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Brackenfield Close, Grassmoor, Derbyshire

PROPERTY TYPE

Terraced

BEDROOMS

3

BATHROOMS

2

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.

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Key features

  • Below market value — priced at £172,500 to secure immediate equity from day one
  • Income in place — already tenanted at £825 pcm (£9,900 pa), no void period
  • 5.7% gross yield — with clear scope to raise rent to current market levels
  • Freehold, turn-key — no leasehold complications, ready to add to a portfolio immediately
  • Low-maintenance asset — modern 2012 build, uPVC double glazing, combi boiler, easy-care courtyard garden
  • Strong location fundamentals — cul-de-sac setting, driveway parking, and easy M1 access supporting sustained tenant demand

Description

Offered to the market below current value, this well-presented three-bedroom mid-terrace home on the ever-popular Brackenfield Close, Grassmoor, presents a genuine turn-key opportunity for the investor market.

Built in 2012, the property sits in a quiet cul-de-sac and is currently tenanted at £825 pcm (£9,900 per annum), reflecting a gross yield of approximately 5.7% at the £172,500 guide price — with clear scope to review the rent upward to current market levels.

The accommodation comprises a bright entrance hallway, spacious lounge diner with uPVC French doors opening onto a south-facing, low-maintenance rear courtyard, and a modern fitted kitchen with integrated oven, hob and extractor. A downstairs WC completes the ground floor. Upstairs offers two double bedrooms, a further single bedroom ideal as a home office or nursery, and a modern white family bathroom with shower over bath.

Further benefits include two driveway parking spaces, gas central heating via combi boiler, uPVC double glazing throughout, EPC Rating C and Council Tax Band B.

Positioned for easy access to the M1 at Junction 29, and within reach of Grassmoor Country Park and the amenities of Chesterfield and Clay Cross, this is a straightforward, income-producing addition to any portfolio — offered below market value for a swift sale. Comparable sales and lettings evidence available on request. Freehold. No onward chain.
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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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
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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Brackenfield Close, Grassmoor, Derbyshire

Approximate location

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Affordability

Monthly repayments£820
Property: £ 172,500
Deposit: £ 17,250
Interest rate: 4.85%
Term: 30 years
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Renovation potential
Recently sold & under offer
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About Pure, Manchester

The Lightwell, 61-63 Brown Street Manchester M2 2JG

Having sold investment properties for almost 14 years, Pure Investor is today one of the most established and recognisable property investment consultancies in the UK. Our commitment to the very highest levels of customer service has resulted in Pure Investor now being rated 4.9 out of 5.0 'Excellent' on Trustpilot.

Thinking Of Investing In Property In The UK?

We offer one of the UK widest portfolio's of investment properties available. From traditional, residential buy-to-let properties and purpose built student accommodation, through to market leading off-plan developments in locations including Manchester, London, Birmingham and many more destinations throughout the UK.

Our focus is genuinely consultative, and regardless of whether you're a first time property investor or an institution, we aim to assist our clients in achieving their long term investment goals through property. Many of our client have worked with Pure Investor for many years, both purchasing and selling their investment properties through us.

Thinking Of Selling?

We're one of the UK's leading providers of tenanted buy-to-let properties, and as such if you are considering selling your investment property, but are not sure how to sell with tenants in situ, why not contact our team today to find out about our specialist resales service? We have a global network of property investors who are proactive in purchasing tenanted properties to add to their current portfolios.

Thinking Of Renting Your Property Out?

We have one of the regions fastest growing lettings portfolios, and our full service property management and lettings service is specifically designed to cater for the demands of more established landlords operating throughout the North West of England.

Regardless of whether you are looking to invest in property, or sell your buy-to-let, why not give our team of experienced property consultants a call today to find out more about our services?

We look forward to speaking with you!

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Disclaimer - Property reference 5-BRACKENFIELD-CLOSE. 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 Pure, Manchester. 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.