1-bedroom flat · PE9 1DW
Listing removedListed 457 days
Opportunity summary
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About
*** no onward chain *** over 60's development *** Stylish Refurbished One-Bedroom Apartment in the Heart of Stamford Now available for sale is this beautifully refurbished one-bedroom apartment, perfectly positioned on the second floor of a well-maintained development-just a short stroll from Stamford’s vibrant town centre.
Ideal for those seeking a comfortable and convenient lifestyle, this charming home combines modern living with characterful views.
Step inside to discover a bright and welcoming living/dining room, boasting delightful views of All Saints Church and the picturesque rooftops of Stamford.
The modern kitchen is well-appointed, while the spacious double bedroom features built-in wardrobes, providing practical storage.
A sleek shower room and handy storage cupboard complete the internal layout.
The development offers a range of thoughtfully designed communal spaces, both indoors and out, ideal for relaxing or socialising with neighbours.
For guests, a dedicated suite is available to book at a modest fee-perfect for extended visits.
Residents also enjoy access to a communal laundry room with multiple washing machines and dryers, all maintained and included in the service charge.
For added convenience, a waste chute is located just a few steps from the apartment door. Access to the town centre is quick and easy via a secure gated walkway exclusive to residents.
Key Information: Service Charge: 1,296 pounds every 6 months (includes maintenance of communal areas and facilities) Ground Rent: 261.33 pounds every 6 months The lease is 125 years from 1st August 1989 Newcomb Court was constructed by McCarthy & Stone (Developments) Ltd and comprises 62 properties arranged over 4 floors served by a lift.
The Development Manager can be contacted from various points within each property in the case of an emergency.
For periods when the Development Manager is off duty there is a 24 hour emergency Appello call system. Each property comprises an entrance hall, lounge, kitchen, one or two bedrooms and bathroom.
It is a condition of purchase that residents be over the age of 60 years, or in the event of a couple, one must be over the age of 60 years and the other over 55 years.
Please speak to our Property Consultant if you require information regarding "Event Fees" that may apply to this property.
The historic market town of Stamford with from many shops, garden centres, churches, public houses and hotels to be found, along with indoor swimming pool, leisure centre and good medical facilities.
Other recreational amenities in the area include several golf courses, Burghley House and Rutland Water between Stamford and Oakham for fishing, sailing and other pursuits.
Not only benefiting from excellent primary & secondary schools near by, education in the town is exceptional, provided by the renowned Stamford Endowed Schools.
Additional state and independent schooling can be found in nearby market towns such as Bourne, Market Deeping and Oakham.
High speed trains from Peterborough (only 15 miles away) to London Kings Cross take approximately 46 minutes; ideal for the commuter. The A1 road is only 1 mile away.
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.
Area
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FAQ
About 35, Newcomb Court, Stamford
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