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Ringwood Road, Brimington, Chesterfield - Image 1
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Ringwood Road, Brimington, Chesterfield

Yorkshire

£115,000
Listed on 18/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
817 sqft

Description

This two-bedroom mid-terrace house presents a promising opportunity for buyers looking to invest in a property that requires modernization. The layout offers a front reception room, rear kitchen, and a ground-floor bathroom alongside three workshops that could be repurposed for various uses. On the first floor, you'll find a spacious double bedroom with fitted wardrobes and a second bedroom that provides access to a converted loft space and an ensuite shower room. While currently lacking central heating, the property's uPVC double-glazed windows ensure some energy efficiency. The front garden features established trees and shrubbery, hinting at potential for enhanced outdoor parking options (subject to planning). The enclosed rear yard includes a brick storage area, adding practical utility to the home. Located within easy reach of local amenities, schools, and transport links to Chesterfield town centre and beyond via the M1 motorway, this property is ideal for first-time buyers or investors willing to undertake renovations to maximise its value.

Investment Analysis

(S43 area)

Below Market Value

This property is priced -38.2% below area average per sq ft

-38.2%
Potential saving
This Property
£141/sq ft
Area Average
£228/sq ft
Avg Rent (weekly)
£195
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£204,634
10% above area average per sq ft
Potential ROI
+32.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (S43)

Area prices are falling by -6.1% over the last 12 months
3 year growth: +1.3%
5 year growth: +8.3%
Investment Disclaimer: Analysis based on S43 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

Ringwood Road, Brimington, Chesterfield
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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
£407
Based on a loan of £86,250 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.

Stamp Duty Calculator

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