Summary - 8 Linacre House, Archdale Close S40 2GE
2 bed 2 bath Penthouse
Top-floor two-bed with balcony, parking and strong rental potential near Chesterfield centre..
Top-floor penthouse with balcony and panoramic town views
Two double bedrooms, ensuite to the principal bedroom
Allocated off-street parking in communal car park
Modern fitted kitchen with integrated appliances
Leasehold tenure with service charge ≈ £1,992 pa
Ground rent ≈ £237 pa; electric heating may raise bills
Approx 7% rental yield indicated — investment potential
Local area records very high crime levels
This top-floor two-bedroom penthouse in Linacre House offers a compact, modern home with sweeping panoramic views over Chesterfield. The apartment includes a balcony, allocated off-street parking and a fitted kitchen with integrated appliances — practical features that suit first-time buyers and buy-to-let investors alike. With an indicated yield around 7% it presents clear rental potential for investors wanting straightforward management.
The interior is well-presented with two double bedrooms, an ensuite to the principal room, and a spacious lounge-diner that opens onto the balcony. UPVC double glazing and electric heating are installed; the property is mid-2000s construction and benefits from insulated system-built walls. The accommodation totals about 698 sq ft — average-sized but efficiently laid out for everyday living.
Buyers should note the apartment is leasehold. Ongoing costs include a service charge of approximately £1,992 pa and a ground rent of £237 pa. Heating relies on electric room heaters, which can mean higher running costs compared with gas. The local area records very high crime levels, which may concern some purchasers and could affect tenant demand.
Location is a strength: edge-of-town position close to Chesterfield town centre, retail parks, leisure facilities and main commuter routes including the M1. For buyers seeking a low-maintenance, centrally located apartment with rental upside or an entry into homeownership, this penthouse offers good immediate utility — provided you factor in leasehold charges and running costs.
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