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For saleReduced 3 Sept 2026
£695,000

Chapel Street, Alfreton, Derbyshire, DE55 7BJ

10bedrooms
5bathrooms
Apartmenttype
Freeholdtenure

Listed 13 Sept 2025 · price reduced 3 Sept 2026 · Alfreton

How the price compares

This home£695,000
Median 10 bed in Alfreton£695k1 homes listed
Difference0%in line with the area

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 home

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. Situated in a prominent town centre position adjacent to a busy car park and library, the 730 sq ft commercial frontage benefits from high visibility and steady footfall via a natural pedestrian route connecting High Street, Chapel Street, and Severn Square. With mains electricity, water, and drainage connected to each unit — and no leasehold or service charge complications — this is a rare, low-maintenance, income-generating asset in a high-demand central location, ideal for investors seeking reliable returns and long-term capital growth.

Property details

Property type
Apartment
Council tax band
A
Tenure
Freehold
Parking
Yes

Location

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  • Alfreton Station0.8 mi
  • Ambergate Station4.6 mi
  • Whatstandwell Station4.9 mi

What nearby homes sold for

Median sold prices in DE55 over the last 12 months: semi-detached £180k · detached £293k · terraced £130k · flat £112k.

AddressTypeSoldPrice
2 Chapel Street
Alfreton DE55 1LH
Semi-detached
Freehold
3 Mar 2026£132,000
13 Chapel Street
Alfreton DE55 6JX
Terraced
Freehold
12 Feb 2026£120,000
28 Chapel Street
Alfreton DE55 1LH
Terraced
Freehold
17 Apr 2025£115,000
5 Chapel Street
Alfreton DE55 6JX
Terraced
Freehold
15 Nov 2024£111,000
4 Chapel Street
Alfreton DE55 6JX
Terraced
Freehold
3 May 2024£115,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in DE55

Buying costs

Monthly repayment£3,477£69,500 deposit · £625,500 loan
Stamp Duty£24,750England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Leaders Sales, Derby on Rightmove (original listing). First listed 13 Sept 2025; details checked 7 Nov 2026. Latest change: reduced on 03/09/2026.

Agent disclaimer

Disclaimer - Property reference DEC250137. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Leaders Sales, Derby. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.