Summary - 98, Millfield Road, ILKESTON DE7 5DJ
2 bed 1 bath Terraced
Freehold two-bed terrace with tenant in situ — auction sale, ideal for buy-to-let investors..
- Two-bedroom Victorian mid-terrace, freehold
- Tenant in situ — immediate rental income, viewings by appointment only
- Requires modernisation: dated interiors, small rooms, low ceilings
- Solid brick walls likely uninsulated; insulation may be needed
- Mains gas boiler and radiators; double glazing present (install date unknown)
- Very small rear patio yard; limited outside space
- High local crime rate and very small plot are notable drawbacks
- Sold at auction: 5% deposit and reservation fee up to 6% inc VAT
A compact Victorian two-bedroom mid-terrace offered with a tenant in situ — suitable for investors seeking immediate rental income. The property is freehold, gas-heated with double glazing and on a popular tree-lined street close to local amenities and schools. The small rear patio yard and low-maintenance footprint appeal to buy-to-let portfolios or those planning light refurbishment.
The house requires modernisation: interiors are dated, rooms are small with low ceilings, and the original solid brick walls likely lack cavity insulation. Buyers should allow budget for updating decoration, possible insulation improvements and kitchen/bath upgrades to increase rental value or future resale appeal. High local crime statistics and a very small plot are material considerations for some purchasers.
This lot is being sold via transparent online auction with Legal Pack available. The sale can proceed to immediate exchange; successful bidders must pay a 5% non-refundable deposit and a non-refundable reservation fee (up to 6% inc. VAT, minimum £6,000). All bidders must complete AML verification — seek independent legal advice and review the pack before bidding.
Viewing is strictly by appointment. The property will suit investors wanting an occupied let and fast completion via auction, or buyers prepared to manage tenant arrangements and carry out improvements to enhance value.
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