2-bedroom terraced house · S40 1BN
Listing removedListed 146 days
Opportunity summary
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About
***FOR SALE VIA LIVE STREAM AUCTION - 14TH JULY - 12:30*** An excellent opportunity to purchase a two bedroomed mid-terraced house.
The property benefits from gas fired central heating (not tested), together with uPVC double glazing.
The property is situated within a popular residential area close to a range of local amenities and facilities and is within walking distance to Chesterfield Town Centre.
The property requires a scheme of refurbishment throughout and is believed to be of interest to the owner occupier or investor, having a potential rental income in the order of £800 - £850 per calendar month (£9600 - £10200 per annum), once complete.
Tenure Freehold Ground Floor Comprising Lounge, Dining Room, Kitchen, and Lean-to Conservatory. First Floor A flight of stairs leads to the first-floor landing.
Comprising Bedroom One, Bedroom Two, and a Bathroom. Outside Sees a small courtyard to the front, together with a generous garden to the rear.
Council Tax Band A Energy Efficiency Rating (EPC) Current Rating D Local Authority Chesterfield Borough Council Solicitors J A Taft, 42 Clarence Road, Chesterfield, S40 1LQ, Ref: Jamie Poole, Tel: Important Notice to Prospective Buyers: We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable.
Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees Buyer's Premium - £1495 plus VAT (£1794 inc VAT), payable on completion. Administration Charge - £2340 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
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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 starting price
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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
Agent & docs
FAQ
About 25 Sterland Street, Chesterfield, Derbyshire, S40 1BN
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