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113 Bath Street, Ilkeston DE7 8AP

East Midlands

£90,000

Listed on 30/06/2026

Property details

Bedrooms
2
Type
Mixed Use

Description

This three-storey mixed-use freehold property presents a valuable opportunity for refurbishment and investment. The ground floor features a self-contained retail unit that spans approximately 73sqm, complete with a front retail area, back room, kitchen, and WC, along with a cellar that enhances its functionality. This space requires significant modernisation to reach its full potential. Above the retail unit lies a spacious two-bedroom apartment of around 107sqm, which is currently in better condition since it was recently occupied. Accessible via a shared gated passageway, this apartment includes a living room, dining kitchen, and bathroom on the first floor, while the second floor hosts two generously sized double bedrooms. Located centrally on Bath Street in Ilkeston—a market town with robust transport links and local amenities—this property is strategically placed to attract long-term tenants or business operators. Given the surrounding community's growth potential and the mix of residential and commercial spaces available here, this property offers excellent prospects for renovation into an attractive buy-to-let investment.

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Investment analysis

(DE7 area)
Area Average
£232/sq ft
Avg Rent (weekly)
£193
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
10%
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: +16.8%
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

113 Bath Street, Ilkeston DE7 8AP
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Mortgage calculator

£
£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£340
Based on a loan of £67,500 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

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

Next Steps

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