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Chesterfield Road, ALFRETON, Derbyshire, DE55

PROPERTY TYPE

Detached

BEDROOMS

13

BATHROOMS

16

SIZE

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TENURE
Describes 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

  • AMAZING INVESTMENT OPPORTUNITY
  • POTENTIAL INCOME OF OVER £100,000 PER ANNUM
  • 13 EN-SUITE BEDROOMS
  • 3 ADDITIONAL BATHROOMS
  • LARGE COMMUNAL LOUNGE/GAMES ROOM
  • TWO FULL FITTED DINING KITCHENS
  • WASHING ROOM
  • MANAGERS OFFICE
  • REAR GARDEN
  • NO UPWARD CHAIN

Description

Introducing a property of remarkable scale and income potential, yielding an impressive annual return in excess of £100,000 (as advised by the current vendor).

Rarely does such a versatile and high-performing asset become available — and with no upward chain, this is an opportunity not to be missed.

To secure your private viewing, contact our dedicated sales team today on — opportunities of this calibre are seldom available and demand early inspection.

Step into a property that combines substantial income potential with an enviable central location, delivering the best of both worlds for discerning investors.

Generating an annual income of over £100,000 (as advised by the current vendor), this exceptional residence presents a ready-made business venture of considerable distinction.

Location, Location, Location!
Nestled within close proximity to Alfreton Town Centre, the property offers unrivalled convenience for both residents and management alike.
The area is superbly served by bus and rail links, and enjoys immediate access to the A38 and M1 motorway, making it ideal for commuting, travel, and attracting tenants who value accessibility and lifestyle.

Accommodation & Lifestyle
From the moment you arrive, this property impresses with its generous proportions and thoughtful design, blending practicality with comfortable communal living.

The ground floor features:

A spacious entrance porch and welcoming reception hallway, setting the tone for the property’s scale

A dedicated manager’s office, ensuring efficient day-to-day operations

An expansive communal lounge, dining and games room, perfect for socialising, relaxation, and fostering a sense of community

Two fully equipped dining kitchens, each thoughtfully fitted to cater for multiple residents simultaneously

A convenient laundry room, designed to accommodate the practical needs of everyday living

The first floor continues to impress, offering:

13 well-proportioned en-suite bedrooms, each providing privacy, comfort, and functionality

Three additional communal bathrooms, ensuring flexibility and convenience for all occupants

Outdoor Space
To the rear, residents benefit from a private communal garden, a valuable addition that provides a tranquil outdoor retreat — ideal for relaxation, leisure activities, or simply enjoying the fresh air.

The Investment Case
With its scale, location, and proven track record of six-figure rental income, this property represents a truly turnkey investment. Whether you are an experienced portfolio landlord or an investor seeking a high-performing asset, this opportunity offers:

Sustainable income generation

Strong tenant demand due to location and amenities

Immediate potential, with no upward chain

A Property of Distinction
Properties of this calibre — combining central location, extensive facilities, and exceptional financial performance — are rarely available on the open market.

To arrange your private viewing and secure this outstanding opportunity, contact our dedicated sales team today on .

Early interest is advised to avoid disappoint.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

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.
Band: E
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Chesterfield Road, ALFRETON, Derbyshire, DE55

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About Frank Innes, Sutton-In-Ashfield

44 Low Street Sutton-In-Ashfield NG17 1DG
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2

Frank Innes are the East Midlands leading Estate & Letting Agency providing a first class service to all their customers.

Homeowners have been choosing Frank Innes to sell or rent their property since 1932, building a solid reputation for providing Best Service, Best Price, Best Value.

Award winning branches are strategically positioned across Leicestershire, Nottinghamshire and Derbyshire to reach more buyers in the East Midlands than any other agent. These branches are serviced by some of the industries most experienced and dedicated professionals motivated to deliver a personal and unique service to meet the needs of all customers.

Frank Innes is part of Countrywide the UK's largest and most successful estate, lettings and property services group. With over 1300 associated branches across England, Scotland & Wales the network provides unrivalled opportunity and support to all property buyers, sellers and investors choosing a Countrywide agent.

Call your local Frank Innes branch today for successful property buying/selling/letting across the East Midlands region.

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£4,187
We think you can borrow up to
Add your household income above
Powered bynationwideThe Nationwide Logo represents a symbol of financial strength and community, empowering members to achieve their goals
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Notes

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Disclaimer - Property reference SUL250301. 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 Frank Innes, Sutton-In-Ashfield. 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Frank Innes, Sutton-In-Ashfield on 01623 700558.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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