# 3 bedroom terraced house for rent (DE7 8QY)

## Property Details

| Key | Value |
|-----|-------|
| Address | 38 RICHMOND AVENUE, ILKESTON, DERBYSHIRE DE7 8QY |
| Price | £775 pcm |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Council tax | A |
| Construction age | England and Wales: 1930-1949 |
| Floor area | 93 m² |
| Last sold | £74,500 Mar 2016 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** B
- **Expiry date:** 18/06/2025 — **EXPIRED** (no longer valid for marketing or letting)
- **Current heating cost:** £789/year

### Recommendations
- A (350)
- Q (14,000)
- W2 (6,000)
- E (60)
- N (6,000)
- O3 (1,400)
- U (8,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8695-7026-3250-1761-0992)

## Description

SPACIOUS THREE BEDROOM mid terraced house in a popular location. Entrance hall, FITTED KITCHEN, large lounge/diner. First floor galleried landing, three bedrooms and a bathroom. Gas central heating and double glazing. Gardens to both front and rear.

## Property Photos

- ![Picture No. 11](/listings/photos/145251734/1585599) - Picture No. 11
- ![Picture No. 13](/listings/photos/145251734/1585600) - Picture No. 13
- ![Picture No. 18](/listings/photos/145251734/1585602) - Picture No. 18
- ![Picture No. 12](/listings/photos/145251734/1585603) - Picture No. 12
- ![Picture No. 15](/listings/photos/145251734/1585604) - Picture No. 15
- ![Picture No. 16](/listings/photos/145251734/1585605) - Picture No. 16
- ![Picture No. 17](/listings/photos/145251734/1585606) - Picture No. 17
- ![Picture No. 14](/listings/photos/145251734/1585607) - Picture No. 14
- ![Photograph 4](/listings/photos/145251734/1585609) - Photograph 4

## Floorplans

- ![Photograph 9](/listings/photos/145251734/1585610) - Photograph 9

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/145251734/1585611) - EPC Rating Graph

## 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)**

## Rent-driven metrics

*Based on OpenRent comparables (median £1,165/mo).*

- **Gross yield:** 1803.9%
- **Monthly cashflow:** £1,020/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 5448.4%

*Gross yield = annual rent as % of price (no costs). 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:** £8/m²

## 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)