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Derbyshire

Ilkeston
development finance.

Expert property development finance in Ilkeston, Derbyshire. Median price £189,875, 780 annual sales. We connect developers with competitive funding from 100+ lenders.

Median price
£190k
Sales (12m)
780
YoY change
+5.4%
UK city skyline with residential and commercial buildings

Ilkeston, Derbyshire

Property finance
in Ilkeston.

Ilkeston - south-east Derbyshire town with Erewash Canal regeneration and affordable development land. With a median property price of £189,875 and 780 transactions in the last twelve months, Ilkeston represents a steady market with prices up 5.4% year-on-year.

Detached homes command a median of £300,000 while flats average £100,000, reflecting the breadth of Ilkeston's residential market. Terraced houses sit at £149,000, offering developers a range of scheme types from conversions to ground-up residential.

Whether you need development finance for a ground-up scheme, bridging finance to secure a site at auction, or mezzanine finance to stretch your capital stack, our brokers arrange the full range of property finance across Ilkeston and the wider Derbyshire area. Each deal is structured around your specific project, with terms negotiated from our panel of over 100 lenders.

Live market data

Ilkeston
market snapshot.

HM Land Registry sold-price data for Ilkeston over the last twelve months, alongside the live local planning pipeline. Updated weekly.

Median price
£189,875
Sales (12m)
780
YoY change
+5.4%
Approved (recent)
80
Pipeline units
975
Pipeline GDV
£179.7M

Ilkeston development appraisal

Model the numbers
for your scheme.

Pre-populated with Ilkeston median prices and typical senior-debt pricing. Adjust the inputs to match your deal and we will hand the working assumptions through to the Deal Room.

Scheme Inputs

Pre-populated with Ilkeston median prices. Adjust to match your scheme.

£
£
£
%

Build cost pre-filled at £2,150/sqm (regional benchmark) for a 6-unit scheme. Assumes 10% professional fees, 10% contingency, 65% LTGDV senior debt, 18-month term. Full calculator →

Capital Structure

Total Cost£1,725,000
Senior Debt (65% LTGDV)£778,050
Equity Required£946,950
Interest (18m)£87,531
Profit on Cost-34.0%
Senior Debt£778,050
Equity£946,950

Land Registry data

Recent property sales
in Ilkeston.

780 residential transactions in the last twelve months. Median sold price £189,875 (+5.4% YoY)

Detached

£300,000

Semi-Detached

£190,000

Terraced

£149,000

Flat

£100,000

DateAddressTypePrice
24 Jul 202695, MASON ROADDE7 9LPTerraced£181,000
22 Jul 202633, KNIVETON PARKDE7 5FDDetached£360,000
17 Jul 20261, HOLME CLOSEDE7 9JSDetached£320,000
17 Jul 2026138, LONGFIELD LANEDE7 4DBDetached£430,000
17 Jul 202611, BROADWAYDE7 8TDDetached£225,000
16 Jul 202624, BOWESWELL ROADDE7 8EETerraced£165,000
15 Jul 202659, GODFREY DRIVEDE7 4HPTerraced£105,000
15 Jul 202621, WESTFIELD CLOSEDE7 4JTDetached£165,000
10 Jul 202613, SCHOLAR CLOSEDE7 4QTSemi-Detached£220,000
10 Jul 202612, STANLEY STREETDE7 5FXDetached£323,000

Planning pipeline

Planning activity
in Ilkeston.

80 approved (last 12 months)
·
37 pending
·975 units in pipeline·£179.7M estimated GDV·82% approval rate (last 12 months)

Recently Approved

RefProposalUnitsEst. GDVStatus
PA/2026/0447

Application of Street Art Mural to Walls of (Finance Block) Stair Core at Ilkest…

TOWN HALL, EREWASH BOROUGH COUNCIL, WHARNCLIFFE ROAD, ILKESTON, DE7 5RP

--Pending
PA/2026/0268

Change of use of paddock land to form extended residential curtilage, Erection o…

1 RECTORY FARM MEWS, RECTORY LANE, BREADSALL, DERBY, DE21 5LL

1£189,875Pending
PA/2026/0436

REINSTATEMENT OF THE FORMER PETROL FILLING STATION AS A SELF SERVE/AUTOMATED FAC…

37 V & K Garages Ltd, Derby Road, Sandiacre, NG10 5HX

--Pending
PA/2026/0376

Erection of a single storey new unit for a cafe (class E) with an area of outdoo…

UNIT D, DALES SHOPPING CENTRE, THE VILLAGE, WEST HALLAM, ILKESTON, DE7 6JA

--Pending
PA/2026/0325

Demolition of existing dwelling and outbuildings and replace with a new detached…

BREEZE WAY, MAIN ROAD, MORLEY, ILKESTON, DE7 6DG

--Pending

Current Applications

RefProposalUnitsEst. GDVStatus
1125/0013

Proposed Extension And Conversion Of Redundant Farm Building To Use As Indoor …

Home Farm, Pasture Lane, Long Eaton, Derbyshire, NG10 2FZ

--Pending
1225/0016

Conversion and refurbishment including extensions to existing barns to form two …

Farm Shop Adjacent, 23, Stevens Lane, Breaston, Derbyshire, DE72 3BU

2£379,750Pending
PA/2025/0084

Test

62 SCARGILL ROAD, WEST HALLAM, ILKESTON, DE7 6LF

--Pending
PA/2026/0129

Proposed change of use from Garden Centre to coffee shop (Sui Generis and mixed …

THE HIDDEN IVY, MILL HILL LANE, BREASTON, DERBY, DE72 3AX

--Pending
PA/2026/0149

Outline Application for Development of up to 100 dwellings and Associated Infras…

Land North and West of Larch Drive, Sandiacre, Derbyshire

100£19.0MPending

Source: HM Land Registry price paid data, 12 months to September 2026 · Erewash Borough Council planning register, retrieved September 2026. Contains HM Land Registry data © Crown copyright and database right, licensed under the Open Government Licence v3.0.

Common questions

Property finance in Ilkeston
— answered.

What is the average property price in Ilkeston?
The median property price in Ilkeston is £189,875, based on Land Registry transactions over the past 12 months. Broken down by type: detached homes at £300,000, semi-detached properties at £190,000, terraced houses at £149,000, flats at £100,000.
Is Ilkeston a good area for property development?
Ilkeston recorded 780 property transactions in the last 12 months, with prices up 5.4% year-on-year - suggesting sustained buyer demand. South-east Derbyshire town with Erewash Canal regeneration and affordable development land. Active transaction volumes indicate a liquid market where completed developments can achieve timely sales.
What types of property finance are available in Ilkeston?
We arrange the full range of property development finance in Ilkeston: development finance for ground-up schemes, bridging loans for auction purchases and chain breaks, mezzanine finance to stretch your capital stack, refurbishment finance for conversion projects, commercial mortgages for income-producing assets, equity and joint ventures for larger schemes, and development exit finance for completed projects awaiting sales.
How do I apply for development finance in Ilkeston?
Start by submitting your deal through our Deal Room with your project details - site address, purchase price, build costs, and expected end value. Our team will review your scheme, model the funding structure, and present you with terms from our panel of over 100 lenders within 48 hours. There's no upfront fee and no obligation until you choose to proceed.
What are typical development finance rates in Ilkeston?
Development finance rates for Ilkeston projects typically range from 7-11% per annum, depending on scheme size, developer experience, and leverage. For a scheme with a GDV of around £1.1M, you could expect senior debt at 60-70% of GDV with rates from 7.5%. Arrangement fees are usually 1-2% of the facility. We negotiate the best available terms from our lender panel for each deal.

Where we fund

Ilkeston,
Derbyshire.

Ready when you are

Tell us the deal.
We’ll recommend the structure.

Submit your development finance enquiry in Ilkeston and a partner will come back with an initial structure and indicative terms within one working day. No forms-for-forms’-sake — a short note on the scheme is enough.