12 Burnell Street, Brimington, Chesterfield, Derbyshire, S43 1HW

Description

Two Bedroom, Two Reception Room End-Terrace House with Space for a Front Courtyard & Rear Garden. An excellent opportunity for investors & landlords alike, this two-bedroom end-terrace property occupies a convenient position on Burnell Street in the popular Chesterfield suburb of Brimington.

Accommodation

Ground floor: living room, dining room, kitchen. First floor: bedroom one, bedroom two, bathroom. Cellar space under the front half of the property.

Location

Brimington is a well-established and popular former mining village on the eastern edge of Chesterfield. Burnell Street is within easy reach of local shops, cafés, takeaways, a library, chemist, supermarkets, pubs and churches. Nearby schools include Henry Bradley Infant School, Brimington Manor, Brimington Junior School, Springwell Community College and Netherthorpe School. Brimington Common and Chesterfield Canal are within walking distance, and the Peak District National Park is a short drive away. The A619 provides access to the A61 and M1. Stagecoach bus services including routes 43 and 44 connect Brimington to Chesterfield town centre and Sheffield. Chesterfield railway station is roughly two miles away.

Tenure / Property Information

Investment Analysis

Same-street completed sales range from £97,500 to £150,000. The most recent comparable sold for £125,000 in April 2025. Given the limited property-specific condition evidence and variation in sales, an indicative base GDV of £110,000 is used, with low/high scenarios of £97,500 and £125,000.

Investment Snapshot

Strategy Recommendation

Conditional appraisal only: obtain the legal pack, inspection and rental evidence before bidding. The guide-to-comparable differential is potentially attractive, but neither BTL nor flipping is currently fully underwritten.

Works Required

No specific defects or required works are evidenced. Obtain a survey and inspect the kitchen, bathroom, services, cellar, external areas and general finish before budgeting.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £65,000 guide, the indicative 75% refinance against the £110,000 base GDV would be £82,500. However, refurbishment costs, full acquisition costs, rent and finance costs are unavailable, so cash recycling and project profitability cannot be confirmed.

Buy-to-Let Analysis

BTL viability cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. The 1.5% administration fee is subject to a £2,100 minimum, with other possible disbursements payable under the legal pack.

Flip Analysis

The same-street sales suggest potential resale value above the guide, but condition, acquisition costs, works costs, selling costs and legal-pack liabilities are not supplied. A reliable flip surplus cannot therefore be calculated.

Investor Risks & Due Diligence

• Property condition and required works are not disclosed.

• No sufficiently specific rental evidence is available.

• Comparable sale prices vary materially from £97,500 to £150,000.

• A £2,100 minimum administration fee applies, with possible additional legal, search and transfer disbursements.

• Cellar and external areas require inspection before purchase.

Recommendation

Conditional appraisal only: obtain the legal pack, inspection and rental evidence before bidding. The guide-to-comparable differential is potentially attractive, but neither BTL nor flipping is currently fully underwritten.

Strategy Rating

Analysis Confidence

Completed same-street sales are available, but property condition, rent, refurbishment cost, selling costs and legal-pack disbursements are not evidenced.