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Ilkeston, Derbyshire
Bridging Finance
in Ilkeston
Expert bridging finance for property developers in Ilkeston. We connect you with competitive funding from our panel of 100+ lenders.
Ilkeston, Derbyshire
Bridging Finance
in Ilkeston.
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
- £189,375
- Sales (12m)
- 532
- YoY change
- +5.1%
- Approved (recent)
- 105
- Pipeline units
- 676
- Pipeline GDV
- £122.3M
Planning pipeline
Planning activity
in Ilkeston.
6 approved (last 3 months)
·24 pending
·181 units in pipeline·£34.0M estimated GDV·75% approval rate (last 3 months)Recently Approved
| Ref | Proposal | Units | Est. GDV | Status | Date |
|---|---|---|---|---|---|
| PA/2026/0423 | Variation of Conditions - Condition 2 (Approved Plans) - inclusion of a door to … 28 MONYASH CLOSE, ILKESTON, DE7 8PR | - | - | Pending | 12/08/2026 |
| PA/2026/0326 | Change of use to MOT testing centre and vehicle repair / services garage UNIT 3, ACTON AVENUE, LONG EATON, NOTTINGHAM, NG10 1GA | - | - | Pending | 31/07/2026 |
| PA/2026/0074 | Change of use and conversion of barn to form extension to existing dwellinghouse… HAYES PARK FARM, MOSES LANE, MORLEY, ILKESTON, DE7 6GG | 1 | £189,375 | Pending | 28/07/2026 |
| ERE/038696 | Temporary Roof Repairs Stanton Hall Nursing Home, Main Street, Stanton By Dale, Derbyshire, DE7 4QH | - | - | Pending | 13/07/2026 |
| PA/2026/0323 | Prior notification of single storey flat roof rear extension. 35 MAYFIELD GROVE, LONG EATON, NOTTINGHAM, NG10 2AY | - | - | Pending | 24/06/2026 |
Current Applications
| Ref | Proposal | Units | Est. GDV | Status | Date |
|---|---|---|---|---|---|
| PA/2026/0333 | Change of use of the first and second floors of the property to create three x o… THE LOUNGE, 2 BATH STREET, ILKESTON, DE7 8FB | 3 | £300,000 | Pending | |
| PA/2026/0039 | Change of Use to a Country Park (cross-boundary with Broxtowe) BENNERLEY VIADUCT, AWSWORTH ROAD, ILKESTON, DE7 8JF | - | - | 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 | £189,375 | 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 | |
| PA/2026/0327 | Subdivision of plot to erect chalet style two storey dwelling, Erection of detac… 17 DERBY ROAD, RISLEY, DERBY, DE72 3SY | - | - | Pending |
Deal intelligence
Key schemes
in Ilkeston.
Indicative appraisals of the largest residential schemes in the Ilkeston planning pipeline (all currently awaiting decision). These 2 schemes represent an estimated £33.7M in combined GDV across 170 units, with indicative capital stacks for each.
Major Residential Development Awaiting decision
Land West of The Retreat, Hill Top
£31.8M
Estimated GDV
Units
160
GDV / Unit
£199k
Build Cost (Range)
£20.7M–£26.1M
Residual Land Value
Tight
GDV estimated from the HM Land Registry blended median of £189,375 plus a 5% new-build premium (assumed). At benchmark build costs and a 17.5% profit target, viability is tight - land would need to be secured well below prevailing values for this scheme to appraise. Calculate GDV
| Gross Development Value | £31.8M |
| Construction (10,880 sqm @ £2,150/sqm mid) | −£23.4M |
| Externals, fees & contingency | −£6.9M |
| Finance (65% LTGDV, 24m) & sales costs | −£3.7M |
| Developer profit target (17.5% on GDV) | −£5.6M |
| Implied residual land value | Marginal |
Broker insight: A scheme of this scale would typically attract competitive senior development finance at 60-65% LTGDV with mezzanine stretching to 85% LTGDV. Phased drawdowns reduce interest costs. Consider development exit finance to manage sales at your pace.
Residential Development Awaiting decision
52 St Mary Street, Ilkeston
£1.9M
Estimated GDV
Units
10
GDV / Unit
£189k
Build Cost (Range)
£1.0M–£1.3M
Residual Land Value
Tight
GDV estimated from the HM Land Registry blended median of £189,375. At benchmark build costs and a 17.5% profit target, viability is tight - land would need to be secured well below prevailing values for this scheme to appraise. Calculate GDV
| Gross Development Value | £1.9M |
| Construction (850 sqm @ £1,330/sqm mid) | −£1.1M |
| Externals, fees & contingency | −£306k |
| Finance (65% LTGDV, 18m) & sales costs | −£187k |
| Developer profit target (17.5% on GDV) | −£331k |
| Implied residual land value | Marginal |
Broker insight: For a 10-unit scheme in Ilkeston, we would typically structure senior debt at 60-65% LTGDV with mezzanine available to reduce equity to as little as 10%. Run an appraisal to model your returns.
Appraisal assumptions
- GDV: HM Land Registry blended median of £189,375 plus a 5% new-build premium (assumed).
- Build cost: £1,900-£2,400/sqm (new build, indicative range informed by BCIS regional tender-price data, 2025/26) × 68 sqm/unit (NDSS-derived).
- On-costs: externals 12.5%, professional fees 10%, contingency 5%, sales & legals 3.5000000000000004% of GDV. Excludes CIL/Section 106, which vary by charging schedule and scheme.
- Finance: senior facility at 65% LTGDV, 8.5% pa on an average 57.49999999999999% drawdown over 24 months, plus 2.5% arrangement and exit fees.
- Residual land value assumes the industry-standard 17.5% developer profit-on-GDV target. Indicative appraisal, not a valuation or lending offer.
Land Registry data
Recent property sales
in Ilkeston.
532 residential transactions in the last twelve months. Median sold price £189,375 (+5.1% YoY)
Detached
£300,000
Semi-Detached
£195,000
Terraced
£150,000
Flat
£100,000
| Date | Address | Type | Price | Tenure |
|---|---|---|---|---|
| 26 Jun 2026 | 122, NELSON STREETDE7 8PU | Terraced | £175,000 | Freehold |
| 23 Jun 2026 | 1, MERIDIAN CLOSEDE7 8NQ | Semi-Detached | £105,000 | Freehold |
| 22 Jun 2026 | 32, HENSHAW PLACEDE7 8RL | Detached | £180,000 | Freehold |
| 22 Jun 2026 | 27, THE TRIANGLEDE7 4AP | Terraced | £120,000 | Freehold |
| 22 Jun 2026 | 49, ST MARY STREETDE7 8AF | Semi-Detached | £185,650 | Freehold |
| 17 Jun 2026 | 5, NOSKWITH STREETDE7 4BX | Terraced | £239,000 | Freehold |
| 16 Jun 2026 | 53, SPRINGFIELD GARDENSDE7 8JA | Terraced | £122,000 | Freehold |
| 15 Jun 2026 | 29, MAIN STREETDE7 4QH | Semi-Detached | £225,000 | Freehold |
| 8 Jun 2026 | 18, THURMAN STREETDE7 4AQ | Terraced | £145,000 | Freehold |
| 5 Jun 2026 | 4, CHALONS CLOSEDE7 5PX | Semi-Detached | £162,000 | Freehold |
Source: HM Land Registry price paid data, 12 months to August 2026 · Erewash Borough Council planning register, retrieved August 2026. Contains HM Land Registry data © Crown copyright and database right, licensed under the Open Government Licence v3.0.
Indicative terms
Bridging Finance rates
for Ilkeston deals.
Typical pricing for bridging finance in Ilkeston. Actual terms depend on GDV, leverage, location and your experience — the numbers below are where most structured deals land.
Interest Rate
From 6.5% p.a.
Loan to Value
Up to 70% LTGDV
Typical Term
12-24 months
Arrangement Fee
1-2% of facility
Indicative only, subject to individual assessment. Actual terms issued against a completed Deal Room submission.
Representative deal
Example bridging finance
structure.
Illustrative 9-Unit Scheme, Ilkeston
An indicative appraisal for a nine-unit residential scheme priced at Ilkeston's own HM Land Registry medians with the locally measured new-build premium applied. Build costs use the regional £/sqm benchmark; every figure updates with the underlying market data.
GDV
£1,843,000
Loan Amount
£1,198,000
LTV
65% LTGDV
Loan Type
Bridging Finance
Representative only. Actual terms vary based on scheme specifics and are issued after underwriting.
Common questions
Bridging Finance in Ilkeston
— answered.
How active is the development pipeline in Ilkeston?
The Erewash Borough Council planning register currently shows 24 residential applications awaiting decision in Ilkeston, together proposing 180 units — the largest single scheme proposes 160 units. An active pipeline signals both developer confidence in local demand and lender familiarity with the market, which typically translates into more competitive finance terms.
Market intelligence
Local market
reports.
5 min read
Ilkeston Property Market: House Prices, Sold Data & Development Finance, End of H1 2026
Median price £184,500, 540 sales, +1.4% YoY. Derbyshire county.
6 min read
Derbyshire Property Market: Prices, Trends & Development Finance, End of H1 2026
8 towns analysed. Median price £217,000, 9,323 transactions, -2.3% YoY.
Ready when you are
Tell us the deal.
We’ll recommend the structure.
Submit your Bridging 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.
Where we fund
Ilkeston,
Derbyshire.
Adjacent products
Other services
in Ilkeston.
Development Finance
From 6.5% p.a. · Up to 65-70% LTGDV
Mezzanine Finance
From 12% p.a. · Up to 85-90% LTGDV
Bridging Loans
From 0.55% p.m. · Up to 75% LTV
Equity & Joint Ventures
Profit share from 40% · Up to 100% of costs
Refurbishment Finance
From 0.65% p.m. · Up to 75% LTV
Commercial Mortgages
From 5.5% p.a. · Up to 75% LTV
Development Exit Finance
From 0.55% p.m. · Up to 75% LTV
Nearby markets