2-bedroom house · S40 4DA
Listing removedListed 112 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £180,000 to £190,000 Welcome to this former three-bedroom, now two double-bedroom semi-detached home offered with no upward chain, occupying a generous corner plot in the highly sought-after area of Ashgate.
The property enjoys an excellent location close to a wide range of everyday amenities, including local convenience stores, supermarkets, and the popular Chatsworth Road, which offers an excellent selection of independent cafés, shops, restaurants, and bars.
Chesterfield town centre is also just a short drive away, providing a wider range of retail, leisure, and dining facilities.
The area is particularly well regarded for its excellent schools and superb transport links, with convenient access to major road networks, the M1 motorway, public transport services, and Chesterfield train station.
Nearby outdoor spaces include Somersall Park and Queen’s Park, while the Peak District is easily accessible, making this an ideal home for couples looking to create a property tailored to their own tastes.
Offering excellent potential for modernisation, the property is entered via a welcoming hallway.
To the left is the living room, a well-proportioned front-facing reception room featuring a bay window and an attractive stone fireplace, creating a charming focal point.
Further along the hallway is the kitchen, which has been opened up to provide a practical and sociable layout.
Fitted with shaker-style units, the kitchen benefits from integrated appliances, space for freestanding appliances, and room for a small dining table.
A useful storage cupboard is also located within the kitchen. A door leads through to a side rear porch, which provides access to the front of the property and an external storage cupboard.
To the first floor are two spacious double bedrooms and the family bathroom. Bedroom one is a generous front-facing room featuring a bay window and fitted wardrobes.
Bedroom two overlooks the rear garden and also benefits from fitted wardrobes. The landing provides additional fitted storage and offers the potential to reinstate a third single bedroom.
The bathroom is fully tiled and fitted with a white three-piece suite comprising a bath with overhead shower, wash basin, and WC.
Externally, the rear garden is designed for ease of maintenance and features a patio area along with a useful storage shed.
To the front, a well-kept lawn complements the property's attractive corner plot position, while a driveway provides off-road parking for multiple vehicles and leads to a detached garage.
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.
Area
Agent & docs
FAQ
About 1, Morley Avenue, Chesterfield
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