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The Ridge, Blackwell, Alfreton

East Midlands

£190,000
Listed on 25/02/2024

Property Details

Bedrooms
3
Type
Semi Detached

Description

This three-bedroom semi-detached house presents a promising opportunity for renovation and potential expansion, making it an ideal project for families looking to create their perfect home. The ground floor features a porch, kitchen with functional units, a lounge that welcomes natural light, a conservatory for additional living space, and a bathroom. Upstairs, there are three well-proportioned bedrooms ready for personalisation. The spacious rear garden is primarily laid to lawn and offers considerable scope for extension or additional landscaping (subject to planning permission). Conveniently located near Alfreton town centre, this property is not only accessible but also positioned within close proximity to local amenities and leisure options. An early viewing is advisable to fully appreciate the potential this home holds.

Investment Analysis

(DE55 area)
Area Average
£225/sq ft
Avg Rent (weekly)
£196
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
64
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (DE55)

Area prices are falling by -3.4% over the last 12 months
3 year growth: -2.7%
5 year growth: +14.6%
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
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£678
Based on a loan of £142,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

Price History

-9.5% since listed
£190,000£5,000(-2.6%)
12/04/2026
Current price
£195,000£5,000(-2.5%)
19/10/2024
£200,000£10,000(-4.8%)
18/04/2023
£210,000Initial listing
31/12/2022

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