Wilkins Vardy Residential says ..

Property Oracle says ..

This two-bedroom semi-detached house located on Williamthorpe Road, North Wingfield, Chesterfield, presents a compelling investment opportunity for buyers willing to undertake a comprehensive renovation project. The property is offered for sale with no chain, and the list price of £139,950 reflects the substantial work required to update the property to modern standards.

The current condition of the property shows significant wear and tear, including dated wallpaper, flooring, and kitchen and bathroom fixtures. The provided photos depict a property that requires a full scheme of modernization, impacting its immediate livability. Potential buyers must factor this cost into their financial calculations.

However, the property’s location in North Wingfield offers a convenient base. Its proximity to local amenities like schools and its relative proximity to Chesterfield could enhance its appeal once renovated. The presence of a garden and a detached garage further add to the property’s potential.

It’s important to note that while the average house price on Williamthorpe Road is considerably higher, this is primarily driven by properties in better condition. The price point, therefore, presents a potentially attractive entry point to the area for buyers with the skills, time and financial resources to execute a renovation project. Due diligence, including thorough surveys and cost estimations of the required renovation works, is crucial before making an offer on this property.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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