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Heanor Road, Ilkeston, Derbyshire, DE7 8TG - Image 1
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Heanor Road, Ilkeston, Derbyshire, DE7 8TG

East Midlands

£140,000
Listed on 29/12/2025

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This two-bedroom semi-detached house, discreetly positioned away from the road, presents a compelling opportunity for refurbishment. The property is equipped with double glazing and gas central heating, featuring a porch/conservatory that welcomes you into the spacious lounge and kitchen/diner on the ground floor. Additionally, there is a utility room and a shower room conveniently located on this level. Upstairs, you will find two well-proportioned double bedrooms. Externally, the property boasts a generous front garden primarily laid to lawn and includes double gated access leading to an expansive driveway alongside two garages fitted with power and lighting. This residence is ideal for investors or first-time buyers looking to undertake a renovation project that can be further enhanced through extensions or reconfiguration of the existing layout. Viewing is highly encouraged to appreciate its full potential.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
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, Derbyshire, DE7 8TG
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£513
Based on a loan of £105,000 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