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See how verdicts work2-bedroom flat · LN10 6WP
For saleListed 146 days
Opportunity summary
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About
A bright and spacious two bedroom, two bathroom retirement apartment, situated on the first floor. Juliet balcony with a North facing view over the communal grounds.
Gibson Court - Situated on Tattershall Road in the historic town of Woodhall Spa, Gibson Court is an exclusive Retirement Living development for the over 60's.
These private retirement homes in this gated community, share attractive communal facilities and an amazing location close to the heart of Woodhall Spa.
With easy walking access to the town centre, this Retirement Living development offers a multitude of amenities, entertainment and attractions right on the doorstep.
This Retirement Living development in Woodhall Spa offers safe, secure, luxurious and low maintenance retirement homes, exclusive to the over the 60s.
You’ll benefit from a friendly manager on-site to keep everything running smoothly, as well as access to communal areas like the lovely lounge (with free Wi-Fi) and landscaped gardens for socialising.
There is also a hotel-style guest suite as a convenient alternative when people come to stay and can be booked for a nominal sum.
Gibson Court Retirement Living development is designed to encourage community feeling to flourish, while also allowing you to enjoy the complete privacy of your own spacious retirement apartment.
You’ll enjoy stylish well-maintained communal spaces, including the well-appointed lounge with free Wi-Fi, and a lush, landscaped garden - ideal for meeting your friends, neighbours and family for a drink and a chat.
All our new retirement apartments are designed with intelligent ergonomics and Modern Methods of Construction to ensure they are a joy to live in.
As well as being well-insulated, warm and energy-efficient, they have the latest safety and security features built in.
You’ll benefit from a 24-hour emergency call system, intruder alarms, fire detection and door camera entry, so you can see who it is before answering the door - as well as the reassurance of a manager on-site in office hours (9-3) Entrance Hall - Front door with spy hole leads to the large entrance hall where the 24-hour Tunstall emergency response module is situated.
From the hallway there is a door to a large storage cupboard with shelving which also houses the electrical meter and hot water thermal store.
Light switches, smoke detector, and security entry system with intercom. Doors lead to the both bedrooms, living room and shower room.
Living Room - A bright and airy lounge with a double glazed opening door leading to a Juliet balcony with a North facing view. The lounge provides ample room for dining.
TV point with the provision for Sky+. Telephone point. Two ceiling lights and raised electric power sockets. Partially glazed doors lead onto a separate kitchen.
Kitchen - Fitted kitchen with a range of modern white high gloss base and wall units - with under lighting to the wall units. Fitted roll edge work surfaces and splash back.
A garden facing window with blind sits above the stainless steel sink with lever tap and drainer. Built in waist height oven with space above for a microwave.
Four ring ceramic hob and cooker hood above. Integral fridge and freezer. Master Bedroom - This spacious bedroom benefits a large window which provides views towards the gardens.
TV point with the provision for Sky+. Telephone point. Two ceiling lights and raised electric power sockets.
Door leads into a walk in wardrobe with shelving and hanging rail, further door leads onto the en-suite.
En-Suite - Fully tiled fitted modern suite comprising; a full width walk in shower with glass screen and support rail, WC, vanity unit with inset wash basin and mirror above, shaver point and heated towel rail.
Emergency pull-cord Bedroom Two - Double second bedroom which could be used for dining or hobby / study room. Double glazed window. Ceiling light and raised electric power sockets.
Shower Room - Fully tiled fitted modern suite comprising; a large shower cubicle with glass sliding door and support rail, WC, vanity unit with inset wash basin and mirror above and heated towel rail.
Emergency pull-cord Car Parking Space - A parking space may be available to purchase, please contact us for more information.
Service Charge - • House Manager on-site 9-3 • 24-hour emergency call system • Cleaning of communal windows • Water rates for communal areas and apartments • Electricity, heating, lighting and power to communal areas • 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 annual service charge is £4,892.06 for the financial year ending 28/02/2027.
The service charge does not cover external costs such as your Council Tax, electricity or TV, to find out more about service charges please contact your Property Consultant or House Manager.
Lease Information - Lease: 999 years from 1st Jan 2021 Ground rent: £495 per annum Ground rent review: 1st Jan 2036 It is a condition of purchase that residents must meet the age requirement of 60 years or over.
Moving Made Easy & Additional Information - Moving is a huge step, but don’t let that hold you back.
We have a range of services to help your move go smoothly, including: • FREE Entitlements Advice to help you find out what benefits you may be entitled.
• Part Exchange service to help you move without the hassle of having to sell your own home. • Removal Services that can help you declutter and move you in to your new home.
• Conveyancing specialists who are experienced with sales and purchases of McCarthy Stone retirement properties.
FOR MORE INFORMATION CHECK OUR WEBPAGE ADDITIONAL SERVICES OR SPEAK WITH OUR PROPERTY CONSULTANT • Full 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.
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About Gibson Court, Tattershall Road, Woodhall Spa
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