This property presents a promising investment opportunity in Ilkeston, featuring a mid-terraced building that has been converted into two self-contained one-bedroom flats. The first-floor flat is functional with a well-organized layout, boasting a light-filled reception room, a fitted kitchen, a double bedroom, and a bathroom. In contrast, the ground-floor flat requires refurbishment and offers considerable potential for development to enhance its appeal. Both units have their own entrances, making this property attractive for investors looking to secure rental income while also having the chance to add value through renovations.
Located in a well-connected area of Ilkeston, this property benefits from close proximity to local shops, schools, and essential amenities. Commuters will appreciate excellent transport links including easy access to the A610 and M1 motorway, as well as regular bus services. Additionally, the recently reopened Ilkeston railway station enhances connectivity with direct routes to Nottingham and surrounding regions.
Ilkeston's status as a sought-after market town in Derbyshire is bolstered by rising residential demand due to its competitive pricing compared to nearby cities. Ongoing infrastructure investments in Derbyshire and the East Midlands are likely to support future capital growth and increasing rental demand.
