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Dinnington Farm, Moorwood Moor, South Wingfield - Image 1
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Dinnington Farm, Moorwood Moor, South Wingfield

East Midlands

£550,000
Listed on 01/04/2026

Property Details

Bedrooms
4
Type
Detached Bungalow
Area
1389 sqft

Description

This smallholding presents a noteworthy investment opportunity in the heart of picturesque Derbyshire. The four-bedroom bungalow, while requiring significant modernization, offers a canvas for creating a bespoke residence in a tranquil rural setting. Spanning approximately 13.90 acres, the property includes various agricultural outbuildings and adjoining paddocks, ideal for those interested in hobby farming or outdoor pursuits. Located on the outskirts of Wessington, it benefits from access to nearby towns such as Alfreton and Matlock, making it a practical choice for commuting to larger urban centers. The bungalow features spacious accommodations across one level, consisting of an entrance hall leading into a bright lounge with dual aspects overlooking the paddocks, a dining area, and a kitchen with separate access to the garden. Four generously sized bedrooms include one with an ensuite bathroom, alongside a family bathroom providing ample space for family living. Externally, there is room for expansion (subject to planning consent) and gardens featuring mature trees and additional storage options. The associated agricultural buildings—though showing signs of age—offer potential for renovation or alternative uses, adding further value to the property. With good quality permanent pasture land that could be utilized for livestock or leisure activities, this offering is perfect for those seeking an accessible rural lifestyle while also valuing investment potential.

Investment Analysis

(DE55 area)

Above Market Value

This property is priced +76.4% above area average per sq ft

+76.4%
This Property
£396/sq ft
Area Average
£225/sq ft
Avg Rent (weekly)
£190
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£343,014
10% above area average per sq ft
Potential ROI
-45.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
56
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (DE55)

Area prices are rising by +2.3% over the last 12 months
3 year growth: +0.7%
5 year growth: +18.6%
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

Dinnington Farm, Moorwood Moor, South Wingfield
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,948
Based on a loan of £412,500 over 30 years at 3.91% 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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