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10 bed flat for sale Chapel Street, Alfreton, DE55

Asking price

£695,000

Added on 23/09/2026

Type: Flat
Bedrooms: 10
Bathrooms: 5
Tenure: Ask agent

Council tax Band A £1,605 a year

Key features

Fully Tenanted With Long Standing Tenants
Producing A Strong 9% Yield
Total Income of £65,796 Per Annum
Five Two Bedroomed Apartments
Five Retail Units
Ten Parking Spaces

About this property

Leaders are delighted to offer this outstanding opportunity to acquire a fully-let, mixed-use freehold investment producing a strong 9% yield, with a total annual income of £65,796.

The property comprises five well-located retail units and five spacious two-bedroom residential apartments, each fully self-contained and individually metered, with tenants responsible for their own utilities. All units hold valid Energy Performance Certificates, ensuring compliance and ease of management.

Council tax

Band A £1,605 a year

Per year

Band A

This home: £1,605
Band B

£1,873
Band C

£2,140
Band D

£2,408
Band E

£2,943
Band F

£3,478
Band G

£4,013
Band H

£4,815

This home is in band A, which costs £1,605 a year in Amber Valley for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Amber Valley, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Location

Chapel Street, Alfreton, DE55

Open map Street View

Mortgage and stamp duty

Property price £695,000

£347k £1m

Deposit10% £70,000

£0 £695k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £625,000 mortgage. Most lenders would want a household income of about £139,000 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.

Properties sold nearby

HM Land Registry sales on Chapel Street. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
2, Chapel Street DE55 1LH Semi-detached	Semi-detached	Mar 2026	775 sq ft £170/sq ft	775 sq ft	£170	£132,000
13, Chapel Street DE55 6JX Terraced	Terraced	Feb 2026	872 sq ft £138/sq ft	872 sq ft	£138	£120,000
28, Chapel Street DE55 1LH Terraced	Terraced	Apr 2025	829 sq ft £139/sq ft	829 sq ft	£139	£115,000
5, Chapel Street DE55 6JX Terraced	Terraced	Nov 2024	667 sq ft £166/sq ft	667 sq ft	£166	£111,000
4, Chapel Street DE55 6JX Terraced	Terraced	May 2024	667 sq ft £172/sq ft	667 sq ft	£172	£115,000
2, Chapel Street DE55 1LH Semi-detached	Semi-detached	Dec 2022	775 sq ft £175/sq ft	775 sq ft	£175	£135,500
1a, Chapel Street DE55 1BJ Detached	Detached	Jul 2022	689 sq ft £273/sq ft	689 sq ft	£273	£188,000
8, Chapel Street DE55 1BJ Semi-detached	Semi-detached	Jun 2022	753 sq ft £232/sq ft	753 sq ft	£232	£175,000