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Bamford Street, Newton, Alfreton, Derbyshire

East Midlands

£160,000

Listed on 29/06/2026

Property details

Bedrooms
2
Type
Semi Detached
Area
770 sqft

Description

This two-bedroom semi-detached home, now vacant, offers a prime opportunity for renovation enthusiasts and savvy investors looking to shape a property to their personal vision. Nestled in a popular residential area of Alfreton and conveniently close to the town centre with accessible transport links, this house features two reception rooms and generously sized bedrooms that could be reimagined into modern living spaces. While it is currently undergoing partial renovations, the property stands as a blank canvas awaiting completion and customization. The ground floor layout offers an inviting entrance leading to the spacious reception areas, which provide flexibility for both living and dining arrangements. At the rear, a kitchen opens out to a substantial garden that not only enhances outdoor potential but also presents possibilities for further expansion upon receiving necessary permissions. On the first floor, you'll find two bright double bedrooms with ample proportions, perfect for contemporary furnishings or potential reconfiguration. The overall structure of the home supports a variety of design choices, making this an intriguing project for developers or homeowners eager to invest sweat equity into their new abode. Externally, along with a sizable garden suitable for landscaping or outdoor entertaining, there’s on-street parking available at the front along with side access for convenience. The location boasts easy access to reputable schools and recreational facilities such as Alfreton Park and local leisure centres, while commuters will appreciate quick transport options via Alfreton railway station and major roads leading towards Nottingham, Derby, Sheffield, and beyond.

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Investment analysis

(DE55 area)

Below Market Value

This property is priced -7.7% below area average per sq ft

-7.7%
Potential saving
This Property
£208/sq ft
Area Average
£225/sq ft
Avg Rent (weekly)
£192
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£190,744
10% above area average per sq ft
Potential ROI
-4.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Bamford Street, Newton, Alfreton, Derbyshire
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£604
Based on a loan of £120,000 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

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