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High Street, Stonebroom, Alfreton, DE55

East Midlands

£180,000
Listed on 01/05/2026

Property Details

Bedrooms
3
Type
Detached
Area
1002 sqft

Description

This three-bedroom detached house from the 1970s presents a solid investment opportunity, particularly appealing for those looking to modernise or expand upon the existing structure (subject to planning permission). Nestled within a pleasant neighbourhood, the property features driveway parking, a garage, and a generous rear garden complete with a detached workshop. With a new roof in place, alongside uPVC double glazing and gas central heating already established, the groundwork for a successful renovation is laid. The interior offers potential for reconfiguration and upgrading to meet contemporary living standards.

Investment Analysis

(DE55 area)

Below Market Value

This property is priced -20.3% below area average per sq ft

-20.3%
Potential saving
This Property
£180/sq ft
Area Average
£225/sq ft
Avg Rent (weekly)
£196
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£248,326
10% above area average per sq ft
Potential ROI
+12.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
64
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (DE55)

Area prices are falling by -3.4% over the last 12 months
3 year growth: -2.7%
5 year growth: +14.6%
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

High Street, Stonebroom, Alfreton, DE55
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£642
Based on a loan of £135,000 over 30 years at 3.97% 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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