S41 0FE - 2 bed ground floor investment in Wain Avenue, S41 0FE

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2 bedroom apartment for sale in Oliver House, Wain Avenue, Chesterfield, S41

Summary - OLIVER HOUSE 3 WAIN AVENUE CHESTERFIELD S41 0FE

2 bed 1 bath Apartment

Long-lease two-bedroom flat near station and town centre, ideal for buy-to-let.
Chain free ground-floor apartment with immediate rental income
A well-proportioned two-bedroom ground-floor apartment in Oliver House, offered chain free and currently let, making it an immediate income opportunity. The flat sits a short walk from Chesterfield town centre and the train station, with maintained communal gardens and a designated off-street parking space.

Internals include a generous living and dining room, fitted kitchen, principal bedroom with built-in wardrobes, second double bedroom and a modern bathroom with shower over bath. The property has double glazing and an EPC rating of C; heating is via electric storage heaters and the building dates from c.1996–2002.

Presented as a straightforward investment purchase: the property is on a long lease (999 years from 2001), currently producing £8,100 per annum (6.48% yield at the asking price). Notable negatives are the high local flood risk, very high local crime statistics and generally slow broadband speeds, which may affect some tenants’ preferences.

This apartment will suit buy-to-let investors or purchasers seeking a low-management, long-lease asset close to transport links. It requires no immediate major works recorded here, but the electric heating and broadband limitations are features to factor into running costs and tenant demand.

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