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Windmill Rise, Alfreton, DE55 2AZ

East Midlands

£210,000

Listed on 14/07/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
1255 sqft

Description

This former police house offers an expansive 1255 square feet of living space and is available without any chain delays. It presents a fantastic opportunity for various buyers, including young families or professionals looking to invest in their first home, as well as those seeking to downsize while still getting great value for their money. The property boasts considerable potential for expansion, with ample space to extend the side and rear (subject to planning permissions). The westerly rear aspect provides plenty of late summer sunlight, enhancing the appeal of the outdoor space. Inside, the home features fresh decor with newly laid carpets and a recently installed boiler, yet it remains a blank canvas ready for personal touches. The layout includes an internal hallway, a front lounge with French doors leading to the garden, a separate dining room or home office, a large ground floor shower room, and an extended kitchen at the rear. Upstairs reveals three spacious bedrooms along with a modern bathroom suite. Additionally, this property offers scenic views across the Derbyshire countryside. The sizable plot is one of its standout features; the mature rear garden not only provides privacy but also presents opportunities for further development. A large driveway leads to a detached brick garage and spaces for parking off-road. Located within walking distance of South Normanton village's amenities and only a mile from Alfreton Train Station with easy access to the M1 motorway, this property is ideally situated for convenient living. Early viewing is encouraged to fully appreciate its potential.

Investment analysis

(DE55 area)

Below Market Value

This property is priced -25.3% below area average per sq ft

-25.3%
Potential saving
This Property
£167/sq ft
Area Average
£224/sq ft
Avg Rent (weekly)
£197
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£309,301
10% above area average per sq ft
Potential ROI
+23.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Windmill Rise, Alfreton, DE55 2AZ
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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
£793
Based on a loan of £157,500 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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