5 bedroom terraced house for sale
Key information
Property description & features
- Tenure: Freehold
- 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
Property number 49611. Click the "Request Viewing" or "Email Agent"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 Viewing" button above
Places of interest
See more properties like this:
*DISCLAIMER
Property reference 49611. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Visum - Leicestershire.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.