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Princess Street, Newbold, Chesterfield

Yorkshire

£170,000
Listed on 30/04/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
1190 sqft

Description

This two-bedroom semi-detached residence, located in the desirable Newbold area, comes with the advantage of no upward chain, making it an ideal candidate for those looking to invest or personalize a property. Surrounded by a mix of independent shops, cafes, and local amenities, it also benefits from easy access to Chesterfield town center for a broader selection of retail choices. The home is well-situated near local schools and offers good transport connections, including proximity to major roads and the train station. The property requires modernization throughout, providing a blank canvas for buyers eager to make their mark. Entering through a small porch leads into a hallway that directs you to the spacious living room, which features a bay window and fireplace. Adjacent is the dining room, designed for family gatherings and filled with natural light; it includes built-in cupboards and access to the cellar. The rear kitchen awaits your personal touch and has space for freestanding appliances alongside an external door leading to the manageable patio garden. On the first floor, the main bedroom is generously sized while the second bedroom overlooks the garden as a comfortable single room. The bathroom includes a four-piece suite featuring both bath and shower facilities. Outdoor conveniences include an easy-care patio garden along with on-street parking available at the front.

Investment Analysis

(S41 area)

Below Market Value

This property is priced -37.7% below area average per sq ft

-37.7%
Potential saving
This Property
£143/sq ft
Area Average
£229/sq ft
Avg Rent (weekly)
£180
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£300,285
10% above area average per sq ft
Potential ROI
+54.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (S41)

Area prices are falling by -7.4% over the last 12 months
3 year growth: -8.5%
5 year growth: +0.5%
Investment Disclaimer: Analysis based on S41 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

Princess Street, Newbold, Chesterfield
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£607
Based on a loan of £127,500 over 30 years at 3.97% 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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