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Grange Street, Alfreton, DE55

East Midlands

£109,950
Listed on 04/03/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
812 sqft

Description

This traditional semi-detached home presents a prime opportunity for those looking to invest or embark on a DIY renovation project. Offered with no onward chain, the property is conveniently located near town amenities, providing easy access to both local conveniences and major transport links including the A38 and M1 motorway junction 28. The gas centrally heated and UPVC double-glazed property layout includes a lounge, dining room, and kitchen on the ground floor, while the first floor houses two double bedrooms and a family bathroom. The enclosed rear garden features a brick-built outbuilding that requires some attention, along with a greenhouse. This property holds significant potential for modernisation, making it an appealing option for homebuyers who envision creating their ideal living space.

Investment Analysis

(DE55 area)

Below Market Value

This property is priced -40.2% below area average per sq ft

-40.2%
Potential saving
This Property
£135/sq ft
Area Average
£227/sq ft
Avg Rent (weekly)
£185
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£202,399
10% above area average per sq ft
Potential ROI
+50.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
49
Average per month
Market Turnover
55%
Properties sold annually

Local Market Trend (DE55)

Area prices are rising by +5.3% over the last 12 months
3 year growth: +3.7%
5 year growth: +23.0%
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

Grange Street, Alfreton, DE55
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£397
Based on a loan of £82,462 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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