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See how verdicts work4-bedroom detached house · S40 3EX
Sold STCListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
CALLING ALL DEVELOPERS - DETACHED DORMER BUNGALOW WITH POTENTIAL TO IMPROVE - HALF ACRE PLOT WHICH HAS PREVIOUSLY ENJOYED PLANNING CONSENT FOR TWO ADDITIONAL DWELLINGS Nestled on the sought-after Foljambe Avenue in Walton, this substantial four-bedroom detached dormer bungalow presents an exciting opportunity for a local developer.
While the property requires some cosmetic upgrading, it is brimming with potential for those with a vision.
The previous planning consent for the construction of two additional dwellings on the plot highlights the development opportunities available, making this an attractive proposition for investors or those looking to expand their living space.
Situated in a desirable residential area, this home benefits from a tranquil setting while remaining close to local amenities, schools, and transport links.
With its spacious layout and potential for enhancement, this dormer bungalow is a rare find in Chesterfield's property market.
EPC Rating: E General Gas central heating (Alpha Ecotec Plus Combi Boiler) uPVC sealed unit double glazed windows and doors Gross internal floor area - 106.2 sq.m./1143 sq.ft.
Council Tax Band - D Tenure - Freehold Secondary School Catchment Area - Brookfield Community School Previous Planning Consent CHE/07/00478/FUL This property previously enjoyed full planning permission from Chesterfield Borough Council for the proposed development of two new bungalows and garage to the rear and removal of sheds, which was approved in July 2007 Ref CHE/07/00478/FUL.
It is understood that the development never commenced and therefore that consent has now lapsed.
Whilst we have not made any recent enquiries, we believe that potential still exists, subject to a plan that would satisfy current planning policy.
It is the responsibility of the buyer to undertake their own due diligence as to the likelihood and scale of any development before making an offer.
Ground Conditions & Services There have been no investigations into ground conditions or service installations for a new development on the plot.
It is again the responsibility of the buyer to ensure that all investigations are carried out prior to a commitment to purchase.
On the Ground Floor A uPVC double glazed front entrance door opens into an ... Entrance Hall Having a built-in under stair store cupboard.
A staircase rises to the First Floor accommodation.
Living Room 3.63m x 4.27m A good sized bay fronted reception room, having a feature stone fireplace with display niches and an open grate, the fireplace extending to the side to provide TV standing.
Dining Room 3.51m x 3.63m A good sized reception room, having a uPVC double glazed door opening onto the rear of the property.
Kitchen 3.15m x 3.61m A dual aspect room, being part tiled and fitted with a range of wall, drawer and base units with complementary work surfaces over.
Inset single drainer sink with mixer tap. Integrated appliances to include an electric oven and 4-ring gas hob with concealed extractor over.
Space and plumbing is provided for a washing machine and a dishwasher. Tiled floor. A uPVC double glazed door gives access onto the side of the property.
Bedroom One 3.51m x 3.96m A good sized double bedroom having a bay window overlooking the front of the property.
Bedroom Two 3.51m x 3.78m A good sized rear facing double bedroom, having a range of built-in wardrobes along one wall.
Wet Room With waterproof boarding to the walls, and having a shower area with folding half height shower doors and an electric shower, wash hand basin and a concealed cistern WC.
Chrome heated towel rail. Waterproof vinyl flooring. Landing Having a built-in store cupboard.
Bedroom Three 3.33m x 3.51m A good sized double bedroom with gable end window, and having two built-in double wardrobes.
Bedroom Four 2.39m x 3.63m A good sized small double/single bedroom having a gable end window, and sliding mirror doors which open to a useful storage area with hanging rail.
Separate WC Fitted with a 2-piece suite comprising of a low flush WC, and a wash hand basin inset with a worktop, having tiled splashbacks and storage below.
Garden The property has a plot extending to approximately 0.49 acres in total. To the front of the property there is a lawned garden screened by hedging.
A gravelled driveway leads round to the rear of the property and provides off street parking for several vehicles.
To the rear of the property there is a paved seating area, a lawned garden and a fishpond. There are also some wooded garden sheds and a greenhouse. Beyond here there is a further large garden area.
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
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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
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FAQ
About Foljambe Avenue, Chesterfield, S40
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