2-bedroom flat · S40 3AR
For saleListed 112 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
First floor flat - cul-de-sac position - single garage - no chain A well presented first floor flat offering 542 sq. Ft. Of neutrally decorated and easy to maintain accommodation.
The property features a generous dual aspect living room, fitted kitchen, two good sized bedrooms, and a bathroom/WC.
Externally, there are attractive communal gardens and a semi detached single garage.
Occupying a pleasant cul-de-sac position in a popular and convenient location, well placed for accessing the local shops, bars and restaurant on Chatsworth Road, and readily accessible for transport links towards the Town Centre and the Peak District.
This property represents an ideal first time purchase, investment opportunity, or downsizing option. - Early viewing is recommended.
General Gas central heating (Combi Boiler) uPVC sealed unit double glazed windows and doors Gross internal floor area - 50.4 sq.m./542 sq.ft.
Council Tax Band - A Tenure - Freehold Secondary School Catchment Area - Brookfield Community School On The Ground Floor A communal entrance door opens into a ...
Communal Hallway Having stairs with stair lift rising up to the first floor flats. The electric stair is owned by our client and will form part of this purchase.
On The First Floor A hallway which provides a small seating area and leads to the front entrance door.
Entrance Hall Having a door to a built-in store room with double doors opening to further storage. There is also a further built-in storage cupboard.
Bedroom One (3.33m x 3.20m (10'11 x 10'6)) A front facing double bedroom. Bedroom Two (3.33mx 2.03m (10'11x 6'8)) A good sized front facing single bedroom.
Bathroom (2.26m x 1.70m (7'5 x 5'7)) Being fully tiled and fitted with a white 3-piece suite comprising a panelled bath with electric shower over, pedestal hand wash basin and a low flush WC.
Chrome heated towel rail. Living Room (5.46m x 3.33m (17'11 x 10'11)) A generous dual aspect reception room having a wall mounted electric fire.. Swinging saloon style doors give access into the ...
Kitchen (2.29m x 2.26m (7'6 x 7'5)) Being part tiled and fitted with a range of wall, drawer and base units with complementary work surfaces over.
Inset single drainer stainless steel sink with mixer tap.
Space and plumbing is provided for a washing machine, and there is space for a fridge/freezer and a freestanding cooker having a concealed extractor hood over.
Outside The property comes with a single semi detached garage (door lock not working). There are also surrounding communal gardens.
Additional Information The property is Leasehold - 200 Year Lease from 25/03/1971 - 144 years remaining. Ground Rent: Tbc Service/Maintenance Charge: Tbc
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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FAQ
About 5 Holly Court, Glenthorne Close, Chesterfield
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