2-bedroom bungalow · S42 5JU
Listing removedListed 225 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*NO ONWARD CHAIN* Mooved are delighted to present this well-proportioned two-bedroom detached bungalow with substantial detached garage, positioned on Parwich Road in Chesterfield, S42.
Extending to approximately 713 sq ft of internal accommodation plus a further 280 sq ft garage space!
This property offers broad appeal to both property investors and first-time buyers seeking a detached home with scope to enhance and grow into.
Located within a well-established residential area to the south of Chesterfield town centre, the S42 postcode remains popular with a wide range of buyers due to its convenient access to local shops, everyday amenities and reputable schooling, along with strong transport links into Chesterfield and surrounding Derbyshire villages.
The area provides a balanced lifestyle setting, combining quiet residential streets with practical connectivity, making it equally attractive for owner-occupiers and tenants.
Internally, the property offers a spacious reception room measuring approximately 18’2” x 12’, featuring a central fireplace and large front-facing window that fills the room with natural light.
The generous proportions allow ample space for both living and dining furniture, making it ideal for first-time buyers looking for a comfortable main living area, while also presenting investors with a strong, easily lettable layout.
The kitchen is fitted with a range of wall and base units, good worktop space and side access, offering practicality with potential for further modernisation to add value.
There are two well-sized bedrooms, with the principal bedroom benefitting from fitted mirrored wardrobes providing excellent storage.
The second bedroom offers flexibility as a guest room, nursery or home office, catering perfectly to first-time buyers needing adaptable space.
The shower room has been updated with contemporary-style wall panelling and a modern shower enclosure, complemented by a separate WC for added convenience.
Externally, the property stands on a generous plot with a low-maintenance gravelled frontage and driveway providing ample off-road parking leading to a substantial detached garage measuring approximately 18’7” x 14’11”.
For first-time buyers, this offers secure parking and valuable storage, while for investors it presents workshop or conversion potential subject to the necessary permissions.
The enclosed rear garden has been designed for ease of maintenance with patio areas and artificial lawn, ideal for those wanting outdoor space without extensive upkeep.
This is a versatile opportunity offering immediate move-in readiness with clear potential to personalise and add value over time, whether as a first home or as part of a growing investment portfolio.
Disclaimer – 1.
MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT.
THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS.
NEITHER MOOVED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
Section 21 - Under the terms of the Estate Agency Act 1979 (Section 21) please note that the Vendor of this property is a staff member of the Mooved Group.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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
Agent & docs

FAQ
About Parwich Road, North Wingfield, S42 5
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