Auction

1/23

Auction

1/23

2 bed house for sale Nottingham Road, Ilkeston, DE7

Guide Price

£135,000

Added on 25/09/2026

For sale by auction

Type: Terraced
Bedrooms: 2
Bathrooms: 1
Size: £103 per sq ft
Tenure: Freehold

Key features

Sale by Modern Auction (T&Cs apply)
Subject to an undisclosed Reserve Price
Buyers fees apply
Semi-commercial shop with self-contained flat above..
Excellent investment with strong yield potential!
Secure gated parking to rear..
Ideal for owner occupier or investor with potential flat rental of £675 PCM and potential shop rental of up to £1000 PCM giving a potential gross yield of 12.7%!
Busy main road location with lots of foot fall..

About this property

A fantastic opportunity to acquire a well-presented semi-commercial property offering both a flexible retail space and a spacious residential element above - viewing is highly advised to take in the space and potential this property has to offer.

Formerly operated as a barbers/hair salon with additional beauty treatment space, the ground floor remains in great condition and is ready for immediate use or repurposing to suit a wide range of business ventures (subject to any necessary consents). Please note that the AML Fee covers the cost of carrying out the required identity and anti-money laundering checks. Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,574
Band B

£1,836
Band C

£2,098
Band D

£2,361
Band E

£2,885
Band F

£3,410
Band G

£3,934
Band H

£4,721

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Erewash, 2026/27 bills run from £1,574 a year in band A to £4,721 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Erewash, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Price guide

This home

£103 / sq ft

Area average (sold)

£237 / sq ft

Price per area, sold homes nearby

£151 / sq ft

£103 / sq ft

£323 / sq ft

Lowest

This home

Highest

£103 per sq ft, below almost all recent sales in DE7 (£151–£323, 10th–90th percentile, 1,330 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 1,330 homes sold in DE7 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in DE7 →

Location

Nottingham Road, Ilkeston, DE7

Open map Street View

Mortgage and stamp duty

Property price £135,000

£67k £203k

Deposit10% £14,000

£0 £135k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £121,000 mortgage. Most lenders would want a household income of about £27,000 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.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
381, Nottingham Road Terraced	Terraced	Dec 2025	926 sq ft £124/sq ft	926 sq ft	£124	£115,000
293, Nottingham Road Terraced	Terraced	Nov 2024	1,023 sq ft £132/sq ft	1,023 sq ft	£132	£135,000
291, Nottingham Road Terraced	Terraced	Dec 2022	753 sq ft £146/sq ft	753 sq ft	£146	£110,000
361, Nottingham Road Terraced	Terraced	Dec 2020	743 sq ft £135/sq ft	743 sq ft	£135	£99,950
319, Nottingham Road Terraced	Terraced	Dec 2020	710 sq ft £162/sq ft	710 sq ft	£162	£114,950
369, Nottingham Road Semi-detached	Semi-detached	Sept 2020	603 sq ft £189/sq ft	603 sq ft	£189	£114,000
303, Nottingham Road Terraced	Terraced	Mar 2018	1,033 sq ft £72/sq ft	1,033 sq ft	£72	£74,500
301, Nottingham Road Terraced	Terraced	Feb 2016	786 sq ft £91/sq ft	786 sq ft	£91	£71,500