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New Street, Hilcote, Alfreton

East Midlands

£235,000
Listed on 14/04/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

Situated in the quaint village of Hilcote, Alfreton, this semi-detached home presents a remarkable opportunity for those seeking to invest in a property brimming with potential. The blend of period charm and the scope for modern improvements makes it an ideal candidate for refurbishment, especially appealing to families, professionals, or investors looking to add value. The ground floor features a flexible living room with dual aspect windows that invite abundant natural light, making it a versatile space suitable for various configurations—whether you want a cozy lounge, an elegant dining area, or a functional home office. The kitchen at the rear is equipped and spacious enough for additional dining furniture, providing further options for customization and enhancement. Completing this level is a convenient WC.

Upstairs, you will find two comfortably sized bedrooms ready for your personal touch and an additional family bathroom. The second floor boasts the master bedroom with eaves storage that adds character and functionality.

Externally, the property offers an expansive garden that could be transformed into your private retreat or entertaining space—an excellent asset for any future homeowner. The front also features a garage and potential driveway which can enhance practicality. This property stands as a blank canvas awaiting your vision to turn it into a truly special residence.

Investment Analysis

(DE55 area)
Area Average
£225/sq ft
Avg Rent (weekly)
£190
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
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

New Street, Hilcote, Alfreton
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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
£832
Based on a loan of £176,250 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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