Sold subject to contract

£95,000

(£142/sq. ft)

2 bed flat for sale
Mill Bridge Close, Retford DN22

    • 2 beds

    • 1 bath

    • 1 reception

    • 667 sq. ft

  • EPC Rating: B

  • Chain free
  • Leasehold

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Newton Fallowell

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About this property

  • Two bedroom 2nd floor flat

  • Juliet balcony

  • Open plan living / dining

  • One allocated parking space

  • Popular location

  • Perfect for first time buyers / investors

  • No onward chain

  • EPC rating 'B'

  • Secure entry system

  • Leasehold

This well-presented second floor flat offers a comfortable and practical living environment, ideally suited to first time buyers or investors. Featuring two bedrooms and a generously sized lounge diner, this apartment provides ample space for both relaxation and entertaining. The family bathroom is designed for convenience, while the property benefits from gas central heating throughout, supporting an efficient and pleasant atmosphere year-round. The leasehold tenure ensures peace of mind for buyers and investors alike.

The property includes one allocated parking space, with additional zone or permit parking available as required. The absence of an upward chain offers added flexibility, making the purchasing process straightforward. The EPC rating is 'B', reflecting the property's energy efficiency.

Local area

Situated in Retford, Nottinghamshire, this flat enjoys proximity to the town centre, providing easy access to a range of local amenities, shops, and public services. Retford offers good transport links and a welcoming community atmosphere, making it a suitable location for a wide variety of residents.

EPC Rating: B

Bedroom 1 (4.22m x 3.00m)

A comfortable bedroom, carpeted throughout, featuring a double-glazed window, a panel radiator, and a fitted storage cupboard.

Bedroom 2 (3.03m x 2.70m)

Carpeted throughout, featuring a double-glazed window and a panel radiator.

Lounge/Diner (4.42m x 4.12m)

A bright and spacious living area carpeted throughout, featuring two double-glazed windows, double-glazed front doors, a TV point, and two panel radiators.

Bathroom (2.04m x 1.89m)

Fitted with a three-piece suite comprising a panel bath with a mixer tap and showerhead attachment, a low-level flush WC, and a wash hand basin with a mixer tap set on a pedestal. Includes a radiator.

Kitchen Area (3.24m x 1.87m)

A modern kitchen fitted with a range of wall and floor-mounted cupboards. It includes a sink with a drainer and mixer tap, a four-ring gas hob with an extractor hood above, an integrated double electric fan-assisted oven, and an integrated washing machine. The kitchen also houses the Ideal Exclusive boiler.

Notes For Potential Investors

For the discerning investor, this property represents a stellar buy-to-let addition. With a realistic market rent of £700 to £750 per calendar month against an attractive purchase price of £95,000, the property yields a fantastic 8.8% to 9.5% gross return on investment before even factoring in deposit and finance options. Combining strong rental demand with highly lucrative entry figures, this is an incredibly efficient investment opportunity poised for immediate performance.

Disclaimer

Every care has been taken with the preparation of these Particulars but complete accuracy cannot be guaranteed, If there is any point, which is of particular importance to you, please obtain professional confirmation. Alternatively, we will be pleased to check the information for you. These Particulars do not constitute a contract or part of a contract. The floor plan shown in these particulars is for illustrative purposes only and should not be interpreted as a scaled drawing. Any site measurements given are subject to site survey.

Services

We wish to advise prospective purchasers that we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective purchasers to commission their own survey or service reports before finalising their offer to purchase.

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Local area information

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More information

  • Tenure

    Leasehold (104 years)

  • Service charge

    £170 per year

  • Council tax band

    A

  • Ground rent

    £950

  • Ground rent date of next review

See all recent sales in DN22

Property descriptions and related information displayed on this page are marketing materials provided by - Newton Fallowell. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Newton Fallowell for full details and further information.