# 3 bedroom terraced house for sale (DE7 8QY) ## Property Details | Key | Value | |-----|-------| | Address | 5 RICHMOND AVENUE, ILKESTON, DERBYSHIRE DE7 8QY | | Price | £130,000 | | Bedrooms | 3 | | Bathrooms | 1 | | Last sold | £130,000 Apr 2022 | ## Description The Property **NO CHAIN** SPACIOUS THREE BEDROOM HOME** LARGE LOUNGE/DINER** A spacious and very well maintained three bedroom mid terrace home, located conveniently for bus routes and an array of amenities. The accommodation in full comprises; an entrance hall, open plan lounge/diner, spacious kitchen, three well proportioned bedrooms and a bathroom. The rear garden is a wonderful size, mainly laid to lawn. Viewings are essential to fully appreciate the size of this home. The property is perfectly suited to first time buyers, professionals, families and landlords. Book your viewing 24/7 through the Purplebricks app/website! Entrance Hall Enter the property through the front door into the entrance hall which is fitted with laminate flooring and provides access to the lounge/diner and stairs rising to the first floor. Dining Room 11'3 x 11'1 A bay fronted dining room fitted with laminate flooring, radiator and a double glazed window to the front elevation. A large opening into the living area. Lounge 13'3 x 11'5 Positioned off the dining area, the lounge/living room is fitted with laminate flooring, gas fire with feature surround, radiator and a double glazed window to the rear elevation. Providing access to the kitchen. Kitchen 14'9 x 9' Fitted with a range of wall, base and drawer units, stainless steel sink and drainer, space for firdge/freezer, dishwasher and washing machine, 4 ring electric hob with extractor hood, integrated double oven, parquet effect vinyl flooring, tiled splash backs, pantry/storage, radiator, double glazed windows to the side and rear elevations and a door to the side elevation providing access to the rear garden. First Floor Carpeted stairs rising to the first floor with a spacious landing area providing access to all of the first floor accommodation. Bedroom One 14'8 x 11'4 A large double bedroom fitted with carpets, radiator and a double glazed window to the front elevation. Bedroom Two 13'3 x 9'1 A double bedroom fitted with carpets, radiator and a double glazed window to the rear elevation. Bedroom Three 9' x 8'4 A well proportioned third bedroom fitted with carpets, radiator, storage and a double glazed window to the rear elevation. Bathroom 6' x 5'10 Comprising a recently refitted three piece suite; bath with shower over, low flush WC and a hand basin. With a heated towel rail, tiled walls and a double glazed window to the side elevation. Outside To the front of the property is a walled garden providing added privacy to the property. The rear garden is a great size, being mainly laid to lawn and with two patio areas. There is also a good sized shed to the back of the garden providing useful storage space. Disclaimer for virtual viewingsSome or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing. If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided. ## Property Photos - ![Photo](/listings/photos/117878018/1585475) - ![Photo](/listings/photos/117878018/1585476) - ![Photo](/listings/photos/117878018/1585477) - ![Photo](/listings/photos/117878018/1585478) - ![Photo](/listings/photos/117878018/1585479) - ![Photo](/listings/photos/117878018/1585480) - ![Photo](/listings/photos/117878018/1585481) - ![Photo](/listings/photos/117878018/1585486) - ![Photo](/listings/photos/117878018/1585491) - ![Photo](/listings/photos/117878018/1585496) - ![Photo](/listings/photos/117878018/1585500) - ![Photo](/listings/photos/117878018/1585505) - ![Photo](/listings/photos/117878018/1585508) - ![Photo](/listings/photos/117878018/1585511) - ![Photo](/listings/photos/117878018/1585516) ## Floorplans - ![Floorplan 1](/listings/photos/117878018/1585521) - Floorplan 1 ## EPC Graphs - ![epc](/listings/photos/117878018/1585524) - epc ## FENSA Certificates This property has 2 FENSA certificate(s) on record. ### FENSA Certificate #14246907 - **Address:** 5 Richmond Avenue, ILKESTON, DE7 8QY - **Certificate Issued:** 18/10/2020 - **Work Completed:** 12/10/2020 - **Items:** 3 window(s) ### FENSA Certificate #14119407 - **Address:** 5 Richmond Avenue, ILKESTON, DE7 8QY - **Certificate Issued:** 26/07/2020 - **Work Completed:** 17/07/2020 - **Items:** 2 window(s) ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 5 RICHMOND AVENUE, ILKESTON, EREWASH, DERBYSHIRE, DE7 8QY | £130,000 | 22/04/2022 | Terraced | | 5 RICHMOND AVENUE, ILKESTON, EREWASH, DERBYSHIRE, DE7 8QY | £76,500 | 22/12/2015 | 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 | | 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] 23 RICHMOND AVENUE, ILKESTON, EREWASH, DERBYSHIRE, DE7 8QY | £117,100 | 08/12/2021 | Terraced | | [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:** £141,737 (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:** -14.4% ## 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 | 0.24 miles | OpenRent | | 3 Bed Semi-Detached House, Lathkill Avenue, DE7 | £980/mo | 3 | 0.4 miles | OpenRent | **Average rent: £1,165/mo (2 listings)** ## 1% Rule - **Rent ratio:** 0.9% (okay) - **Max investor price (0.8%):** £145,625 - **Target investor price (1%):** £116,500 *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 £1,165/mo).* - **Gross yield:** 10.8% - **Cost-to-rent:** 9.3× - **Monthly cashflow:** £512/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 16.3% *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).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 11.8% - **10y growth:** 40% ## 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)