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Land Off Ladywood Road, Kirk Hallam, Ilkeston - Image 1
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Land Off Ladywood Road, Kirk Hallam, Ilkeston - Image 3
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Land Off Ladywood Road, Kirk Hallam, Ilkeston - Image 8
Land Off Ladywood Road, Kirk Hallam, Ilkeston - Image 9
Land Off Ladywood Road, Kirk Hallam, Ilkeston - Image 10
Land Off Ladywood Road, Kirk Hallam, Ilkeston - Image 11

Land Off Ladywood Road, Kirk Hallam, Ilkeston

East Midlands

£80,000
Listed on 15/01/2026

Property Details

Bedrooms
3
Type
Detached house

Description

This unique opportunity consists of three development plots situated in a well-established residential area of Ilkeston, Derbyshire. With approved planning permission for the construction of four-bedroom detached homes, these plots present an excellent investment prospect for builders and developers looking to capitalize on the region's growing housing demand. The vendor has already undertaken significant preparatory work, including completed building regulations drawings and cleared conditions, allowing for immediate commencement of construction. Each plot comes with the added advantage of a pre-installed driveway for one of the properties by the vendor, streamlining the development process. Nestled between Nottingham and Derby, Ilkeston benefits from diverse local amenities, vibrant market days, and ample green spaces nearby such as Victoria Park and Shipley Country Park. This site is primed for development with minimal upfront risks for potential buyers. Interested parties are encouraged to conduct due diligence to fully appreciate this promising venture.

Investment Analysis

(DE7 area)
Area Average
£230/sq ft
Avg Rent (weekly)
£186
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£200,000 - £300,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
55
Average per month
Market Turnover
42%
Properties sold annually

Local Market Trend (DE7)

Area prices are rising by +3.9% over the last 12 months
3 year growth: 2.8%
5 year growth: 22.8%
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

Land Off Ladywood Road, Kirk Hallam, 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
£293
Based on a loan of £60,000 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.

Next Steps

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