We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · NG31 8FD
Listing removedListed 129 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
OVER 60s can secure this property with a HOME FOR LIFE from HOMEWISE Through the Home for Life Plan from Homewise, those AGED 60 OR OVER can purchase a Lifetime Lease and a share of the property value to safeguard for the future.
The cost to purchase the Lifetime Lease is always less than the full market value. OVER 60s customers typically save between from 20% To 50%*.
Home for Life Plan guide price for OVERS 60s: The Lifetime Lease price for this property is £83,750 based on an average saving of 33%.
Market Value Price: £125,000 The price you pay will vary according to your age, personal circumstances and requirements and will be adjusted to include any percentage of the property you wish to safeguard.
The plan allows customers to purchase a share of the property value (UP TO 50%) to safeguard for the future.
For an indication of what you could save, please use our CALCULATOR on the HOMEWISE website. Please CALL for more information or a PERSONALISED QUOTE.
Please note: Homewise DO NOT own this property and it is not exclusively for sale for the over-60s.
It is being marketed by Homewise as an example of a property that is currently for sale which could be purchased using a Home For Life Lifetime Lease.
If you are not OVER 60 or would like to purchase the property at the full market value of £125,000, please contact the estate agent Pygott & Crone.
PROPERTY DESCRIPTION Well-Presented Two Bedroom Ground Floor Retirement Apartment for the Over 55s – Town Centre Location with Warden Assistance Situated within the highly regarded Premier Court development, this spacious and well-maintained two double bedroom ground floor apartment is exclusively available to residents aged 55 and over and offers comfortable, secure and low-maintenance living in the very heart of Grantham town centre.
Benefitting from warden assistance, communal facilities, the property presents an excellent opportunity for those seeking independent living within a welcoming community environment.
Ideally positioned for convenience, Premier Court places a wealth of amenities within easy walking distance.
Grantham offers an extensive range of shops, supermarkets, cafés, restaurants, public houses, healthcare services and leisure facilities, whilst the town's railway station provides direct services to London Kings Cross in approximately one hour.
The town also benefits from excellent road links and a wide range of community amenities. The apartment itself is well presented throughout and offers generously proportioned accommodation.
A welcoming entrance hall provides access to all principal rooms, leading through to a bright and spacious lounge featuring a bay window that allows an abundance of natural light to flood the room.
The kitchen/diner offers ample space for both cooking and dining, creating a practical and sociable environment for everyday living.
There are two well-proportioned double bedrooms and a contemporary shower room which completes the accommodation.
Further advantages include gas-fired central heating served by a modern boiler, together with uPVC double glazing throughout.
A particular feature of Premier Court is the excellent range of communal facilities available to residents.
These include a residents' lounge with kitchenette, a laundry room and beautifully maintained communal gardens, all designed to promote a friendly and sociable atmosphere whilst retaining independence and privacy.
The property is offered to the market with no onward chain, allowing for a potentially smoother purchase process.
Apartments within this popular development are always in demand, and early viewing is highly recommended to fully appreciate the accommodation, facilities and convenient location on offer.
Lease Information (provided by the vendor): We understand the property is leasehold with approximately 959 years remaining on the lease.
The current ground rent and service charge are approximately £2,419.49 per annum.
Prospective purchasers are advised to verify these details through their legal representative, we are also informed that a potential purchaser can apply for a parking space directly with the site.
Agents Note:- The sale is subject to a Grant of Representation (Probate) which has been applied for but has not been granted.
The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose. Suitable as a retirement home.
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
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Area
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FAQ
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