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See how verdicts work1-bedroom flat · NG31 8FD
For saleListed 47 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Well Presented One Bedroom Ground Floor Apartment for the over 55s, set within the popular Warden Aided complex of Premier Court.
Ideally located in Grantham town centre, the property offers convenient access to nearby amenities and is ready to move into.
The accommodation briefly comprises: Entrance Hall, Sitting/Dining Room, Fitted Kitchen, One Bedroom and a modern Wet Room.
The property benefits from a Gas Central Heating System and uPVC double glazing.
Premier Court provides excellent communal facilities including a Lounge, Kitchenette, Laundry Room and well maintained Communal Gardens, which form an important feature of the development.
Offered for sale with NO UPWARD CHAIN! Viewing is highly recommended. Tenure: Leasehold / Council Tax: Band B VIEWINGS By appointment only directly with the selling agents Buckley Wand or e-mail: .
If you have any questions or require further information regarding this property or any other matter please do not hesitate to contact us.
DIRECTIONS From our offices on Westgate continue along to the traffic lights with the High Street and turn left, keep in the right hand lane, at the next set of traffic lights continue forward keeping right, at the next set of lights turn right keep in the right hand lane, continue over the traffic lights and take the first right hand turning into Premier Court.
SITUATION Grantham is a historic and growing market town situated on the old Great North Road (A1) and East Coast main line linking the town to London (Kings Cross) in just over an hour.
Within the town there are both girls' and boys' grammar schools, also a number of primary, secondary and nursery schools.
Grantham boasts a wealth of further amenities such as health, leisure and shopping including a variety of independent boutiques and National chain shops as well as a Saturday street market.
ACCOMMODATION Photographs are taken using a wide angled lens. All dimensions are approximate and are taken from plaster to plaster.
ENTRANCE HALL 3.63m (11' 11") x 1.05m (3' 5") Covered canopy gives access via a Timber entrance door into the hallway, having intercom and alarm control unit, telephone point, smoke alarm, radiator, storage cupboard with shelf and hanging rail and doors to: KITCHEN 2.40m (7' 10") x 3.40m (11' 2") Range of Oak effect wall mounted units with complementary cupboards and drawers set beneath roll edge work surface, tiled splashbacks, stainless steel one and half bowl sink and drainer with mixer tap over, space for cooker with integrated extractor above, space and plumbing for washing machine, further appliance spaces, coved ceiling, wood effect vinyl floor covering, wall mounted Ideal Gas Boiler, radiator and uPVC double glazed window to the front elevation.
SITTING ROOM 3.45m (11' 4") x 4.27m (14' 0") Coved ceiling, Adam style Fire Surround with marble effect backing and hearth, TV point, alarm pull cord, radiator, uPVC double glazed walk-in box bay window to the rear elevation.
BEDROOM 3.01m (9' 11") x 4.26m (14' 0") Coved ceiling, radiator, TV point, alarm pull cord, storage cupboard/wardrobe with shelf and hanging rail and two uPVC double glazed windows to the rear elevation.
WET ROOM 2.29m (7' 6") x 1.70m (5' 7") White comfort level WC, vanity wash hand basin set into unit providing drawer and cupboard storage, complimentary roll edge top, Mains fed shower with complimentary marble effect mermaid boarding surround and chrome grab rails, chrome towel rail, alarm pull cord, Altro Aquarius non-slip flooring, coved ceiling and uPVC double glazed window to the front elevation.
OUTSIDE The property is approached via a canopied entrance with utility cupboard and leads to the main entrance.
The communal gardens which are well landscaped and maintained, with seating areas and an abundance of plants, trees and shrubs providing a lovely setting.
COMMUNAL FACILITIES Situated in a separate block are residents communal facilities, including Laundry Room, Lounge and Conservatory. There are a range of activities that are organised for residence.
TENURE & COUNCIL TAX The current council tax band for this property is: Band B The property is understood to be Leasehold.
Please note that there is a Management Fee which is currently £178.83 per month Ground Rent £98 per annum There is an Annual Ground Rent Charge of approx £ ---- per year The Lease is believed to be 999 years starting in 1987 (TO BE CONFIRMED) The items covered in these charges can be obtained from the Site Warden, prices are subject to change.
ANTI-MONEY LAUNDERING REGULATIONS All clients offering on a property will be required to produce photograph proof of Identification, and proof of financial ability to proceed, we understand it is not always easy to obtain the required documents and will assist you in any way we can.
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
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 Premier Court, Grantham
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