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Grasscroft House, Archdale Close, Chesterfield, Derbyshire, S40 2GA

PROPERTY TYPE

Flat

BEDROOMS

2

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Floorplan 1
1

Key features

  • 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

Description

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
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: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Allocated
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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Grasscroft House, Archdale Close, Chesterfield, Derbyshire, S40 2GA

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About Cope & Co, Derby

Canterbury House, Stephensons Way, Derby, DE21 6LY
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We are a team of passionate property people on a mission to be a new breed of estate agent in your area.

At Cope & Co., we intertwine the strength of family values with professional expertise to guide every client towards their home and property objectives.

We pledge to understanding each client's individual journey and ensure that every step is personal, proficient, efficient and in harmony with their goals.

A new home is far more than just money, bricks and mortar. It's a place to call your own and create unforgettable memories. It's an opportunity for growth and independence. It's a way of starting a new chapter, planning for the future, and building the life you want to live.

We are a friendly team of local property experts, selling and letting homes across the whole of Derbyshire and East Staffordshire. Our goal is to provide a first-class service and to offer a personal and proactive approach that we believe is paramount to helping our customers achieve property success.

When you buy, sell, let or rent through Cope & Co, you'll be working with professionals who understand the true value and importance of a home. We will support you at every stage of your property journey to help you achieve your individual objectives.

Your mortgage

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Disclaimer - Property reference PRF_DRB_LFSYCL_575_764413560. 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 Cope & Co, Derby. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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