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Queen Elizabeth Way, Ilkeston

East Midlands

£125,000
Listed on 06/03/2026

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This generously sized two-bedroom property resides in a well-regarded neighborhood of Kirk Hallam, presenting an ideal opportunity for those interested in a renovation project. The home features a spacious lounge that connects to a conservatory, a fitted kitchen, and two ample double bedrooms, all complemented by a functional shower room. Outside, the low-maintenance gravel gardens are adorned with various shrubs and include an outbuilding that offers additional utility. Access to the property is via steps from the road, which adds to its character. Located in the sought-after market town of Ilkeston, which benefits from excellent transport links between Nottingham and Derby as well as local amenities and a railway station, this property captures the essence of suburban living with investment potential. Perfect for buyers looking to personalize their space or capitalize on its rental value in this tranquil setting.

Investment Analysis

(DE7 area)
Area Average
£230/sq ft
Avg Rent (weekly)
£195
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
56
Average per month
Market Turnover
55%
Properties sold annually

Local Market Trend (DE7)

Area prices are rising by +4.1% over the last 12 months
3 year growth: +3.3%
5 year growth: +23.4%
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

Queen Elizabeth Way, Ilkeston
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£451
Based on a loan of £93,750 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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