1-bedroom flat · YO16 6ZJ
For saleReduced £10k (−7.4%) on 31 JulListed 191 days
Opportunity summary
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About
A beautifully presented and energy-efficient one-bedroom second floor retirement apartment, ideally located within the highly sought-after Chestnut Court development.
Summary Chestnut Court, built by McCarthy & Stone, is a purpose-built retirement development designed exclusively for the over 60s.
The development comprises 32 thoughtfully designed one and two-bedroom apartments, offering comfort, security, and a welcoming community environment.
Residents benefit from an on-site House Manager and a 24-hour emergency call system, accessible via a personal pendant alarm and strategically placed call points within the apartment.
The property itself features a fully fitted kitchen, a spacious lounge, a well-proportioned double bedroom, and a modern shower room.
Communal facilities include a comfortable homeowners’ lounge, beautifully maintained landscaped gardens, and a guest suite available for visiting family and friends (charges apply).
A car parking – permit scheme applies, check with the House Manager for availability.
Location Situated in the charming coastal town of Bridlington, Chestnut Court is perfectly positioned for an enjoyable and relaxed retirement lifestyle.
Bridlington offers scenic coastal walks, a sandy beach, and an award-winning promenade, along with a wide variety of shops, cafés, and restaurants.
The historic Old Town provides a delightful mix of independent boutiques and galleries, while the renowned Bridlington Spa hosts regular shows, events, and traditional tea dances in the Royal Hall.
The town is well-served by major supermarkets including Tesco, Morrisons, and Co-op, along with essential amenities such as a Post Office, library, and community centre.
Excellent transport links are available via road and rail, with Bridlington Railway Station providing connections between Hull and Scarborough.
Local bus routes also serve nearby towns including York, Driffield, and Beverley. Entrance Hall A welcoming and spacious entrance hall with a secure front door and spy hole.
Features include a 24-hour emergency pull cord system, illuminated light switches, smoke detector, and an intercom entry system. There is also a useful walk-in storage/airing cupboard.
Doors lead to all principal rooms. Lounge A bright and generously sized lounge with a Juliet balcony overlooking the communal gardens.
The room offers ample space for both relaxing and dining, and features an attractive fireplace as a focal point.
Additional benefits include TV and telephone points, fitted carpets, and raised power sockets. Partially glazed double doors lead through to the kitchen.
Kitchen A modern, fully tiled kitchen fitted with a range of wall and base units with roll-top work surfaces.
Includes a stainless steel sink with mixer tap, built-in oven, ceramic hob with extractor hood, and integrated appliances including fridge, freezer, and washer/dryer.
A UPVC double glazed window provides natural light. Bedroom A spacious double bedroom with access to a walk-in wardrobe fitted with shelving and hanging rails.
Features include fitted carpets, ceiling lighting, and TV/telephone points.
Shower Room A contemporary, fully tiled shower room comprising a walk-in shower, low-level WC, vanity unit with sink and mirror, heated towel rail, and an emergency assistance pull cord.
Service Charge The annual service charge of £3,128.00 (for the year ending 30th June 2026) covers: Cleaning of communal windows Water rates (communal and apartment supply) Heating, lighting, and power to communal areas 24-hour emergency call system Maintenance of gardens and grounds Repairs and upkeep of communal areas Contingency fund for redecoration Buildings insurance (Please note this does not include Council Tax, electricity usage within the apartment, or TV services.) Parking Allocated parking is available via a permit scheme (subject to availability), typically costing around £250 per annum.
Spaces are offered on a first-come, first-served basis.
Lease Information Lease term: 999 years from June 2016 Ground rent: £425 per annum Ground rent review: January 2031 Additional Information Standard broadband available Mains water and electricity Electric heating Mains drainage Please note: Residency is restricted to individuals aged 60 years and over.
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.
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FAQ
About 24 Chestnut Court, 99 Marton Gate, Bridlington
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