2-bedroom semi-detached house · S42 5ET
Sold STCListed 177 daysAuction 18 Jun · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FOR SALE VIA LIVESTREAM AUCTION ON THE 18TH JUNE 2026 TO VIEW THE LEGAL DOCUMENTS OR REGISTER TO BID VISIT THE PRICELINSEY WEBSITE ( A fantastic two-bedroom cottage sitting on a generous plot offering scope for the new owner to update, refurbish and have scope to extend subject to relevant consents and permissions.
Ideally located for schools, parks and commuter access. A viewing is strongly recommended to appreciate the accommodation on offer.
The property briefly comprises: Side entrance door where stairs rise to the first floor. Doorway leading to the sitting room positioned at the front of the property.
To the rear is there is a kitchen diner. On the first floor there are two bedrooms and a bathroom.
Outside, there is a generous plot that can provide off road parking or scope for an extension subject to the relevant planning permission.
General Info The property is Freehold The Local Authority Is North East Derbyshire - Band A EPC Rating TBC Tenure: Freehold Terms: Guide Prices & Reserves 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 Please be aware there may be additional fees payable on top of the final sale price.
These include 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.
Plans, Maps and Photographs The plans, floorplans, maps, photograph’s and video tours published on our website and in the catalogue are to aid identification of the property only.
The plans are not to scale and should not be relied upon.
Consumer Protection Regulations 2008 Price Linsey Property Consultants Ltd endeavour to make our sales details clear, accurate and reliable in line with the Consumer Protection from Unfair Trading Regulations 2008 but they should not be relied on as statements or representations of fact, and they do not constitute any part of an offer or contract.
All references to planning, tenants, boundaries, potential development, tenure etc is to be superseded by the information contained in the legal pack.
It should not be assumed that this property has all the necessary Planning, Building Regulation, or other consents.
Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide-angle lens.
The seller does not make any representation or give any warranty in relation to the property, and we have no authority to do so on behalf of the seller.
Anti Money Laundering Regulations Intending buyers will be asked to produce identification documentation either as part of the bidder registration process of if they make an acceptable pre-auction offer, we would ask for your co-operation in order that there will be no delay in agreeing the sale.
Control of Asbestos Regulations As per the Control of Asbestos Regulations 2012, the owner or tenant of the property, or anyone else who has control over it and/or responsibility for maintaining it, must comply with the regulations which may include the detection of and/or management of any asbestos or asbestos related compounds contained at the property.
Price Linsey have not tested or inspected for Asbestos and therefore recommend all interested parties to make their own enquiries. Administration Fee: £1800 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: 1.8% inc VAT of the purchase price, subject to a minimum of £2340 inc VAT, payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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
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FAQ
About 3 Birkin Lane West, Grassmoor, Chesterfield, Derbyshire S42 5ET
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