47 Haldane Crescent, Bolsover, Chesterfield, Derbyshire S44 6RU

Description

Auctioneer: Freehold three-bedroom semi-detached house on a corner plot which has recently undergone refurbishment. Gas central heating and uPVC double glazing are noted. The auctioneer indicates potential rental income of £750-£800 pcm (£9,000-£9,600 pa). EPC D and Council Tax Band A.

Accommodation

Ground floor: entrance porch, entrance hall, lounge and open-plan kitchen/diner. First floor: three bedrooms, bathroom, WC and storage cupboard. Side/rear gardens and outbuildings.

Location

Bolsover provides local shopping, schools and road access toward Chesterfield and the M1. The family-sized accommodation and corner plot should support demand from owner-occupiers and private renters, subject to confirming the standard and completion of the recent refurbishment.

Investment Analysis

Investment Snapshot

Strategy Recommendation

Initial strategy: Buy-to-Let. The guide price should be treated as the starting point only. A maximum bid should be based on verified legal-pack liabilities, property condition, finance terms and local market evidence rather than the guide alone.

Works Required

• Complete any snagging from the recent refurbishment

• Test heating, electrics and appliances

• Check roof/outbuildings and external boundaries

• Final decoration/flooring where required

• Landlord compliance and certification before letting

Rental & Market Context

HB indicative market rent is £750–£800 pcm (£9,000–£9,600 pa). This is an HB estimate, not an auctioneer-quoted rent unless specifically stated in the Description section. Local letting-agent evidence should be checked before bidding.

Sold within approximately 5 miles

Reliable recent sold-comparable evidence has not been inserted without property-level verification. Land Registry and closely matched local comparables should be checked for type, condition, tenure and accommodation before setting a maximum bid.

Potential BRRR Position

Illustrative 75% refinance on the HB indicative value range is approximately £90,000–£105,000. Actual refinance depends on lender valuation, rental stress testing, condition, property type, borrower circumstances and seasoning requirements.

Flip Analysis

Indicative gross spread before transaction/finance costs is approximately £42,000–£67,000. This is not profit and excludes SDLT, buyer/admin fees, legal fees, finance, holding costs, professional fees, selling costs, contingency and tax.

Investor Risks & Due Diligence

• Confirm quality and scope of completed refurbishment

• Survey for hidden defects despite cosmetic works

• Verify local rental evidence at £750-£800 pcm

• Review all auction fees and special conditions

• Confirm insurance and lender suitability

Recommendation

Initial recommendation: Buy-to-Let. The opportunity is strongest where the source facts can be verified and the total project cost remains comfortably below a conservatively evidenced end value. Do not bid solely on the headline yield or guide price.

Strategy Rating

Buy-to-Let: ★★★★☆ | BRRR: ★★★★☆ | Flip: ★★★☆☆