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Crays Hill, Leabrooks, Alfreton, Derbyshire

East Midlands

£435,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1497 sqft

Description

This traditional detached home represents a unique opportunity for buyers looking to invest in a property with substantial renovation and development potential. With an expansive rear garden, there is not only room for relaxation and entertainment but also possibilities for extension or redevelopment, pending the necessary planning permissions. The layout features a welcoming entrance hallway, modern ground floor shower room/WC, a lounge with a fireplace, separate dining room leading to a conservatory, and a fitted kitchen. Upstairs includes three double bedrooms plus an additional box room/storage area, along with another modern shower room and separate WC. The house benefits from gas central heating and double glazing throughout. The generous driveway allows ample parking space alongside a garage and workshop, catering to those with hobbies or multiple vehicles. Located on the Leabrooks/Swanwick border, this property is well-positioned near local amenities such as schools and shops while offering easy access to major roads like the A38 and M1. For commuters, Alfreton station provides train services to London St Pancras and other key destinations. Given its size and flexibility in layout, this property could easily be tailored to suit personal preferences and lifestyle needs, making it an ideal project for individuals seeking to create their dream home.

Investment Analysis

(DE55 area)

Above Market Value

This property is priced +27.3% above area average per sq ft

+27.3%
This Property
£291/sq ft
Area Average
£228/sq ft
Avg Rent (weekly)
£180
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£375,859
10% above area average per sq ft
Potential ROI
-22.5%
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

Crays Hill, Leabrooks, Alfreton, Derbyshire
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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
£1,594
Based on a loan of £326,250 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