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See how verdicts work2-bedroom house · S41 0HL
No longer listedListed 83 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to this two-bedroom semi-detached home, offered to the market with no upward chain and situated in the highly regarded area of Spital.
The property enjoys a convenient location with a range of local amenities close by, including shops, cafés, and everyday services, while Chesterfield town centre is just a short distance away, providing a wider selection of retail, leisure, and dining facilities.
Chesterfield Royal Hospital is also within easy reach, and the area benefits from excellent transport links, including convenient access to major road networks, the M1 motorway, Chesterfield train station, and regular bus services.
Queens Park is nearby, offering attractive green spaces, leisure facilities, and walking routes.
This property represents an ideal opportunity for first-time buyers and couples seeking a home with scope to modernise and personalise.
Requiring modernisation throughout, the property offers excellent potential to create a home tailored to individual tastes and requirements.
Access is gained via a side entrance through the car port, leading into the hallway with staircase rising to the first floor.
To the left is the living room, a spacious front-facing reception room featuring a bay window and fireplace, creating an attractive focal point.
Positioned to the right of the hallway is the kitchen diner, fitted in an L-shaped layout and providing space for a small dining table.
The room also benefits from a useful storage cupboard and leads through to the garden room.
The garden room provides an additional versatile space and benefits from an external door to the rear garden, along with a side door providing access back into the car port.
Also located on the ground floor is a convenient WC accessed from the hallway. To the first floor are two bedrooms and the family shower room. The landing also benefits from useful storage.
Bedroom one is a spacious front-facing double room, while bedroom two is another well-proportioned room overlooking the rear garden and benefitting from a built-in storage cupboard.
The shower room is fully tiled and configured as a wet room, fitted with a shower, wash basin, and WC.
Externally, the rear garden is enclosed and offers a pleasant outdoor space with excellent potential.
A patio area extends along the side of the garden, with planting areas and shrubs to one side and a lawned garden to the other.
A useful shed is positioned at the rear, while the garden backs onto fields, creating an attractive and private outlook.
A door from the garden also provides access to the attached garage, offering further storage.
To the front of the property, a driveway provides off-road parking and leads to a spacious car port and attached garage to the rear.
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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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 159, Spital Lane, Chesterfield
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