Property for sale King Street, Alfreton, DE55

Guide Price,

£137,500

Added yesterday

For sale by auction

Tenure: Freehold

About this property

FOR SALE BY AUCTION ON 29 OCTOBER 2026 ***POTENTIAL HIGH YIELDING FREEHOLD INVESTMENT COMMERCIAL SHOP AND TWO FLATS*** Situated within a busy trading position in the heart of Alfreton, is a superb mixed use investment property with accommodation arranged over three floors. The property is offered for sale with immediate vacant possession and in brief comprises: a characterful ground floor lock up sales shop and a spacious two bedroomed flat arranged over three floors and a one bedroomed two storey flat, both having a well-appointed accommodation. Situated on the A61 in the heart of the market town of Alfreton close to all local amenities.

Council tax

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Location

King Street, Alfreton, DE55

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Mortgage and stamp duty

Property price £137,500

£68k £207k

Deposit10% £14,000

£0 £138k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £123,500 mortgage. Most lenders would want a household income of about £28,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.