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Dunloe Croft, Moorwood Moor Lane, Wessington - Image 1
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Dunloe Croft, Moorwood Moor Lane, Wessington

East Midlands

£350,000
Listed on 11/06/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom bungalow offers a unique opportunity for those looking to invest in renovation or modernization in a semi-rural setting. The property is set on a generous plot and includes a detached garage, greenhouse, and various surrounding gardens. While it requires internal updates, the spacious layout provides ample room to reconfigure and design according to your vision. Nestled on the outskirts of Wessington village, the bungalow is positioned to take advantage of peaceful rural views while maintaining convenient access to local amenities. Nearby towns such as Alfreton, Matlock, Belper, and Chesterfield offer a broader range of services including shops, schools, and healthcare facilities. Commuters will also appreciate the proximity to major cities like Derby, Sheffield, and Nottingham—all within a 25-minute drive. Inside, the bungalow features a welcoming entrance hall leading to a functional utility/cloakroom. A sun lounge filled with natural light overlooks the garden, creating an inviting space for relaxation. The kitchen diner comes equipped with storage units and offers enough space for family dining and entertaining. A sizable living room with a log-burning fire enhances the cozy atmosphere while providing lovely views of the lawn. The property comprises three well-sized double bedrooms; the master bedroom includes built-in wardrobes. Additionally, there’s a recently refurbished family shower room that meets modern standards. An adjoining garden room with separate external access adds versatility—it could serve as an office or craft space depending on your needs. Dunlow Croft is subject to an Agricultural and Local Occupancy Condition which limits residency to individuals involved in local agriculture or forestry-related work. This makes it essential for potential buyers to confirm compliance with these requirements. Externally, you’ll find ample outdoor space featuring south-facing lawns ideal for gardening enthusiasts. The gated entrance leads into a driveway suitable for multiple vehicles along with patio areas perfect for outdoor dining or leisure activities. The detached garage provides extra storage or could be transformed into workspace as desired. While this property requires some TLC—such as addressing the currently disrepairing private septic tank—it holds considerable promise as either a long-term residence or investment opportunity for those willing to bring their own style into its renovation process. Overall, this bungalow presents significant potential for customization amidst its serene surroundings—making it an appealing canvas for buyers seeking both character and convenience in one package.

Investment Analysis

(DE55 area)
Area Average
£228/sq ft
Avg Rent (weekly)
£180
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (DE55)

Area prices are rising by +5.1% over the last 12 months
3 year growth: 5.2%
5 year growth: 24.0%
Investment Disclaimer: Analysis based on DE55 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

Dunloe Croft, Moorwood Moor Lane, Wessington
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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
£1,282
Based on a loan of £262,500 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