We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom house · S44 5QU
Listing removedReduced £5k (−1.9%) on 21 JunListed 222 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located on a popular street in Heath, this significantly extended semi-detached home offers a fantastic opportunity for a range of buyers, from growing families to professional couples and those seeking a layout suited to multi-generational living.
The property is welcomed by an extended front porch, which leads into the main entrance hall.
From here, the home opens into a generously sized open-plan kitchen and dining area, creating a fantastic space for modern families.
The contemporary kitchen is fitted with a range of integrated appliances and is complemented by an adjoining utility room, adding further practicality.
The dining area provides ample room not only for formal dining but also for a relaxed lounge or play space for children.
From here, doors open into a conservatory, enhancing the living space and allowing great access to the garden. The light-filled living room features a log-burning stove for more relaxed evenings.
The ground floor is further enhanced by a contemporary shower room, offering convenience.
Upstairs, the property offers four well-proportioned bedrooms, with the front-facing rooms enjoying fabulous views across open fields.
A fifth bedroom is accessed via bedroom four, providing a flexible space that could be utilised as a dressing room, nursery or home office depending on individual needs.
The accommodation is completed by a family bathroom. Externally, the enclosed rear garden provides a private and low-maintenance outdoor space.
To the front of the property, a block-paved driveway provides off-street parking and completes this excellent home.
Heath is a charming countryside village surrounded by picturesque walks and open countryside. A selection of local shops and everyday amenities are close by, including a popular village bistro pub.
Transport links are excellent, with convenient access to key commuter routes and the motorway network. The area is also well served by highly regarded schools for students of all ages.
Disclaimer- Room usages are intended as a guide and buyers should satisfy themselves regarding the property's layout.
Redbrik securemovetm - important please read: Redbrik is marketing this property with the benefit of Redbrik SecureMoveTM.
Redbrik has introduced SecureMoveTM to help speed up the sales process, minimise sale fall-throughs and give more certainty to both the Seller and the Buyer.
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: 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 on the day the listing goes live and are transferable to the successful Buyer as part of their legal due diligence.
Additionally, and on behalf of the Seller, Redbrik requires the successful Buyer to enter into a Reservation Agreement and pay 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.
Rear Garden Externally, the enclosed rear garden provides a private and low-maintenance outdoor space, ideal for relaxing, entertaining or allowing children to play in a secure environment.
Parking - Driveway To the front of the property, a block-paved driveway provides convenient off-street parking and completes this excellent home.
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 31 Slack Lane, Chesterfield
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