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Newbold Back Lane, Newbold, Chesterfield

Yorkshire

£160,000

Listed on 26/06/2026

Property details

Bedrooms
4
Type
Semi Detached
Area
1230 sqft

Description

This extended semi-detached house presents a promising opportunity for investors or those looking to create their ideal family home. Comprising four bedrooms and two bathrooms, this property offers a practical layout with potential for modernization throughout. The accommodation includes a reception room with a bay window, an extended kitchen with ample space for appliances, and a versatile study area leading to a conservatory that opens into the enclosed rear garden. Key features such as gas central heating and partial double glazing are present, though various repairs and cosmetic updates are anticipated to enhance its appeal. The integral garage adds convenience, while off-street parking for two vehicles is available at the front. Located in Yorkshire, with proximity to local amenities and schools, this property is ripe for refurbishment to maximize its value whether for personal use or rental income. Notably, there is a mine shaft located in the rear garden; prospective buyers should seek further details from The Coal Authority prior to bidding.

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Investment analysis

(S40 area)

Below Market Value

This property is priced -45.3% below area average per sq ft

-45.3%
Potential saving
This Property
£130/sq ft
Area Average
£238/sq ft
Avg Rent (weekly)
£184
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£321,473
10% above area average per sq ft
Potential ROI
+60.7%
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
18%
Properties sold annually

Local Market Trend (S40)

Area prices are rising by +3.0% over the last 12 months
3 year growth: +1.2%
5 year growth: +7.4%
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

Newbold Back Lane, Newbold, Chesterfield
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£604
Based on a loan of £120,000 over 30 years at 4.45% 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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