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Bishop Street, Alfreton

East Midlands

£175,000
Listed on 29/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

Presenting a remarkable investment opportunity on Bishop Street in Alfreton, this semi-detached property comes with the added advantage of an adjacent plot of land. While the house is primed for modernization, it offers a three-bedroom layout with two reception rooms, a kitchen, and two porches, providing a solid foundation for renovations. The presence of off-road parking and a partially constructed detached garage enhances its appeal for potential enhancement. On the upper level, three bedrooms share access to a bathroom that can be updated to meet modern standards. The generous corner plot not only allows for comfortable outdoor space but also opens the door to future development possibilities, pending planning approval. The established front and rear gardens further add to the property's charm, making it an ideal candidate for thoughtful refurbishment and expansion potential. Viewings are strongly recommended to fully grasp both the renovation prospects and land development opportunities this property offers.

Investment Analysis

(DE55 area)
Area Average
£225/sq ft
Avg Rent (weekly)
£188
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
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

Bishop Street, Alfreton
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£631
Based on a loan of £131,250 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.

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