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Flamstead Road, Ilkeston

East Midlands

£100,000
Listed on 04/04/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This mid-terrace property presents a promising opportunity for renovation and investment. It features two spacious double bedrooms and two reception rooms, along with a utility room, all within close proximity to the town centre and Ilkeston mainline station. The layout consists of a living room and dining area on the ground floor, complemented by a kitchen that leads to the utility space. The first floor hosts both bedrooms and a family bathroom. While the home requires some updating, it offers potential for creating a modern living space tailored to your taste. The small rear yard provides an outdoor area, and there is ample on-street parking available at the front. This is a compelling project for those looking to add value through refurbishment in a desirable location.

Investment Analysis

(DE7 area)
Area Average
£233/sq ft
Avg Rent (weekly)
£191
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
57
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (DE7)

Area prices are stable by +1.4% over the last 12 months
3 year growth: +2.4%
5 year growth: +20.6%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£354
Based on a loan of £75,000 over 30 years at 3.91% 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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