1-bedroom flat · NG34 7UL
Listing removedListed 174 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A One Bedroom Retirement Apartment for the Over 60's located within this McCarthy & Stone development within the town centre, with a Re-Fitted Shower Room and offered to the market with no forward chain.
The property offers amenities including a Residents' Lounge, Laundry Room and House Manager and has fully maintained Communal Gardens.
Located on the second floor, the property has accommodation comprising Hall, Lounge Diner, Kitchen, Bedroom and Shower Room, and the property further benefits from Double Glazing and Electric Heating.
Directions: Walking from our office, head South and continue along Southgate and take the third turning on the right into Jermyn Street. Turn right into Moore Court.
Shower Room: (2.03m (6'8") x 1.65m (5'5")) Lounge Diner: (5.38m (17'8") x 3.40m (11'2") max) Kitchen: (2.77m (9'1") x 1.70m (5'7")) Bedroom: (4.70m (15'5") x 2.62m (8'7") max) Agents's Note: The property is offered on a Leasehold basis with the term of the lease being 125 years from 2003.
There is ground rent payable of £365.00 p.a. And the service charge for the current year is approx £3,700.00. This includes buildings insurance and water rates. Council Tax Band A.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
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FAQ
About 44, Moores Court, Sleaford
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