Summary - Flat 1 Stevenson House, Tapton Lock Hill S41 7GD
2 bed 2 bath Apartment
Leafy upper-floor flat; auction sale with tenant in place and immediate income potential.
Upper-floor two-bedroom apartment, small/average 702 sq ft footprint
A practical two-bedroom apartment offered via modern auction with a tenant in situ — an option for investors seeking immediate rental income. The flat sits on the upper floor of a purpose-built block (built 2003–2006) and enjoys a leafy outlook over mature trees and a watercourse, plus a Juliet balcony that increases natural light and privacy.
The layout is efficient: open-plan kitchen/living area, two bedrooms (one en-suite) and a separate bathroom within a small-to-average 702 sq ft footprint. On-site communal lawns and parking add usable amenity for residents. The location is convenient for Chesterfield town centre, local shops and rail links, making it straightforward to let to professionals or local families.
Read the risks before bidding: the property is leasehold, sold at auction with buyer fees, and will be sold with a sitting tenant — purchasers must accept the tenancy. Heating is by electric room heaters rather than a central system, which can raise running costs. The wider area is marked as deprived with very high local crime levels, factors that may affect demand, management and insurance costs.
Overall this is a straightforward buy-to-let or first-time investment opportunity: short to medium-term rental income potential, modest maintenance needs expected for a modern build, but clear financial and management considerations related to tenure, heating and local area indicators. Viewing of documentation, tenancy details and the auction pack is recommended prior to bidding.
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