We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom semi-detached house · S41 0EJ
Sold STCListed 192 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This property requires a full programme of refurbishment and modernisation throughout, making it ideal for investors or buyers seeking a project with strong potential.
Situated in an excellent location close to Chesterfield town centre, within walking distance to the train station and easy access to Chesterfield Royal Hospital.
Set back from the road with a garden at the front, access is to the side of the house.
The property opens into a small entrance area, leading through to a front living room featuring a bay window, allowing plenty of natural light.
To the rear, the kitchen has two useful storage cupboards/pantries, access to a ground floor bathroom and the rear garden.
Upstairs, the first floor offers three bedrooms, including two double bedrooms and a single bedroom, providing flexible accommodation.
Externally, the property benefits from a generous rear garden offering a substantial outdoor space with excellent potential.
The garden is currently overgrown and requires clearance and landscaping, however it presents a great opportunity to create an attractive outdoor area.
There is also a small outbuilding to the rear, ideal for storage. Beyond the garden, the property backs onto open fields with views across to grazing horses, adding a more rural feel to the setting.
This is an investor "must see" property offering great potential.
ADDITIONAL INFORMATION - Freehold - Council Tax Band A - EPC Rating TBC - Restrictive Covenants For more information please see the Key Facts for Buyers report within this listing by clicking on the second arrow in the photo section
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 advisers 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 New Houses, Piccadilly Road
Explore nearby