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Greenhill Lane, Leabrooks, ALFRETON - Image 1
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Greenhill Lane, Leabrooks, ALFRETON

East Midlands

£170,000

Listed on 18/09/2026

The listing

Property details

Bedrooms
3
Type
Semi Detached
Area
909 sqft

Description

This semi-detached house presents an exciting investment opportunity, featuring planning permission for the construction of an additional semi-detached dwelling on the adjacent land. With three bedrooms, this property is ideal for those looking to renovate and expand. The generous plot allows for a blank canvas, perfect for investors or developers seeking to modernize the existing space. Internally, the home comprises an entrance hall leading to a lounge and dining room, providing ample living space. The breakfast kitchen is equipped with wall and base units and includes plumbing for a washing machine. On the first floor, there are three bedrooms along with a bathroom fitted with a three-piece suite. The property benefits from gas heating and double-glazed windows throughout. Externally, the house is situated on a corner plot with gardens to the front, side, and rear, enhancing its appeal and potential for further development. This property is being sold as a blank canvas for those looking to create their ideal home or investment project.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

56out of 100
Grade DWeak opportunity

Confidence: MEDIUM

This semi-detached house presents an appealing opportunity for renovation and expansion, particularly given its asking price of £170,000, which is notably below the local average at £187/sqf compared to £224/sqf. The property, while dated and in need of general refurbishment throughout, offers a blank canvas for buyers looking to enhance its value. With planning permission already granted for an additional dwelling on the adjacent land, there is significant scope for investment and development.

Inside, the home features a traditional layout with three bedrooms, a lounge, and a dining room, all showcasing basic finishes that reflect its age. The kitchen and bathroom are functional but could greatly benefit from modernisation. The garden, although currently overgrown, provides ample outdoor space that is ripe for improvement. However, potential buyers should note that the all-in costs—including purchase and refurbishment—appear tight against local benchmarks, underscoring the need for careful financial planning to ensure a profitable investment.

Key opportunities

  • Planning permission granted for an additional semi-detached dwelling, enhancing potential value.
  • Generous corner plot providing scope for garden enhancement and outdoor living space.
  • Dated interiors offer a chance for buyers to modernise and create a personalized home.

Key risks

  • General condition requires attention, with wear observed throughout the property.
  • All-in costs appear tight versus local benchmarks, requiring prudent financial management.

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Map

Location

Greenhill Lane, Leabrooks, ALFRETON
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£642
Based on a loan of £127,500 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.

Tax

Stamp duty calculator

Indicative tax based on the asking price and the options you select.

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