The Hill, Glapwell, Chesterfield
W.

The Hill, Glapwell, Chesterfield

By W. T. Parker

£ 725,000

Reviews

2 out of 5 stars

W. T. Parker says ..

* Three bedroom detached bungalow with PLANNING PERMISSION for FIVE DETACHED DWELLINGS to the rear 22/00468/OUT * Bungalow needing modernisation and improvement * Development to the rear with two separate access points * Total area approx 1 acre with a further approx. 5.5 acres to the rear for ag...

Property Oracle says ..

This property at The Hill, Glapwell, Chesterfield, presents a unique opportunity in the Derbyshire housing market. It is a three-bedroom detached bungalow in need of renovation, but the significant selling point is the approved planning permission for the construction of five additional detached dwellings on the land behind the property. This significantly increases the potential return on investment, even considering the property’s current dated condition. The property shows signs of wear, particularly in the kitchen and bathrooms. These aspects require considerable investment and renovation. The property has an established garden, though it looks somewhat overgrown in the photos provided. Several nearby primary schools have good Ofsted ratings, making this a potentially attractive area for families. However, potential buyers should factor in the costs associated with a comprehensive renovation to improve the liveability of the existing house, and the need for a separate development plan to get the most out of the development potential. The proximity of the A619 and the rural character of the surroundings appeal to a specific segment of buyers. While the lack of nearby public transportation and precise details on immediate amenities may not appeal to all buyers, the property’s development potential is its most compelling feature.

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

Price
6
Condition
4
Location
4
Land
7
Bedrooms
3
Bathrooms
2
Sqft (est)
1,572.61

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
355,556.00 £
Increased by 28.46 %
from 276,775.00 £
Est sale value
550,413.50 £
Increased by 30.11 %
from 423,032.09 £
Average area rental value
1,169.00 £/mo
Decreased by 2.83 %
from 1,203.00 £/mo
Est letting value
1,572.61 £/mo
Unchanged by 0.00 %
from 1,572.61 £/mo
Est rental Yield
3.95 %
Decreased by 24.33 %
from 5.22 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • W. T. Parker created the listing.

Nearby Schools

NameTypeOfstedDistance
Bramley Vale Primary SchoolCommunity SchoolGood1.24 KM
Palterton Primary SchoolCommunity SchoolGood2.31 KM
New Bolsover Primary And Nursery SchoolCommunity SchoolGood4.23 KM
Bolsover Infant SchoolCommunity SchoolGood4.57 KM
The Bolsover SchoolAcademy ConverterGood4.65 KM

Images

Breakfast Kitchen Ensuite Shower Room Bedroom 2 Existing Plan.jpg Garden Room Bedroom 3 Garden From Roadside Lounge/Dining Room Lounge Lounge Family Bathroom Front Land Land Approx. Boundary Front of existing property Breakfast Kitchen Proposed Plan.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Maple Grove £ 000.00 KM
Waterloo Street £ 150,00000.00 KM
Hawthorne Avenue £ 000.00 KM
The Square £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Hill, Glapwell, S44 £ 300,000BUY7 / 100.04 KM
The Hill, Glapwell, Chesterfield £ 760,000BUY7 / 100.16 KM
The Hill, Glapwell, Chesterfield £ 295,000BUY7 / 100.18 KM
11.84 Acres of agricultural land, The Hill, Glapwell £ 195,000BUYUnknown0.20 KM
The Hill, Glapwell, S44 £ 475,000BUY7 / 100.26 KM

Nearby Properties

AddressPriceDistance
45 The Hill £ 240,0000.24 KM
21 The Hill £ 140,0000.24 KM
23 The Hill £ 245,0000.24 KM
29 The Hill £ 139,9500.24 KM
3 The Hill £ 224,0000.25 KM