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Mill Bridge Close, Retford, DN22

PROPERTY TYPE

Flat

BEDROOMS

2

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • NO UPWARD CHAIN
  • PERFECT FOR FIRST TIME BUYERS OR INVESTORS
  • SECOND FLOOR APARTMENT
  • TWO BEDROOMS
  • LARGE LOUNGE DINER
  • FAMILY BATHRROM
  • ONE ALLOCATED PARKING SPACE
  • CLOSE TO TOWN CENTRE
  • TENURE LEASEHOLD
  • EPC RATING 'B'

Description

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. Tenure: Leasehold,

Hallway

Accessed via a large UPVC door, the hallway features a panel radiator, access to the loft, and doors leading to two storage cupboards. Carpeted throughout.

Open-Plan Lounge / Diner

4.42m x 4.12m (14'6" x 13'6")

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

Kitchen Area

1.87m x 3.24m (6'2" x 10'8")

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.

Bedroom One

4.23m x 3m (13'11" x 9'10")

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

Bedroom Two

3.01m x 2.62m (9'11" x 8'7")

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

Bathroom

2.04m x 1.89m (6'8" x 6'2")

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.

Externally

One allocated parking space.

Additional information

Lease length: 123 years from 01/01/07
Ground Rent: 170 paid annually in advance on 1st January.
Service charge: £950

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.'

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.

Brochures

Brochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Permit
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
2nd floor

Mill Bridge Close, Retford, DN22

Approximate location

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Affordability

Monthly repayments£477
Property: £ 95,000
Deposit: £ 9,500
Interest rate: 5.33%
Term: 30 years
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Renovation potential
Recently sold & under offer
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About Newton Fallowell, Retford

7 New Street, Retford, DN22 6EG
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With over 30 sales and lettings offices across the Midlands, and the local property knowledge that comes with almost 20 years of being in business; Newton Fallowell is perfectly placed to support you on your property journey.

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Disclaimer - Property reference P3015. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Newton Fallowell, Retford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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