Oakamoor Close, Holme Hall, Chesterfield, Derbyshire S40

NO CHAIN - DEAL FOR INVESTORS - LONG LEASE TERM - SITTING TENANT WITH 7.6% GROSS YIELD - POTENTIAL 8.5% 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 buy, currently has a long term tenant but can also be sold with vacant possession.

Including a generous living room, kitchen, double bedroom with built in wardrobe, large store room and modern bathroom with white suite and shower over bath. The communal entrance hall also has a communal seated balcony area looking over the green areas.

The property’s location, less than a 10-minute drive from Chesterfield Town Centre and a short stroll from Holme Brooke Valley Park. The property is situated in a popular residential area, conveniently placed for the local amenities on Wardgate Way, and for Holmebrook Valley Park and Linacre Reservoir. Imagine living just a short drive from the beautiful Peak District, with parks, shops, and schools right at your doorstep.

Ample parking both at the back and on the street, garages are also available to rent from the council.

Please call Pinewood Properties to arrange your viewing today!

Communal Entrance Hall - The apartment is located on the second floor, with communal balcony seating area with views over green areas.

Entrance Hall - Welcoming entrance hall featuring stylish grey wood-effect laminate flooring, neutral painted décor, and a convenient built-in storage cupboard

Store Room - 1.85 x 1.72 (6'0" x 5'7") - A practical and useful space, featuring a carpeted floor and a painted decor. Also houses the combi boiler. Includes convenient loft access, providing additional storage options.

Bathroom - 2.56 x 1.74 (8'4" x 5'8") - Part-tiled bathroom comprising a bath, low-flush WC, and wall-mounted hand basin with chrome taps. Features include a uPVC frosted window, grey wood-effect vinyl flooring, radiator, and part-painted décor

Living Room - 3.91 x 3 .74 (12'9" x 9'10" .242'9") - The living room features carpet flooring, neutral painted décor, a radiator, and a uPVC window.

Bedroom - 3.70 x 3.22 (12'1" x 10'6") - Spacious and well-presented double bedroom featuring a carpet for comfort underfoot. Includes built-in wardrobes offering ample storage space. A uPVC double-glazed window provides natural light, complemented by a wall-mounted radiator for year-round warmth.

Kitchen - 2.84 x 2.82 (9'3" x 9'3") - Fitted with grey wood-effect vinyl flooring, this kitchen offers space for a freestanding cooker and features a uPVC window providing natural light. The walls are partially tiled, complementing the laminate worktops. A range of wall and base units, along with drawers and a built-in storage cupboard, provide ample storage solutions.

Outside - There are communal gardens and parking area, garages are available to rent from the council.

Additional Information - The property is Leasehold.
Lease Term 125 Years
Length of Lease Remaining 111 years
Ground Rent: Approx. £10 per annum.
Service Charge: Approx. £250 per annum
Buildings Insurance: Approx. £99.99 per annum
Total Floor Area -504.00 sq ft / 46.8 sq m
uPVC Double Glazing
Gas Central heating - Combi Boiler
Council Tax Band A
EPC Rated - TBC
Loft Insulation Fitted in 2020
Freestanding cooker, fridge freezer and washing machine are included in the sale
Freeholder: Chesterfield Borough Council
CCTV and Secure entrance doors to the block

Disclaimer - These particulars do not constitute part or all of an offer or contract. While we endeavour to make our particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly. If there are any points which are of particular importance to you, please check with the office and we will be pleased to check the position.

Reservation Agreement May Be Available - The Reservation Agreement is our unique Reservation process which provides a commitment to the terms agreed by the Buyers and the Sellers, that Gazeal guarantees, so both parties can proceed in the safest way possible. This ensures a fair and efficient process for all involved, offering protection against anyone who may not be truly committed.

We now offer a higher level of certainty to you if selling or buying through Pinewood, by offering a Reservation Agreement before we remove a property from the market. Once your sale or purchase is agreed you will be offered to reserve which will protect you from Gazumping/Gazundering, etc.
The Vendor/Buyer pays a small reservation fee to guarantee a meaningful financial commitment between each party to move forward with confidence that the property is reserved within an agreed timescale.

Our system stops either party just walking away or attempting to renegotiate the price after an offer is accepted. If either party withdraw and break the agreement then the innocent party is entitled to a compensation payment which Gazeal guarantee. This gives both parties security and peace of mind that the sale is secure and means that you reduce the risk of fall throughs.