Ash Close, Barlborough, Chesterfield | Property for sale | Savills
Offers invited

Ash CloseBarlborough, Chesterfield

  • New
Residential investment

Key features

  • 18 self-contained apartments across 3 cores on a single gated site
  • Unbroken freehold block
  • Brand new and available with vacant possession
  • Potential for own company occupation of all 18 apartments
  • Potential to let out separately and hold as an income producing investment
  • Estimated rental value of c £183,600
  • Gross Initial Yield of c 8% based on the ERV
  • Opportunity for corporate purpose and operation
  • Opportunity to retain as an income producing portfolio or break up

A Residential Investment Portfolio of 18 Apartments in an Unbroken Block on a Single Gated Site

About this property

  • The Portfolio comprises 18 self-contained apartments, arranged over three connected blocks with separate entrances. There is a central car parking area with permeable tarmac and gated fob access. Ash Court holds potential for corporate purchase and operation, retention as an income producing portfolio or a break up opportunity. The development commenced in 2022. It has a Building Regulations Completion Certificate, dated April 2023. The apartments are divided within three blocks, comprising three and four storeys with the central block featuring an elevator. Externally the building comprises block and brick elevations partially clad with rendering in places. Solar panels sit on the sloped roof and offer investors potential for periodic repayments for excess electricity generated. Internally the common areas and individual apartments are finished to a good quality with units separately metered for electricity. A secure bicycle store is available for use by residents.

Local information

  • Ash Close is located within Barlborough and accessed via Slayley View Road off Oxcroft Way. Oxcroft Way connects Clowne to the
  • east with the M1 to the west.
  • Barlborough retail core is approximately 0.5 miles (10 min walk) to the north. The closest train station is Creswell, approximately 4 miles (10 min drive). Creswell is well served by the EMR Regional line, providing access to Worksop, Mansfield, Nottingham and other cities in the Midlands.

Additional information

  • Please see brochure attached for additional information.

Energy performance

Please see brochure attached with regards to EPCs.