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Lee Road, Chesterfield, S41

Yorkshire

£130,000
Listed on 05/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
790 sqft

Description

This three-bedroom terraced home, located in the well-regarded Hady area of Chesterfield, offers a unique opportunity for cash buyers seeking a renovation project. Situated conveniently near Chesterfield Royal Hospital, local shops, and respected schools, the property boasts excellent transport connections, including quick access to the M1 motorway. The ground floor features an inviting entrance hall that opens into a spacious lounge, providing a comfortable living space with an abundance of natural light from the front-facing window. At the rear, the kitchen/diner extends across the width of the property and includes garden access—an ideal setup for those looking to create a contemporary open-plan environment tailored to modern living. On the upper level, you will find three generously-sized bedrooms. The master bedroom is positioned at the front of the house and offers ample light through its large window. The second bedroom faces the rear garden and also provides significant space, while the third bedroom is perfectly suited for use as an office or guest room. A traditional bathroom completes this floor. While the home requires modernization throughout, it presents significant potential for buyers interested in making their mark or increasing value over time. The property’s non-standard construction does limit financing options to cash buyers only, but this may allow for more flexibility in negotiating terms. This residence represents a promising investment opportunity within a desirable part of Chesterfield where demand remains strong. An early viewing is advisable to fully appreciate its potential and explore how it can be transformed into a modern living space.

Investment Analysis

(S41 area)

Below Market Value

This property is priced -28.4% below area average per sq ft

-28.4%
Potential saving
This Property
£165/sq ft
Area Average
£230/sq ft
Avg Rent (weekly)
£175
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£199,827
10% above area average per sq ft
Potential ROI
+21.1%
After renovation
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

Lee Road, Chesterfield, S41
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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
£476
Based on a loan of £97,500 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