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Rutland Road, Chesterfield - Image 1
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Rutland Road, Chesterfield

Yorkshire

£140,000
Listed on 27/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
883 sqft

Description

This three-bedroom mid-terraced house presents a promising refurbishment opportunity, positioned conveniently close to Chesterfield town centre. Ideal for investors or those looking to add value through renovation, the property boasts generous room sizes and a well-thought-out layout spanning three levels. The small front garden offers curb appeal while providing a buffer from the street. Upon entry, you're welcomed into a spacious lounge, ripe for modernization and customization to reflect personal tastes. At the rear, the expansive kitchen/diner is designed as the heart of the home, featuring ample space for cooking and dining alongside access to the rear garden—excellent for both practicality and potential outdoor enhancements. Additionally, there's direct access to the cellar, which could serve as valuable storage or be transformed into usable space with proper planning permissions. The first floor comprises two bedrooms alongside a family bathroom fitted with a three-piece suite. The front-facing double bedroom is flooded with natural light, while the single bedroom at the back can be utilized as a child's room, home office, or dressing area. Ascending to the second floor reveals another sizable single bedroom complete with built-in storage—perfect for varied uses such as an extra sleeping area or hobby room. The rear garden is primarily laid to lawn with a small patio and raised flower bed at one end, offering an inviting canvas for landscaping or further outdoor living options. Overall, this property requires refurbishment but stands out as a strategic investment opportunity due to its location near Chesterfield town centre and substantial rental demand in this area.

Investment Analysis

(S40 area)

Below Market Value

This property is priced -33.1% below area average per sq ft

-33.1%
Potential saving
This Property
£159/sq ft
Area Average
£237/sq ft
Avg Rent (weekly)
£193
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£230,198
10% above area average per sq ft
Potential ROI
+31.5%
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

Rutland Road, 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
£513
Based on a loan of £105,000 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