Worst House on the Street Logo
Carter Lane West, South Normanton, Alfreton - Image 1
Carter Lane West, South Normanton, Alfreton - Image 2
Carter Lane West, South Normanton, Alfreton - Image 3
Carter Lane West, South Normanton, Alfreton - Image 4
Carter Lane West, South Normanton, Alfreton - Image 5
Carter Lane West, South Normanton, Alfreton - Image 6
Carter Lane West, South Normanton, Alfreton - Image 7
Carter Lane West, South Normanton, Alfreton - Image 8
Carter Lane West, South Normanton, Alfreton - Image 9
Carter Lane West, South Normanton, Alfreton - Image 10
Carter Lane West, South Normanton, Alfreton - Image 11

Carter Lane West, South Normanton, Alfreton

East Midlands

£250,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
988 sqft

Description

This spacious detached bungalow presents a valuable opportunity for renovation and potential development, subject to the necessary planning permissions. Set on a generous plot, the property includes a fitted kitchen, a utility area/porch, a comfortable sitting room, and a conservatory that enhances the living space. With three well-sized bedrooms, a bathroom, and a separate wet room, it offers ample accommodation that can be tailored to modern tastes. Notable features include UPVC double glazing and gas central heating. The exterior boasts significant outdoor space with ample parking options and a garage, alongside a sizable rear garden that could be transformed into an inviting outdoor area or even landscaped for enhanced appeal. This bungalow is ripe for improvement and offers significant potential for those looking to invest in property enhancement.

Investment Analysis

(DE55 area)

Above Market Value

This property is priced +12.7% above area average per sq ft

+12.7%
This Property
£253/sq ft
Area Average
£225/sq ft
Avg Rent (weekly)
£188
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£243,987
10% above area average per sq ft
Potential ROI
-18.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
42%
Properties sold annually

Local Market Trend (DE55)

Area prices are rising by +5.5% over the last 12 months
3 year growth: +4.4%
5 year growth: +24.5%
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

Carter Lane West, South Normanton, Alfreton
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£902
Based on a loan of £187,500 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates