2-bedroom flat · S45 9PA
For saleListed 30 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Smithybrook View, Clay Cross, Chesterfield is a two-bedroom home available for 100% ownership, offering practical accommodation for buyers aged 55 and over.
The property comprises two bedrooms and a family bathroom, providing a straightforward and manageable home for those looking to move to a property suited to later-life living.
The property is available to purchase outright at 100% ownership and has a service charge of £394.15. Eligibility criteria apply.
Applicants must be aged 55 or over, have a household income of £80,000 or less, and be unable to afford the full deposit and mortgage payments required to purchase a suitable home on the open market.
Applicants must also meet one of the qualifying circumstances, such as being a first-time buyer, a former homeowner unable to afford to buy again, forming a new household, being an existing shared owner looking to move, or owning a home but being unable to afford a suitable new property.
Applicants must also have a local connection to Chesterfield through residency, employment or family.
Where an applicant currently owns a property, the sale must have completed on or before completion of this purchase. All applicants will be subject to affordability and credit checks.
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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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 Smithybrook View, Clay Cross, Chesterfield
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