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See how verdicts work1-bedroom flat · S41 0GF
For saleListed 131 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well appointed one bed second floor apartment - edge of town centre location - secure residents parking A fantastic opportunity to own a well presented one bedroom apartment ideally situated on the edge of the town centre, and just a short distance from the railway station.
This charming apartment boasts an inviting open plan kitchen, living, and dining area, perfect for modern living and entertaining.
The apartment also features a spacious bedroom, a well appointed bathroom, and the added convenience of secure resident parking.
With no onward chain, this property is perfect for first time buyers or investors looking for a hassle free purchase.
General Electric heating uPVC sealed unit double glazed windows and doors Gross internal floor area - 46.9 sq.m./505 sq.ft.
Council Tax Band - A Tenure - Leasehold Secondary School Catchment Area - Hasland Hall Community School On The Ground Floor A communal entrance door gives access to steps which take you up to the second floor.
Entrance Hall Having a door to a useful built-in storage cupboard.
Lounge/Diner/Kitchen (6.60m x 4.27m) A spacious open plan room, the kitchen area being part tiled and fitted with a range of wall, drawer and base units with complementary work surfaces over.
Inset single drainer stainless steel sink with mixer tap. Integrated appliances to include a washing machine, electric oven and hob with stainless steel extractor hood over.
Space is provided for a fridge/freezer Vinyl flooring to the kitchen area and carpet flooring to the lounge/diner. Downlighting. Bedroom (4.29m x 2.84m) A spacious double bedroom with downlighting.
Bathroom (2.31m x 1.78m) Being part tiled and fitted with a white 3-piece suite comprising a panelled bath with glass shower screen and bath/shower mixer tap, pedestal wash hand basin and a low flush WC.
Tiled floor. Additional Information The property is Leasehold - 999 Year Lease from 01/01/2007 - 980 years remaining.
Ground Rent: £150 per annum (as at 2025) Service Charges: £1404.07 per annum (as at 2026) Insurance: £403.69 per annum (as at 2025) All above charges are subject to annual review.
Parking - Secure Gated Remote gated access leads to a secure car park for residents with a single allocated parking space.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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
FAQ
About Apt 214, Piccadilly Heights Wain Avenue, Chesterfield
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