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St. Wilfrids Road, West Hallam

East Midlands

£85,000
Listed on 10/04/2026

Property Details

Bedrooms
3
Type
Plot

Description

This is a unique opportunity to acquire a building plot in West Hallam, which comes with granted planning consent for a three-bedroom detached bungalow. The plot is ideally situated close to the picturesque countryside while being conveniently located for local amenities and transport links to Derby and Nottingham as well as easy access to the M1 motorway. This property is particularly appealing for developers and self-builders who wish to design a tailored home that meets their specifications. With the planning permission already in place (ref: ERE/0724/0038), all necessary documents and drawings are readily available for your review, making this an attractive investment within a desirable residential setting. The plot's location offers both privacy and community, being just a mile from Ilkeston town centre, schools of all levels nearby, and immediate access to natural reserves. Take advantage of this rare chance to build in a sought-after area that promises strong demand for housing.

Investment Analysis

(DE7 area)
Area Average
£233/sq ft
Avg Rent (weekly)
£191
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
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

St. Wilfrids Road, West Hallam
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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
£301
Based on a loan of £63,750 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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