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See how verdicts work3-bedroom terraced house · S42 5EL
For saleListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £140,000 - £150,000 This traditional three-bedroom mid-terrace house in Grassmoor presents a fantastic opportunity for first-time buyers, growing families, or investors looking for a well-proportioned home.
Offering light-filled accommodation and a highly practical layout, the property combines classic proportions with comfortable living space throughout.
No onward chain The ground floor opens into a bright and airy entrance lounge, creating a welcoming first impression and a relaxing environment to unwind.
Moving through, a separate formal dining room provides an ideal setting for everyday meals and hosting family and friends, offering excellent flexibility for modern living.
To the rear sits the brand new fitted kitchen, arranged with practical worktop space and positioned to overlook the rear garden.
Upstairs, the upper floors house three well-proportioned bedrooms, providing comfortable accommodation for family members, guests, or a dedicated home workspace.
Serving the bedrooms is a generous family bathroom fitted with a complete suite and separate shower.
Outside, the property features a neat front courtyard alongside an enclosed, southerly-facing rear garden that offers a private setting to enjoy outdoor relaxation and sunshine throughout the day.
Convenient on-road parking is readily available along the front.
Situated in the popular village of Grassmoor, the property is conveniently placed for a range of local amenities, independent shops, and primary schooling.
Grassmoor Country Park is within easy reach, providing fantastic green spaces for outdoor strolls.
Excellent road links offer swift access into nearby Chesterfield town centre, as well as convenient commuter routes towards the M1 motorway.
Offering spacious living areas, three bedrooms, a sunny rear garden, and a location close to key local amenities, 16 Chapel Road is a wonderful opportunity in a popular residential setting.
Energy Rating - tbc.
Tenure - Freehold redbrik securemovetm - important please read: This property is being marketed with Redbrik SecureMoveTM, our approach to bringing greater transparency, commitment and certainty to the home moving process.
By providing important property and legal information upfront, SecureMoveTM helps buyers make more informed decisions, helps prevent unnecessary delays and minimises the risk of a sale falling through, providing greater reassurance for both buyers and sellers.
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: Property Information Questionnaire (piq) 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 prior to marketing and are transferable to the successful buyer as part of their legal due diligence.
Additionally, and on behalf of the seller, Redbrik requests that the successful Buyer enters into a Reservation Agreement and pays 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.
If you have any questions about the process or want to know how selling or buying with Redbrik SecureMoveTM could benefit you, please speak to a member of the Redbrik team.
Rear Garden Outside, the property features a neat front courtyard alongside an enclosed, southerly-facing rear garden that offers a private setting to enjoy outdoor relaxation and sunshine throughout the day.
Parking - On Street
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.
Area
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FAQ
About 16 Chapel Road, Chesterfield
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