1-bedroom flat · DN20 8BF
Listing removedListed 131 days
Opportunity summary
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About
Located within a short walking distance of the market town of Brigg offering abundant amenities to include, supermarkets, local shops, restaurants and public houses.
Located within close easy access of M180 motorway. Barnetby Railway station 4 miles and Humberside International Airport 8 miles distant.
ACCOMMODATION Ancholme Mews is a purpose built retirement development of 53 self-contained apartments centrally located in Brigg with doctors, dentists and shopping close by with a dedicated Estate Manager and 24 hour emergency careline response system, if required, CCTV, communal gardens, lounge with kitchen facilities and family guest suite available at a cost of £20 per night (single occupancy) £25 per night (double occupancy).
The apartment is located on the second floor and has been designed to a high specification with wide internal doorways and electric central heating.
HALLWAY With glazed double oak doors opening to Lounge, mains smoke alarm, a pendant light to the ceiling, carpeted flooring and a walk-in cupboard housing electric water heater and boiler, fitted with lighting and shelving.
LOUNGE/DINING AREA Having two pendant lights to the ceiling, a wall-mounted electric storage heater, carpeted flooring and a uPVC double glazed window to the front elevation.
KITCHEN The kitchen is well-appointed a benefits from a range of wall-mounted and base Shaker style units with brushed chrome handles and complementary worksurfaces, a stainless steel sink and tiled splash backs.
Built-in 'Neff' appliances to comprise an electric hob with extractor hood above, a built-in electric oven, microwave, and Beko fridge freezer.
There is also an electric plinth heater, a mains smoke alarm, a light to the ceiling, a uPVC double glazed window and vinyl flooring.
BEDROOM ONE A double bedroom benefiting from a triple built-in wardrobe, an additional single built-in wardrobe, built in bed side drawers and dressing table.
There is a uPVC double glazed window to the front, a light fitting to the ceiling, an electric storage heater and carpeted flooring.
BATHROOM The modern bathroom offers a range of wood effect fitted furniture with storage cupboards incorporating a push button W.C.
and a vanity hand basin, and a fully tiled double shower enclosure with mains shower. There is an electric towel radiator, light fitting to the ceiling and vinyl flooring.
STEP OUTSIDE The complex is located within well-maintained and landscaped communal grounds with permitted residents parking only.
FIXTURES AND FITTINGS All built in appliances, curtains, blinds, light fittings and fixed floor coverings are to be included within the sale of the property.
SERVICES (not tested) Mains electricity, water and drainage are all understood to be connected to the property.
An annual service charge of £2,946.24 is payable which includes buildings insurance, water rates, maintenance of communal areas and use of communal facilities, and an annual ground rent of £766.62 is payable.
There is access to the laundry room 8am - 9pm and a communal lift. COUNCIL TAX The Council Tax Band for this property is Band A as confirmed by North Lincolnshire Council.
Value & comps
No previous sales on record.
Returns
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About 41 Ancholme Mews, Bigby Street, Brigg, Lincolnshire
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