Worst House on the Street Logo
Church Street, South Normanton, Alfreton, Derbyshire, DE55 - Image 1
Church Street, South Normanton, Alfreton, Derbyshire, DE55 - Image 2
Church Street, South Normanton, Alfreton, Derbyshire, DE55 - Image 3
Church Street, South Normanton, Alfreton, Derbyshire, DE55 - Image 4
Church Street, South Normanton, Alfreton, Derbyshire, DE55 - Image 5
Church Street, South Normanton, Alfreton, Derbyshire, DE55 - Image 6
Church Street, South Normanton, Alfreton, Derbyshire, DE55 - Image 7
Church Street, South Normanton, Alfreton, Derbyshire, DE55 - Image 8
Church Street, South Normanton, Alfreton, Derbyshire, DE55 - Image 9
Church Street, South Normanton, Alfreton, Derbyshire, DE55 - Image 10
Church Street, South Normanton, Alfreton, Derbyshire, DE55 - Image 11

Church Street, South Normanton, Alfreton, Derbyshire, DE55

East Midlands

£80,000
Listed on 19/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
1080 sqft

Description

This mixed-use property in South Normanton presents a unique opportunity for renovation and investment. The structure features both commercial and residential elements, allowing for multiple avenues of potential growth. On the ground floor, you’ll find a generous commercial space that includes a large main room suitable for various business applications, complemented by a smaller room ideal for office use or storage. Additionally, there are WC facilities and access to a cellar, offering valuable extra storage options. Notably, this area benefits from permitted development rights, which allows for straightforward conversion to residential use. This opens up possibilities for creating additional living space or even a self-contained apartment, subject to adherence to building regulations. The residential component above consists of a flat that spans two floors. It includes two bedrooms—one spacious double and a single—along with a family bathroom, lounge/diner, and fitted kitchen. The flat has significant renovation needs but provides an excellent canvas for buyers looking to add value through modernization and personalization. Located in the desirable village of South Normanton, the property is well-positioned within close proximity to local amenities, schools, and efficient transport links. The M1 motorway (Junction 28) is just minutes away, facilitating easy access to major cities like Derby, Nottingham, and Sheffield. Furthermore, nearby Alfreton enhances the appeal with its additional shopping and leisure options. In summary, this property not only offers a mixed-use layout but also aligns well with investment opportunities given its renovation potential and strategic location.

Investment Analysis

(DE55 area)

Below Market Value

This property is priced -67.5% below area average per sq ft

-67.5%
Potential saving
This Property
£74/sq ft
Area Average
£228/sq ft
Avg Rent (weekly)
£180
Avg Yield
4.3%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£271,161
10% above area average per sq ft
Potential ROI
+171.2%
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

Church Street, South Normanton, Alfreton, Derbyshire, DE55
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£293
Based on a loan of £60,000 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE