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Edale Square, Ilkeston

East Midlands

£115,000Guide Price

Listed on 13/10/2026

The listing

Property details

Bedrooms
3
Type
Semi Detached
Area
908 sqft

Description

This semi-detached family home presents an excellent opportunity for those looking to invest or make their first purchase. Located conveniently close to transport links and the town center, this property features three spacious bedrooms and two reception rooms, providing ample living space for families. The ground floor comprises a living room, dining room, kitchen, and a conservatory that leads to a private enclosed garden at the rear. The first floor hosts the three bedrooms and a family bathroom. While the home is in need of modernisation, it offers bright and airy living spaces that can be transformed into a comfortable family residence. The property also benefits from on-street parking at the front. With its potential for renovation, this could be a fantastic long-term investment. Offered at auction, interested buyers are encouraged to view and explore the possibilities this home has to offer.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

72out of 100
Grade BGood opportunity

Confidence: MEDIUM

This semi-detached family home offers a compelling opportunity for those looking to acquire and renovate a property in a great location near transport links and the town center. Priced at £115,000, the asking figure is significantly below the local average at £127/sqf versus £232/sqf, making it an attractive prospect for potential buyers looking to add value through refurbishment.

While the interiors are dated and require significant refurbishment, including the living room, kitchen, and bathroom, the spacious layout and private enclosed garden present a solid canvas for improvement. There may be potential structural concerns to keep in mind, but with a renovation budget estimated between £40,000 and £80,000, this property could transform into a lovely family home or a long-term investment, offering a good margin against local property values once completed.

Key opportunities

  • Spacious living areas with potential for modernisation
  • Private enclosed garden, ideal for landscaping and improvement
  • Good location near transport links and town center

Key risks

  • Potential structural concerns that may require attention

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Map

Location

Edale Square, Ilkeston
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£434
Based on a loan of £86,250 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.

Tax

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Indicative tax based on the asking price and the options you select.

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