2-bedroom flat · NG31 9DA
For saleListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious two-bedroom retirement apartment with a Juliet balcony allowing the property to be bright and airy, en-suite main bedroom, walk-in wardrobe, fully fitted kitchen and flexible second bedroom.
Excellent storage throughout, plus a separate shower room.
Summary Martin Court is a McCarthy & Stone Retirement Living development, conveniently located around half a mile from Grantham town centre, with its shops, supermarkets, banks and popular Saturday market.
The development offers a welcoming and well-maintained environment, with a dedicated House Manager, Homeowners’ Lounge and a range of social activities.
Residents also benefit from camera entry, 24-hour emergency call systems and a Guest Suite for visiting family and friends.
The service charge covers external maintenance, gardening and landscaping, window cleaning, buildings insurance, water rates and the upkeep of communal areas, providing easy and convenient living.
Please note: Residents must be aged 60 or over.
Apartment Overview A spacious and beautifully present apartment featuring a bright and airy lounge with Juliet balcony, a refurbished fully fitted kitchen and two bedrooms.
The generous main bedroom benefits from a walk-in wardrobe and en-suite bathroom (refurbished), while the second bedroom offers excellent flexibility as a guest room, study or separate dining room.
A useful utility cupboard provides additional storage, with a separate shower room located off the hallway which has also been refurbished.
A stunningly spacious apartment with fantastic storage throughout. Landscaped Gardens One of the main social hubs of Martin Court is the large patio area in the communal garden.
This space is enjoyed by many of the homeowners throughout the year.
Best of all, Your McCarthy Stone take care of all the maintenance, leaving you free to relax and enjoy the beautiful gardens blossom and bloom throughout the seasons.
“The gardens are beautiful all year round and there are plenty of opportunities to spend time together with other neighbours, if you want the interaction.” – McCarthy Stone Homeowner Social Lifestyle The Communal Lounge is at the heart of the community at Martin Court and is where the majority of social gatherings take place.
Regular activities include; coffee mornings and afternoons, games nights, quiz and movie nights.
They're a perfect opportunity to meet your neighbours and make new friends, but there's never any obligation to join in, you can socialise as much or as little as you want.
Leasehold Lease Length- 125 years from 2014 Ground Rent- £495 per annum Car Parking Permit Parking is by allocated space subject to availability.
The fee is usually £250 per annum, but may vary by development.
Service Charge (Breakdown) • Cleaning of communal windows • Water rates for communal areas and apartments • Electricity, heating, lighting and power to communal areas • 24 hour emergency call system • Upkeep of gardens and grounds • Repairs and maintenance to the interior and exterior communal areas • Contingency fund including internal and external redecoration of communal areas • Buildings insurance The Service charge does not cover external costs such as your Council Tax, electricity or TV, but does include the cost of your House Manager, your water rates, our 24 hour emergency call system, the heating and maintenance of all communal areas, exterior property maintenance and gardening.
To find out more about the service charges please please contact your Property Consultant or House Manager.
The Annual Service Charge is £4,836.14 for the financial year ending 30/09/2026 Moving Made Easy Moving is a huge step, but don’t let that hold you back.
We have a range of services to help your move go smoothly, including: • free Entitlements Advice to help you find out what benefits you may be entitled to.
• Part Exchange service to help you move without the hassle of having to sell your own home. • Removal Services that can help you declutter and move you in to your new home.
• Conveyancing specialists who are experienced with sales and purchases of McCarthy Stone retirement properties. For more information speak with our Property Consultant today.
Additional Information • Gfast & Superfast Fibre Broadband available • Mains water and electricity • Electric room heating • Mains drainage
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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.
Area
Agent & docs
FAQ
About 25 Martin Court,, St. Catherines Road, Grantham
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