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One-bedroom first-floor apartment

Chesterfield, S40 - Get Access

1 bed 1 bath

Description

An excellent opportunity to purchase a one bedroomed apartment. The apartment is currently let producing £550 per calendar month (£6600 per annum), on an Assured Periodic Tenancy Agreement. The apartment is situated on the first-floor and is well presented throughout. Situated within a desirable residential development, convenient for local amenities, the property is believed to be of interest to the investor. Accommodation: A secure entrance door leads through to the communal entrance hall. The apartment is situated on the first-floor and comprises of an entrance door leading through to the entrance hall, Open Plan Lounge/Kitchen/Diner, Bedroom One, Bathroom, and a Storage Room. Outside: Sees an allocated car parking space, together with shared visitors spaces. Leasehold Information: Lease Term: 155 years from 1 January 2003 (approximately 131 years remaining). Ground Rent: £256.92 from 1 August 2026 to 31 July 2027. Service Charge: The anticipated service charge for the period 25 March 2026 to 24 March 2027 is £3,167.39 per annum, payable in two half-yearly instalments. A copy of the lease will also be included with the legal pack prior to auction - please register for the legal pack to obtain this. Energy Efficiency Rating (EPC): Current Rating C. Local Authority: Chesterfield Borough Council. Solicitors: Paul Brook Solicitors, Ref: Paul Brook.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
High confidence Floor Area: 355 sq ft (EPC)

The property is a first-floor, one-bedroom flat in a purpose-built block. The valuation is primarily based on the sale price per square foot of similar flats within the same building, cross-referenced with nearby comparable properties. The property's good condition and modern interior have been considered, with a modest adjustment for the dated kitchen and bathroom elements.

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