5-bedroom house · S42 6TF
Listing removedListed 222 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located on Lydgate Drive in the popular village of Wingerworth, this five-bedroom family home occupies a quiet residential position and offers well-proportioned, versatile accommodation, landscaped outdoor space and excellent potential for buyers looking to personalise a home to their own requirements.
Available with no onward chain. The ground floor features an open-plan dual-aspect lounge and dining area with bay windows, flooding the space with natural light.
The fitted kitchen is complemented by an adjoining utility room for added practicality.
Upstairs, five bedrooms offer ample space for a growing family or guests, while the layout allows flexibility for a home office or hobby spaces.
A family bathroom, currently configured with a three-piece suite, completes the accommodation.
Outside, the home boasts a low-maintenance, landscaped rear garden that is fully enclosed, making it an ideal space for children to play whilst you relax in the sun.
Off-street parking is provided via a driveway leading to an attached garage, providing convenience and additional storage space, if required.
Wingerworth remains one of Chesterfield’s most sought-after villages, offering a strong sense of community alongside a range of local amenities, well-regarded schools and nearby countryside walks.
The property is also conveniently positioned for access to Chesterfield town centre, major road links and is within walking distance of two popular pubs.
Energy 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.
EPC Rating: D Garden Low maintenance landscaped enclosed garden Parking - Garage
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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About 24 Lydgate Drive, Chesterfield
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