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

## Property Details

| Key | Value |
|-----|-------|
| Address | 24 RICHMOND AVENUE, ILKESTON, DERBYSHIRE DE7 8QY |
| Price | £150,000 |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Council tax | A |
| Construction age | England and Wales: 1930-1949 |
| Floor area | 80 m² |
| Last sold | £135,000 Aug 2023 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** B
- **Expiry date:** 19/03/2033
- **Est. upgrade cost to C:** £19,500

### Recommendations
- B (£500 - £1,500)
- Q (£4,000 - £14,000)
- 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/0300-2200-1270-2227-8545)

## Description

THREE BED TERRACED, Refitted Kitchen, NO CHAIN, Video Tour, REFITTED SHOWER ROOM, Cul-De-Sac Position, NEAR BUS ROUTE, Viewing Advised!

## Property Photos

- ![SOLDimage](/listings/photos/132297017/1585414) - SOLDimage
- ![K.JPG](/listings/photos/132297017/1585415) - K.JPG
- ![F.JPG](/listings/photos/132297017/1585418) - F.JPG
- ![R1.JPG](/listings/photos/132297017/1585421) - R1.JPG
- ![DR.JPG](/listings/photos/132297017/1585424) - DR.JPG
- ![L.JPG](/listings/photos/132297017/1585427) - L.JPG
- ![B1.JPG](/listings/photos/132297017/1585430) - B1.JPG
- ![SHOWER.JPG](/listings/photos/132297017/1585433) - SHOWER.JPG
- ![R2.JPG](/listings/photos/132297017/1585435) - R2.JPG
- ![B2.JPG](/listings/photos/132297017/1585437) - B2.JPG
- ![R3.JPG](/listings/photos/132297017/1585438) - R3.JPG
- ![B3.JPG](/listings/photos/132297017/1585439) - B3.JPG

## Floorplans

- ![FloorPlan](/listings/photos/132297017/1585440) - FloorPlan

## EPC Graphs

- ![EE](/listings/photos/132297017/1585441) - EE
- ![EI](/listings/photos/132297017/1585442) - EI

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 24 RICHMOND AVENUE, ILKESTON, EREWASH, DERBYSHIRE, DE7 8QY | £135,000 | 25/08/2023 | 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 |
| 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:** £141,403 (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:** -1.3%

## 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 | 0.22 miles | OpenRent |
| 3 Bed Semi-Detached House, Lathkill Avenue, DE7 | £980/mo | 3 | 0.38 miles | OpenRent |

**Average rent: £1,165/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 0.78% (weak for cashflow)
- **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:** 9.3%
- **Cost-to-rent:** 10.7×
- **Monthly cashflow:** £433/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 11.9%

*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:** £1,875/m²

## 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)