2-bedroom flat · PE6 8EL
Listing removedListed 258 days
Opportunity summary
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About
Newton Fallowell are proud to offer for sale with NO ONWARD CHAIN, this two bedroom ground floor apartment requiring modernisation.
Cartmell Court is a small development of purpose built apartments designed specifically for the over 55's.
The accommodation briefly comprises of a lounge / diner, a kitchen breakfast room, two bedrooms and a bathroom.
Externally there is a car park to the rear and well maintained communal gardens with a seating area looking over the River Welland.
Tenure: Leasehold, Lease There is 992 years remaining on the lease. The maintenance charge is £250 per quarter which includes buildings insurance.
Entrance hall PVCu part glazed front door opening to entrance hall with boiler cupboard housing gas central heating boiler, additional store cupboard, radiator.
Doors to: Lounge / diner 4.24m x 4.46m (13'11" x 14'8") PVCu double glazed sliding patio door opening to open plan communal gardens, radiator.
Kitchen / breakfast 2.29m x 3.39m (7'6" x 11'1") Fitted with base and eye level units with worktop over, space for appliances, stainless steel sink, radiator, PVCu double glazed window to the front.
Bedroom 1 2.48m x 4.23m (8'2" x 13'11") PVCu double glazed window to the rear, radiator. Bedroom 2 2.39m x 2.51m (7'10" x 8'3") PVCu double glazed window to the front, radiator.
Bathroom Fitted with a three piece suite comprising of a bath with electric shower over, sink and low level WC, radiator, PVCu double glazed window to the front.
Outside There is a communal garden to the rear of the property that is maintained. There is a car parking and seating enjoying views over the River Welland.
Disclaimer These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither Newton Fallowell Market Deeping nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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
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FAQ
About Bridge Street, Deeping St. James, PE6
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