1-bedroom flat · DN22 7ZA
For saleReduced £15k (−11.1%) on 7 OctListed 162 days
Opportunity summary
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About
A beautifully presented one bedroom retirement apartment, situated on the first floor.
Don't miss out on the chance to make this apartment your own and enjoy all that Charter Court and Retford have to offer.
Contact us today to arrange a viewing and take the first step towards owning this lovely property. Charter Court Charter Court is situated in the popular market town of Retford.
The development of 57, one and two bedroom apartments has been designed and constructed by McCarthy & Stone, the UK’s leading developer of privately owned retirement properties.
The development sits within beautiful communal gardens to be enjoyed by the Home Owners.
The apartments offer Sky connection points in living rooms, built in wardrobes in the main bedroom and well equipped kitchens.
The dedicated House Manager is on site during their working hours (Mon-Fri ) to take care of the running of the development.
There is no need to worry about the burden of maintenance costs as the service charge covers the cost of all external maintenance, gardening and landscaping, external window cleaning, buildings insurance, water rates and security systems.
All energy costs of the homeowners lounge and other communal areas are also covered in the service charge.
For your peace of mind the development has camera door entry and 24-hour emergency call systems, should you require assistance.
The Homeowners' lounge provides a great space to socialise with friends and family.
If your guests have travelled from afar, they can extend their stay by booking into the development Guest Suite (usually for a fee of £30 per night + £5 booking fee - subject to availability).
It is a condition of purchase that residents must meet the age requirement of 60 years or over.
Local Area The historic market town of Retford is situated 31 miles from Nottingham and 23 miles from Lincoln.
The town is in the valley of the River Idle and Chesterfield canal passes through the centre.
There's plenty to do close by including the town centre with it's selection of independent shops, bars and restaurants and Morrisons supermarket a short walk away.
The health centre, library and banks can also be found in Retford.
For days out, Kings Park in the heart of Retford, an award winning park covering over 10 hectares and divided in two by the River Idle.
Enjoy a stroll around the rose, wildlife and community gardens, or join in a game of bowls. Entrance Hall Front door with spy hole leads to the entrance hall.
The 24-hour Tunstall emergency speech module is situated in the hall. From the hallway there is a door to a walk-in storage cupboard/airing cupboard.
Doors lead to the living room, bedroom and shower room. Living Room A bright and spacious living room, the rooms footprint and size means it could easily accommodate a dining table and chairs.
A double glazed French door leads to a Juliet balcony, overlooking the communal grounds. TV and telephone points, two ceiling lights, raised electric power sockets and electric radiator.
Partially glazed doors lead into a separate kitchen. Kitchen Fitted kitchen with a range of base and eye level units.
The base units are fitted with granite styled roll edge work surfaces and a tiled splash back. Fully integrated appliances comprising of a mid level electric oven and induction hob with extractor fan.
Freestanding fridge and freezer. Stainless steel sink unit with mixer tap. Power points. Double glazed window. Slip resistant flooring.
Bedroom A generously sized double bedroom with views onto the gardens. Built in double wardrobe with bi-fold, mirror fronted doors, housing rails and shelving.
Ceiling light fitting, TV and telephone point. Bathroom Fully tiled and fitted bath with a shower, wall mounted seat and grab rails. WC; wash basin with mirror above.
Wall mounted heated towel rail and emergency pull-cord.
Service Charge (Breakdown) • Cleaning of communal windows • Water rates for communal areas and apartments • Electricity, heating, lighting and power to communal areas • 24-hour emergency call system • Upkeep of gardens and grounds • Repairs and maintenance to the interior and exterior communal areas • Contingency fund including internal and external redecoration of communal areas • Buildings insurance The Service charge does not cover external costs such as your Council Tax, electricity or TV.
To find out more about the service charges please contact your Property Consultant or House Manager.
Lease Information Lease: 125 years from 1st Jan 2009 Ground rent: £763 per annum Ground rent review: 1st Jan 2039 Car Parking Car park spaces are available on a first come, first served basis at no additional cost.
Subject to availability. Additional Information & Services • Superfast Fibre Broadband available • Mains water and electricity • Electric room heating • Mains drainage
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
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FAQ
About 40 Charter Court, North Road, Retford
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