Worst House on the Street Logo
Alfreton Road, Alfreton DE55 - Image 1
Alfreton Road, Alfreton DE55 - Image 2
Alfreton Road, Alfreton DE55 - Image 3

Alfreton Road, Alfreton DE55

East Midlands

£325,000
Listed on 07/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
917 sqft

Description

Situated along the well-trafficked Alfreton Road, this three-bedroom property stands out as a promising opportunity for those looking to invest in a residence with notable renovation potential. The house features a solid foundation and a spacious layout, making it an ideal canvas for customization and improvement. Upon entering, you are greeted by a welcoming hallway that leads into a bright and roomy lounge area. This space presents an ideal setting for both family gatherings and quiet evenings at home. Adjacent to the lounge, the separate kitchen overlooks the expansive rear garden, offering plenty of space for culinary creativity and future modernization. The upper level comprises three bedrooms, including two generous doubles and a smaller third room that could serve multiple purposes—a child’s bedroom, a home office, or a dressing area. The first floor is complemented by a separate shower room and WC, enhancing functionality. One of the standout features of this property is its large rear garden. This outdoor space not only offers potential for landscaping but also provides an excellent area for children to play or for creating an inviting outdoor entertainment zone. The location boasts convenient access to local schools, shops, and transport links while maintaining a sense of privacy and tranquility. This accessibility adds to the property's appeal, particularly as it allows easy commuting options. With thoughtful updates and personal touches, this house could be transformed into a modern family home that reflects your style while increasing its market value. This property represents an excellent chance for buyers eager to invest in the sought-after Derbyshire area and put down roots in a community rich in amenities.

Investment Analysis

(DE55 area)

Above Market Value

This property is priced +59.7% above area average per sq ft

+59.7%
This Property
£354/sq ft
Area Average
£222/sq ft
Avg Rent (weekly)
£184
Avg Yield
4.4%

Renovation Potential

Est. Renovation Cost
£32,500 - £81,250
10-25% of property value
Target Value
£223,831
10% above area average per sq ft
Potential ROI
-44.9%
After renovation
Monthly Sales
36
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (DE55)

Area prices are stable by +0.2% over the last 12 months
3 year growth: 3.8%
5 year growth: 20.8%
Investment Disclaimer: Analysis based on DE55 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Alfreton Road, Alfreton DE55
Map showing location of Alfreton Road, Alfreton DE55
Open Map