We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · NG31 8FD
Listing removedListed 185 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Located in a sought-after spot on Premier Court, this attractive ground-floor apartment forms part of a purpose-built retirement development for those aged 55 and over.
Tucked away in a quiet, private corner of the complex, the property offers both comfort and convenience.
The well-presented accommodation includes an entrance hall, a fitted kitchen, a spacious living room, two bedrooms, and a generously sized shower room.
There are also several useful storage cupboards throughout.
Residents benefit from an on-site warden, emergency pull cords in every room, and access to communal facilities such as a laundry room and residents’ lounge. EPC rating: C. Tenure: Leasehold.
Service charge managed by FirstPort Retirement Property Services.
EPC Rating: C Location Premier Court is situated within the town, very close to Asda and Lidl and within flat walking distance of local bus services.
There is a charming selection of tea rooms, cafes, restaurants, traditional style pubs and a great choice of supermarkets.
Oldrids Downtown is a very popular superstore and garden centre at the edge of town just off the A1. Next to Belton Woods Hotel is Belton Garden Centre, which boasts a very successful café/restaurant.
Travel connections in the area are excellent - the A1 passes to the west of the town providing access to major commuter areas and the A52 crosses through taking you east to Boston and west to Nottingham.
Grantham station is on the East Coast mainline giving direct services to London Kings Cross with a journey time from around 70 minutes, Newark in 10 mins and Peterborough in 20 mins.
Cross country service to Nottingham in just 30 mins.
Lounge (3.47m x 5.05m) Kitchen (3.38m x 2.81m) Bedroom One (3.70m x 4.45m) Bedroom Two (2.22m x 3.30m) Shower Room (2.26m x 1.74m) Premier Court Premier Court benefits from having an allocated parking space, communal gardens and seating areas.
There is also visitor parking on a first come first served basis.
Facilities There is a Day Room where there are often residents' activities, a bookable Guest Suite Facility and Laundry, on site manager's office and a 24-hour Careline Response System for out of hours emergencies.
Services Mains water, gas, electricity and drainage are connected.
Lease The lease term is 999 years with 961 years remaining.There is a service charge of £2,419 per annum to include window cleaning, maintenance and buildings insurance, and a ground rent of £79.20 per annum.
Directions From High Street continue onto Watergate following the one-way system turning right at the traffic lights onto Broad Street where you will see the entrance to Premier Court on the right-hand side.
Agents Note Please note these particulars may be subject to change and must not be relied upon as an entirely accurate description of the property.
Although these particulars are thought to be materially correct, their accuracy cannot be guaranteed and they do not form part of any contract.
Some measurements are overall measurements and others are maximum measurements. All services and appliances have not and will not be tested.
Note Anti-Money Laundering Regulations – Intending purchasers will be required to provide identification documents via our compliance provider, Coadjute, at a cost of £54 inc. VAT per transaction.
This will need to be actioned at the offer stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
Newton Fallowell and our partners provide a range of services to buyers, although you are free to use an alternative provider.
If you require a solicitor to handle your purchase and/or sale, we can refer you to one of the panel solicitors we use. We may receive a fee of up to £300 if you use their services.
If you need help arranging finance, we can refer you to the Mortgage Advice Bureau who are in-house. We may receive a fee of £300 if you use their services.
For more information please call in the office or telephone .
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.
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FAQ
About 41 Premier Court, Grantham
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