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Pottery Lane East, Chesterfield - Image 1
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Pottery Lane East, Chesterfield

Yorkshire

£225,000
Listed on 31/05/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This distinctive property presents a unique opportunity for those looking to invest in a versatile space with significant renovation potential. Historically known as The Junction Inn, this spacious detached public house has roots tracing back to the late 17th century and is strategically located at the intersection of Pottery Lane East and Henry Street. The generous layout includes a welcoming entrance leading into a snug lounge bar that boasts ample seating arrangements suitable for both dining and socializing. Complementing the bar area is a Tap Room, along with essential ladies' and gents' restroom facilities. Additionally, there is a large cellar accessible from the rear yard, providing further utility for operations or storage. In terms of living arrangements, the property includes an owner’s accommodation that features three well-proportioned bedrooms, a comfortable living room, and a sizable family shower room. A function room offers additional flexibility for various uses. With some reconfiguration, there is potential to establish an independent entry point for the first-floor living space, allowing it to be separated from the public house operations. Externally, the property benefits from parking access along its side and an expansive rear garden area. This outdoor space not only provides room for seating but also holds possibilities for redevelopment or enhancement as per local regulations. Several brick-built outbuildings and storage sheds further add to the versatility of this site. Given its location near light industrial sectors and motor trade businesses, this property stands out as an attractive option for investors contemplating alternative commercial uses or complete redevelopment into residential units, subject to securing necessary planning permissions. Overall, this site represents a significant investment opportunity with diverse options ranging from continued operation as a public house or restaurant to transformation into residential or mixed-use developments. Viewing is highly recommended to fully understand the possibilities this historic property has to offer.

Investment Analysis

(S41 area)
Area Average
£230/sq ft
Avg Rent (weekly)
£175
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £150,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (S41)

Area prices are falling by +4.3% over the last 12 months
3 year growth: -3.9%
5 year growth: 9.3%
Investment Disclaimer: Analysis based on S41 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

Pottery Lane East, Chesterfield
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£824
Based on a loan of £168,750 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE