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See how verdicts work3-bedroom bungalow · S44 5RX
Likely sold STCListed 58 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offering an exciting opportunity for purchasers looking to create something special, this vacant property is located in the sought-after village of Heath and is offered for sale with no onward chain.
The existing property is in need of comprehensive renovation and is currently connected to mains electricity and mains drainage.
Due to its present condition, the property is considered suitable for cash purchasers only, making it an ideal proposition for builders, developers or buyers seeking a significant renovation project.
The property has shared access of the entrance driveway and space for a driveway and garden area.
Heath is an attractive and well-established Derbyshire village, approximately four and a half miles south-east of Chesterfield.
The village is particularly well positioned for commuters, lying immediately adjacent to Junction 29 of the M1 and the A617, providing excellent road connections towards Chesterfield, Sheffield, Mansfield, Nottingham and the wider motorway network.
Despite its excellent transport links, Heath retains a traditional village setting and enjoys views across the surrounding Derbyshire countryside.
Local facilities and bus services are available within the village, while Chesterfield provides a much wider selection of shops, schools, leisure facilities and a mainline railway station with direct connections to a number of major UK cities.
The property is freehold and sits in council tax band E.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
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FAQ
About 00, Main Road, Chesterfield
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