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Eyres Gardens, ILKESTON

East Midlands

£190,000
Listed on 09/04/2026

Property Details

Bedrooms
5
Type
End Of Terrace

Description

This expansive five-bedroom end-terrace property offers over 2,700 square feet of potential for those looking to invest or create their dream home. Situated in a desirable East Midlands location and sold with no onward chain, this residence features multiple reception areas that provide ample space for flexible living arrangements. The ground floor includes a generous lounge/dining area, a separate reception room, and a kitchen leading to the rear, all presenting opportunities for updates and customization. Additionally, it boasts a ground floor shower room and WC, along with internal access to a significant workshop and garage—ideal for buyers needing extra workspace or considering home business options. Upstairs, you will find five sizeable bedrooms, including a master suite with en-suite facilities. While the existing family bathroom and an additional WC require modernization, the layout is ripe for reconfiguration to suit modern family needs or multi-generational living. The exterior features an enclosed rear garden that allows for landscaping enhancements or further development. While the property does require substantial refurbishment throughout, it presents a unique opportunity to realize significant value through strategic renovation.

Investment Analysis

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

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
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

Eyres Gardens, 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
£673
Based on a loan of £142,500 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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