2-bedroom flat · S40 4NY
Sold STCListed 100 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £145,000 - £150,000 SUPERB GROUND FLOOR APARTMENT - RE-FITTED KITCHEN & BATHROOM - SINGLE GARAGE Early Viewings is highly recommended of this impeccably presented and refurbished GROUND FLOOR TWO BEDROOM APARTMENT- comprehensively modernised by the current owner to offer a contemporary styled and tastefully presented property.
Whether you're a first-time buyer, downsizing, or looking for an investment opportunity, this property has much to offer.
Potential Yield of 6% pa based upon a monthly rental of £725 and a purchase price of £145,000 Situated in this suburb of Newbold enjoying close access to both Holme Brook Valley Park/Linacre Reservoir, local schools, bus routes, local shops and & local amenities.
Easy access to the Town Centre, Train Station & excellent commuter network roads including A61/617 & M!
Motorway Junction 29 Benefits from new uPVC double glazing(2025) and gas central heating with a combi boiler(new in 2022 with 10 year warranty) and includes an impressive re-fitted kitchen and superb shower room two good sized bedrooms, and a fantastic reception room which enjoys lovely views of the rear Brockwell Park playing fields.
Semi detached single brick built garage. Communal gardens and additional communal parking.
Additional Information - Gas Central Heating - Ideal Vogue Combi Boiler- New in 2022 with 10 year warranty Newly Installed uPVC double glazed windows in 2025 Re- fitted kitchen and bathroom Gross Internal Floor Area - 73.9 Sq.m/ 795.9 Sq.Ft.
Replastered in Hallway & Lounge Council Tax Band - A Secondary School Catchment Area- Outwood Academy Newbold Lease Information - Additional Information - We are advised by the current owner that the Freehold is owned by the Leaseholders as a Limited Company.
Lease - 999 years (renewed 10/08/2015) Service Charge: £110 per month- reviewed at residents meetings.
Includes building insurance, gardens maintenance, cleaning in communal areas/hallway Small Domestic Pets allowed Managing Agents:- Elegant Property Maintenance Porch/Hallway - 1.07m x 0.97m (3'6" x 3'2") - A communal entrance door opens into a communal entrance hall and gives access to the front and rear of the property.
Entrance Hall - 3.48m x 1.02m (11'5" x 3'4") - Having a stylish Oak entrance door opening to the hallway and onto the living accommodation. Useful storage cupboard. Laminated flooring.
Impressive Kitchen/ Dining Room - 3.81m x 2.95m (12'6" x 9'8") - Comprehensively re-fitted with a full range of White High Gloss base, wall & drawer units with complementary work surfaces, inset Quartz sink and attractive 'brick style' Grey tiled splashbacks.
Integrated AEG washer/dryer, Bosch dishwasher and Frost Free Fridge Freezer. Integrated NEFF Slide & Hide Oven and 4 ring Induction Hob with Extractor above. Additional freezer space.
Space for dining table and chairs. Downlighting and Laminated flooring.
Reception Room - 4.70m x 3.94m (15'5" x 12'11") - A light and airy reception room benefitting from two front aspect windows overlooking the Brockwell Park playing fields. Feature wall radiator.
Front Double Bedroom One - 3.94m x 2.90m (12'11" x 9'6") - A good sized front facing double bedroom having a fitted triple wardrobe with mirror doors.
Front Bedroom Two - 2.90m x 2.74m (9'6" x 9'0") - A good sized front facing single/small double bedroom having a fitted wardrobe.
Superb Shower Room - 2.13m x 1.65m (7'0" x 5'5") - Having waterproof boarding to the walls and fitted with a modern white 3-piece suite comprising of a double shower enclosure with an electric Triton shower, semi recessed wash hand basin with vanity unit below, and a low flush WC.
Chrome heated towel rail. Laminated flooring. Garage - 5.16m x 2.62m (16'11" x 8'7") - Single Semi Detached Garage with newly fitted 2025 electric garage door.
Outside - Communal Parking The property comes with a single semi detached garage. There are also communal gardens.
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 Newbold Back Lane, Newbold, Chesterfield
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