Worst House on the Street Logo
1 Chesterfield Road, Oakerthorpe, Alfreton, Derbyshire, DE55 7LN - Image 1
1 Chesterfield Road, Oakerthorpe, Alfreton, Derbyshire, DE55 7LN - Image 2
1 Chesterfield Road, Oakerthorpe, Alfreton, Derbyshire, DE55 7LN - Image 3
1 Chesterfield Road, Oakerthorpe, Alfreton, Derbyshire, DE55 7LN - Image 4
1 Chesterfield Road, Oakerthorpe, Alfreton, Derbyshire, DE55 7LN - Image 5
1 Chesterfield Road, Oakerthorpe, Alfreton, Derbyshire, DE55 7LN - Image 6
1 Chesterfield Road, Oakerthorpe, Alfreton, Derbyshire, DE55 7LN - Image 7
1 Chesterfield Road, Oakerthorpe, Alfreton, Derbyshire, DE55 7LN - Image 8
1 Chesterfield Road, Oakerthorpe, Alfreton, Derbyshire, DE55 7LN - Image 9
1 Chesterfield Road, Oakerthorpe, Alfreton, Derbyshire, DE55 7LN - Image 10
1 Chesterfield Road, Oakerthorpe, Alfreton, Derbyshire, DE55 7LN - Image 11
1 Chesterfield Road, Oakerthorpe, Alfreton, Derbyshire, DE55 7LN - Image 12
1 Chesterfield Road, Oakerthorpe, Alfreton, Derbyshire, DE55 7LN - Image 13
1 Chesterfield Road, Oakerthorpe, Alfreton, Derbyshire, DE55 7LN - Image 14
1 Chesterfield Road, Oakerthorpe, Alfreton, Derbyshire, DE55 7LN - Image 15
1 Chesterfield Road, Oakerthorpe, Alfreton, Derbyshire, DE55 7LN - Image 16
1 Chesterfield Road, Oakerthorpe, Alfreton, Derbyshire, DE55 7LN - Image 17
1 Chesterfield Road, Oakerthorpe, Alfreton, Derbyshire, DE55 7LN - Image 18
1 Chesterfield Road, Oakerthorpe, Alfreton, Derbyshire, DE55 7LN - Image 19
1 Chesterfield Road, Oakerthorpe, Alfreton, Derbyshire, DE55 7LN - Image 20

1 Chesterfield Road, Oakerthorpe, Alfreton, Derbyshire, DE55 7LN

East Midlands

£150,000

Listed on 18/06/2026

Property Details

Bedrooms
3
Type
Detached
Area
457 sqft

Description

This vacant three-bedroom detached house presents a significant renovation opportunity for investors or buyers looking to create their ideal home. With a robust structure in place, the property requires a comprehensive refurbishment scheme to address existing issues highlighted by an Improvement Notice issued in 2024 under the Housing Act. Essential updates include the installation of a handrail for the staircase, external guarding on steps, and replacement of the extractor hood, alongside necessary repairs to cracked external paving. The property’s layout features two reception rooms, a kitchen, a bathroom, and three bedrooms upstairs—ideal for family living. External space includes a driveway, side and rear gardens, and a detached garage. Conveniently located near Alfreton with easy access to local amenities and transport links via the A38 and M1, this property also offers substantial potential to improve its Energy Performance Asset Rating, currently marked as F. This is an appealing project for those looking to invest in an area with promising connectivity and community resources.

Investment Analysis

(DE55 area)

Above Market Value

This property is priced +45.7% above area average per sq ft

+45.7%
This Property
£328/sq ft
Area Average
£225/sq ft
Avg Rent (weekly)
£192
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£113,208
10% above area average per sq ft
Potential ROI
-38.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
52
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (DE55)

Area prices are falling by -5.5% over the last 12 months
3 year growth: -4.7%
5 year growth: +11.8%
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

1 Chesterfield Road, Oakerthorpe, Alfreton, Derbyshire, DE55 7LN
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£567
Based on a loan of £112,500 over 30 years at 4.45% 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.