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Scarsdale Street, Bolsover, Chesterfield, Derbyshire, S44 - Image 1
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Scarsdale Street, Bolsover, Chesterfield, Derbyshire, S44 - Image 9

Scarsdale Street, Bolsover, Chesterfield, Derbyshire, S44

Yorkshire

£75,000
Listed on 24/05/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
874 sqft

Description

This two-bedroom terraced property in Bolsover presents a promising investment opportunity, particularly for those looking to enter the rental market. Situated conveniently for easy access to the M1 and nearby villages, its location is beneficial for potential tenants seeking both connectivity and local amenities. The property features two spacious reception rooms, providing flexibility for various living arrangements or configurations. While it currently requires renovations, this offers an excellent chance for buyers to customize the space to meet modern living standards or enhance its rental appeal. On-street parking is available, which is a significant advantage in the area. Additionally, being classified under council tax band A indicates lower ongoing costs for future occupants, making it an attractive prospect for renters. Investors will appreciate the potential for good returns once the property is updated and let out. With no ongoing chain, this home could swiftly become part of your portfolio with minimal delay. Interested parties are encouraged to assess the property firsthand to fully grasp its potential.

Investment Analysis

(S44 area)

Below Market Value

This property is priced -61.2% below area average per sq ft

-61.2%
Potential saving
This Property
£86/sq ft
Area Average
£221/sq ft
Avg Rent (weekly)
£221
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£212,806
10% above area average per sq ft
Potential ROI
+102.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (S44)

Area prices are falling by +2.2% over the last 12 months
3 year growth: 6.8%
5 year growth: 26.8%
Investment Disclaimer: Analysis based on S44 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

Scarsdale Street, Bolsover, Chesterfield, Derbyshire, S44
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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
£275
Based on a loan of £56,250 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