Oakamoor Close, Chesterfield S40 1 bed apartment for sale

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Oakamoor Close, Chesterfield S40 1 bed apartment for sale

Oakamoor Close, Holme Hall, Chesterfield, Derbyshire S40
£85,000

Our Summary

  • 5% GROSS YIELD*An affordable one bedroomed second floor flat offering well proportioned and easily managed accommodation which would benefit from some cosmetic improvement to create an ideal investment property or first time buyer and also sold with vacant possession

Description

This one-bedroom flat is available for sale with vacant possession, making it an ideal investment opportunity or first-time buyer's dream home. The property features well-proportioned and easily managed accommodation, including a living room, kitchen, double bedroom with built-in wardrobes, and modern bathroom with shower over bath. The flat is located on the second floor with a communal balcony seating area offering views over green areas. The property is situated in a popular residential area, close to Chesterfield town center, Holme Brooke Valley Park, and the Peak District. With a long lease term, low ground rent, and service charge, this property offers a great opportunity for investors to generate a 7.6% gross yield, with potential to increase to 8.5% gross yield. The property also features uPVC double glazing, gas central heating, and loft insulation. Viewings are highly recommended to appreciate the potential of this property.