3-bedroom terraced house · S41 0BP
Listing removedListed 145 days
Opportunity summary
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About
***FOR SALE VIA LIVE STREAM AUCTION - 14TH JULY - 12:30*** An excellent opportunity to purchase a three bedroomed end-terraced house.
The property benefits from uPVC double glazing, together with gas central heating (not tested).
The property is situated on a larger than average plot and an internal inspection is strongly recommended to appreciate the accommodation on offer.
is well-placed for a wide range of local amenities and facilities, and is within walking distance of Chesterfield Royal Hospital.
The property requires a scheme of refurbishment throughout and is believed to be of interest to the owner occupier or investor, having a potential rental income in the order of £800 - £850 per calendar month (£9600 - £10200 per annum), once complete.
Tenure Freehold Ground Floor An entrance door leads through to the entrance hall with stairs to the first-floor accommodation and a useful under-stair store.
Comprising Lounge and Open Plan Kitchen/Diner. First Floor A flight of stairs leads to the first-floor landing. Comprising Bedroom One, Bedroom Two, Bedroom Three, and a Bathroom.
Outside Sees grounds to the front, side, and rear, together with off-road parking to the front.
Council Tax Band A Notice The purchaser will be required to pay to Auction House the sum of £350 plus VAT (£420 inc VAT) on exchange of contracts for the auction searches.
Energy Efficiency Rating (EPC) Current Rating C Local Authority Chesterfield Borough Council Solicitors Kieran Clarke Green, 36 Clarence Road, Chesterfield, S40 1XB, Ref: Joanne Ross, Tel: Important Notice to Prospective Buyers: We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable.
Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees Buyer's Premium - 1.5% plus VAT (1.8% inc VAT), subject to a minimum fee of £1950 plus VAT (£2340 inc VAT), payable on completion.
Administration Charge - £2340 inc VAT, payable on exchange of contracts. Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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 57 Houldsworth Drive, Chesterfield, Derbyshire, S41 0BP
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