1-bedroom flat · NG34 7UL
Listing removedReduced £10k (−14.3%) on 21 JunListed 566 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*no chain* Winkworth are delighted to offer for sale this spacious One Bedroom Over 60's Second Floor Apartment built by McCarthy & Stone.
Situated in the town centre, the apartment has been extremely well maintained and benefits from accommodation comprising of an Entrance Hall, Lounge, Kitchen, Bathroom and a generously sized Bedroom.
The property is offered for sale with no onward chain and the development also benefits from having a lift.
There is a lovely communal residents area located on the ground floor, where various activities and coffee mornings are held on a regular basis where residents can come and join the fun.
Why not come and have a look and see what's on offer! Entrance Hall Large storage cupboard housing the heating boiler and shelving.
Lounge (5.33m x 3.1m) The lounge has a a window overlooking the rear garden and the River Slea.
Kitchen (2.13m x 2.2m) Fully fitted with low level and eye level units to three sides, plenty of work surface and tiled splashbacks.
Integrated electric ceramic hob with extractor over, space for fridge and freezer, there is also an eye level oven.
Single drainer sink and window to Shower Room Fully tiled shower room with vanity inset sink, low level WC and large shower unit.
Bedroom One (3.7m x 2.62m) Main Bedroom with window overlooking the rear, built in mirrored double wardrobe and electric Agents Note Ground rent £365 a year Service charge approx £3700 per annum Approx 100 yrs remaining on lease Agents Note Management fees apply Please note that prior to acceptance of any offer, Waldeck Snarey & Brown Ltd t/a Winkworth are required to verify the identity of the buyer to comply with the requirements of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.
We are most grateful for your assistance with this.
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 advisors 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 Flat 43, Moores Court,, Jermyn Street, Lincolnshire
Explore nearby
.png){kind=logo}
