DE7 5QE - 2 bed central two bedroom flat in South Street, DE7 5QE

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2 bedroom flat for sale in South Street, ILKESTON, DE7

Summary - Flat 34, 18 South Street DE7 5QE

2 bed 1 bath Flat

Affordable town-centre apartment ideal for first-time buyers or buy-to-let investors.
Two bedrooms in a converted historic town-centre building
Secure off-street parking with keypad entry
Average-sized 870 sq ft apartment, contemporary bathroom
Leasehold tenure; ground rent £125 per year
Electric room heaters; higher running costs likely
Located within walking distance of the railway station
Local area classified as deprived; crime levels very high
Fast broadband and excellent mobile signal
Set within a converted historic building in Ilkeston town centre, this two-bedroom apartment offers a practical, well-located home or a straightforward buy-to-let. The living space is an average-sized 870 sq ft and includes a contemporary bathroom, kitchenette-style lounge and secure off-street parking with keypad entry. Fast broadband and excellent mobile signal make it suitable for modern renters or homeowners.

The flat is leasehold with a modest ground rent of £125. Heating is by electric room heaters and the property relies on electricity as its main fuel; buyers should expect higher running costs compared with gas-heated homes. The building shows mid-century/period character but may benefit from cosmetic updating in places to maximise rental yield or long-term value.

Location is a key selling point: immediate access to local amenities, nearby schools and easy walking distance to the railway station, making it a good commuter option for Derby and Nottingham. The local area is classified as ageing urban communities and overall area deprivation is high; crime levels are recorded as very high, so buyers should factor local safety and management measures into their decision.

This apartment suits a first-time buyer seeking an affordable entry onto the ladder or an investor after a central, easy-to-manage let. The combination of town-centre convenience, secure parking and flexible accommodation offers clear potential, but purchase decisions should reflect the leasehold status, electric heating and local area challenges.

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