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Quarry Road, Somercotes, Alfreton

East Midlands

£180,000
Listed on 12/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This detached family home presents an excellent opportunity for those interested in renovation and investment potential. While the property requires updating, it boasts a solid structure and ample space, making it ideal for first-time buyers, investors, or families looking to customize their living environment. The layout features a welcoming entrance hall that leads into a spacious lounge, complete with an Adam-style fireplace that serves as a charming focal point. Adjacent to the lounge is a separate dining room, offering flexibility for entertaining or family gatherings. The kitchen is equipped with functional wall and base units, and provides access to the rear of the property—an area that can be transformed into a delightful outdoor space. Upstairs, you'll find three well-proportioned bedrooms that offer plenty of natural light through double-glazed windows. The main bedroom includes convenient storage options with an over-stairs cupboard. The bathroom comes with a three-piece suite and presents an excellent canvas for modernization. Outside, the property features a courtyard-style front yard and a side driveway that allows for off-street parking. The rear garden is primarily laid to lawn with an existing patio area—a perfect starting point for landscaping or outdoor improvements. Additionally, there is a brick shed for extra storage needs. Situated in a desirable location, this home’s renovation possibilities are limitless. With some effort and creativity, this property can be transformed into both a comfortable living space and an appealing investment opportunity in today’s market.

Investment Analysis

(DE55 area)
Area Average
£228/sq ft
Avg Rent (weekly)
£180
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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

Quarry Road, Somercotes, Alfreton
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£659
Based on a loan of £135,000 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