2-bedroom flat · S40 1AD
Listing removedListed 930 days
Opportunity summary
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About
Stamp duty paid *** spacious two bed first floor apartment in town centre location *** come and take A look around these impressive town centre apartments with 900+ year lease, no ground rent & manageable service charge.
Limited time offer - 3 years parking in the adjoining pay & dispaly car park for an asking price offer Sitting in the recently converted former court house buildings which sit prominently on Rose Hill within this architect designed Grade 2 listed building, this superbly appointed two bedroom first floor apartment provides well planned accommodation which features a recently fitted kitchen and bathroom, two good sized bedrooms and a useful store room.
Located within the town centre directly in front of the Town Hall, the property is within striking distance of the shops and restaurants in Chesterfield, and just minutes from Queens Park and the train station.
General Electric Heating Double glazed sealed units Gross internal floor area - 59.7 sq.m./643 sq.ft.
Council Tax Band - tbc Tenure - Leasehold Secondary School Catchment Area - tbc Parking & Stamp Duty Incentive Subject to availability.
A three year parking permit will be provided upon an asking price offer being accepted. Normal rate stamp duty will be paid by the seller for an asking price offer.
This does not apply to investor rates of stamp duty. The owner reserves the right to withdraw this offer at any time.
Entrance Hall Accessed off a fantastic communal hallway with a wonderful curved staircase which leads into a small lobby area where the entrance door to number 10 is located.
The apartments hall has a built-in airing cupboard housing the hot water tank.
And plenty of space for storage Shower Room Having a modern shower cubicle with mixer shower, floating wash hand basin with storage beneath and a low flush WC. Chrome vertical ladder radiator.
Vinyl flooring. Bedroom Two (4.09m x 2.5m (13'5" x 8'2")) A good sized front facing double bedroom with almost full height slatted windows.
Bedroom One (3.76m x 2.72m (12'4" x 8'11")) A front facing double bedroom again with superb slatted windows almost spanning from floor to ceiling.
Open Plan Living/Kitchen Kitchen (3.96m x 2.82m (13'0" x 9'3")) Having a fitted range of matt finish wall and base units with a complimentary work surfaces and upstands and having a single bowl sink with mixer tap.
Integrated fridge freezer, oven, four ring hob with extractor above. Space and plumbing for an automatic washing machine. Vinyl flooring.
Living Room (5.79m x 2.84m (19'0" x 9'4")) A good sized space with statement slatted windows and plenty of space for dining and entertaining.
Outside There are communal gardens surrounding the property and access to a communal bin store.
Three years paid parking will be provided on the adjacent pay and display car park for an asking price offer.
Lease Details The property is leasehold tenure with an unexpired term in excess of 900 years.
The is no annual ground rent and the annual service charge is £1489 per year which includes buildings insurance and maintenance of all communal areas.
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 Apartment 10, Knightsbridge Court, Chesterfield
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