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Lavender Road, Swanwick, Alfreton

East Midlands

£130,000Guide Price

Listed on 02/07/2026

Property details

Bedrooms
2
Type
Semi Detached Bungalow
Area
843 sqft

Description

This two-bedroom bungalow presents a remarkable investment opportunity, situated on a substantial plot in a desirable residential area. While the property requires complete modernisation and renovation, it offers generous single-storey living with well-sized rooms including a hall, lounge with a conservatory, fitted kitchen, family bathroom, and two bedrooms. The expansive enclosed rear garden is particularly noteworthy, providing a blank canvas for landscaping or potential extensions (subject to planning consent). Ample off-road parking is available alongside a detached garage. This property is ideal for those looking to personalise their space and increase its market value through refurbishment. Interested buyers should consider viewing to fully appreciate the scope this property has to offer.

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Investment analysis

(DE55 area)

Below Market Value

This property is priced -31.2% below area average per sq ft

-31.2%
Potential saving
This Property
£154/sq ft
Area Average
£224/sq ft
Avg Rent (weekly)
£197
Avg Yield
4.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£207,762
10% above area average per sq ft
Potential ROI
+15.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (DE55)

Area prices are falling by -5.6% over the last 12 months
3 year growth: -5.3%
5 year growth: +10.2%
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

Lavender Road, Swanwick, Alfreton
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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
£491
Based on a loan of £97,500 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

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