Summary - 37 LOWGATES STAVELEY CHESTERFIELD S43 3TX
3 bed 1 bath Terraced
Immediate rental income with clear scope for uplift through refurbishment.
Tenanted since Sept 2020 — sold with tenants in situ
This three-bedroom mid-terrace in Lowgates, Staveley is offered strictly to buy-to-let investors with tenants in situ. It produces immediate income at £600pcm and shows clear scope to increase to an estimated £775pcm after targeted improvements. The property is freehold and sits on a small plot with a large rear garden and cellar – practical features for rental accommodation.
Built c.1900–1929, the house retains period character such as high ceilings and a chimney breast in the living room. It has two reception rooms, a fitted kitchen with white goods, and a shower cubicle in the master bedroom. The current EPC is D with a stated potential of B, indicating that insulation and heating upgrades could both improve comfort and support higher rents.
Material points for investors: the property is sold with tenants in situ (since September 2020) and a £500 deposit is registered. It will therefore not be vacant on completion. The walls are solid brick with no assumed insulation, so fabric improvements may be needed to reach the stated EPC potential and to reduce running costs for long-term stability.
Neighbourhood and access are practical for lettings — local shops, bus routes and easy access to the M1, with several primary schools rated Good nearby. The area is described as industrious with endeavouring social renters, and council tax is very cheap, which supports affordability for tenants. Overall this is a straightforward rental asset with immediate yield and a clear plan for value-add refurbishment.
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