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See how verdicts work3-bedroom semi-detached house · S44 5RF
Listing removedListed 59 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Attention all investors! Please read property description - in need of A total, back to shell refurbishment due to fire!
Three bedroom semi detached - offered with no chain - for sale by modern method of auction (fees apply).
Heath is a popular and well-established village on the outskirts of Chesterfield, offering a pleasant blend of village charm, everyday convenience and easy access to the surrounding countryside.
The area is particularly appealing to families and professionals, with a range of local amenities, schools, shops and traditional pubs close at hand.
The village enjoys excellent transport links, with Chesterfield town centre just a short drive away, providing a wider selection of shops, restaurants, leisure facilities and amenities.
The nearby road network also gives straightforward access to the M1, making Sheffield, Nottingham and the wider region readily accessible.
For those who enjoy the outdoors, Heath benefits from its attractive semi-rural setting, with plenty of opportunities for walking and exploring the surrounding Derbyshire countryside.
The combination of a welcoming community, convenient location and access to open space makes Heath a desirable place to call home.
The property has been severely damaged by fire and the owners have been advised that the property is structurally sound, but will require a total rip-out & refurb.
Due to the nature of the property viewings are strictly by appointment. All parties entering the property will be doing so at their own risk and the correct site protection worn.
Interested parties must watch the video of the internal of the property before viewing. Westerly facing rear garden - driveway parking.
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.
Modern Method Of Auction This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken.
Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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
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
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FAQ
About 9, Heather Avenue, Chesterfield
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