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Larch Way, Chesterfield, S40

Yorkshire

£250,000
Listed on 31/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1635 sqft

Description

This substantial three-bedroom semi-detached residence sits on a generous plot in a sought-after Yorkshire neighborhood, providing a promising canvas for those looking to modernize and customize their living space. The well-designed layout includes a sizeable side extension and numerous outbuildings, making it ideal for families or investors interested in enhancing the property's value over time. Although some areas require updating, the overall configuration offers significant potential for reconfiguration to suit contemporary lifestyles. The ground floor features a welcoming hall leading to a bright lounge with an inviting fireplace and adjoining dining room that could seamlessly transition into an open-plan kitchen area with the right permissions. The kitchen, while functional, has ample scope for renovation and personalization. The side extension is particularly advantageous, housing a utility room with necessary plumbing, which adds more convenience and storage solutions. Furthermore, it includes a ground-floor shower room/WC that enhances practicality for family living. Upstairs, three bedrooms provide flexible living options; two are spacious doubles complete with fitted wardrobes, while the single room can serve as a home office or nursery. Outside, the extensive rear garden is not only beautifully arranged but also offers various zones including patios and vegetable patches alongside ornamental plants. The workshop at the rear of the property presents an exciting opportunity for conversion into additional living spaces or versatile hobby areas (subject to permissions). This home's mix of interior space and outdoor amenities positions it as an excellent long-term investment for anyone looking to create their ideal family home in this established area.

Investment Analysis

(S40 area)

Below Market Value

This property is priced -35.9% below area average per sq ft

-35.9%
Potential saving
This Property
£153/sq ft
Area Average
£239/sq ft
Avg Rent (weekly)
£179
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£429,122
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
43
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (S40)

Area prices are rising by +5.6% over the last 12 months
3 year growth: +2.2%
5 year growth: +9.0%
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

Larch Way, Chesterfield, S40
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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
£885
Based on a loan of £187,500 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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