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Heanor Road, Ilkeston

East Midlands

£140,000
Listed on 10/11/2025

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This two-bedroom semi-detached house offers a promising opportunity for those interested in renovation and investment. Set back from the road, the property features double glazing and gas central heating, providing a solid foundation for modern updates. The layout includes a porch/conservatory at the front, leading into a spacious lounge that opens directly into the kitchen/diner. The kitchen is equipped with essential features such as base and wall units, a one-and-a-half bowl sink, and ample space for dining. Adjacent to this area is a utility room offering additional storage and plumbing facilities. A ground-floor shower room adds convenience, while the open-plan staircase leads to two generously sized double bedrooms on the first floor. Externally, the property is accentuated by a large front garden primarily laid to lawn, complemented by double gates providing access to a substantial driveway that can accommodate multiple vehicles. Notably, there are two garages on-site, both equipped with power and lighting, enhancing the functionality of the outdoor space. This property presents an excellent canvas for investors or buyers seeking a project. With potential for refurbishment or even reconfiguration of existing spaces, there's significant scope for increasing value through planned improvements. Additionally, opportunities for extensions could further enhance living space and overall appeal. Viewing is highly recommended to fully appreciate the potential this home offers in terms of both living space and investment opportunities.

Investment Analysis

(DE7 area)
Area Average
£232/sq ft
Avg Rent (weekly)
£187
Avg Yield
4.3%

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
44
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (DE7)

Area prices are rising by +3.4% over the last 12 months
3 year growth: 2.3%
5 year growth: 25.7%
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.

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Location

Heanor Road, Ilkeston
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