3-bedroom flat · S41 0FT
For saleReduced £5k (−3.8%) on 24 OctListed 156 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold This well-presented two/three-bedroom duplex apartment is positioned across the third and fourth floors of a modern development, offering spacious and versatile accommodation, alongside far-reaching views towards open fields.
Offered to the market with no onward chain, the property is ideally suited to first-time buyers, professionals, or investors.
The main living accommodation is located on the lower level and comprises a welcoming entrance hallway leading to a flexible reception room, currently utilised as a lounge, but equally suited as an third bedroom.
The impressive open-plan kitchen, dining and living space provides an excellent environment for both everyday living and entertaining, enhanced by a Juliet balcony which enjoys attractive views towards the surrounding fields.
A contemporary bathroom with a three-piece suite completes this floor. To the upper floor, the landing leads to two further bedrooms.
The principal bedroom is a generous double room with a Velux window allowing for excellent natural light, while the second bedroom offers flexible accommodation as either a small double or generous single bedroom, also benefitting from a Velux window.
Externally, the property benefits from an allocated parking space, adding further convenience for residents and visitors.
Ideally located close to Chesterfield Town Centre, the property enjoys easy access to a wide range of shops, bars, restaurants, and leisure facilities, along with excellent transport links including Chesterfield train station and key commuter routes.
The nearby Peak District National Park also provides superb outdoor and recreational opportunities, making this an excellent location for both professionals and those seeking a balance between town and countryside living.
Tenure - Leasehold; EPC Rating - B Redbrik securemovetm - important please read: Redbrik is marketing this property with the benefit of Redbrik SecureMoveTM.
Redbrik has introduced SecureMoveTM to help speed up the sales process, minimise sale fall-throughs and give more certainty to both the Seller and the Buyer.
Purchasers will benefit from the Buyer Information Pack (bip), which we have created with our legal partners, to give buyers more information before they agree to purchase.
The pack includes: TA6 (Property Information Form) TA10 (Fittings and Contents) Official Copy of the Register Title Plan Local Search* Water and Drainage Search* Coal and Mining Search* Environmental Search* (Redbrik has ordered the local, drainage, coal and environmental searches; we will add these to the bip as they become available) Redbrik SecureMoveTM allows the sale process to be completed significantly quicker than a ‘normal sale’.
This is because the legal work, usually done in the first four to eight weeks after the sale is agreed, has already been completed.
The searches, which can take up to five weeks, are ordered on the day the listing goes live and are transferable to the successful Buyer as part of their legal due diligence.
Additionally, and on behalf of the Seller, Redbrik requires the successful Buyer to enter into a Reservation Agreement and pay the Reservation Agreement Fee of £595 (including VAT).
This includes payment for the Buyer Information Pack and all the searches (which a buyer typically purchases separately after the sale is agreed).
Upon receipt of the signed Reservation Agreement, payment of the Reservation Agreement Fee, completion of id and aml checks and the issuing of the Memorandum of Sale, the Seller will agree to take the Property off the market and market it as Sold Subject To Contract (sstc).
During the Reservation Agreement period, the Seller will reject all offers and not enter into another agreement with any other buyer.
The reservation period is agreed upon at the time of sale but is usually between 60 and 120 days. The Reservation Fee is non-refundable except where the Seller withdraws from the sale.
A copy of the Reservation Agreement is available on request, and Redbrik advises potential buyers to seek legal advice before entering into the Reservation Agreement.
EPC Rating: B Parking - Allocated Parking Externally, the property benefits from an allocated parking space, adding further convenience for residents and visitors.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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About Flat 64, Markham Quay, Chesterfield
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