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Heanor Road, Ilkeston

East Midlands

£125,000
Listed on 06/11/2025

Property Details

Bedrooms
2
Type
Semi Detached

Description

This two-bedroom semi-detached house, set back from the road, presents a promising refurbishment opportunity for those looking to invest or create their ideal home. While the property requires significant updating, it features double-glazed windows and gas central heating, already providing a solid foundation. The layout includes a porch/conservatory at the front, leading into a spacious lounge and kitchen/diner with ample storage and utility space. The ground floor also contains a shower room, essential for modern living. Upstairs offers two generously-sized double bedrooms, both with natural light streaming in through multiple windows. Outside, you'll find a substantial front garden predominantly laid to lawn along with a large driveway that accommodates two garages equipped with power and lighting—a rare asset that expands the potential for conversion into versatile spaces or workshops. The expansive garden area is another canvas ready for landscaping or creating outdoor living spaces. The property’s layout allows for future extensions or reconfigurations, making it an attractive project for builders and first-time buyers alike. Given its location in the East Midlands, this property offers considerable investment potential while being easily accessible to local amenities.

Investment Analysis

(DE7 area)
Area Average
£233/sq ft
Avg Rent (weekly)
£191
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
57
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (DE7)

Area prices are stable by +1.4% over the last 12 months
3 year growth: +2.4%
5 year growth: +20.6%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£443
Based on a loan of £93,750 over 30 years at 3.91% 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.

Stamp Duty Calculator

Price History

-10.7% since listed
£125,000£10,000(-7.4%)
07/04/2026
Current price
£135,000£5,000(-3.6%)
10/03/2026
£140,000Initial listing
09/11/2025

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