2-bedroom terraced house · S40 4SD
Sold STCListed 32 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
REDUCED & ON THE MARKET TO BE SOLD - OFFERED WITH NO CHAIN - TWO BEDROOM TERRACE IN CHESTERFIELD TOWN CENTRE!
*SUPERB FIRST TIME BUYER OPPORTUNITY OR FOR DOWNSIZERS ALIKE* Spencer Street is a quiet residential road in Chesterfield, known for its mix of traditional terraced homes and easy access to local amenities.
The area has a relaxed, community feel while still being close to the town centre, shops, and green spaces.
It’s conveniently located roughly 0.5 miles (about a 10-minute walk) from Chesterfield Railway Station, making it a practical choice for commuters and those needing good transport links.
Ready to move into & a blank canvas to make your own, this property comprises:- entrance porch, lounge, dining room with access to the cellar, fitted kitchen & rear porch out onto the rear garden.
On the first floor are the two double bedrooms & combined shower room / WC. Gas central heating & uPVC double glazed.
IDEAL INVESTMENT - we believe it would rent out at £750 per calendar month - a yield of OVER 7%! FREEHOLD | COUNCIL TAX BAND A VIEWINGS BY APPOINTMENT ONLY - CALL HUNTERS TO BOOK YOURS NOW!
PLEASE NOTE: this property has been virtually staged for marketing purposes. A conveniently located two bedroomed property offering generous sized accommodation.
The property comprises; entrance porch, living room, dining kitchen, rear porch and cellar. Upstairs sees two good sized bedrooms and a shower room.
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
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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
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FAQ
About Spencer Street, Chesterfield, S40 4SD
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