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Heanor Road, Ilkeston, Derbyshire, DE7 8TG

East Midlands

£125,000
Listed on 10/11/2025

Property Details

Bedrooms
2
Type
Semi Detached

Description

This two-bedroom semi-detached house, set back from the road, presents a solid opportunity for those looking to invest in a refurbishment project. While the property is functional, it requires modernization and personal touches to unlock its full potential. The accommodation features double glazing and gas central heating, with a welcoming porch/conservatory leading into a spacious lounge and kitchen/diner on the ground floor. Additionally, there is a utility room and a shower room that could benefit from updates. Upstairs, you'll find two ample double bedrooms ready for redecoration. The large front garden is predominantly laid to lawn and offers potential for landscaping or extension; meanwhile, the driveway leads to two garages equipped with power and lighting—ideal for additional storage or workspace. This property is particularly suited for investors or first-time buyers eager to add value through renovations or expansions. Viewing is encouraged to appreciate the possibilities.

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 - £40,000
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, Derbyshire, DE7 8TG
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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%)
17/04/2026
Current price
£135,000£5,000(-3.6%)
10/03/2026
£140,000Initial listing
28/12/2025

Next Steps

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