2-bedroom house · DN35 0AP
Sold STCListed 228 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer a unique opportunity to purchase THIS TWO BEDROOM GROUND FLOOR APARTMENT built by McCarthy Stone and situated within Maritime Court which is an exclusively designed apartment complex for the over 60's which is perfect for those looking to retire by the sea.
Free from worries of external maintenance, gardening, plus having the security of a 24 hour emergency call system, dedicated house manager on site during working hours, homeowner's lounge with kitchen area and a guest suite for visitors.
The communal hallway leads to your own front door and private entrance hall, utility cupboard, lounge/dining room with French doors opening onto a patio area overlooking the communal gardens.
Fitted kitchen, two double bedrooms and a contemporary shower room/wc. Electric heating. Allocated parking available at an extra cost. Early Viewing highly recommended.
Measurements - All measurements are approximate. Accommodation - . Ground Floor - .
Communal Entrance Hall - Approached via a secure entry system through double glazed automatic doors having open access into the:- Home Owners Lounge - This fabulous lounge is available for a variety of uses which includes the residents meeting for coffee, fish and chip suppers etc plus there are regular weekly sessions of organised events.
Personal Entrance - Accessed via a solid wood door with electric fitted mechanism for easy opening into the owners hallway.
Hallway - 3.61 x 2.43 (11'10" x 7'11") - The welcoming hallway with carpeted flooring and electric wall mounted heater. Large cloaks cupboard having lighting and carpeted flooring.
Large Storage Cupboard - 1.47 x 1.16 (4'9" x 3'9") - Generous built in cupboard housing the hot water cylinder and automatic washer dryer, fitted with shelving and lighting. Carpeted flooring.
Lounge - 5.41 x 3.29 (17'8" x 10'9") - The lounge has uPVC double glazed French doors with perfect fit blinds, carpeted flooring and electric wall heater. Door leading to the kitchen.
Lounge - Lounge - Lounge - Study/Store - 2.09 x 1.45 (6'10" x 4'9") - Presently used as a store/study fitted with lighting and carpeted flooring.
Kitchen - 2.58 x 2.38 (8'5" x 7'9") - The kitchen benefits from a range of wood effect wall and base units with contrasting worksurfaces and matching upstands incorporating a stainless steel sink and drainer, electric hob, glass splashback and stainless steel chimney style extractor hood above, electric fan assisted oven and integrated fridge freezer.
Finished with tiled floor and uPVC double glazed window to the rear aspect with blinds fitted.
Kitchen - Kitchen - Bedroom One - 4.81 x 3.00 (15'9" x 9'10") - The master bedroom has a uPVC double glazed window over looking the gardens and is finished with carpeted flooring, electric wall heater and large walk in wardrobe fitted with hanging rails and shelving.
Bedroom One - Bedroom Two - 4.16 x 2.80 (13'7" x 9'2") - The second double bedroom again has a uPVC double glazed window overlooking the gardens, carpeted flooring and electric wall heater.
Bedroom Two - Shower Room - 2.21 x 2.05 (7'3" x 6'8") - The modern shower room benefits from a white three piece suite comprising of; Walk in shower with glazed screen, low flush wc and vanity hand wash basin with handy storage.
Finished with part tiled walls, tiled flooring, heated towel rail, wall mounted mirror, electric heater and extractor fan.
Outside - Outside - The property enjoys a private patio area which is south facing and leads to the well maintained communal gardens. Ideal for a relaxing coffee in the sun.
Communal Gardens - Communal Gardens - Rear View Of The Property - Rear View Of The Property - Front Building View With Parking - Service Charges - Service Charge – 2 Bed Apartment = £343.18 per month paid by monthly DDR (£4118.16pa).
Ground Rent - £495 per year invoiced 6 monthly= 2 x £247.50 invoices which are paid in full.
Car Parking space are available at £250 per year (Application to Maritime Court) Tenure - Leasehold - We are informed by the seller that the tenure of this property is Leasehold for a period of 999 years from 2016 with an annual ground rent of £495.00 which will be reviewed during the term.
Confirmation / verification has been requested. Please consult us for further details.
Council Tax Band & Epc Rating - Council Tax Band - C EPC - B Viewing Arrangements - Please contact Joy Walker Estate Agents on to arrange a viewing on this property.
Opening Times - Monday - Friday 9.00 am to 5.15 pm. Saturday 9.00 am to 1.00 pm
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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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About Apt 5 Maritime Court, Taylors Avenue, Cleethorpes
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