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Nottingham Road, Ilkeston

East Midlands

£110,000
Listed on 07/05/2026

Property Details

Bedrooms
2
Type
Terraced
Area
1075 sqft

Description

This mid-terrace residence presents a promising opportunity for investors or homebuyers looking to add value through renovation. Featuring two spacious double bedrooms and a versatile loft room, the property is situated near the town centre, making it convenient for commuting and local amenities. The layout includes a living room and dining area, each with original floorboards and charming fireplaces that hint at the home's character. The kitchen offers potential for modernisation with basic fittings in place, along with access to a cellar for additional storage. Upstairs, you will find the bedrooms and a well-positioned family bathroom. The private garden at the rear features a patio and lawn area, perfect for outdoor improvements or landscaping. With on-street parking available at the front, this property is ready for someone to transform it into their ideal home or rental investment.

Investment Analysis

(DE7 area)

Below Market Value

This property is priced -56.4% below area average per sq ft

-56.4%
Potential saving
This Property
£102/sq ft
Area Average
£235/sq ft
Avg Rent (weekly)
£193
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£277,415
10% above area average per sq ft
Potential ROI
+84.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
54
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (DE7)

Area prices are stable by -0.8% over the last 12 months
3 year growth: +2.4%
5 year growth: +18.7%
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

Nottingham Road, Ilkeston
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£392
Based on a loan of £82,500 over 30 years at 3.97% 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

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