35 Sheffield Road, Chesterfield, S41
- PROPERTY TYPE
Terraced
- BEDROOMS
5
- BATHROOMS
5
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Buy to let investment opportunity
- Rental income (full occupancy) approx £26,000 per year.
- Potential for Airbnb in 2 x units increasing potential income to approx £35,000.
- Fire Alarm system upgraded and certified in August 2023.
- Electrical Certification for each unit dated August 2023.
- EPC ratings of D to E
- Each unit with own pre pay electric and individual water meter.
- Enclosed Rear Courtyard with outbuilding
- No Chain
Description
Property number 49611. Click the "Request Details" button, submit the form and we'll text & email you within minutes, day or night.
BUY TO LET INVESTMENT OPPORTUNITY 35 - 37 SHEFFIELD ROAD
2 X terraced houses under one title, with 5 x self contained individual flats/units. Situated within walking distance of Chesterfield town centre. Currently undergoing refurbishment work with more needed upon sale. PROOF OF FUNDS REQUIRED BEFORE ANY OFFER ACCEPTED
Rental income based on full occupancy is around £26,000.00 per year.
2 of the flats have potential to be converted into Airbnb's, increasing potential income to around £35,000.00 per year (based on 200 days occupancy)
The fire alarm system for the whole property has recently been upgraded and certified.
The whole property has electrical certificates dated 2023.
Each individual flat has also had a new electric consumer unit and metro pre pay meter fitted.
They also have their own water meter.
Each unit has it's own EPC, with ratings of between D and E, meeting the requirements for rental properties.
The whole property is currently undergoing refurbishment work.
Prior to any sale, the current owner is willing to negotiate on the purchase price depending on the remaining work left to be completed upon sale.
2 of the 5 flats are currently occupied. As the property requires major works, all tenants have been issued with section 21 notices.
Unit 1
Situated on the 1st Floor, with combined living/bedroom area, and a separate kitchen and bathroom.
Unit 2
Situated on the Ground Floor, with a combined living/bedroom area, and a separate kitchen and bathroom. There is also an external door leading directly outside to a shared courtyard at the rear. This is one of the units with potential use as an Airbnb.
Unit 3
Situated on the 1st Floor, with a combined living/bedroom area, and a separate kitchen and bathroom.
Unit 4
Situated on the Ground Floor, with a combined living/bedroom area, and a separate kitchen and bathroom. This unit also has it's own external door leading directly to an enclosed outdoor area with access to an outbuilding. This is one of the units with potential use as an Airbnb.
Unit 5
Situated on the 1st Floor with a single kitchen/bedroom/living area and separate bathroom.
If you're interested in this property please click the "request details" button above
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
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35 Sheffield Road, Chesterfield, S41
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Chesterfield Station0.4 miles
- Dronfield Station4.4 miles
About the agent
Visum, Nationwide
Web based Estate Agent
Visum is the UK's original online estate and letting agent, helping vendors and landlords since 2004. We offer a full range of lettings and estate agency services across the UK and have directly enabled over 20,000 customers to let or sell their properties away from the constraints of traditional agents.
If you are a forward thinking person that wants to avoid paying high agency fees and thinks traditional agents don't give good value for money then you need to speak to us. Our service
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Visit our security centre to find out moreDisclaimer - Property reference 49611. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Visum, Nationwide. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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