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Speighthill Crescent, Wingerworth, Chesterfield - Image 1
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Speighthill Crescent, Wingerworth, Chesterfield

Yorkshire

£300,000
Listed on 05/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1435 sqft

Description

This two-bedroom detached bungalow presents a compelling opportunity for renovation and investment, making it ideal for those interested in creating a personalized living space or for investors looking to add value. Nestled on a sizeable corner plot, the property boasts no onward chain, streamlining the buying process. Upon entering, you’re greeted by a spacious hallway that leads to a bright living room featuring an attractive bay window, perfect for natural light. To the other side, a generously sized second bedroom with its own bay window offers ample space—a flexible area that could serve various purposes depending on your vision. The principal bedroom is also a comfortable double and includes fitted wardrobes, providing functional storage solutions. The layout continues with a dining room positioned at the rear of the bungalow, which comes with built-in storage that may need some attention but holds potential for enhancement. The separate bathroom is equipped with essential fixtures including a shower over the bath and adjacent WC for added convenience. The kitchen, located at the back of the home, allows access to both the garden and side of the property through a side door. One of this property's standout features is its expansive attic space; this area represents significant potential for conversion into additional accommodation—such as a third bedroom—subject to necessary planning permissions. Outside, this bungalow offers considerable off-road parking with a large driveway and includes a detached garage. Surrounding garden grounds stretch around three sides of the property, presenting ample opportunities for landscaping improvements or even extensions in line with personal preferences or local regulations. Overall, this bungalow stands ready for transformation into a bespoke family home or an investment property ripe with potential in an appealing location.

Investment Analysis

(S42 area)

Below Market Value

This property is priced -15.6% below area average per sq ft

-15.6%
Potential saving
This Property
£209/sq ft
Area Average
£248/sq ft
Avg Rent (weekly)
£212
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£391,152
10% above area average per sq ft
Potential ROI
+15.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (S42)

Area prices are stable by +1.0% over the last 12 months
3 year growth: -3.2%
5 year growth: 18.3%
Investment Disclaimer: Analysis based on S42 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

Speighthill Crescent, Wingerworth, Chesterfield
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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
£1,099
Based on a loan of £225,000 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