2 bed flat for sale Nottingham Road, Ilkeston, Derbyshire, DE7

2 beds 2 baths Mid Terrace Flat

Freehold

Added on 16/09/2026

About this property

For sale: a commercial flat with two double bedrooms in the heart of Ilkeston, Derbyshire, offering plenty of scope for renovation and future value. With three reception rooms in total , two bathrooms including a ground floor WC and a tiled area ready for a shower. The self contained flat can be accessed via a side passageway and wrought iron staircase.

Key features

Central Ilkeston town centre location
Excellent rail links to Nottingham
Ideal for investors or landlords
Potential rent of £20,000 PA
Two double bedrooms commercial flat
CASH BUYERS ONLY
Two bathrooms including ground floor WC
Close to shops, cafés and amenities
Near parks and Erewash Canal towpath
Potential student or university accommodation

Floorplan

Location

Nottingham Road, Ilkeston, Derbyshire, DE7

Open map Street View

Council tax band: Ask agent

Mortgage and stamp duty

Property price £115,000

£57k £173k

Deposit10% £12,000

£0 £115k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £103,000 mortgage. Most lenders would want a household income of about £23,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.