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Quarry Road, Somercotes, Alfreton DE55 - Image 1
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Quarry Road, Somercotes, Alfreton DE55

East Midlands

£160,000
Listed on 28/12/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This detached family home presents a promising renovation opportunity for buyers aiming to modernise a well-proportioned residence. Ideal for first-time buyers or investors looking to add value, the property features an entrance hall that leads into a spacious lounge with a charming Adam style fire surround, and a separate dining room perfect for family gatherings. The kitchen includes wall and base units along with plumbing provisions for appliances, offering a functional space ripe for refurbishment. Upstairs, you will find three bedrooms and a bathroom equipped with essential amenities. Outside, the property enjoys a modest courtyard at the front and an accessible side driveway, while the rear garden is predominantly lawned with potential for landscaping or further development. With double glazing throughout and existing gas heating, this home is ready for someone to come in and transform it into their ideal living space.

Investment Analysis

(DE55 area)
Area Average
£225/sq ft
Avg Rent (weekly)
£188
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
42%
Properties sold annually

Local Market Trend (DE55)

Area prices are rising by +5.5% over the last 12 months
3 year growth: +4.4%
5 year growth: +24.5%
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

Quarry Road, Somercotes, Alfreton DE55
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£577
Based on a loan of £120,000 over 30 years at 4.06% 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.

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