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See how verdicts work3-bedroom bungalow · S41 0TH
For saleReduced £50k (−12.8%) on 27 OctListed 372 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**GUIDE PRICE £390,000 to £400,000** Offered to market with NO CHAIN, this impressive detached bungalow has it all - From a newly fitted kitchen, two bathrooms, two reception rooms and three bedrooms, to a generous plot, off street parking, detached garage and stunning countryside views.
The property is ready for you to put your own stamp on and offers flexible living space to suit most needs!
Situated within easy reach of Chesterfield town centre, the property would suit a range of buyers and simply MUST be viewed to be appreciated!
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
CHS240027/2 Entrance Hall Exterior door opens into a welcoming central hall laid with laminate flooring, featuring handy storage cupboard, radiator and doors to: Breakfast Kitchen 6.58m (max) x 3.3m - The newly fitted kitchen benefits from a range of wall, base and drawer units with striking white gloss cabinet fronts, which are complimented by expanses of marble effect worktops.
The kitchen features two eye-level double ovens and gas hob with fitted extractor hood above, whilst space is provided for a free-standing fridge/freezer and washing machine.
An inset sink and drainer unit sits beneath one of two double glazed windows overlooking the garden and the stunning views beyond!
Space is provided for a breakfast table, making this the ideal hub for busy daily life.
With vinyl flooring, radiator, double glazed door to the garden and double doors to: Dining Room 4.96m x 3.92m (16' 3" x 12' 10") Double oak and glass doors open from the kitchen to the dining room, allowing the spaces to flow seamlessly together, perfect for those with a love of entertaining.
The dining room is well lit through a double glazed bay window to the front elevation and features stairs to the first floor, fitted carpet and radiator.
Living Room 4.83m x 4.24m (15' 10" x 13' 11") Set to the rear of the property, this bright and inviting room benefits from double glazed French doors to the rear, offering a pleasant outlook over the garden and views beyond.
With additional double glazed window to the side elevation, fitted carpet and radiator.
Bedroom Three 4.24m x 4.14m (13' 11" x 13' 7") Used by the current owners as a bedroom, this generous room could lend itself to a range of purposes, making this an ideal choice for those with flexible needs.
With feature fireplace, fitted carpet, radiator and double glazed window to the front elevation.
Family Bathroom 2.93m x 2.06m (9' 7" x 6' 9") Fitted with a panel bath with shower over, low level WC and pedestal hand wash basin.
Having tiled walls, laminate flooring, radiator and frosted double glazed window to the rear.
First Floor Landing Carpeted stairs ascend to a central landing area with feature skylight and doors to: Bedroom One 5.35m x 4.24m (17' 7" x 13' 11") A generous double bedroom with ample floor space for additional furnishings to taste.
With feature ceiling beams, radiator, fitted carpet, feature skylight, double glazed window to the rear and door to: En-Suite Bathroom 2.73m x 1.41m (8' 11" x 4' 8") Fitted with a modern white suite comprising panel bath with mains powered shower over and fitted glass shower screen, pedestal hand-wash basing and low level WC.
With tiled walls, vinyl flooring, radiator and feature skylight.
Bedroom Two 5.33m x 2.91m (17' 6" x 9' 7") A second generous double bedroom, also benefiting from fitted carpet, radiator, feature skylight and double glazed window to the rear.
WC Fitted with low level WC and pedestal hand-wash basin and featuring a skylight to the rear.
Garage The property benefits from a detached, brick-built garage access by a private road to the rear of the property, With manual up and over door.
Outside This property stands beautifully against the road at the head of a generous lawn frontage with mature shrubs bordering the property and offering a level of privacy.
To the rear, the property offers a generous garden with block paved patio area for entertaining and a wealth of beds for planting making this an ideal choice for any green-fingered enthusiast.
At the head of the garden lies the property's garage and private driveway offering parking for several vehicles.
The property enjoys stunning views to the rear over local countryside which must be seen to be appreciated!
Agent's Note To be able to purchase a property in the United Kingdom all agents have a legal requirement to conduct Identity checks on all customers involved in the transaction to fulfil their obligations under Anti Money Laundering regulations.
We outsource this check to a third party and a charge will apply. Ask the branch for further details.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Balmoak Lane, Chesterfield, Derbyshire, S41
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