Sold STC End of terrace

49 RICHMOND AVENUE

ILKESTON, DERBYSHIRE DE7 8QY

3 beds 1 baths 86 m² Listed 6 Sep 2023 (-1060d)

£160,000

Offers in Region of

Reduced on 26 Dec 2023

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Property details

Tenure

FREEHOLD

Floor area

86 m²

Council tax band

A

EPC rating

D

Last sold

£144,000 Aug 2024

Price per m²

£1,860/m²

Local average

£151,919 (+5.3%)

Deprivation

Decile 1 (1,431 of 33,755)

Street crime

204 incidents within 1 mile (May 2026)

Key features

  • THREE BEDROOMS
  • TWO RECEPTIONS
  • LOFT ROOM
  • GARAGE AND DRIVEWAY
  • CLOAK ROOM
  • CLOSE TO TOWN CENTRE
  • END TERRACE
  • PERFECT FIRST TIME PURCHASE

Additional details

Heating
Central
Parking
Off street
Garden
Back garden

Description

SUMMARY
END OF TERRACE THREE BEDROOM HOME WITH DRIVEWAY AND GARAGE !!!! We are delighted to offer to the market this charming end terrace home that has the added bonus of a fully converted loft room and comes with driveway and garage.


DESCRIPTION
END OF TERRACE THREE BEDROOM HOME WITH DRIVEWAY AND GARAGE !!!! We are delighted to offer to the market this charming end terrace home that has the added bonus of a fully converted loft room and comes with driveway and garage. This charming home offers great living space and has been well maintained by the present owner and comprises of Kitchen dinning and lounge to the ground floor with the three bedrooms and family bathroom to the first floor then the loft room to the second. The home has been modified to house a garage and driveway making parking no problem at all and to the rear is the lovely private garden. Located close to the town centre and local amenities and the fantastic transport links makes this home a must see for all so please call Burchell Edwards today to arrange your viewing.

Front 
To the front the property has a driveway providing off road parking and leading to the integral garage.

Entrance Hallway 
Accessed via UPVC front door leading into the entrance hall where there is bespoke storage, carpet flooring, a radiator, stairs off to the first floor and door off to:-

Lounge 14' 8" x 14' 4" ( 4.47m x 4.37m )
Having carpet flooring, double glazed window to the rear and side elevations, double glazed patio door leading out to the garden, feature fireplace and a radiator.

Kitchen 12' 9" x 11' 4" ( 3.89m x 3.45m )
Fitted with wall and base units with work surfaces incorporating stainless steel sink and drainer unit, electric oven with electric hob.

Cloakroom 
Having low level W.C and wash hand basin.

First Floor Landing  
Having stairs to the loft room and doors off to the bedrooms and bathroom.

Bedroom One 12' 2" x 8' 11" ( 3.71m x 2.72m )
Having double glazed window to the front, a radiator and carpet flooring.

Bedroom Three 9' 8" x 8' 10" ( 2.95m x 2.69m )
Having double glazed window to the rear, carpet flooring and a wardrobe.

Bedroom Two 12' 6" x 8' 7" ( 3.81m x 2.62m )
Having double glazed window to the rear, a radiator, carpet flooring and wardrobes.

Bathroom 
Having double glazed frosted window to the side, shower cubicle with electric shower, panelled bath, wash hand basin and low level W.C, vinyl flooring and a radiator.

Loft Room 13' 7" x 9' 3" ( 4.14m x 2.82m )
Having velux window to the rear, carpet flooring and a radiator.

Rear 
To the rear the garden is mainly paved with mature borders.

Garage 
Having an up and over door with connection for washing machine, hosepipe and radiator.



1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. These particulars do not constitute part or all of an offer or contract.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Potential buyers are advised to recheck the measurements before committing to any expense.
5. Burchell Edwards has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6. Burchell Edwards has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Listed by

Ilkeston

Connells

Reference: 139587920

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: B

Inspection date: 21/09/2023

Expiry date: 20/09/2033

Est. upgrade cost to C: £19,930

Recommendations

  • 50 mm internal or external wall insulation (£4,000 - £14,000)
  • Floor insulation (suspended floor) (£800 - £1,200)
  • Low energy lighting for all fixed outlets (£30)
  • Upgrade heating controls (£350 - £450)
  • Solar water heating (£4,000 - £6,000)
  • Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

EPC

EPC

Price history

Event Date Price % change
Sold 08/08/2024 (1 year ago) £144,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

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 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 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: £140,803 (15 sales)

Area average: £126,550 (20 sales)

Capital growth trend

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

5y growth 13.7%
10y growth 39.1%

House Price Index (HM Land Registry — official index, not sold-price averages): Erewash. Series: Terraced. As of April 2026.

1y (index) 0.8%
5y (index) 18.9%
10y (index) 57.7%

Rental Range

Estimated market rent for Erewash. Low = conservative, Realistic = average, Optimistic = best case.

Low £752/mo
Realistic £835/mo
Optimistic £919/mo

Based on Local Authority from postcode lookup → Erewash.

LHA (30th percentile) floor for Derby: £698/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Cotmanhay Road / Vernon Street 0.1 miles
Bus stop Bridge Street 0.1 miles
Shop Bright Street Laundry 0.3 miles
Shop Canalside Cars Ltd 0.5 miles
Train station Ilkeston 0.8 miles
Train station Langley Mill 2.3 miles
Hospital Queens Medical Centre 5.9 miles
Hospital NHS Treatment Centre 6.1 miles
University Chaucer Study Space 6.7 miles
University Derby Law School 8.7 miles

Street-level crime

Category Count
Violence and sexual offences 102
Anti-social behaviour 21
Public order 20
Criminal damage and arson 18
Shoplifting 10
Other theft 8
Vehicle crime 8
Drugs 7
Other crime 4
Burglary 2
Robbery 2
Bicycle theft 1
Possession of weapons 1
Total incidents 204

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Esteem Valley Academy Other 0.1 miles Good — 14 Jan 2019
Bennerley Fields School Other 0.1 miles Good — 8 Mar 2023
Cotmanhay Junior School Primary 0.3 miles (Inspected (no overall grade))
Cotmanhay Infant and Nursery School Primary 0.3 miles Good — 19 Jan 2022
Charlotte Nursery and Infant School Primary 0.5 miles Outstanding — 5 Mar 2014

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 Terraced House, Cotmanhay Road, DE7 £795/mo 3 0.28 miles OpenRent
3 Bed Semi-Detached House, Lathkill Avenue, DE7 £980/mo 3 0.4 miles OpenRent

Average rent: £1,042/mo (3 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.61%
Max investor price (0.8%) £122,500
Target investor price (1%) £98,000
Gross yield 7.4%
Cost-to-rent ratio 13.6×
Monthly cashflow £227/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 5.9%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus 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).