1-bedroom flat · S40 3JW
Listing removedListed 122 days
Opportunity summary
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About
A one bedroom retirement situated on the ground floor Stephenson Court was constructed by McCarthy & Stone (Developments) Ltd and comprises 44 properties arranged over 3 floors each served by lift.
The development is in an ideal location with many shops and amenities close by including Doctors, Chemist, Londis Store a Post Office and a Bakers.
The local park is also a short walk away with several routes. The bus stop is very close by and takes you into town, passing Morrison’s on route, there’s also a bus that travels into Bakewell.
Residents have weekly games night, exercise class, crossword afternoon, coffee mornings, afternoon tea, jigsaw puzzles etc.
We have entertainment nights including various singers, fish & chip, pizza nights, games/quiz evenings etc.
Deliveries on request such as milk, papers, Ringtons Tea Merchants, post is delivered to your door.
Accomodation Front door with spy hole leading to Entrance Hall Emergency intercom and security door entry system. Illuminated light switch. Ceiling light fitting. Power point.
Door to airing cupboard housing Gledhill Pulsacoil water heater, shelving, storage space and electric meters. Living Room With Patio Doors Electric night storage heater.
Fire surround with electric fire. Power points to include TV aerial point. Telephone point. Ceiling light fitting. Emergency pull cord.
Patio Door to Car Park Kitchen Tiled and fitted with a range of wall and floor units with work tops. Stainless steel sink unit with single drainer and taps. Working surfaces.
Built-in electric fan oven, four ring electric hob and overhead extractor hood. Under counter fridge and freezer. Spot lights. Fan heater. Power points.
Bedroom Built in wardrobes with folding mirrored doors, hanging rail and shelves over. Ceiling Light fitting. Electric night storage heater. Emergency pull cord. Illuminated light switch.
T.V aerial point and power points. Wet Room Tiled and fitted with suite comprising walk in wet room and emergency pull cord. WC with low level flush and vanity unit with mirror over.
Ceiling light, extractor fan, wall mounted electric heater.
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
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FAQ
About 10, Stephenson Court, Chesterfield
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