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2 Bed Flat, Single Let, Chesterfield, S40 2GA £120,000

Grasscroft House, Archdale Close, Chesterfield, Derbyshire, S40 2GA - 1 views - 5 months ago
  1. Deal Search
  2. Chesterfield
  3. S40
  4. S40 2GA
Sold STC
Leasehold
BTL
ROI: 7%
~68 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Chesterfield
  • More Deals in S40
  • More Single Let Deals
  • More Single Let Deals in Chesterfield
  • More Single Let Deals in S40

Property History

Listed for £120,000

July 10, 2025

Floor Plans

Description

  • Ideal Two Double Bedroom Apartment +
  • Superb Investment Opportunity For Seasoned & First Time Investors Alike +
  • Monthly Rental Income Of £750pcm +
  • Attractive Yield Of 7.50% +
  • Minimal Void Periods +
  • Spacious Reception Room, Galley Style Kitchen +
  • Allocated Parking +
  • Close To Local Amenities & Travel Routes +
  • EPC Rating - C +
  • Council Tax Band - B +

Discover a compelling investment opportunity in Grasscroft House, Chesterfield, with this well-presented two-bedroom apartment, potentially generating a consistent monthly rental income of £750pcm.

This property is ideally suited for both seasoned investors looking to expand their portfolio and first-time investors seeking a reliable entry into the buy-to-let market, benefiting from a strong attractive yield of 7.50% and minimal void periods.

Upon entering, you are greeted by the useful hallway, offering an ideal space for storing your shoes, coats and bags, with beautiful new herringbone style flooring. Heading to the left is the welcoming and spacious reception room, providing ample space for both relaxation and dining. This versatile area is designed to accommodate various furniture layouts, making it a comfortable hub for the resident.

Across from the reception room is a practical galley-style kitchen, thoughtfully laid out to maximise efficiency and storage. While compact, it offers all the necessary amenities for daily living, ensuring a functional and easy-to-maintain space.

The apartment boasts two generously sized double bedrooms, each offering a peaceful retreat. These rooms are well-proportioned, providing comfortable sleeping quarters and sufficient space for wardrobes and additional furnishings.

The family bathroom serves both bedrooms, featuring a clean and functional design that caters to everyday needs. Comprising of a shower over bathtub, W.C. and wash basing with vanity unit below.

One of the significant advantages of this property is the inclusion of allocated parking, a highly sought-after feature that adds convenience and value, particularly in residential areas. This ensures hassle-free parking for the resident, enhancing the overall appeal of the apartment.

Location is key, and Grasscroft House benefits from its proximity to a range of local amenities. Residents will find shops, supermarkets, and essential services within easy reach, simplifying daily errands. The area also offers good access to various travel routes, making commuting straightforward whether by car or public transport. This connectivity is a major draw for tenants, contributing to the property's consistent demand.

The property holds an EPC Rating of C, indicating good energy efficiency, which can be appealing to tenants due to potentially lower utility costs. The Council Tax Band B further adds to the property's affordability, making it an attractive proposition for long-term tenancy.

This apartment represents a straightforward and appealing investment, offering immediate returns and long-term potential in a desirable Chesterfield location. Key Features:

  • Two Double Bedrooms
  • £750pcm Rental Income
  • 7.50% Yield
  • 134 years left on the lease; ending 01/01/2160
  • Allocated Parking
  • EPC Rating C

Agent Details

Cope & Co, Derby

01332 215563

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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