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Grange Street, Alfreton, DE55

East Midlands

£99,950
Listed on 20/04/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
812 sqft

Description

This traditional semi-detached house presents an excellent opportunity for both DIY enthusiasts and investors looking to enhance a property with significant potential. Situated in a sought-after area, this home offers easy access to local amenities, making it a convenient choice for future residents. The property features gas central heating and double glazing throughout, with a layout that includes a lounge, dining room, and kitchen on the ground floor, alongside two double bedrooms and a family bathroom on the first floor. The good-sized rear garden is enclosed, providing a private outdoor space that could be revitalized with landscaping or garden design. Additionally, there's a brick-built outbuilding that requires attention—ideal for conversion into usable storage or work space. With its proximity to major road links like the A38 and M1 junction 28, this property stands as an appealing investment prospect ready for modernisation.

Investment Analysis

(DE55 area)

Below Market Value

This property is priced -45.2% below area average per sq ft

-45.2%
Potential saving
This Property
£123/sq ft
Area Average
£225/sq ft
Avg Rent (weekly)
£190
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£200,523
10% above area average per sq ft
Potential ROI
+48.6%
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

Grange Street, Alfreton, 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
£354
Based on a loan of £74,962 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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