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Oakerthorpe, Alfreton, DE55

East Midlands

£290,000
Listed on 28/11/2025

Property Details

Bedrooms
4
Type
Detached house

Description

Explore a distinctive opportunity to transform The Butchers Arms, a historic public house in the charming village of Oakerthorpe, into an elegant four-bedroom residence. With full planning permission in place, this property offers approximately 2,249 sq ft of living space that harmoniously marries historic character with modern amenities. The proposed design showcases four generous bedrooms, three bathrooms (including en-suite options), and three inviting reception rooms tailored for family gatherings and entertaining. The layout also features a spacious kitchen/diner ideal for contemporary lifestyles, as well as practical additions like a separate WC, utility room, and boot room. Outside, enjoy ample outdoor space complemented by a private garden and three allocated parking spaces. This property presents an exceptional project for developers or self-builders eager to capitalize on architectural charm in a highly sought-after location.

Investment Analysis

(DE55 area)
Area Average
£227/sq ft
Avg Rent (weekly)
£185
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£100,000 - £150,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
49
Average per month
Market Turnover
55%
Properties sold annually

Local Market Trend (DE55)

Area prices are rising by +5.3% over the last 12 months
3 year growth: +3.7%
5 year growth: +23.0%
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

Oakerthorpe, Alfreton, DE55
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Mortgage Calculator

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£
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Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,046
Based on a loan of £217,500 over 30 years at 4.06% 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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