Prince Street, Ilkeston, Derbyshire
East Midlands
£125,000
Listed on 08/10/2026
Listed on 08/10/2026
The listing
Property details
Bedrooms
2Type
TerracedArea
764 sqftDescription
This two-bedroom freehold terraced house is offered with no onward chain and is described as requiring modernisation throughout. Its existing layout provides a starting point for refurbishment, with scope for a buyer to update the accommodation to suit their needs. The listing states that title documents and searches are available upfront on request.
The property is within reach of Ilkeston town centre and its shops, supermarkets, schools and other everyday amenities. Ilkeston railway station is approximately one mile away, and East Midlands Airport is approximately 11.1 miles from the property. The house may suit buyers seeking a renovation project, subject to assessing the work required and any necessary permissions.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
65out of 100
Grade CPotential opportunity
Confidence: MEDIUM
At £125,000, this two-bedroom freehold is priced at £164/sq ft, around 30% below the local average—a strong entry point for a buyer looking to take on a project. The patterned finishes, worn flooring and damaged kitchen wall areas give you scope to reshape the interior to your taste, while the rear garden offers room to clear and improve. It is well placed for Ilkeston town centre and about a mile from the railway station.
The £28,000–£48,000 renovation range points to a substantial programme rather than a light refresh. The existing layout is a practical starting point, but visible staining to flooring in places and cracking or unevenness in the rendered frontage are worth checking as you plan the work. Overall, the low asking price and clear scope make this a potential opportunity, with the project budget and execution central to the result.
Key opportunities
- The practical two-bedroom layout gives a buyer a starting point to update the home's finishes and tailor the space to their own style.
- The kitchen has fitted units in place, offering the choice to assess what can be retained and made good or replaced as part of the renovation.
- Clear the overgrown rear garden and improve its worn paving to make better use of the outdoor space.
Key risks
- The £28,000–£48,000 works range, damaged kitchen wall finishes, worn flooring and dated finishes across several rooms point to a substantial budget and programme, not a cosmetic refresh.
- Visible cracking or unevenness in the rendered frontage should be checked, and the cause of the distinct floor staining is unknown.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£472
Based on a loan of £93,750 over 30 years at 4.45% interest
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