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Heanor Road, Ilkeston

East Midlands

£150,000
Listed on 18/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached home is located on the desirable Heanor Road in Ilkeston, presenting a unique opportunity for buyers with an eye for renovation and investment potential. With its traditional layout and spacious rooms, this property is well-suited for those looking to create a modern family residence. The ground floor comprises two sizable reception areas that can easily be adapted to suit various lifestyles, complemented by a functional kitchen that offers ample scope for updating. Upstairs, you’ll find three generously sized double bedrooms, including a master with an en-suite bathroom. A separate family bathroom adds to the practicality of the living space. While the interior is in need of modernization, this presents an excellent chance to personalize the home and enhance its value through renovations. The existing layout is already conducive to contemporary living, and with thoughtful updates, it could become a standout property in this sought-after area. Externally, the house features a private garden, adding outdoor space that can be further developed or landscaped according to your vision. The location benefits from proximity to local amenities, schools, and excellent transport links, making it appealing not just as a family home but also as an investment option for future rental potential or resale opportunities. This property will be sold via traditional auction without any upward chain, making it easier for prospective buyers to proceed efficiently. This listing not only highlights the home’s inherent features but also encourages innovation and creativity in transforming it into a valuable asset.

Investment Analysis

(DE7 area)
Area Average
£230/sq ft
Avg Rent (weekly)
£194
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
54
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (DE7)

Area prices are rising by +4.4% over the last 12 months
3 year growth: 3.1%
5 year growth: 23.5%
Investment Disclaimer: Analysis based on DE7 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Heanor Road, Ilkeston
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£549
Based on a loan of £112,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE