2-bedroom flat · S41 0FE
For saleListed 383 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold A spacious two-bedroom ground-floor apartment in a highly convenient location, with designated parking and a current rental yield of 6.48%.
Situated within the popular Oliver House development, this apartment is just a short walk from Chesterfield town centre and the train station, making it an ideal first home or investment opportunity.
The property is currently let on an Assured Shorthold Tenancy, generating £8,100 per annum, and has been consistently well-maintained under professional management.
The accommodation includes a welcoming entrance hall with storage, a generous living and dining room, and a fitted kitchen to the rear.
There are two bedrooms – the principal with built-in wardrobes – plus a modern bathroom with a shower over the bath.
Outside, the property enjoys maintained communal gardens and grounds, along with a designated parking space within the residents’ car park.
Available with no onward chain, this is an excellent opportunity to acquire a well-located and compliant modern rental property.
EPC Rating - C; Tenure - Leasehold (999 years commencing from 1 January 2001). EPC Rating: C Parking - Allocated Parking Designated parking
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Flat 3 Oliver House, Wain Avenue, Chesterfield
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