Summary - 14, Hallam Fields Road, ILKESTON DE7 4AZ
3 bed 1 bath Terraced
Chain-free investment with immediate rental income and refurbishment potential.
Three-storey, three-bedroom mid-terrace layout
A three-storey, three-bedroom mid-terrace offered freehold and chain-free — currently let at £700 PCM (£8,400 pa), presenting an immediate income stream and a gross yield of about 6.7% at the £125,000 asking price. The layout is practical: lounge, dining room, kitchen, downstairs WC, three bedrooms across first and second floors and a bathroom. Broadband speeds are fast and mobile signal is excellent, useful for modern tenants.
The house shows signs of age and will benefit from modernization. Room sizes are modest and some decorative and systems updating is likely required. The rear garden is modest despite the listing of a larger plot, and the street-facing outlook is typical for an early-to-mid 20th-century terraced terrace. Above-average local crime is a material consideration for some buyers and could influence tenant demand and insurance costs.
This property suits buy-to-let investors seeking an income-producing asset with scope to increase rent and value through refurbishment, or an owner-occupier prepared to renovate. Nearby primary schools have good Ofsted ratings; secondary provision is mixed. No flood risk is recorded.
Overall: practical urban terrace with reliable connectivity and immediate rental income, but modest internal space, some modernization needs and local crime levels to factor into repositioning or resale plans.
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