2-bedroom flat · S40 1AQ
Listing removedListed 62 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** AVAILABLE NOW *** *** WITH PARKING *** Wilkins Hammond are delighted to offer this newly renovated two-bedroom apartment, forming part of the attractive West Bars House development in the heart of Chesterfield town centre.
Finished to a high standard throughout, the property offers stylish and well-proportioned accommodation, together with the valuable benefit of parking.
Key features include: Newly renovated second-floor apartment Spacious open-plan living and dining area Bespoke fitted kitchen Two double bedrooms Luxury shower room Parking Chesterfield town-centre location Convenient access to the M1 The accommodation briefly comprises a communal entrance hall with stairs rising to the second floor, private entrance hallway, spacious open-plan living, dining and kitchen area, principal double bedroom, further double bedroom and luxury shower room.
West Bars House is ideally situated within easy walking distance of Chesterfield town centre and its excellent range of shops, cafés, bars, restaurants and other amenities.
The property is also well placed for commuting, with convenient road links and the M1 approximately ten minutes away by car. Early viewing is highly recommended to avoid disappointment!
UNFURNISHED Rent: £675 PCM Tenancy: Assured Periodic Tenancy Council Tax Band: A Security Deposit: £775 Smoking: Not permitted within the property Please speak with the agent to discuss the parking arrangements for the building.
A holding deposit of £155 is required to reserve the property. This is not an additional fee.
Once the tenancy agreement has been signed, and with the applicant’s consent, it will be applied towards the first month’s rent.
The tenancy deposit and remaining balance of the first month’s rent will then be payable before the tenancy begins.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Flat 6 West Bars, Chesterfield, Derbyshire, S40
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