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Heanor Road, Ilkeston, Derbyshire, DE7 - Image 1
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Heanor Road, Ilkeston, Derbyshire, DE7

East Midlands

£125,000
Listed on 08/05/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
785 sqft

Description

Presenting a two-bedroom semi-detached property in Ilkeston, this residence offers significant renovation potential for those looking to create a bespoke living space. The layout comprises a reception room with an inviting fireplace, a functional ground floor shower room, two double bedrooms, and a kitchen—providing the groundwork for modern reconfiguration or enhancement as preferred. The generous outdoor area features an expansive driveway suitable for multiple vehicles, complemented by a single garage and additional outbuildings that present opportunities for storage or workshop usage. This property is ideally situated near local amenities, including shops and schools, while being within reach of scenic walking paths and parks. Commuters will appreciate the proximity to Ilkeston railway station with swift access to Nottingham and Sheffield. For families, the surrounding area includes various educational options and recreational facilities. With its ample parking provisions and development possibilities, this home stands as an appealing investment opportunity for those willing to embark on renovations in a desirable location.

Investment Analysis

(DE7 area)

Below Market Value

This property is priced -32.1% below area average per sq ft

-32.1%
Potential saving
This Property
£159/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
£202,577
10% above area average per sq ft
Potential ROI
+22.8%
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

Heanor Road, Ilkeston, Derbyshire, DE7
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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
£446
Based on a loan of £93,750 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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