# 3 bedroom end of terrace house for sale (DE7 8QY)

## Property Details

| Key | Value |
|-----|-------|
| Address | 23 RICHMOND AVENUE, ILKESTON, DERBYSHIRE DE7 8QY |
| Price | £115,000 |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Last sold | £117,100 Dec 2021 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** B
- **Expiry date:** 21/01/2031
- **Current heating cost:** £780/year
- **Est. upgrade cost to C:** £23,515

### Recommendations
- Q (£4,000 - £14,000)
- W2 (£4,000 - £6,000)
- E (£15)
- N (£4,000 - £6,000)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/2329-3003-7209-3869-2200)

## Description

Traditional single bay end town house in a popular cul-de-sac location and offered with no upward chain. The deceptively spacious accommodation has gas central heating and UPVC double glazing. Entrance hall, through lounge / diner, spacious kitchen. First floor galleried landing, three bedrooms and a bathroom. Small frontage and a rear garden. Vacant possession.

## Property Photos

- ![Picture No. 09](/listings/photos/77371431/1585484) - Picture No. 09
- ![Picture No. 04](/listings/photos/77371431/1585485) - Picture No. 04
- ![Picture No. 05](/listings/photos/77371431/1585487) - Picture No. 05
- ![Picture No. 08](/listings/photos/77371431/1585492) - Picture No. 08
- ![Picture No. 07](/listings/photos/77371431/1585495) - Picture No. 07
- ![Picture No. 06](/listings/photos/77371431/1585497) - Picture No. 06
- ![Picture No. 11](/listings/photos/77371431/1585501) - Picture No. 11
- ![Picture No. 01](/listings/photos/77371431/1585504) - Picture No. 01
- ![Picture No. 02](/listings/photos/77371431/1585506) - Picture No. 02
- ![Picture No. 03](/listings/photos/77371431/1585510) - Picture No. 03
- ![Picture No. 10](/listings/photos/77371431/1585514) - Picture No. 10

## Floorplans

- ![Floor Plan 1](/listings/photos/77371431/1585517) - Floor Plan 1

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/77371431/1585520) - EPC Rating Graph

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 23 RICHMOND AVENUE, ILKESTON, EREWASH, DERBYSHIRE, DE7 8QY | £117,100 | 08/12/2021 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 57 WESLEY STREET, ILKESTON, EREWASH, DERBYSHIRE, DE7 8QW | £140,000 | 04/12/2025 | Terraced |
| 156 COTMANHAY ROAD, ILKESTON, EREWASH, DERBYSHIRE, DE7 8QT | £130,000 | 24/11/2025 | Terraced |
| [Same street] 61 RICHMOND AVENUE, ILKESTON, EREWASH, DERBYSHIRE, DE7 8QY | £145,000 | 21/03/2025 | Detached |
| [Same street] 50 RICHMOND AVENUE, ILKESTON, EREWASH, DERBYSHIRE, DE7 8QY | £149,950 | 26/02/2025 | Semi-detached |
| [Same street] 60 RICHMOND AVENUE, ILKESTON, EREWASH, DERBYSHIRE, DE7 8QY | £145,000 | 20/11/2024 | Terraced |
| [Same street] 49 RICHMOND AVENUE, ILKESTON, EREWASH, DERBYSHIRE, DE7 8QY | £144,000 | 08/08/2024 | Terraced |
| [Same street] 47 RICHMOND AVENUE, ILKESTON, EREWASH, DERBYSHIRE, DE7 8QY | £180,000 | 01/08/2024 | Terraced |
| 232 COTMANHAY ROAD, ILKESTON, EREWASH, DERBYSHIRE, DE7 8PE | £92,500 | 23/11/2023 | Terraced |
| [Same street] 24 RICHMOND AVENUE, ILKESTON, EREWASH, DERBYSHIRE, DE7 8QY | £135,000 | 25/08/2023 | Terraced |
| 128 COTMANHAY ROAD, ILKESTON, EREWASH, DERBYSHIRE, DE7 8NZ | £127,000 | 30/06/2023 | Terraced |
| [Same street] 13 RICHMOND AVENUE, ILKESTON, EREWASH, DERBYSHIRE, DE7 8QY | £144,000 | 06/03/2023 | Terraced |
| [Same street] 62 RICHMOND AVENUE, ILKESTON, EREWASH, DERBYSHIRE, DE7 8QY | £173,000 | 17/02/2023 | Semi-detached |
| 24 STRATFORD STREET, ILKESTON, EREWASH, DERBYSHIRE, DE7 8QZ | £117,500 | 22/12/2022 | Terraced |
| [Same street] 17 RICHMOND AVENUE, ILKESTON, EREWASH, DERBYSHIRE, DE7 8QY | £140,000 | 19/12/2022 | Terraced |
| [Same street] 19 RICHMOND AVENUE, ILKESTON, EREWASH, DERBYSHIRE, DE7 8QY | £164,000 | 02/12/2022 | Terraced |
| 55 BRIDGE STREET, ILKESTON, EREWASH, DERBYSHIRE, DE7 8RD | £160,000 | 01/12/2022 | Terraced |
| 140 COTMANHAY ROAD, ILKESTON, EREWASH, DERBYSHIRE, DE7 8NZ | £230,000 | 28/11/2022 | Terraced |
| 3 BENNERLEY AVENUE, ILKESTON, EREWASH, DERBYSHIRE, DE7 8PF | £122,500 | 20/10/2022 | Terraced |
| 12 WESLEY STREET, ILKESTON, EREWASH, DERBYSHIRE, DE7 8QW | £93,000 | 18/10/2022 | Terraced |
| 8 FOXLEY ROAD, ILKESTON, EREWASH, DERBYSHIRE, DE7 8WR | £141,000 | 14/10/2022 | Terraced |
| 30A MILTON ROAD, ILKESTON, EREWASH, DERBYSHIRE, DE7 8NU | £120,000 | 30/09/2022 | Terraced |
| 40 BRIDGE STREET, ILKESTON, EREWASH, DERBYSHIRE, DE7 8RD | £87,000 | 22/09/2022 | Terraced |
| 38 MILTON ROAD, ILKESTON, EREWASH, DERBYSHIRE, DE7 8NU | £150,000 | 12/09/2022 | Terraced |
| 50 MILTON ROAD, ILKESTON, EREWASH, DERBYSHIRE, DE7 8NU | £140,000 | 19/08/2022 | Terraced |
| 16 MILTON STREET, ILKESTON, EREWASH, DERBYSHIRE, DE7 8NX | £118,000 | 31/05/2022 | Terraced |
| 9 VERNON STREET, ILKESTON, EREWASH, DERBYSHIRE, DE7 8PD | £115,000 | 19/05/2022 | Terraced |
| 1 LINGS CLOSE, ILKESTON, EREWASH, DERBYSHIRE, DE7 8WT | £110,000 | 11/05/2022 | Terraced |
| [Same street] 5 RICHMOND AVENUE, ILKESTON, EREWASH, DERBYSHIRE, DE7 8QY | £130,000 | 22/04/2022 | Terraced |
| 21 VERNON STREET, ILKESTON, EREWASH, DERBYSHIRE, DE7 8PD | £97,500 | 08/04/2022 | Terraced |
| [Same street] 20 RICHMOND AVENUE, ILKESTON, EREWASH, DERBYSHIRE, DE7 8QY | £85,000 | 31/03/2022 | Terraced |
| 226 COTMANHAY ROAD, ILKESTON, EREWASH, DERBYSHIRE, DE7 8PE | £110,000 | 16/03/2022 | Terraced |
| 3 MILTON STREET, ILKESTON, EREWASH, DERBYSHIRE, DE7 8NX | £130,000 | 28/02/2022 | Terraced |
| [Same street] 52 RICHMOND AVENUE, ILKESTON, EREWASH, DERBYSHIRE, DE7 8QY | £162,000 | 20/01/2022 | Semi-detached |
| [Same street] 62 RICHMOND AVENUE, ILKESTON, EREWASH, DERBYSHIRE, DE7 8QY | £112,000 | 01/12/2021 | Semi-detached |
| [Same street] 17 RICHMOND AVENUE, ILKESTON, EREWASH, DERBYSHIRE, DE7 8QY | £130,000 | 29/09/2021 | Terraced |

**Street average:** £142,597 (15 sales)
**Area average:** £126,550 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £151,919 (62 Terraced, DE7, 2024–2026)
- **Deviation:** -24.3%

## Rental Range

*ONS Price Index of Private Rents (Erewash). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £752/mo
- **Realistic:** £835/mo
- **Optimistic:** £919/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Derby (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £698/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 3 Bed Semi-Detached House, Dukes Place, DE7 | £1,350/mo | 3 | 0.23 miles | OpenRent |
| 3 Bed Terraced House, Cotmanhay Road, DE7 | £795/mo | 3 | 0.28 miles | OpenRent |
| 3 Bed Semi-Detached House, Lathkill Avenue, DE7 | £980/mo | 3 | 0.39 miles | OpenRent |

**Average rent: £1,042/mo (3 listings)**

## 1% Rule

- **Rent ratio:** 0.85% (okay)
- **Max investor price (0.8%):** £122,500
- **Target investor price (1%):** £98,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £980/mo).*

- **Gross yield:** 10.2%
- **Cost-to-rent:** 9.8×
- **Monthly cashflow:** £404/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 14.5%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £1,250/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 13.7%
- **10y growth:** 39.1%

## House Price Index (HM Land Registry)

*Official index for Erewash; Terraced series; as of April 2026.*

- **1y growth (index):** 0.8%
- **5y growth (index):** 18.9%
- **10y growth (index):** 57.7%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)