2-bedroom flat · S42 5RR
Sold STCReduced £5k (−8.3%) on 12 SepListed 251 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with no chain - brilliant investment or first time buyer home - two bedroom first floor apartment with allocated parking!
Ready to move into, this first floor apartment comprises:- hallway, lounge / diner, two bedrooms & bathroom.
An ideal investment, we believe this property would rent out at 650 - 700 per calendar month - nearly A 10% yield!
Situated the South side of Chesterfield, North Wingfield, is handy for M1 access J29, Clay Cross & Chesterfield Town Centre, five pits trail & local amenities.
Leasehold: Leaseholder: Premier Estates Leasehold Years remaining on lease; 135 Leasehold Annual Service Charge Amount £1,600 Leasehold Annual Ground Rent Amount: £250 Electric storage heaters | Council Tax Band A Disclosure Advert & description disclaimer; These particulars are intended to give a fair and reliable description of the property but no responsibility for any inaccuracy or error can be accepted and do not constitute an offer or contract.
We have not tested any services or appliances (including central heating if fitted) referred to in these particulars and the purchasers are advised to satisfy themselves as to the working order and condition.
If a property is unoccupied at any time there may be reconnection charges for any switched off/disconnected or drained services or appliances. All measurements are approximate.
Buyers aml fee disclosure; By law, we are required to conduct anti-money laundering checks on all potential buyers and sellers, and we take this responsibility very seriously.
In line with hmrc guidelines, we will securely manage these checks. Once an offer is accepted (subject to contract), a secure link for you to complete the biometric checks electronically.
A non-refundable fee of £62.50 + VAT (£75.00 inc VAT) per person will apply for these checks.
These anti-money laundering checks must be completed before we can send the memorandum of sale to the solicitors to confirm the sale.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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 39, Lincoln Way, Chesterfield
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