4-bedroom bungalow · S42 6SP
Listing removedListed 211 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A four-bedroom dormer bungalow offered with no upward chain, set within the highly sought-after village of Wingerworth.
The area provides an excellent blend of local amenities including shops, cafés and leisure facilities, alongside well-regarded schools.
Transport links are reliable, with regular bus services, straightforward road connections and Chesterfield Train Station within easy reach.
Wingerworth is also well known for its green spaces, woodland walks and parks.
In need of modernisation, this property presents an exciting opportunity for families wishing to add their own stamp and create a personalised long-term home.
The front door opens into a porch which leads through into the main hallway. Turning right, you enter the bright and spacious living room, featuring a fireplace and an open staircase.
The next right leads into the kitchen, fitted with cupboards and offering space for freestanding appliances, along with a door to a rear side porch providing outdoor access.
To the left of the hallway on entry is the third bedroom, a good-sized double with fitted wardrobes and a front-facing aspect.
Further along the hallway, next to the kitchen, is the well-proportioned dining room with ample space for family seating.
Adjacent is the fourth bedroom, also a generous size, overlooking the rear garden and currently used as an additional reception space.
Completing the ground floor is the bathroom, fitted with a three-piece suite including bath, sink and WC. Upstairs, there are two further bedrooms and a WC.
The main bedroom is a spacious front-facing double with fitted sliding wardrobes.
The second upstairs bedroom is also a large double, benefiting from fitted storage and enjoying views over the rear garden and open fields. A separate WC with sink completes the first-floor layout.
Externally, the rear garden offers a private, enclosed space with a surrounding patio and an easy-to-maintain lawn, backing directly onto fields.
To the front, a driveway runs down the side of the property, providing access to the detached single 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.
Area
Agent & docs
FAQ
About 54, Chartwell Avenue, Chesterfield
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