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Thistle Road, Ilkeston, Derbyshire, DE7

East Midlands

£130,000

Listed on 15/07/2026

Property details

Bedrooms
2
Type
Semi Detached
Area
637 sqft

Description

This two-bedroom semi-detached property in Ilkeston presents a prime opportunity for those looking to invest in a renovation project. With significant potential to enhance its charm and value, the property features a spacious reception room, ideal for both relaxing and entertaining, and a well-lit kitchen. The upper floor houses two generously sized double bedrooms that can accommodate various lifestyle needs. Outside, off-road parking adds convenience. Located close to the town centre, residents will enjoy easy access to amenities including supermarkets and parks such as Victoria Park and Rutland Recreation Ground. Excellent transport links are also available for commuters heading to Nottingham and Sheffield, making this location appealing for both families and investors alike. This property is perfect for first-time buyers or seasoned renovators eager to add their personal touch. Viewing is encouraged to fully appreciate the home's potential.

Investment analysis

(DE7 area)

Below Market Value

This property is priced -12.2% below area average per sq ft

-12.2%
Potential saving
This Property
£204/sq ft
Area Average
£232/sq ft
Avg Rent (weekly)
£193
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£162,878
10% above area average per sq ft
Potential ROI
+1.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Thistle Road, Ilkeston, Derbyshire, DE7
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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
£491
Based on a loan of £97,500 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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