2-bedroom flat · YO16 6ZJ
Listing removedListed 345 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Please quote Ref LT509 when calling in to view Welcome to Chestnut Court—an immaculate two-bedroom retirement apartment perfectly tailored for the over 60's, nestled in a sought-after area of the East Yorkshire in the coastal town of Bridlington with local amenities right at your doorstep.
This bright and welcoming home, is tucked away in the corner at the rear on the second floor, and boasts a welcoming hallway with a unique storage utility cupboard, spacious reception room ideal for relaxing or entertaining, featuring lovely garden views, with a private balcony to sit out and soak in the surroundings, and ample space for dining with friends or family.
The modern kitchen comes equipped with built-in appliances, streamlining everyday living.
Both double bedrooms promise comfort and tranquillity; the main bedroom is complemented by a generous walk-in wardrobe, making storage both convenient and stylish.
The contemporary bathroom provides comfort and accessibility, complete with a walk-in shower and a heated towel rail. There is also a separate cloakroom for your convenience.
Beyond your front door, the community spirit of Chestnut Court shines through.
Enjoy if you wish, exclusive facilities such as a communal lounge and kitchen, serene beautifully maintained grounds, a visitor room for hire when guests come by, and even a dedicated space for mobility scooter charging on request.
A lift provides easy access to all floors, and there’s allocated parking for residents and extra spaces for visitors.
With 990 years remaining on the leasehold, you can truly settle in with confidence.
This is a wonderful opportunity to become part of a warm and welcoming community, where thoughtful comforts and conveniences are part of daily life.
Don’t miss your chance to view this delightful property—contact us today! EPC Grade B, Council tax Band C Leasehold Information : 990 years remain of the 999 year lease.
Current Ground Rent £247.50 every six months. Service charge: From 01 July is £391.00 a month.
Notes At present, the service charge covers a 24 hour call system, house manager, communal areas cleaning, maintenance of common areas, heating and lighting to those areas.
Building insurance, water rates, gardening, window cleaning (external), cctv, car park maintenance, lift maintenance and buggy store.
No water rates as included in the Service Chargen There is a guest bedroom which can be booked for visitors. The apartments are for over 60's only. There is a full security system and smoke alarm.
Value & comps
No previous sales on record.
Returns
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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 Chestnut Court, ,26, Martongate, Bridlington
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