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Mill Street, Clowne, Chesterfield

Yorkshire

£320,000
Listed on 15/10/2025

Property Details

Bedrooms
N/A
Type
Commercial Property

Description

This substantial former public house offers excellent potential for mixed-use redevelopment, subject to planning permission. Featuring a historic stone-built structure located in a prominent area of Clowne, this property sits on a generous plot of approximately 0.58 acres. The building includes multiple access points and can be easily divided into several commercial units on the ground floor, with an upper level currently accommodating four double bedrooms, a lounge, kitchen, and bathroom. The property also benefits from existing outbuildings and an overgrown former beer garden that could be transformed into additional residential or commercial space. Previously approved for residential use in the late 1980s, this site presents a valuable opportunity for investors looking to capitalize on a growing town with diverse redevelopment possibilities.

Investment Analysis

(S43 area)
Area Average
£228/sq ft
Avg Rent (weekly)
£195
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (S43)

Area prices are falling by -6.1% over the last 12 months
3 year growth: +1.3%
5 year growth: +8.3%
Investment Disclaimer: Analysis based on S43 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

Mill Street, Clowne, Chesterfield
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,133
Based on a loan of £240,000 over 30 years at 3.91% 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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