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Old Road, Chesterfield, Derbyshire, S40

Yorkshire

£400,000
Listed on 05/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1421 sqft

Description

Nestled in the sought-after Ashgate area, this spacious four-bedroom detached property presents an attractive opportunity for those looking to invest in a renovation project or create their dream home. With a generous layout and flexible living spaces, the house is well-suited for families or first-time buyers who appreciate the advantages of a prime location. The ground floor offers a large lounge/dining room that provides ample space for entertaining or family gatherings. Adjacent to this, a conservatory bathes in natural light and overlooks the private garden, while the separate kitchen offers potential for reconfiguration to better suit modern lifestyles. This level also includes three well-proportioned bedrooms along with a family bathroom and separate WC, ensuring practicality and comfort. On the upper floor, you'll find a sizable principal bedroom that holds promise for future enhancements, such as the addition of an en-suite or dressing area, pending necessary approvals. This creates an opportunity to further elevate the living experience in this already spacious home. Outside, the property features a private garden complemented by a substantial double garage and ample off-road parking—an increasingly valuable asset in today’s market. The location adds further appeal; it is conveniently close to local schools, various amenities, and is just a short distance from Chesterfield town centre. With its solid structure and prime setting, this property holds considerable potential for modernization and personalization. This represents not only a home but also an investment opportunity in one of Chesterfield’s most desirable neighborhoods. Early inquiries are recommended to explore this unique offering fully.

Investment Analysis

(S40 area)

Above Market Value

This property is priced +18.8% above area average per sq ft

+18.8%
This Property
£281/sq ft
Area Average
£237/sq ft
Avg Rent (weekly)
£193
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£370,455
10% above area average per sq ft
Potential ROI
-15.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (S40)

Area prices are stable by +1.8% over the last 12 months
3 year growth: -1.1%
5 year growth: 9.2%
Investment Disclaimer: Analysis based on S40 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

Old Road, Chesterfield, Derbyshire, S40
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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
£1,465
Based on a loan of £300,000 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