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Alfreton Road, Alfreton, DE55 - Image 1
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Alfreton Road, Alfreton, DE55

East Midlands

£315,000
Listed on 12/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
917 sqft

Description

This three-bedroom property presents a noteworthy opportunity for renovation and investment, ideally suited for families or first-time buyers eager to infuse their personal touch into a new home. Located along the bustling Alfreton Road, the house offers both convenience and accessibility to local amenities while maintaining a degree of privacy. Upon entry, you're greeted by a spacious hallway that leads into a generous lounge area, designed for comfortable living and entertaining. The separate kitchen, which overlooks the expansive rear garden, provides ample space for culinary endeavors and potential modern updates. This layout allows for easy modifications to enhance the home's functionality and aesthetics. The upper level features three bedrooms: two sizeable doubles that can accommodate various needs—whether as sleeping quarters or versatile spaces—and a third room that could serve as a child's bedroom, office, or dressing area. The practicality of having a separate shower room and WC on the first floor adds to the overall convenience of daily living. One of the standout aspects of this property is its large rear garden. This outdoor space offers significant potential for gardening enthusiasts or families seeking an area for children’s play, gatherings, or simply enjoying time outdoors in a tranquil setting. Situated near schools, shopping facilities, and transport links, this location ensures an easy commute while benefiting from nearby conveniences. With some thoughtful renovations, this house has the potential to transform into a warm family home while also serving as an investment opportunity in a desirable Derbyshire area. This property invites you to envision its possibilities and consider how it can be tailored to meet your needs while increasing its value over time.

Investment Analysis

(DE55 area)

Above Market Value

This property is priced +50.5% above area average per sq ft

+50.5%
This Property
£344/sq ft
Area Average
£228/sq ft
Avg Rent (weekly)
£180
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£230,236
10% above area average per sq ft
Potential ROI
-33.3%
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

Alfreton Road, Alfreton, 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
£1,154
Based on a loan of £236,250 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