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Pennine Avenue, Riddings, Alfreton

East Midlands

£190,000
Listed on 22/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This two-bedroom semi-detached bungalow offers a solid foundation for renovation and investment, situated on a generously sized plot in a sought-after neighborhood. The property features a spacious layout, ideal for those looking to modernize and make it their own while also presenting potential for future enhancements. Upon entering, you are greeted by an entrance hallway that connects to the various living spaces, including a comfortable lounge and two well-proportioned bedrooms. The kitchen, with its ample wall and base units, provides views of the backyard and features practical elements such as a utility room and additional cloakroom facilities. The exterior of the property is equally appealing. The front garden is framed by a low stone wall, offering both curb appeal and the possibility for off-road parking with appropriate permissions. The large rear garden is primarily laid to lawn, providing an excellent canvas for landscaping or outdoor entertainment space. This bungalow's location further adds to its attractiveness as an investment opportunity. It’s close to local amenities and transport links, making it suitable for families or individuals seeking easy access to nearby services and recreational areas. With no onward chain, this property is move-in ready yet holds significant promise for those eager to implement their vision with renovations. Viewings are recommended to appreciate the potential this home has to offer fully. It's an excellent opportunity for anyone looking to invest in a space they can personalize over time.

Investment Analysis

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

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
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

Pennine Avenue, Riddings, Alfreton
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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
£696
Based on a loan of £142,500 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