1-bedroom flat · DE7 8AL
Listing removedListed 66 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***zero deposit available *** available early September ** fully refurbished throughout *** This beautifully renovated One-bedroom maisonette is ideally located on Providence Place, Ilkeston, just moments from the town centre.
Recently refurbished throughout, the property will also benefit from brand-new windows and flooring, creating a modern and comfortable home in an excellent location.
The accommodation offers a bright and spacious living area, a contemporary fitted kitchen, A generously sized bedroom, and a stylish modern Showerroom.
Finished to a high standard, this home is perfect for professionals or small families looking for a fresh, move-in-ready property close to local amenities.
Key Features: Zero deposit option available Newly renovated throughout New Kitchen Spacious Layout Modern kitchen and bathroom Prime location near Ilkeston town centre Close to shops, amenities, and transport links Early viewing is highly recommended to fully appreciate the quality, space, and location this property Living Room Bedroom Kitchen Hallway Shower Room Viewings Please contact the office to make an appointment to view.
We often, in times of high demand, offer block viewings and therefore you will have an allocated time of between 10 and 15 minutes within the block time.
In these cases we respectfully ask people to be prompt so as not to miss their time slot and let the office know if they will be delayed.
Deposits The successful applicant will be required to pay a holding deposit equivalent to 1 weeks rent before referencing.
Prior to move in, we will require a deposit equivalent to 5 weeks rent along with the first months rent. Any holding deposit will be deducted from these amounts.
Agent Disclaimer Disclaimer - Council Tax Band Rating - Gedling Council – Tax Band A This information was obtained through the directgov website.
Johnsons and Partners offer no guarantee as to the accuracy of this information, we advise you to make further checks to confirm you are satisfied before entering into any agreement to purchase.
The vendor has advised the following: Agents Disclaimer: Johnsons and Partners, their clients and employees 1: Are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise.
They assume no responsibility for any statement that may be made in these particulars.
These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2: Any areas, measurements or distances are approximate.
The text, photographs and plans are for guidance only and are not necessarily comprehensive.
It should not be assumed that the property has all necessary planning, building regulation or other consents and Johnsons and Partners have not tested any services, equipment or facilities.
Purchasers must make further investigations and inspections before entering into any agreement.
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About The Wheelhouse, 1, Providence Place, Ilkeston
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