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Flamstead Road, ILKESTON

East Midlands

£94,500
Listed on 29/01/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
820 sqft

Description

This mid-terrace property presents a great opportunity for renovation enthusiasts or investors seeking to unlock potential in a well-located home. Boasting two spacious double bedrooms and two reception rooms, it features a traditional layout that includes a lounge, dining area, and a kitchen leading to a utility room, making it suitable for modern living after some updates. The first floor accommodates the bedrooms and a family bathroom, while outside, there's a small private yard perfect for outdoor space. With on-street non-permit parking available at the front, this home is conveniently close to the town centre and Ilkeston main line station, enhancing its appeal for future tenants or buyers. Given its current condition and location, this property is primed for transformation into a lovely residence with thoughtful refurbishments. A sensible investment awaits those ready to add their personal touch.

Investment Analysis

(DE7 area)

Below Market Value

This property is priced -49.8% below area average per sq ft

-49.8%
Potential saving
This Property
£115/sq ft
Area Average
£230/sq ft
Avg Rent (weekly)
£190
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£207,235
10% above area average per sq ft
Potential ROI
+73.4%
After renovation
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

Flamstead Road, ILKESTON
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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
£341
Based on a loan of £70,875 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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