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Duke Street, Alfreton DE55

East Midlands

£120,000
Listed on 13/05/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
688 sqft

Description

This two-bedroom semi-detached home in South Normanton presents an excellent opportunity for those looking to enter the property market or expand their investment portfolio. With no onward chain, the transition into this residence can be seamless. The layout features a comfortable lounge, a practical fitted kitchen, and two generously sized bedrooms, all of which provide a canvas for future enhancements. While it remains cozy and functional, there is considerable potential to personalize and modernize the space to increase its value. The outdoor area is designed for low maintenance, offering convenient on-street parking nearby. Its location on a residential street ensures access to essential amenities such as local shops, schools, parks, and efficient transport links including proximity to the M1 for easy commuting. This home not only serves as a solid base but also as a promising project for buyers eager to invest time into creating their ideal living environment.

Investment Analysis

(DE55 area)

Below Market Value

This property is priced -22.6% below area average per sq ft

-22.6%
Potential saving
This Property
£174/sq ft
Area Average
£225/sq ft
Avg Rent (weekly)
£196
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£170,507
10% above area average per sq ft
Potential ROI
+17.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
64
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (DE55)

Area prices are falling by -3.4% over the last 12 months
3 year growth: -2.7%
5 year growth: +14.6%
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

Duke Street, Alfreton DE55
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£428
Based on a loan of £90,000 over 30 years at 3.97% 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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