Bath Street, Ilkeston

East Midlands

£90,000Guide Price

Listed on 07/07/2026

Property details

Bedrooms

Type

Mixed Use

Description

This multi-story mixed-use freehold building presents a unique renovation opportunity in the heart of Ilkeston's town center. Comprising a ground floor retail unit alongside a self-contained two-bedroom apartment above, the property offers approximately 180sqm of internal space ripe for transformation. The retail space, measuring around 73sqm, needs a comprehensive overhaul to maximize its potential, while the two-bedroom flat is in relatively good condition, having been recently occupied and featuring gas central heating. Given its prime location with strong transport links and community amenities, this property is well-positioned for long-term buy-to-let success. With vacant possession available upon sale, you have the flexibility to create distinct living and commercial spaces that could yield significant returns on 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

£30,000 - £50,000

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

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

Bath Street, Ilkeston

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Mortgage calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

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.