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Elizabeth Park, Ironville

East Midlands

£122,000
Listed on 23/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
896 sqft

Description

Presenting an end terrace house situated on a corner plot, this three-bedroom property offers significant potential for renovation and investment. The layout includes an entrance hallway leading to a spacious living room and an open-plan kitchen/diner equipped with base units, ample workspace, and access to the garden through French doors. A downstairs WC adds convenience on the ground floor. Upstairs, there are three well-proportioned bedrooms and a three-piece bathroom suite. The property benefits from front and rear gardens, with the rear garden featuring side access that may allow for off-road parking (subject to planning permission). While the home requires updating throughout, its generous space and location in the East Midlands present a promising opportunity for those looking to create value through refurbishment.

Investment Analysis

(NG16 area)

Below Market Value

This property is priced -42.5% below area average per sq ft

-42.5%
Potential saving
This Property
£136/sq ft
Area Average
£237/sq ft
Avg Rent (weekly)
£208
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£233,439
10% above area average per sq ft
Potential ROI
+44.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
61
Average per month
Market Turnover
56%
Properties sold annually

Local Market Trend (NG16)

Area prices are stable by +1.1% over the last 12 months
3 year growth: +4.6%
5 year growth: +25.2%
Investment Disclaimer: Analysis based on NG16 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

Elizabeth Park, Ironville
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£440
Based on a loan of £91,500 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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