Summary - 83 ALBANY STREET ILKESTON DE7 5AD
2 bed 1 bath Terraced
Auction opportunity: two-bed Victorian terrace with tenant in situ and renovation potential..
Tenant in situ — property sold with existing tenancy in place
Starting bid £85,000; sold via modern-method auction, buyer’s fees apply
Freehold Victorian mid-terrace with small rear garden
Double glazing fitted; mains gas boiler and radiators installed
Solid brick walls; likely no cavity insulation — energy upgrades advised
Area described as very deprived with high local crime rates
Average-sized rooms (approx. 700 sq ft); cosmetic updating likely required
Excellent mobile signal and fast broadband; near bus route and local schools
Offered via modern-method auction with a starting bid of £85,000, this two-bedroom Victorian mid-terrace presents a straightforward investment opportunity in Ilkeston. The property is freehold and comes with double glazing, mains gas central heating and a small rear garden — practical features that suit a buy-to-let investor or builder-contractor.
The house is currently let (tenant in situ), so immediate rental income is possible, though viewings are advised with tenancy in place. Interior photos show traditional features such as a fireplace, high ceilings and hardwood floors; the property will benefit from cosmetic updating and potential insulation improvements to increase long-term value.
Material considerations are plain: the area is described as very deprived with a high local crime rate, and the building appears to have solid brick walls with assumed no cavity insulation. Auction sale is subject to a reserve and buyer’s fees apply — read the auction T&Cs carefully before bidding.
For an investor seeking a low-entry purchase, the combination of rental income, central heating, double glazing and proximity to bus routes and local schools makes this a pragmatic buy. Buyers looking for a family home should note the tenant-in-situ status and local area challenges before arranging a viewing.
2 bedroom terraced house for sale in Albany Street, Ilkeston, Derbyshire, DE7 — £85,000 • 2 bed • 1 bath • 700 ft²
3 bedroom terraced house for sale in Inglefield Road, Ilkeston, Derbyshire, DE7 — £175,000 • 3 bed • 1 bath • 926 ft²
2 bedroom terraced house for sale in Manchester Street, Derby, Derbyshire, DE22 — £120,000 • 2 bed • 1 bath • 786 ft²
2 bedroom terraced house for sale in Leabrooks Road, Somercotes, DE55 — £95,000 • 2 bed • 1 bath • 648 ft²
2 bedroom terraced house for sale in Manchester Street, Derby, Derbyshire, DE22 — £110,000 • 2 bed • 2 bath • 741 ft²
3 bedroom end of terrace house for sale in Alvenor Street, Ilkeston, DE7 — £59,500 • 3 bed • 1 bath • 957 ft²
