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25 Sterland Street, Chesterfield, Derbyshire, S40 1BN - Image 7

25 Sterland Street, Chesterfield, Derbyshire, S40 1BN

Yorkshire

£55,000

Listed on 29/05/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This two-bedroom mid-terraced house presents a noteworthy opportunity for those looking to invest in a property with significant renovation potential. Located in a sought-after residential area, the home is conveniently close to local amenities and within easy walking distance of Chesterfield Town Centre. The property features gas-fired central heating (currently untested) and uPVC double glazing, which serve as solid foundations for future enhancements. Given its current condition, the house requires comprehensive refurbishment throughout, making it ideal for both owner-occupiers and investors alike. Once renovated, there is the potential to achieve rental income estimated between £800 and £850 per month (approximately £9600 - £10200 annually). The ground floor includes a lounge, dining room, kitchen, and lean-to conservatory, while the upper level accommodates two bedrooms and a bathroom. Externally, there's a small courtyard at the front alongside a generous garden area at the rear. With an Energy Efficiency Rating of D and situated within Chesterfield Borough Council's jurisdiction, this property is an enticing option for those eager to capitalize on its investment potential.

Investment Analysis

(S40 area)
Area Average
£239/sq ft
Avg Rent (weekly)
£184
Avg Yield
3.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (S40)

Area prices are rising by +5.4% over the last 12 months
3 year growth: +0.8%
5 year growth: +8.1%
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

25 Sterland Street, Chesterfield, Derbyshire, S40 1BN
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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
£196
Based on a loan of £41,250 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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