5 Bedroom Terraced House For Sale in Chesterfield, S41
| Price | £ 355,000 |
| Reference | 49611 |
| Address |
35 Sheffield Road, Chesterfield, S41 (Map Location) |
| Beds | 5 |
| Baths | 5 |
| Type | Terraced house |
| Tenure | Freehold |
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
Description
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.
View the EPC for this property