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Chesterfield Road, Tibshelf, Alfreton, Derbyshire DE55 - Image 1
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Chesterfield Road, Tibshelf, Alfreton, Derbyshire DE55

East Midlands

£375,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1076 sqft

Description

This stone-fronted end-terrace cottage presents a significant renovation and development opportunity, sitting on approximately 0.28 acres in a desirable semi-rural area. Currently featuring three spacious double bedrooms, including an en-suite in the master suite, this property offers ample living space with an inviting lounge that boasts a log burner and timber beams, coupled with a traditional oak-fitted kitchen diner. The layout includes a modern bathroom and extensive grounds with mature gardens, ideal for various landscaping ideas. Additionally, the cottage benefits from planning permission for the construction of two detached dwellings, providing further investment potential. The exterior is complemented by a gated driveway accommodating multiple vehicles, a detached garage, and several outbuildings that could be repurposed for storage or creative projects. With proximity to local amenities, schools, and transport links, this property holds considerable appeal for those looking to undertake a renovation project or capitalize on new developments.

Investment Analysis

(DE55 area)

Above Market Value

This property is priced +52.7% above area average per sq ft

+52.7%
This Property
£349/sq ft
Area Average
£228/sq ft
Avg Rent (weekly)
£180
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £70,000
Target Value
£270,157
10% above area average per sq ft
Potential ROI
-39.3%
After renovation
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

Chesterfield Road, Tibshelf, Alfreton, Derbyshire DE55
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,374
Based on a loan of £281,250 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.

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