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High Street, Tibshelf, Alfreton, Derbyshire, DE55

East Midlands

£125,000

Listed on 21/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1221 sqft

Description

This three-bedroom terraced house presents a promising opportunity for renovation enthusiasts and investors in the desirable village of Tibshelf, near Alfreton. The property features a traditional layout that is well-suited for first-time buyers or families looking to create their ideal home through modernization. The ground floor includes a spacious lounge with dual windows allowing ample natural light, along with a separate dining room that provides access to two cellars—one currently functioning as a workshop equipped with power and lighting. The kitchen is fitted with basic wall and base units, and opens into a conservatory that overlooks the rear garden, perfect for transforming into additional living space or an office area. The upper floor consists of a double master bedroom alongside another double bedroom and a generously sized single bedroom, all offering potential for aesthetic upgrades. The shower room features essential amenities but may require modern touches. Outside, the rear garden boasts established plants and shrubbery, creating an inviting outdoor area ripe for enhancement. Tibshelf benefits from local amenities including shops and schools, making it an appealing location for families. Additionally, convenient transport links via Alfreton railway station enhance its attractiveness for commuters. Overall, this property offers significant potential for those looking to invest in refurbishment while enjoying the charm of village life.

Investment Analysis

(DE55 area)

Below Market Value

This property is priced -54.6% below area average per sq ft

-54.6%
Potential saving
This Property
£102/sq ft
Area Average
£225/sq ft
Avg Rent (weekly)
£196
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£302,600
10% above area average per sq ft
Potential ROI
+101.7%
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, Tibshelf, Alfreton, Derbyshire, 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
£446
Based on a loan of £93,750 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.

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