2-bedroom flat · LN4 2TS
For saleListed 18 days
Opportunity summary
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About
A spacious and well presented two bedroom apartment situated within the popular over-55s development of Minster Court in Bracebridge Heath.
Designed to offer independent living with additional peace of mind, Minster Court benefits from 24-hour on-site staff and emergency assistance, emergency pull cords, weekly apartment cleaning, beautifully maintained communal gardens, residents’ parking, lift access, communal lounge and dining facilities, a guest suite, laundry facilities, scooter storage and an active programme of social activities.
Residents can also enjoy freshly prepared lunches within the development, available at an additional cost.
The development is conveniently positioned within walking distance of a range of everyday amenities, including Tesco Express, Lincolnshire Co-op Bracebridge Heath Pharmacy, The Heath Surgery, The Pantry Cafe and local pubs including The Bull.
The village also offers a Post Office, further shops and regular bus services providing convenient access into Lincoln city centre.
Offering a welcoming community atmosphere alongside the freedom of independent living, Minster Court is an excellent choice for those looking to enjoy a comfortable and convenient retirement.
The accommodation on offer comprises Entrance Hall, Lounge, Two Double Bedrooms, Wet Room and Breakfast Kitchen. Externally you have access to the communal grounds and gardens.
The property is being sold with no onward chain. EPC rating: C. Entrance Hall With the entrance door to the front aspect and access to storage.
Kitchen (10'7" x 8'0" (3.23m x 2.44m)) With a window to the rear aspect. Fitted with a range of wall and base units with worktops over, oven and hob with extractor hood and access to storage.
Lounge/Dining Room (16'4" x 13'1" (4.98m x 3.99m)) With windows to the rear aspect and fireplace.
Bedroom One (13'7" x 11'4" (4.14m x 3.45m)) With a bay window to the front aspect, radiator, access to the dressing room and storage.
Bedroom Two (10'6" x 8'8" (3.2m x 2.64m)) With a window to the front aspect and radiator. Wet Room Fitted with a low level wc, wash hand basin, level access shower and radiator.
Lease Details 125 year lease from 1st September 1998. Service charge £733.88 per month (Including Water).
Agents Note 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 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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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 19, Minster Court, Bracebridge Heath
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