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Main Road, Heath, Chesterfield

Yorkshire

£200,000

Listed on 28/08/2026

The listing

Property details

Bedrooms
3
Type
Detached Bungalow
Area
829 sqft

Description

This detached house presents a unique opportunity for buyers eager to undertake a significant renovation project. Located in the desirable village of Heath, the property is being sold with no onward chain, making it an attractive proposition for cash purchasers, builders, or developers. The existing structure is in need of comprehensive refurbishment and is currently connected to mains electricity and drainage, providing a solid foundation for transformation. The property benefits from shared access to the entrance driveway and has potential space for a private driveway and garden area. Heath itself is a charming Derbyshire village, conveniently situated just four and a half miles southeast of Chesterfield. It offers excellent transport links, being adjacent to Junction 29 of the M1 and the A617, facilitating easy commutes to Chesterfield, Sheffield, Mansfield, Nottingham, and beyond. Despite its connectivity, Heath retains its traditional village charm and boasts picturesque views of the surrounding Derbyshire countryside. Local amenities and bus services are available within the village, while Chesterfield offers a wider array of shops, schools, leisure facilities, and a mainline railway station with direct connections to major UK cities. This freehold property is categorized under council tax band E.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

42out of 100
Grade ELow opportunity

Confidence: MEDIUM

This detached house in Heath presents a substantial renovation opportunity for those willing to take on a heavy project. Although the asking price of £200,000 is below the local average of £225/sqf, the property is in poor condition throughout, with visible damage and unfinished work in the living areas, bedrooms, kitchen, and bathroom. This level of neglect sets the stage for a complete transformation, allowing buyers to reimagine the space, potentially enhancing the layout and character of the home.

However, the economics are challenging, with an all-in budget of £325,000 against an implied local average value of £186,732, creating a significant margin deficit. Stripped interiors and a £100,000–£150,000 works budget make this a full-gut programme, not a refresh. Buyers should be prepared for an extensive renovation timeline and potential cash purchase requirements due to the current state of the property. Despite these challenges, the sought-after location in a well-connected village offers a chance to create a truly special home.

Key opportunities

  • Transform this neglected property into a modern family home, capitalizing on its spacious layout and garden area.
  • Create a unique living space by redesigning the interior to suit contemporary tastes while retaining the character of the original structure.
  • Leverage the attractive village setting and excellent transport links to enhance the property's value post-renovation.

Key risks

  • Stripped interiors and a £100,000–£150,000 works budget make this a full-gut programme, not a refresh.
  • Significant visible damage and neglect throughout the property may require more extensive repairs than initially anticipated.
  • Poor condition of the kitchen and bathroom fixtures necessitates complete replacement, adding to the overall renovation cost.

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Map

Location

Main Road, Heath, Chesterfield
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Finance

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Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£756
Based on a loan of £150,000 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.

Tax

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