Worst House on the Street Logo
The Ridge, Blackwell, Alfreton - Image 1
The Ridge, Blackwell, Alfreton - Image 2
The Ridge, Blackwell, Alfreton - Image 3
The Ridge, Blackwell, Alfreton - Image 4
The Ridge, Blackwell, Alfreton - Image 5
The Ridge, Blackwell, Alfreton - Image 6
The Ridge, Blackwell, Alfreton - Image 7
The Ridge, Blackwell, Alfreton - Image 8
The Ridge, Blackwell, Alfreton - Image 9
The Ridge, Blackwell, Alfreton - Image 10
The Ridge, Blackwell, Alfreton - Image 11

The Ridge, Blackwell, Alfreton

East Midlands

£195,000
Listed on 19/10/2024

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This semi-detached house features three bedrooms and presents a versatile opportunity for renovation and investment. The ground floor includes a welcoming porch leading to a spacious living room, a functional kitchen, a conservatory, and a bathroom. The first floor accommodates all three bedrooms, providing ample space for a family or the potential for reconfiguration. The layout is practical, with an entrance hall that connects to the main living areas. The living room has a front-facing double-glazed window that allows natural light to fill the space. Adjacent to it is the kitchen, equipped with wall and base units, double ovens, and a gas hob. There’s also convenient access to the conservatory through French doors, which could serve as an excellent additional living area. The property’s outdoor space is one of its standout features. The rear garden is generously proportioned and primarily laid to lawn, offering significant potential for extension or other developments—subject to planning permission—which can enhance its value significantly. The front garden provides off-street parking, accommodating multiple vehicles. Located near Alfreton town center, residents will benefit from local shops and services while enjoying proximity to walking paths and green spaces. This property not only serves as a comfortable family home but also holds great promise for those looking to invest in renovations or expansions that align with modern living needs. An early viewing is advised to fully appreciate the possibilities this home presents.

Investment Analysis

(DE55 area)
Area Average
£228/sq ft
Avg Rent (weekly)
£180
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (DE55)

Area prices are rising by +5.1% over the last 12 months
3 year growth: 5.2%
5 year growth: 24.0%
Investment Disclaimer: Analysis based on DE55 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

The Ridge, Blackwell, Alfreton
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£714
Based on a loan of £146,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE