Dales & Peaks says ..

Property Oracle says ..

This property is a five-bedroom detached house located in Inkersall, Chesterfield, listed at £650,000. It features a large plot of approximately one-third of an acre, offering considerable outdoor space, a sizeable 4,316 sq ft internal space, and an additional annex. The property includes four bathrooms, a conservatory, and even a swimming pool, although the photos suggest it requires significant refurbishment.

The house appears structurally sound but is in need of modernisation, which could entail significant expenditure. The kitchen and bathrooms, in particular, look dated, and there is evidence of wear and tear in various parts of the property. The swimming pool, shown in pictures, is visibly neglected and would need substantial repair and cleaning. The potential for renovation is significant. Once modernised, this house could offer luxury family living with ample space and attractive outdoor areas.

The location is in Inkersall, a residential area in Chesterfield. While proximity to schools and a railway station are positive, the area isn’t as high-end as some others in Chesterfield. Other properties in the immediate vicinity are considerably more affordable, but it’s important to note that those properties are of a different size and overall condition. The asking price may be viewed as high by some, but the size of the house, including the annex, the private driveway, and the substantial land, might appeal to buyers looking for a project with a great potential for return on investment. Overall, the property’s appeal is dependent on the buyer’s desire to undertake renovations and upgrade an older property with great potential. The considerable land value alone makes a significant contribution to the overall price. Buyers should obtain several professional valuations and surveys before purchasing.

Therefore, we give this property 6 / 10. Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.

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