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See how verdicts work1-bedroom flat · PE11 1GZ
Sold STCListed 259 days
Opportunity summary
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About
84 SWALLOWS COURT, SPALDING ** OPEN TO OFFERS ** McCarthy & Stone Second Floor Retirement Apartment for the Over 55's.
Nicely presented accommodation comprising entrance hallway, lounge diner, kitchen, double bedroom and shower room. No Chain.
ENTRANCE HALL 4' 2" x 6' 10" (1.28m x 2.10m) Skimmed and coved ceiling, smoke alarm, centre light point, telephone point.
Storage cupboard housing the electric boiler with slatted shelving, cupboard housing electric meter.
LOUNGE DINER 10' 8" x 18' 9" (3.27m x 5.74m) UPVC double glazed French doors to the front elevation leading on to Juliette Balcony, skimmed and coved ceiling with 2 centre light points, 2 electric heaters (one floor standing and one wall mounted), decorative fireplace with fitted coal effect electric fire, double glazed doors into: KITCHEN 5' 8" x 8' 7" (1.73m x 2.63m) UPVC double glazed window to the front elevation, skimmed and coved ceiling with strip lighting, fitted with a wide range of base and eye level units with work surfaces over, under cabinet lighting, tiled splashbacks, integrated AEG electric ceramic hob with extractor hood over, integrated AEG Electrolux fan assisted oven, integrated fridge, integrated freezer.
From the Entrance Hallway a door leads into: MASTER BEDROOM 9' 7" x 14' 4" (2.94m x 4.39m) UPVC double glazed window to the front elevation, skimmed and coved ceiling with centre light point, wall mounted electric heater, TV point, mirrored wardrobes fitted into recess with hanging rail and shelving.
SHOWER ROOM 5' 5" x 6' 9" (1.66m x 2.06m) Skimmed and coved ceiling with centre light point, extractor fan, fully tiled walls, wall mounted electric heater, heated towel rail, fitted with a three piece suite comprising low level WC, wash hand basin fitted into vanity unit with storage below, wall mirror over with light and shaver point, fully tiled one and a half sized shower cubicle with fitted thermostatic shower over.
EXTERIOR There is a residents parking area to the rear and communal gardens for the residents to enjoy.
GENERAL INFORMATION The property is situated within Phase II of the Swallows Court Development and is situated on the second floor to the rear of the building.
There is also a main communal hallway, security entry system, residents house manager, emergency call system, residents lounge, laundry room and various other facilities that will be discussed at the time of inspection.
DIRECTIONS From the Agents Spalding Office proceed along New Road to the traffic lights, turn left on to Pinchbeck Road, proceed over the next set of lights and the development is on the left hand side with car parking to the rear.
AMENITIES The town has a wide range of shopping, banking, leisure, commercial and educational facilities along with the Springfields Shopping Outlet, Festival Gardens and Spalding Golf Course.
The cathedral city of Peterborough is approximately 19 miles to the south and has a fast train link with London's Kings Cross minimum journey time 50 minutes.
GROUND RENT/SERVICE CHARGE Ground rent charged at £425 per annum. The service charge is currently £3,405.50 per annum (this can be paid monthly).
Included within the service charge is buildings insurance, water/drainage rates, window cleaning, gardening/grounds maintenance, electricity and cleaning of communal areas, repairs and maintenance of the lifts, fire systems, laundry room etc.
Employment of manager and emergency call with monitoring service and all professional management fees and audit fees. A full breakdown will be available upon negotiation of a sale.
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
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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.
Area
Agent & docs

FAQ
About 84, Swallows Court, Spalding
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