2-bedroom flat · S40 2GD
Listing removedListed 130 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bed top floor apartment set in the highly sought after area of The Spires Development in Chesterfield. This is the perfect home for anybody with hectic lifestyle!
Situated within close proximity of local shops and close by to Chesterfields Town Centre boasting a variety of fine cuisine, including Chinese and Indian Restaurants, high Street shopping and most famously The Historic Crooked Spire.
The smart apartment is also directly opposite Chesterfield's cinema complex and gyms.
Further benefits include great road links to junction 29 of the M1 motorway, Chesterfield's Royal Hospital, and Chesterfield Train Station.
Neutrally decorated with stylish modern fixtures and fittings for contemporary living; benefiting from a balcony, electric heating, double glazing, internal storage, a secure entry system with intercom and allocated parking.
LOUNGE/DINER A very spacious living area with patio doors providing access to the balcony.
KITCHEN/DINER Part tiled and fitted with a range of attractive beach coloured wall and base units, a stainless steal sink, oven, hob and extractor fan FAMILY BATHROOM Part tiled and benefiting from a white bathroom suite and a shower over bath facility.
MASTER BEDROOM Situated at the rear of the property this quiet room boasts an en-suite with a walk in shower facility.
BEDROOM TWO Another double bedroom - this airy room has a large window and is full of natural sunlight.
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
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FAQ
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