Modern Method of Auction
Auction date not yet published
1-bedroom flat · S43 1GA
For saleReduced £10k (−11.1%) on 4 AugListed 92 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a sought-after position within a private, gated complex, this well presented one bedroom duplex apartment forms part of an attractive Grade II listed building, blending period charm with modern living.
Arranged over two floors, the property offers a more spacious and versatile layout than a traditional apartment, making it an appealing choice for both first time buyers and investors alike.
Upon entering the property on the ground floor, you are welcomed into a generous open plan kitchen, living and dining space.
This inviting room is filled with natural light, enhanced by large windows that not only brighten the space but also emphasise the character and proportions of the building.
The fitted kitchen is thoughtfully arranged to maximise both storage and worktop space, seamlessly integrating with the living area to create a sociable and practical environment, perfect for both everyday living and entertaining.
Also located on the ground floor is the bathroom, fitted with a bath and shower, providing a functional space that complements the property’s overall style.
A staircase rises from the main living area to the first floor, where the accommodation continues to impress.
The bedroom is well-proportioned, offering ample space for furnishings while retaining a comfortable and airy feel.
The continuation of large windows ensures the upper floor benefits from the same abundance of natural light, enhancing the overall sense of space throughout the apartment.
The apartment retains a wealth of character associated with its historic setting, with the duplex layout further enhancing its individuality and appeal.
Externally, the development is set within secure, gated grounds, offering residents peace of mind and exclusivity, with the added benefit of parking spaces available within the complex.
Combining period features with modern convenience, a well-balanced layout and a desirable setting, this unique duplex apartment presents an excellent opportunity for those looking to step onto the property ladder or for investors seeking a distinctive addition to their portfolio.
Note: This is Auctioneer Comments: This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited.
This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT.
This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property.
The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding.
A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc. VAT towards the preparation cost of the pack.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral.
These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Value & comps
No previous sales on record.
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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
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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 advisors 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
FAQ
About 7 Devonshire Park,, Devonshire Street, Chesterfield
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