1-bedroom flat · S40 2FF
Listing removedListed 84 daysAuction 1 Jan · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by auction on Tuesday, 08 Sep 2026 at 12:30 Venue: Live Stream An excellent opportunity to purchase a one bedroomed apartment.
The apartment is currently let producing £550 per calendar month (£6600 per annum), on an Assured Periodic Tenancy Agreement.
The apartment is situated on the first-floor and is well presented throughout.
Situated within a desirable residential development, convenient for local amenities, the property is believed to be of interest to the investor.
Accommodation A secure entrance door leads through to the communal entrance hall.
The apartment is situated on the first-floor and comprises of an entrance door leading through to the entrance hall, Open Plan Lounge/Kitchen/Diner, Bedroom One, Bathroom, and a Storage Room.
Outside Sees an allocated car parking space, together with shared visitors spaces. Leasehold Information Lease Term: 155 years from 1 January 2003 (approximately 131 years remaining).
Ground Rent: £256.92 from 1 August 2026 to 31 July 2027.
Service Charge: The anticipated service charge for the period 25 March 2026 to 24 March 2027 is £3,167.39 per annum, payable in two half-yearly instalments.
A copy of the lease will also be included with the legal pack prior to auction - please register for the legal pack to obtain this.
EPC Rating: C Additional Fees Buyers Premium: £1295 plus VAT (£1554 inc VAT), payable on completion. Administration Charge - £2340 inc VAT, payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information * Guides are provided as an indication of each seller's minimum expectation.
They are not necessarily figures which a property will sell for and may change at any time prior to the auction.
Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information Please be aware there may be additional fees payable on top of the final sale price.
This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion.
Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
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
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FAQ
About 9 Aston House, Horse Chestnut Close, Chesterfield
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