW carpet Bathroom Rear Garden Patio doors from kitchen opening onto paved patio area, lawn and shrubbery and wooden shed Front and side of property Front block paved area, driveway to the side with gates, parking for several cars
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 Lower Chapel Street, Ilkeston, Derbyshire, DE7
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