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Appletree Road, Stanfree, Chesterfield - Image 1
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Appletree Road, Stanfree, Chesterfield

Yorkshire

£375,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
918 sqft

Description

This property presents a unique investment opportunity with considerable potential for development. Featuring a two-bedroom main house alongside a self-contained one-bedroom annexe, this versatile setup is perfect for families needing extra space or for those looking to generate rental income, such as through AirBnB. The house is in excellent condition and provides immediate living accommodation, boasting an open-plan lounge and dining area complemented by a cast-iron wood burning stove. The modern kitchen opens onto a private courtyard while the first floor hosts two generously sized bedrooms and a contemporary shower room. The standout feature of this property is the expansive garden which benefits from outline planning permission for the construction of three new dwellings. This planning consent significantly enhances the value of the land and presents an exciting prospect for developers or investors looking to capitalize on growth in the area. The annexe also offers additional flexibility, functioning seamlessly as guest accommodation or rental units. Overall, while the home itself requires minimal updates to align with personal preferences, there remains ample scope for further enhancement or expansion given its planning permissions and strategic location.

Investment Analysis

(S44 area)

Above Market Value

This property is priced +86.7% above area average per sq ft

+86.7%
This Property
£408/sq ft
Area Average
£219/sq ft
Avg Rent (weekly)
£225
Avg Yield
4.9%

Renovation Potential

Light Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£220,995
10% above area average per sq ft
Potential ROI
-48.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
47%
Properties sold annually

Local Market Trend (S44)

Area prices are falling by -5.3% over the last 12 months
3 year growth: +3.5%
5 year growth: +21.9%
Investment Disclaimer: Analysis based on S44 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

Appletree Road, Stanfree, Chesterfield
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,352
Based on a loan of £281,250 over 30 years at 4.06% 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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