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Victoria Street, South Normanton, Alfreton, Derbyshire, DE55 - Image 1
Victoria Street, South Normanton, Alfreton, Derbyshire, DE55 - Image 2
Victoria Street, South Normanton, Alfreton, Derbyshire, DE55 - Image 3
Victoria Street, South Normanton, Alfreton, Derbyshire, DE55 - Image 4
Victoria Street, South Normanton, Alfreton, Derbyshire, DE55 - Image 5
Victoria Street, South Normanton, Alfreton, Derbyshire, DE55 - Image 6
Victoria Street, South Normanton, Alfreton, Derbyshire, DE55 - Image 7
Victoria Street, South Normanton, Alfreton, Derbyshire, DE55 - Image 8
Victoria Street, South Normanton, Alfreton, Derbyshire, DE55 - Image 9
Victoria Street, South Normanton, Alfreton, Derbyshire, DE55 - Image 10
Victoria Street, South Normanton, Alfreton, Derbyshire, DE55 - Image 11
Victoria Street, South Normanton, Alfreton, Derbyshire, DE55 - Image 12

Victoria Street, South Normanton, Alfreton, Derbyshire, DE55

East Midlands

£75,000
Listed on 19/01/2026

Property Details

Bedrooms
2
Type
Terraced
Area
723 sqft

Description

This traditional two-bedroom terraced house presents a promising opportunity for renovation enthusiasts and savvy investors. Located conveniently near major transport routes A38 and M1, as well as local schools and village amenities, the property is offered with no upward chain, making it an attractive prospect for those looking to add value through refurbishment. The gas centrally heated and UPVc double-glazed home features a lounge and a dining kitchen equipped with basic wood effect units. There are two spacious double bedrooms on the first floor, along with a family bathroom that retains its original three-piece suite. Externally, the rear garden includes a concrete patio and lawn area, both requiring some attention but offering potential for landscaping or outdoor living enhancements. With some creative vision and DIY skills, this property could be transformed into a comfortable residence or appealing rental opportunity.

Investment Analysis

(DE55 area)

Below Market Value

This property is priced -53.8% below area average per sq ft

-53.8%
Potential saving
This Property
£104/sq ft
Area Average
£225/sq ft
Avg Rent (weekly)
£190
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£178,545
10% above area average per sq ft
Potential ROI
+78.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
56
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (DE55)

Area prices are rising by +2.3% over the last 12 months
3 year growth: +0.7%
5 year growth: +18.6%
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

Victoria Street, South Normanton, Alfreton, Derbyshire, DE55
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£266
Based on a loan of £56,250 over 30 years at 3.91% 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.

Stamp Duty Calculator

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