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Grange Street, Alfreton DE55

East Midlands

£109,950
Listed on 23/03/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
812 sqft

Description

This classic semi-detached home presents a promising opportunity for investors and DIY enthusiasts alike, being offered with no onward chain. It is located in a sought-after area with convenient access to local amenities and major transport links including the A38 and M1 motorway junction 28. The property requires modernization throughout, making it an excellent canvas for renovation. Inside, the accommodation features a lounge and dining room on the ground floor, alongside a galley-style kitchen that leads to the good-sized enclosed rear garden. Upstairs, there are two double bedrooms complemented by a family bathroom equipped with both a bath and separate shower enclosure. The exterior includes a front garden and an enclosed rear space complete with a brick-built outbuilding that needs attention. With some work, this home could be transformed into a desirable residence in a desirable location.

Investment Analysis

(DE55 area)

Below Market Value

This property is priced -40.2% below area average per sq ft

-40.2%
Potential saving
This Property
£135/sq ft
Area Average
£227/sq ft
Avg Rent (weekly)
£185
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£202,399
10% above area average per sq ft
Potential ROI
+44.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
49
Average per month
Market Turnover
55%
Properties sold annually

Local Market Trend (DE55)

Area prices are rising by +5.3% over the last 12 months
3 year growth: +3.7%
5 year growth: +23.0%
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

Grange Street, Alfreton DE55
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£397
Based on a loan of £82,462 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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