2-bedroom house · S42 6HT
For saleReduced £5k (−2.2%) on 8 OctListed 182 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no onward chain, this two bedroom detached bungalow presents a superb opportunity for those seeking to downsize in the well-regarded suburb of Old Tupton.
Set on a generous plot within a quiet cul-de-sac, the property invites modernisation, making it an ideal choice for buyers eager to create their perfect home.
The dual aspect lounge is flooded with natural light and features a fireplace.
The open-plan kitchen and dining room provides ample space, while a separate utility/store room offers valuable additional storage and functionality.
Both bedrooms are comfortable doubles, with the second bedroom granting access to a generous conservatory that overlooks the rear garden - an ideal spot in the summer.
The layout is completed by three-piece shower room. Externally, the bungalow boasts beautifully landscaped gardens to both the front and rear.
The rear garden features an attractive mix of patio and lawn. An outbuilding offers further storage or workshop potential, appealing to those with hobbies or requiring extra space.
The property benefits from a single garage and a gated driveway with parking for up to three vehicles, ensuring convenience and security.
Situated in a quiet residential area, the bungalow is within easy reach of local amenities, reputable schools, and a variety of shops and eateries.
Excellent transport links connect Old Tupton to Chesterfield, Clay Cross, and the wider Derbyshire region, making this an exceptionally well-located home.
With its scope for modernisation and attractive outdoor space, this bungalow is a rare find in a sought-after neighbourhood. Eneregy Rating - tbc. Tenure - Freehold.
Redbrik securemovetm - important please read: Redbrik is marketing this property with the benefit of Redbrik SecureMoveTM.
Redbrik has introduced SecureMoveTM to help speed up the sales process, minimise sale fall-throughs and give more certainty to both the Seller and the Buyer.
Purchasers will benefit from the Buyer Information Pack (bip), which we have created with our legal partners, to give buyers more information before they agree to purchase.
The pack includes: TA6 (Property Information Form) TA10 (Fittings and Contents) Official Copy of the Register Title Plan Local Search* Water and Drainage Search* Coal and Mining Search* Environmental Search* (Redbrik has ordered the local, drainage, coal and environmental searches; we will add these to the bip as they become available) Redbrik SecureMoveTM allows the sale process to be completed significantly quicker than a ‘normal sale’.
This is because the legal work, usually done in the first four to eight weeks after the sale is agreed, has already been completed.
The searches, which can take up to five weeks, are ordered on the day the listing goes live and are transferable to the successful Buyer as part of their legal due diligence.
Additionally, and on behalf of the Seller, Redbrik requires the successful Buyer to enter into a Reservation Agreement and pay the Reservation Agreement Fee of £595 (including VAT).
This includes payment for the Buyer Information Pack and all the searches (which a buyer typically purchases separately after the sale is agreed).
Upon receipt of the signed Reservation Agreement, payment of the Reservation Agreement Fee, completion of id and aml checks and the issuing of the Memorandum of Sale, the Seller will agree to take the Property off the market and market it as Sold Subject To Contract (sstc).
During the Reservation Agreement period, the Seller will reject all offers and not enter into another agreement with any other buyer.
The reservation period is agreed upon at the time of sale but is usually between 60 and 120 days. The Reservation Fee is non-refundable except where the Seller withdraws from the sale.
A copy of the Reservation Agreement is available on request, and Redbrik advises potential buyers to seek legal advice before entering into the Reservation Agreement.
Garden Landscaped gardens to front & rear Parking - Garage Single garage and gated driveway for three vehicles
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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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About 16 Winster Close, Chesterfield
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