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Cherry Tree Cottage, Birkinstyle Lane, Shirland, Alfreton

East Midlands

£299,950

Listed on 09/07/2026

Property details

Bedrooms
4
Type
House
Area
1474 sqft

Description

Nestled in the quaint village of Shirland, this historic cottage offers a substantial opportunity for renovation and investment. While priced to account for necessary modernisation, it boasts a wealth of original features that can be revitalised to enhance its charm and value. The well-proportioned ground floor includes an expansive 26ft lounge with a log burning stove and traditional fireplace, paired with a spacious 'L' shaped dining kitchen that opens directly onto the garden, ideal for creating a seamless indoor-outdoor living experience. A versatile rear porch could serve as an office or study, complemented by an additional bathroom on this level. Upstairs, you'll find four generous double bedrooms, one featuring independent access—perfect for conversions into a home office or guest annexe—and another bathroom. Outside, the property benefits from a cottage garden with multiple seating areas and plenty of room for outdoor entertaining. With parking available for two cars and an accompanying garage, this home presents not only practicality but also potential for growth within the local community. The secure garden is particularly suited for pet owners who appreciate access to local walking routes. With easy transport links to Alfreton and further afield, including the Peak District nearby, this cottage could become your ideal family retreat while also offering exciting opportunities for enhancement.

Investment analysis

(DE55 area)

Below Market Value

This property is priced -9.2% below area average per sq ft

-9.2%
Potential saving
This Property
£203/sq ft
Area Average
£224/sq ft
Avg Rent (weekly)
£197
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £45,000
Target Value
£363,275
10% above area average per sq ft
Potential ROI
+5.3%
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

Cherry Tree Cottage, Birkinstyle Lane, Shirland, 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
£1,133
Based on a loan of £224,962 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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