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See how verdicts work2-bedroom bungalow · S41 0HP
Listing removedListed 116 days
Opportunity summary
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About
* two bedroomed bungalow * three acres of land to rear * large lounge/dining room * sun room with views over the garden and land * breakfast kitchen * two double bedrooms * refitted shower room/W.C.
* off street parking * attached garage * gardens to rear * double glazing & gas central heating A rare opportunity to acquire a spacious and well proportioned two bedroomed bungalow with an adjoining three acres of grazing land.
The property itself offers a practical living space which is conveniently located to take advantage of local amenities but is also within close proximity to Chesterfield town centre and associated facilities.
Internally, the property briefly comprises entrance porch, entrance hall, refitted shower room/w.c., breakfast kitchen with front aspect, spacious lounge/dining room with log burning stove, sun room with views over the garden and land along with two double bedrooms.
The property also benefits from gas fired central heating and UPVC double glazed windows and doors. Ground Floor Accommodation Entrance Porch With windows and doors to front elevation.
Entrance door leading through to: Entrance Hall With wood flooring, built-in cupboards and doors leading to: Shower Room/Wc Having been fitted with a white suite comprising large walk in-shower enclosure with fitted shower, vanity unit with inset wash basin and mixer tap over, low flush w.c., double glazed window to front elevation, inset ceiling spotlights and heated towel rail.
Lounge/Dining Room (5.76m x 4.29m (18'10" x 14'0")) A fabulous reception room which enjoys a rear aspect and has plenty of space for lounge and dining room furniture.
Also having original wood flooring, chimney breast with inset cast-iron log burning stove, double glazed window to rear elevation and two radiators.
Sun Room Being of brick and UPVC double glazed and having views over the rear garden and land beyond.
Breakfast Kitchen (3.13m x 2.95m (10'3" x 9'8")) Fitted with wall and base cupboard units with worksurfaces over and inset single drainer sink unit.
Also having built-in double oven with gas hob and extractor canopy over, space for undercounter fridge and freezer, space and plumbing for washing machine, ceramic tiled splashbacks, double glazed window to front elevation and radiator.
Inner Hallway With stairs to first floor accommodation, radiator and door leading through to: Bedroom Two (3.80m x 2.85m (12'5" x 9'4")) Fitted with a comprehensive range of bedroom furniture providing useful hanging and storage space.
Also having space for double bed, double glazed window to rear elevation, feature flooring and radiator.
First Floor Accommodation Landing/Study Space With built-in storage and door leading through to: Bedroom One (4.33m x 2.52m (14'2" x 8'3")) With double glazed window to side elevation and radiator.
Outside To the front of the property there is a driveway which provides ample off street vehicular parking and leads to the attached garage which has power and light and electronically operated roller door.
There is also an electronically operated sliding front gate for added security.
To the rear there is a patio area which leads to a good sized lawned garden with clearly defined fenced boundaries and double gates leading to the land beyond.
3 Acres Of Grazing Land A particular feature of the property is the three acres of grazing land (not measured) which is accessed directly from the rear garden and has the benefit of an additional access further along Spital Lane.
The Spital Brook runs alongside the Southern boundary. Services We understand all mains services are connected to the property.
Epc The Property as an EPC Rating of 77/C Tenure The Property and land are held on separate title and are both Freehold.
Viewing Arrangements For further information or to arrange a viewing, please contact the agents: Lisa Griffiths | | Rachael Grange | Council Tax Banding Band B Chesterfield Borough Council Local Authority & Planning All enquiries should be directed to: Chesterfield Borough Council Town Hall Rose Hill Chesterfield S40 1LP Tel:
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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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.
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FAQ
About 199, Spital Lane, Chesterfield
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