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See how verdicts work2-bedroom house · S42 5EN
For saleListed 78 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No chain - sold with sitting tenant....This well-presented two double bedroom house is ideally situated in the heart of the popular village of Grassmoor, offering convenient access to local amenities and excellent transport links to the nearby towns of Clay Cross and Chesterfield.
The property features neutral decor and carpets throughout, creating a bright and welcoming atmosphere.
The accommodation includes two versatile reception rooms, providing flexible space for living and dining.
The modern kitchen is open plan to the dining room (second reception room), making it ideal for entertaining or family life.
Upstairs, there are two generously sized double bedrooms and a stylish bathroom fitted with a white suite, shower over the bath, and a useful cupboard housing the washing machine.
The property benefits from gas central heating and uPVC double glazing for comfort and efficiency.
Offered for sale with no onward chain and a sitting tenant in place, this is an excellent investment opportunity with a gross yield of 6.75 percent.
The location provides easy access to the M1 motorway (junction 29) and main commuter routes, while being within walking distance of the Avenue Nature Reserve and Grassmoor Country Park, and only a short journey from the beautiful Peak District.
The property is freehold and falls within Council Tax Band A. Outside, the south facing rear garden is fully enclosed, perfect for enjoying the sun throughout the day.
The garden features a well-maintained lawn and a patio seating area, offering an ideal setting for outdoor dining, relaxing, or entertaining guests.
There is a small frontage to the property which may be suitable for parking a small car or bike (subject to size and access).
Additional on street parking is available directly to the front of the property, providing convenient options for residents and visitors alike.
The garden and outdoor space are designed for low maintenance, making this an attractive proposition for both investors and those seeking a comfortable home with manageable outside areas.
The combination of private outdoor space and proximity to local parks and green spaces ensures a perfect balance between village living and access to nature.
Video tour - take A look around Lounge (4.23m x 3.40m) Dining Room (4.52m x 3.72m) Bed 1 (4.21m x 3.42m) Bed 2 (3.76m x 3.28m) Bathroom (2.41m x 2.14m) Rear Garden Enclosed south facing rear garden with lawn and patio seating areas Parking - Off Street Small frontage to the property may be suitable for parking a small car/bike Parking - On Street On street parking is available to the front of the property Disclaimer These particulars do not constitute part or all of a contract.
While we endeavour to make our particulars fair, accurate and reliable, they are only a general guide to the property the photos are for reference purpose only, the appliances/white goods advertised may not be in situ and have not been tested.
If there are any points which are of particular importance to you or any particular appliances or white goods required please check with the office and we will be pleased to check the position on these.
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.
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FAQ
About 34 Chapman Lane, Chesterfield
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