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

## Property Details

| Key | Value |
|-----|-------|
| Address | 4 RICHMOND AVENUE, ILKESTON, DERBYSHIRE DE7 8QY |
| Price | £550 pcm |
| Bedrooms | 3 |
| Construction age | England and Wales: 1900-1929 |
| Floor area | 91 m² |
| Last sold | £65,500 Dec 2012 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** B
- **Expiry date:** 30/11/2033
- **Current heating cost:** £1,551/year
- **Est. upgrade cost to C:** £23,500

### Recommendations
- Q (£4,000 - £14,000)
- W2 (£4,000 - £6,000)
- 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/2214-7596-4428-3363-9342)

## Description

IPS Estates are delighted to offer this spacious three bedroom family home, located on a quiet street in Ilkeston. The property benefits from being in close proximity to local schools and transport links. Other benefits include Gas Central Heating, Double Glazing and modern neutral decor throughout.

On the ground floor of the property you will find the generous open plan lounge/diner, fitted with light brown carpets and decorated with magnolia. There is ample room for a three piece suite and dining table. Moving through you will find the modern fitted kitchen with dark wood effect laminate flooring. Finished to a high standard there are a range of base and eye-level units, with complimentary work surfaces running over and splashback tiles.

The first floor consists of three bedrooms and a white bathroom suite, with bath, sink and toilet. The master double bedroom benefits from lots of natural light with two large windows and is decorated with light brown carpets and magnolia walls. There is an additional double bedroom and a single bedroom both with modern neutral decor.

To the rear of the property there is a generous garden mainly laid to lawn with a small patio area.

Why not ask us about our no deposit scheme?!

DSS tenants welcome to apply

## Property Photos

- ![Photo](/listings/photos/44043386/1585617)
- ![Photo](/listings/photos/44043386/1585619)
- ![Photo](/listings/photos/44043386/1585621)
- ![Photo](/listings/photos/44043386/1585622)
- ![Photo](/listings/photos/44043386/1585623)
- ![Photo](/listings/photos/44043386/1585624)
- ![Photo](/listings/photos/44043386/1585625)
- ![Photo](/listings/photos/44043386/1585626)

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #4350904
- **Address:** 4 Richmond Avenue, ILKESTON, DE7 8QY
- **Certificate Issued:** 25/12/2006
- **Work Completed:** 05/12/2006
- **Items:** 12 window(s), 2 door(s)

## 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:** 2541.8%
- **Monthly cashflow:** £1,021/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 7684%

*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:** £6/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)