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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 07/02/2026

Property Details

Bedrooms
4
Type
Detached house

Description

This offering comprises three freehold parcels of land located in Ilkeston, Derbyshire, which have already secured planning permission for the construction of four-bedroom detached houses. This presents a compelling opportunity for developers looking to capitalize on the housing demand in this well-connected area situated between Nottingham and Derby. The plots are positioned within a residential neighborhood, benefiting from proximity to local amenities, including shops, cafes, and health services, as well as excellent transport links via both road and rail. The buyer will find that much of the groundwork has been laid: the construction plans have been approved, building regulations drawings are finalized, and conditions have already been satisfied, enabling immediate commencement of building upon purchase. Notably, the vendor will complete the driveway for one of the plots prior to sale. With many initial project risks mitigated and support from a vendor who is present on-site regularly to manage ongoing developments, this sets an advantageous stage for builders seeking to enter or expand their footprint in this market. Interested parties are encouraged to conduct their due diligence and review all legal documents prior to making an offer.

Investment Analysis

(DE7 area)
Area Average
£230/sq ft
Avg Rent (weekly)
£190
Avg Yield
4.3%

Renovation Potential

Light Refurb
Est. Renovation Cost
£150,000 - £250,000
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
50%
Properties sold annually

Local Market Trend (DE7)

Area prices are rising by +4.4% over the last 12 months
3 year growth: +2.7%
5 year growth: +23.6%
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

Land Off Ladywood Road, Kirk Hallam, Ilkeston
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£289
Based on a loan of £60,000 over 30 years at 4.06% 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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