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High Lane East, West Hallam, Ilkeston, DE7 6HW

East Midlands

£750,000

Listed on 16/06/2026

Property Details

Bedrooms
3
Type
Farm House

Description

Situated on a sprawling 17-acre site, this property features a farmhouse alongside various outbuildings including a dairy and workshop. Having previously served as a residential space, it offers significant renovation potential for those looking to invest or possibly convert it for commercial use. The farmhouse retains charming attributes such as exposed timber beams and a log-burning stove in the fireplace, which can be enhanced through refurbishment. While the main dwelling requires updates to maximize its appeal, it stands as an excellent candidate for modernization. The grounds include multiple functional buildings like a brick tractor store and modern hay barn, alongside original structures needing care. With panoramic views of the landscape, the site also holds promise for self-build projects. Current services comprise three-phase electricity, central heating from an oil tank, and a septic system; most windows are already fitted with UPVC double glazing. Internally, the home boasts three spacious bedrooms and a contemporary shower room on the first floor, providing a solid foundation for transformation.

Investment Analysis

(DE7 area)
Area Average
£234/sq ft
Avg Rent (weekly)
£192
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
50
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (DE7)

Area prices are stable by +0.2% over the last 12 months
3 year growth: +3.4%
5 year growth: +18.3%
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

High Lane East, West Hallam, Ilkeston, DE7 6HW
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,833
Based on a loan of £562,500 over 30 years at 4.45% 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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