56 Springvale Close, Danesmoor, Chesterfield, Derbyshire

Description

Vacant freehold semi-detached house by order of a Housing Association. Ground floor accommodation comprises a reception room and kitchen; first floor comprises two bedrooms and a bathroom with WC. The property has a garden and driveway providing off-street parking. GIA approximately 66 sq m (710 sq ft), source: EPC.

Accommodation

Ground floor: reception room, kitchen. First floor: two bedrooms, bathroom with WC.

Location

The property is located on the north side of Springvale Close. The shops and amenities of Clay Cross are located nearby to the north. Chesterfield Railway Station (EMR Services) is approximately 6.2 miles north. The A61 is easily accessed to the west. The Peak District National Park is to the north west.

Tenure / Property Information

Investment Analysis

Recent same-street Land Registry sales provide the strongest evidence: £195,000 on 28 July 2026 and £190,000 on 16 February 2026, with an older 2022 sale at £180,000. As the comparable sizes, condition and specification are not supplied, a cautious evidence-based range is £180,000–£195,000, with £190,000 used as the base GDV.

Investment Snapshot

Strategy Recommendation

Potential value-led purchase or resale opportunity, subject to survey, legal review and confirmation of all buyer and seller charges. Do not bid to a calculated maximum until works and transaction costs are established.

Works Required

No specific repairs or refurbishment works are evidenced. A pre-bid inspection and checks of the vacant house, kitchen, bathroom, services, heating, roof, windows and general condition are required before costing works.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the £190,000 base GDV, a theoretical 75% refinance is £142,500. However, refurbishment cost, acquisition costs, finance costs, rent and achievable refinance terms are not supplied, so cash left in and BRRR returns cannot be calculated.

Buy-to-Let Analysis

BTL analysis cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. Unknown condition, works, buyer costs and third-party charges also prevent a reliable total-cost yield calculation.

Flip Analysis

The recent same-street sales indicate potential resale value materially above the £90,000 guide. A reliable flip surplus cannot be calculated because condition, refurbishment cost, acquisition costs, selling costs and other charges are unknown.

Investor Risks & Due Diligence

• Comparable sale sizes, layouts and conditions are not supplied, so direct valuation comparability is uncertain.

• The property's internal condition and required works are unknown.

• No sufficiently specific rental evidence is available, preventing BTL yield analysis.

• Buyer, administration, selling and other third-party charges are not quantified.

• Vacant possession is stated, but no detailed inspection or service information is provided.

Recommendation

Potential value-led purchase or resale opportunity, subject to survey, legal review and confirmation of all buyer and seller charges. Do not bid to a calculated maximum until works and transaction costs are established.

Strategy Rating

Analysis Confidence

Recent same-street completed sales support the GDV range, but comparable size and condition details, rental evidence, property condition, refurbishment costs and fees are unavailable.