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See how verdicts work1-bedroom flat · NG31 8FD
For saleListed 213 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Premier Court is an ideal complex for the over 55 age group and senior citizens being situated in a central position and very convenient for access to town centre shops and other amenities.
In addition there is an on site warden and emergency pull cords in each room for added security.
A residents lounge and laundry room are nearby and communal gardens provide some outdoor space for warmer days. A visitors room is also available to be booked for out of area visitors. EPC rating C.
Location There is a charming selection of tea rooms, cafes, restaurants, traditional style pubs and a great choice of supermarkets.
Oldrids Downtown is a very popular superstore and garden centre at the edge of town just off the A1. Next to Belton Woods Hotel is Belton Garden Centre, which boasts a very successful café/restaurant.
Premier Court is situated within the town, very close to Asda and Lidl are within level walking distance.
Travel connections in the area are excellent - the A1 passes to the west of the town providing access to major commuter areas and the A52 crosses through taking you east to Boston and west to Nottingham.
Grantham station is on the East Coast mainline giving direct services to London Kings Cross with a journey time from around 70 minutes, Newark in 10 mins and Peterborough in 20 mins.
Cross country service to Nottingham in just 30 mins. Entrance Hall A private Entrance lobby with useful external storage cupboard.
Staircase to first floor and recently installed stairlift available by separate negotiation if required.
First Floor Landing With good sized cloaks and airing cupboards, radiator and decorative screen, alarm pull and loft hatch to roof space.
Kitchen (2.35m x 3.47m) A bright fitted kitchen with a range of modern base cupboards, working surfaces and wall cupboards.
Inset one and a half bowl stainless steel sink with mixer tap, tiled splash backs, integrated ceramic hob with hood over and radiator. Upvc double glazed window.
Walk in boiler cupboard with Glowworm gas fired combination boiler. Living Room (3.41m x 4.30m) Plus bay window.
Upvc double glazed box bay window to front elevation giving ample natural light and the opportunity to watch the world go by.
A well proportioned living room with radiator and decorative screen and alarm pull cord. Bedroom (3.03m x 3.16m) Double bedroom with Upvc double window, radiator and alarm pull cord.
Shower Room (1.80m x 2.03m) Refitted to comprise a modern corner shower with mains mixer tap, pedestal wash basin and low level WC.
Fully tiled walls, chromed heated towel rail and electric shaver socket. Upvc window to rear. Agents Note The sale is subject to a Grant of Probate.
Please enquire as to the stage the application has reached.
Anti-Money Laundering Regulations – Intending purchasers will be required to provide identification documents via our compliance provider, Coadjute, at a cost of £54 inc. VAT per transaction.
This will need to be actioned at the offer stage and before a memorandum of sale can be issued.
Newton Fallowell and our partners provide a range of services to buyers, although you are free to use an alternative provider.
If you require a solicitor to handle your purchase and/or sale, we can refer you to one of the panel solicitors we use. We may receive a fee of up to £300 if you use their services.
If you need help arranging finance, we can refer you to the Mortgage Advice Bureau who are in-house. We may receive a fee of £300 if you use their services.
For more information please call in the office or telephone . Services Mains gas, electricity, water and drainage are connected. Gas fired central heating with a modern combination boiler.
Note We have not tested the services or appliances and prospective purchasers should rely on their own enquiries in this regard. Lease, Charges Etc.
Approximately 960 years of the original 999 year lease remain. Service charges and ground rent to be confirmed.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 17 Premier Court, Grantham
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